i don't no, but amortization of lease is disallowable expense
Goodwill is adjusted in cash flow from operating activity as goodwill has no cash attached with it as it is just create due to different reasons other than cash.
Amortization or amortisation is the process of decreasing or accounting for an amount over a period of time
There are quite a number of demerits of a goodwill. The main disadvantage is the fact that it will be an additional expense when you are setting up your business and this is might not bring any returns to the business.
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.
The main disadvantage of amortizing goodwill is that it can lead to a misrepresentation of a company's financial health. Since goodwill often reflects intangible assets such as brand reputation and customer relationships, amortizing it may not accurately reflect the ongoing value these assets provide. Additionally, amortization can reduce reported earnings, potentially affecting investor perceptions and stock prices. Lastly, it can complicate financial analysis, as investors must adjust for these non-cash charges to assess a company's true profitability.
Examples of operating expense ==> depreciation expense of a machine, impairment of goodwill Example of selling expense ==> advertising Example of general administrative expense ==> office expense
An asset is a debit entry on the balance sheet. It represents a physical item of value, an intangible item of value such as goodwill, or a debtor to the business. An expense is a debit entry on the profit and loss account, and represents a cost to the business.
Paying for something really expensive with many small payments over a period of time.
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.