What is goodwill ? How does it arise? How much goodwill did TELUS report on December 31,

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What is goodwill? How does it arise? How much goodwill did TELUS report on December 31, 2011? How does TELUS amortize its goodwill? How much new goodwill did TELUS add in 2011? Is it possible that TELUS has goodwill that isn't reported on its balance sheet? Explain.

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...
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