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The different types and accounting methods for the intangible asset, Goodwill ... In the following sections, the definition and nature of goodwill, and the different methods of accounting for goodwill are discussed.
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home.att.net/~s-prasad/GW.htm
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Accounting goodwill is the premium over book value a company pays during an acquisition. It goes on the balance sheet and is subject to periodic tests for goodwill impairment. ... In the accounting sense, Goodwill can be thought of as a "premium" for buying a business. When one company buys another, the amount it pays is...
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beginnersinvest.about.com/od/analyzingabalancesheet/a/g...
beginnersinvest.about.com/od/analyzingabalancesheet/a/goodwill-on-the-balance-sheet.htm
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This Statement addresses financial accounting and reporting for acquired goodwill and other intangible assets and supersedes APB Opinion No. 17, Intangible Assets. ... This Statement changes the subsequent accounting for goodwill and other intangible assets in the following significant respects:
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www.fasb.org/summary/stsum142.shtml
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Goodwill shows up on a company's books when it acquires another company, and naturally has to pay more for it than the listed book value of its assets. The excess paid is categorized as Goodwill, added to the acquiring company's balance sheet as an asset, and then depreciated over a period of years.
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www.moneychimp.com/glossary/goodwill.htm
www.moneychimp.com/glossary/goodwill.htm
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Although it seemed that the goodwill controversy had finally been settled by the Accounting Principles Board Opinions 16 and 17 on business combinations and goodwill amortizations, economic realities during the 1980s and the 1990s have rekindled discussions on goodwill.
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www.nysscpa.org/cpajournal/old/14152806.htm
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Although the ED suggests that the opposite would be the case, we believe that the proposed accounting for goodwill will yield either less rigorous identification of assets or that valuations of identifiable assets will have a natural bias towards a lower amount.
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www.aicpa.org/Professional+Resources/Accounting+and+Aud...
www.aicpa.org/Professional+Resources/Accounting+and+Auditing/Accounting+Standards/comltrs/buscom.htm
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The New Goodwill Accounting ; Traditionally, purchased goodwill was capitalized (either in the investment account or as a separate intangible) and amortized over a period not to exceed 40 years. ... Full Article Title: Accounting for goodwill: are we better off?(a discussion of new goodwill rules for accounting)
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goliath.ecnext.com/coms2/gi_0199-2806028/Accounting-for...
goliath.ecnext.com/coms2/gi_0199-2806028/Accounting-for-goodwill-are-we.html
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FASB issued SFAS 142, Goodwill and Other Intangible Assets, in June 2001. It made major changes to the accounting treatment of goodwill for the first time in over 30 years. ... SFAS 142 made two major changes to goodwill accounting:
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www.nysscpa.org/cpajournal/2004/1004/essentials/p30.htm
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The New Goodwill Accounting ... Changes that have been made to goodwill accounting in the United States have been mirrored by the Accounting Standards Board of the Canadian Institute of Chartered Accountants. ... International accounting standards setters seem to believe that amortization of goodwill is reasonable,
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www.allbusiness.com/accounting/550759-1.html
www.allbusiness.com/accounting/550759-1.html
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