answersLogoWhite

0

A company may take a goodwill charge when it determines that the carrying value of goodwill on its balance sheet exceeds its fair value, indicating a potential impairment. This often occurs due to declining performance, adverse market conditions, or changes in the competitive landscape that negatively impact the acquired business. Recognizing a goodwill charge reduces the company's earnings and book value, reflecting a more accurate assessment of its assets. Ultimately, this accounting adjustment aims to provide a clearer picture of the company's financial health to investors and stakeholders.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

What is goodwill under financial accounting?

goodwill is the continuous buisness that a company gets from its customers/client. A business wishing to take over another business will depend on retaining all existing customers and are willing to pay "good Will" to the company they are buying out for their number of contstant customers


What services does the company Take Charge America offer?

The company Take Charge America are a counseling agency who are non-profit. They focus on helping people with their finances to become stable and out of debt.


Will goodwill take computer monitors?

sometimes they will take them


How much do you charge to remove fallen trees?

Removal services vary from company to company. It also depends on how big the tree is and the type of equipment which will be needed to remove it. I would suggest calling a tree removal company and asking them to take a look at it.


How much would your bill be if your phone was cut off?

It all depends on what phone company you have. For instance if you have T-Mobile its 10 dollars a month for the phone and two remove the monthly charge would stop and any additional payment would stop to. AT&T has an additional charge to take of a line so it all depends. Call your phone company for more information.


Can you take 100mg of Vyvanse?

The highest dose available for Vyvanse is 70 mg, so you would have to take two 50 mg capsules. You would have to contact your insurance company to see if they will charge double for having twice the amount of a monthly prescription.


How long to charge a new iPod touch 4?

It would actually take maybe 20 min. To charge because i have one and it would charge quickly!


Who would take charge if the president and vice president die?

The Speaker of the United House of Representatives would take charge if the President and Vice President would die. As of 2014, it would be John Boehner.


Can you sell clothes at Goodwill?

Do you mean to sell them to Goodwill? No, they want the clothing to be donated so they make the money for their programs. Take your clothes to a consignment store for selling them.


What would be some advantages and sisadvantages to getting congressional approval?

The advantage of getting congressional approval is that you will have political goodwill, the disadvantage is it might take long to get the approval.


Who is the actor in Goodwill and Hook 'N' Sling video Take You Higher?

Tu


How can you charge me 699.31 for a blue ant 3 myorder number is 1023?

You will need to take this up with the company you ordered from.