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Goodwill Impairment

The loss in goodwill that may result from a host of internal and external sources. In accounting, this is recorded...

Goodwill Impairment Loss

The loss in an entity's goodwill that occurs when the carrying value of the net assets of the entity or...

Fair Value Less Cost To Sell

A type of net recoverable amount where the value of an asset is defined as the difference between its fair...

FVLCTS

It stands for fair value less cost to sell; it is a type of net recoverable amount where the value...

Fair Value Less Costs of Disposal

A type of net recoverable amount where the value of an asset is defined as the difference between its fair...

FVLCD

It stands for fair value less costs of disposal; it is a type of net recoverable amount where the value...

Impairment

The loss in value that occurs when the book value or carrying value of an asset (or a cash-generating unit)...

Impairment Loss

The loss in value that results from impairment. More specifically, it is the amount by which the carrying amount (book...

Tax Goodwill

A goodwill that is tax-deductible (in an asset purchase): a purchaser of a target company usually receives a tax benefit...

Goodwill Impairment Testing

An impairment testing for goodwill with indefinite useful life. This testing is typically carried out on an annual basis, by...