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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...

Non-Cash Item

An item that does not change current items: it does not result in an increase in current liabilities or in...

Non-Fund Item

An item that does not change current items: it does not result in an increase in current liabilities or in...

Long-Term Liability

A synonym for noncurrent liability; a liability that is not a current liability. By nature, it is a liability (financial...

Noncurrent Liability

A liability that is not a current liability. By nature, it is a liability (financial obligation) that is not due...