Goodwill is an unidentifiable asset
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Yes.
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
According to the FASB, goodwill is defined as an asset.
Goodwill is an unidentifiable asset
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Yes.
No, goodwill is not a real asset. There are assets that are cannot be measured directly but in the end, they will make changes to the performance of the enterprise.
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
A long-term investment is considered a long-term asset, because a firm expects a probable future economic benefit to result from it.
Machinery is an asset of business and long term asset so it is part of long term asset in balance sheet.
Most common example of intengible asset is "GOODWILL"