Question
In recent years, the treatment of the intangible asset Goodwill has undergone significant change as a result of the implementation of FASB 142. Goodwill is
In recent years, the treatment of the intangible asset "Goodwill" has undergone significant change as a result of the implementation of FASB 142. Goodwill is the value of a going concern. You can't touch it. You can't bank it. You can't sell it separately. By itself, it is valueless.
Assuming that all unrelated acquisitions are at "arm's length," what is all the fuss about valuing Goodwill? Why should you be concerned about it?
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter J. Walton, Walter Aerts
3rd Edition
1408062860, 9781408062869
