Demystifying Goodwill In Financial Statements

Click Here For More Specific Information On: Equipment Check In Check Out Software Asset Guru By James Leong One item you will commonly find on the balance sheet of a public listed company is goodwill.To many non-financially trained people, this is a confusing term. ORIGINS So let’s begin by first understanding the context or circumstances for goodwill to exist. In other words, when does goodwill arise? Whenever one company buys over another company and pays a premium, a goodwill figure is calculated. This number is the direct consequence of a…