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In recent years, the treatment of the intangible asset "Goodwill" has undergone significant change as a result of the im

Posted: Wed May 18, 2022 10:36 pm
by answerhappygod
In recent years, the treatment of the intangible asset
"Goodwill" has undergone significant change as a result of the
implementation of FASB 142. Goodwill is the value of a going
concern. You can't touch it. You can't bank it. You can't sell it
separately. By itself, it is valueless.
Assuming that all unrelated acquisitions are at "arm's length,"
what is all the fuss about valuing Goodwill? Why should you be
concerned about it?