ASPECTS CONCERNING THE EVALUATION AND ACCOUNTING OF GOODWILL

Abstract

In relation to the concept of “goodwill”, there have been many debates for decades, and it continues to be, nowadays, a topic of real interest for various categories of information users, especially in the conditions of the current economy where the resilience and performance of the companies in the market is influenced by intangible assets to a greater extent than the tangible material assets. The controversies that have arisen in relation to the goodwill are related to the method of estimation, entry into the accounting records, and especially by the method of its depreciation/amortization. This article focuses on the analysis of the national and international rules that regulate the recognition and presentation of goodwill in the financial statements and the presentation of some current points of view of the IASB/FASB in relation to projects re-examining goodwill accounting, and specifically, the measurement of goodwill post-acquisition.

Keywords

• goodwill
• intangible assets
• mergers and divisions
• business combinations
• ifrs.