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Goodwill Impairment Test

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

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...

Recoverable Amount

In connection with assets (tangible assets / fixed assets or intangible asset such as goodwill), it is the amount that...

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...

Goodwill Amortization

The systematic process of gradually reducing the amount of a goodwill asset by recording a periodic amortization charge. In accounting...

Financial Reporting Goodwill

A goodwill whose value is derived from financial statements and for financial reporting purposes. More specifically, the meaning of goodwill...

Tax-Deductible Goodwill

A goodwill whose accounting is carried out on a tax basis. In acquisition accounting, goodwill amortization, in some jurisdictions, is...

Goodwill

An asset (intangible asset) whose value is reflected in the amount by which the assets of an entity exceed their...