Goodwill Accounting


All articles in this category pertain to goodwill accounting. In accounting, goodwill is an intangible asset that is created after one entity purchases another entity or asset for more than that entity’s or asset’s fair market value. It is recorded on the balance sheet as a long-term asset. Companies are required to review goodwill recorded on their financial statements each year and report any impairments.

Learn more about goodwill accounting and how to calculate it below.

Recent articles

Sign up for our newsletter to keep up to date with the latest accounting news and resources

* indicates required

Your information will be treated in accordance with our privacy statement.