Discontinuance and Goodwill: Difference between pages

Revision as of 05:15, 17 January 2022

1. Intangible assets - financial reporting.

Goodwill is an intangible asset representing the additional premium - in excess of the value of net assets - paid to acquire control of a business.

Also known as positive goodwill.

2. Financial reporting - consolidated accounts.

The excess of the total book value of the whole business, above the net value of its individual assets and liabilities.

Relevant accounting standards include Sections 18, 19 and 27 of FRS 102.

3. Intangible assets - reputational risk management.

The positive reputation of a business.

It can sometimes be estimated as the difference between the market value of a business and its adjusted book value.

@@ Line 1: / Line 1: @@
-''Pensions''.
+. ''Intangible assets - financial reporting.''
+Goodwill is an intangible asset representing the additional premium - in excess of the value of net assets - paid to acquire control of a business.
+Also known as positive goodwill.
+. ''Financial reporting - consolidated accounts.''
+The excess of the total book value of the whole business, above the net value of its individual assets and liabilities.
+Relevant accounting standards include Sections 18, 19 and 27 of FRS 102.
+. ''Intangible assets - reputational risk management.''
+The positive reputation of a business.
+It can sometimes be estimated as the difference between the market value of a business and its adjusted book value.
-The cessation of contributions to a pension scheme leading either to winding up or to the scheme becoming paid up.  Discontinuance valuations are made on such a basis.
 == See also ==
-* [[Discontinuance method]]
+* [[Acquisition accounting]]
-* [[Going concern]]
+* [[Book value]]
-* [[Gone concern]]
+* [[Consolidated group accounts]]
-* [[Solvency]]
+* [[Financial reporting]]
+* [[FRS 102]]
+* [[Goodwill on consolidation]]
+* [[Impairment]]
+* [[Intangible assets]]
+* [[Market value]]
+* [[Negative goodwill]]
+* [[Net assets]]
+* [[Reputational risk]]
+* [[Research & development]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:Corporate_finance]]