GOODWILL
SW INDONESIA EXPLORES THE PHENOMENON OF IMPAIRMENT VALUE ON GOODWILL IN THE AUDITED FINANCIAL STATEMENTS
SW NIHAO Newsletter Edition No.12 – April 2023
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01. Accounting For Goodwill
Goodwill is an asset that represents future economic benefits arising from other assets acquired in a business combination.
02. Audit Of Goodwill
The ineffectiveness of the impairment value of goodwill is usually the main concern for auditors.
03. Tax In Transactions and Goodwill
The taxation aspect of selling-purchase of shares, assets and goodwill, that arise in corporate actions.
04. Goodwill From Corporate Action
Mergers and acquisitions have the implication of causing goodwill to occur which has the potential to cause losses due to impairment of goodwill in the future.