IFA62 – Intro to Intangible Assets & Goodwill – Intermediate Accounting скачать в хорошем качестве

IFA62 – Intro to Intangible Assets & Goodwill – Intermediate Accounting

Download the Workbook: http://www.tonybell.com Unlock 100+ Members Accounting Tutorials:    / @tony-bell   In This Video: We kick off Module 12 with a high-level overview of Intangible Assets, focusing specifically on the concept of Goodwill. We discuss what makes an asset "intangible" and then dive deeply into why Goodwill only arises during the acquisition of an entire business. Finally, we walk through the fundamental calculation required to measure it: taking the total purchase price and subtracting the fair value of the acquired company's net identifiable assets. Module Overview (IFA62–IFA64): This short but critical module explores the accounting treatment for Intangible Assets and Goodwill. We will examine how to properly value, record, and amortize specific intangibles like patents, copyrights, and trademarks. We will also dive into the calculations for acquiring Goodwill during a business combination and navigate the specific rules for testing these unique, non-physical assets for impairment.