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Goodwill Games Medalists In Diving
Goodwill or good will may also refer to: * Goodwill (accounting), the value of a business entity not directly attributable to its assets and liabilities *Goodwill ambassador, occupation or title of a person that advocates a cause * Goodwill Games, a former international sports competition (1986–2000) * Goodwill Industries, a non-profit organization * Goodwill Entertainments, an Indian motion picture and distribution company * Goodwill tour, a tour by someone or something famous to a series of places * The Goodwill, a post-hardcore band from Long Island, New York formed in 2001 * , a United States Navy patrol boat in commission from 1917 or 1918 until the end of 1918 People with the name * Goodwill Zwelithini kaBhekuzulu, the former king of the Zulu nation * Tommy Goodwill (1894–1916), English footballer Places * Goodwill, a Free Village in Saint James Parish, Jamaica * Goodwill, a suburb of Roseau, Dominica * Goodwill, Maryland, United States See also *''Good Will Hunting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goodwill (accounting)
In accounting, goodwill is an intangible asset recognized when ownership of a firm is transferred as a going concern. It represents the value of a firm's intrinsic ability to retain customer business, where that value is not otherwise attributable to brand name recognition, contractual arrangements or other specific factors. Goodwill is recognized only through an acquisition; it cannot be self-created. It is the excess of the "purchase consideration" (the money paid to purchase the asset or business) over the net value of the assets minus liabilities. It is classified as an intangible asset on the balance sheet, since it can neither be seen nor touched. Under US GAAP and IFRS, goodwill is never amortized, because it is considered to have an indefinite useful life. (Though private companies in the United States may elect to amortize goodwill over a period of ten years or less under an accounting alternative from the Private Company Council of the FASB.) Instead, management is respon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |