What is goodwill? As an auditor, how would you ascertain that an amount paid for goodwill is
Question:
What is goodwill? As an auditor, how would you ascertain that an amount paid for goodwill is justified?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
Goodwill is an intangible asset that arises when a buyer acquires an existing business for an amount greater than the fair market value of the net ide...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In the ZZZZ Best case, explain the kinds of evidence that the auditors gathered and how the auditors failed. just write one or two paragraph to support ZZZZ Best Case On May 19, 1987, a short article...
-
At the ZZZZ Best Company What is the accounting issue(s) at the core of the problem? At the ZZZZ Best Company was the accounting principle followed correctly or misconstrued by the parties? Why or...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Why do investors tend to sell losing stocks together, on the same trading session, and separate the sale of winning stocks over several trading sessions?
-
A long straight wire lies on a horizontal table and carries a current of 1.20 A. In a vacuum, a proton moves parallel to the wire (opposite the current) with a constant speed of 2.30 x 104 m/s at a...
-
A company paid $326,000 for property that included land, land improvements, and a building. The land was appraised at $175,000, the land improvements were appraised at $70,000, and the building was...
-
2 What are the main features of an effective cross-cultural interview? List the features in order of importance.
-
Although the equity method is a generally accepted accounting principle (GAAP), recognition of equity income has been criticized. What theoretical problems can opponents of the equity method...
-
In a the firm preregisters with the SEC any securities it wishes to sell over the next two years. Multiple Choice rights full underwritten general cash shelf registration best efforts
-
Coverall Inc. produces and sells a unique type of case for a standard size tablet computer that is guaranteed waterproof but still allows for regular functionality of the tablet. The company has just...
-
Do you think that verification of assets and liabilities is necessary when vouching has been done properly?
-
What is meant by contingent liability? Discuss the auditors duty in this regard.
-
How would the Maxwell speed distributions for versus Kr compare if the gases were at the same temperature?
-
To create 3 scenarios (positive, neutral and negative) for the development of the restaurant. Include the following important factors in your assessments: border trade as one of the most important...
-
Description of market segment Aged between 34 and 58 Regular commuters Clerical or professional Income over $50K Moderately price-sensitive but may see higher price as an indicator of quality...
-
How has the job of the manager changed over time (since the publication of the Mintzberg article below)? What factors have contributed to shifts in the manager's role? What new roles are managers...
-
a. illustrate the fives modes within which an ethical leader can exercise authority b. Evaluate four factors related to interpersonal dimension that relate to unethical behaviour of leaders c. Assess...
-
Complete the following writing assignment: Analyze the attached 10_pages. Write about them, summarize what you read, and connect it to personal experiences. CHAPTER 15 Sexual Dysfunctions and...
-
Evaluate the following questions and suggest improvements. a. Please check the following activities in which you participate as a private citizen interested in politics. _____ Read books and articles...
-
The production budget of Artest Company calls for 80,000 units to be produced. If it takes 30 minutes to make one unit and the direct labor rate is $16 per hour, what is the total budgeted direct...
-
The internal audit function may be outsourced to an external consulting firm. A. True B. False
-
Which of the following best describes an audit used to determine if a Fortune 500 health care company is adhering to Sarbanes-Oxley and HIPAA regulations? A. IT audit B. Operational audit C....
-
Which of the following best describes an audit used to determine if a Fortune 500 health care company is adhering to Sarbanes-Oxley and HIPAA regulations? A. IT audit B. Operational audit C....
-
A company manufactures lawnmowers. Compute the total amount of period costs from thr following costs.
-
TestAnswerSavedHelp opens in a new windowSave & ExitSubmit Item 1 7 1 0 points Time Remaining 1 hour 2 0 minutes 1 8 seconds 0 1 : 2 0 : 1 8 Item 1 7 Time Remaining 1 hour 2 0 minutes 1 8 seconds 0 1...
-
Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] Lansing Company's current-year income statement and selected balance...
Study smarter with the SolutionInn App