In connection with assets (tangible assets / fixed assets or intangible asset such as goodwill), it is the amount that...
The loss in value that occurs when the book value or carrying value of an asset (or a cash-generating unit)...
The loss in value that results from impairment. More specifically, it is the amount by which the carrying amount (book...
It stands for deferred tax liability; the sums of income taxes that an entity expects to pay in future periods...
The sums of income taxes that an entity expects to pay in future periods in relation to taxable temporary differences....
It stands for deferred tax asset; the sums of income tax that an entity can recover in the future. These...
The sums of income tax that an entity can recover in the future. These income taxes are typically recorded as...
A goodwill that is tax-deductible (in an asset purchase): a purchaser of a target company usually receives a tax benefit...
An impairment testing for goodwill with indefinite useful life. This testing is typically carried out on an annual basis, by...
The systematic process of gradually reducing the amount of a goodwill asset by recording a periodic amortization charge. In accounting...