Discount applied successfully

Buy custom What is Goodwill

Essay's paper info
Topic: Business
Number of pages / Number of words: 5 / 1326
Essay's paper body

It cannot be sold as a separate asset.

? has a value may fluctuate widely according to internal and external circumstances and this value may be subjective

The fact then, that this intangible asset cannot be included in the balance sheet supports the accounting allowances made for purchased goodwill in FRS 10, published in 1997 which stated:

Internally generated intangibles should only be recognised where they have a readily ascertainable market value

It is, then, only when a company needs to market or purchase this asset through a sale or acquisition that it becomes important to be able to place a value on the intangible or intellectual assets, in particular, goodwill...


Essay fragment Read more

Need an Essay?

Choose one of the options below

Custom Written Essays

  • Order plagiarism free custom written essay
  • All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99 /page
Order Custom Paper

Full Access to Essays Database

  • This option gives you the immediate access to all 184 988 essays
  • You get access to all the essays and can view as many of them as you like for as little as $28.95/month
Buy Database Access

If at our website you can not find any essay you need for your study, you can order a paper on any topic with us.
Our company employs only qualified writers that are Master's and PhD holders.

Order custom written essay

Benefits
  • Research papers are written by professional writers
  • Requirements are always met
  • Posibility to control the working process of your paper
  • A chance of becoming the best student in your class.

As the goodwill has been developed by the business internally over a long period in a certain trade, the market is able to estimate that the value of the business as a going concern is higher than the value of its net assets.

ACCOUNTING FOR GOODWILL

Goodwill arises is calculated as the difference between the value of the business as a whole and the aggregate of the ?fair' values of its various identifiable assets both tangible and intangible...


Essay fragment

General points of the essay

Accounting treatments of purchased goodwill accountin for asset Goodwill Important Issues In Transforming A Company Into A Market-Driven Organization: Key Challenges To Adopting Market Orientation Within Modern Organizations. Project for Goodwill Industries International, Inc. Routine and Goodwill Emails The Importance of Intangible Assets The Nature of Goodwill Treatments of Goodwill and the IASB Framework What is Goodwill Asset Valuation Depreciation And Sale Of Asset Sale of asset Things Fall Apart - And On Earth, Strife And Goodwill Towards Men Overview Of Goodwill

Essays related to the topic
Title Pages / Words Select
FAS 142 essay 7 / 1777
Goodwill essay 4 / 896
Intangibles essay 3 / 792
Krispy Cream essay 4 / 866
What is Goodwill essay 5 / 1326
JDS Uniphase Accounting Practices essay 3 / 722
Fasb essay 2 / 490
Services