Question

Is goodwill good or bad?

Answer 1

In the books of accounts, goodwill is created from the excess money paid than the fair value during acquisition. Often it increases the value of the product or the company’s brand, hence having goodwill is a positive sign for a business.

Also see:

• MCQs on Goodwill
• Methods of Valuation of Goodwill
• Treatment of Goodwill

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