Goodwill in business is an intangible asset that's recorded when one company is purchased by another. It's the portion of the purchase price that's higher than the sum of the net fair value of all of ...

As part of our ongoing series on tax issues for accounting firm transactions, this article discusses the benefits of utilizing personal goodwill in accounting firm M&A deals when appropriate. Personal ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Goodwill is a kind of intangible asset; it ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. In this appendix we will clarify the difference and relationship between economic goodwill and accounting ...

This feature was prepared by the AICPA Center for Plain English Accounting. New private company financial reporting alternatives have given financial statement preparers many issues to consider. Over ...