goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Amortization is the process of writing off intangible assets such as goodwill,patents, trademarks, license etc. The portion of goodwill(or any other intangible asset) to be amortized in a particular accounting year is treated as revenue expense and is charged to the Profit and Loss Account of that year.
There are a great many real life examples of negative good will. Stealing for a stranger's child to feed your child is a good example.
1. Goodwill is an intangible asset as it doesn't have any physical existence it can be treated as fixed assets as goodwill is generally amortized in more than one fiscal year like any tangible asset
No; goodwill can not be depreciated because goodwill is not considered to have a useful life.
Goodwill can be negative and arises where the net assets at the date of acquisition, fairly valued, exceed the cost of acquisition. Negative goodwill is recognized as a liability.
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Amortization is the process of writing off intangible assets such as goodwill,patents, trademarks, license etc. The portion of goodwill(or any other intangible asset) to be amortized in a particular accounting year is treated as revenue expense and is charged to the Profit and Loss Account of that year.
In the United States, general intangibles are amortized over 15 years.
There are a great many real life examples of negative good will. Stealing for a stranger's child to feed your child is a good example.
Aminogylcosides
1. Goodwill is an intangible asset as it doesn't have any physical existence it can be treated as fixed assets as goodwill is generally amortized in more than one fiscal year like any tangible asset
No; goodwill can not be depreciated because goodwill is not considered to have a useful life.
goodwill
speech to secure goodwill
The Goodwill was created in 2001.