Tag Archives: Goodwill treatment under IFRS and GAAP

Treatment of Goodwill : IFRS v. GAAP

Introduction Goodwill is an intangible asset which represents the future economic benefit arising from assets which cannot be recognised separately. It¬†constitutes an essential part of assets, especially for those companies which are operating in high technology industries. Due to the growing importance of intangible assets, there has also been a …

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