goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
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
Goodwill. Everything else is tangible.
Goodwill is an unidentifiable asset
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Cash is a tangible asset. Unlike something without tangible substance such as goodwill, cash is a hard or a tangible asset.
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
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
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
Goodwill. Everything else is tangible.
According to the FASB, goodwill is defined as an asset.
Tangible asset
Goodwill is an unidentifiable asset
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset