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Non-Cash Charge

An expense/ charge that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting...

Non-Cash Expense

An expense that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting period....

Non-Tax-Deductible Goodwill

A goodwill that is not deductible for tax purposes- that is, accounting for goodwill is carried out on the basis...

GPFS

It stands for general-purpose financial statement; a set of financial statements that is prepared and issued throughout a reporting period...

General-Purpose Financial Statement

A set of financial statements that is prepared and issued throughout a reporting period year to provide general financial information...

Goodwill Impairment Test

An impairment test for goodwill with indefinite useful life. This test is typically carried out on an annual basis, by...

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...