Distinguish between internal and external goodwill. In which situations is each capitalized or expensed?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
Internal goodwill is the ability to earn excess prof...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Question Posted:
Students also viewed these Accounting questions
-
Distinguish between internal and external users of accounting data. Include in your answer what kinds of questions both internal and external users might want answered.
-
Distinguish between internal and external auditors.
-
Distinguish between internal and external sources of computer fraud.
-
1. What velocity will a 300 kg snowmobile acquire if pushed from rest by a force of 6240 N [E] for 1.25 s? What average force will stop this snowmobile from moving at this speed in 1.25 s? (v = 26.0...
-
Refer to the information in Exercise 6.41. Information From Exercise 6.41. Beginning WIP (30% complete): Direct material ............................................................$25,000 Conversion...
-
Pretend that you have misplaced your MACRS tables. Develop the MACRS depreciation table for a property class of 5 years, assuming 200 percent DB depreciation switching to straight line; a half-year...
-
Table B. 24 contains data on median family home rental price and other data for 51 US cities. Fit a linear regression model using the median home rental price as the response variable and median...
-
The cost of the trading securities of Cepeda Company at December 31, 2010, is $62,000. At December 31, 2010, the fair value of the securities is $59,000. Prepare the adjusting entry to record the...
-
How will the Dodd-Frank Act affect value of structured instruments to both originator and issuer? Would it affect their usefulness as a source of financing and diversification/transfer of credit...
-
1. Within days of the triplets arrival, Jamie Lee and Ross began researching and comparing various agencies for the purchase of a life insurance policy. What characteristics should Ross look for when...
-
Under what conditions is goodwill capitalized at acquisition? Expensed at acquisition? Explain the arguments used to justify this accounting.
-
Under what conditions is purchased goodwill amortized? Explain how a company determines its goodwill impairment, if any.
-
What is a job description? A job specification? What functions do they serve in the hiring process?
-
PERT Probabilistic Analysis You are assigned as the new project manager for Sensor Design Project. You are in the processes of developing and analyzing the projects schedule. Based on the WBS and...
-
4 You are a tech start-up entrepreneur. With a passion to build the next unicorn from India, you are expected to develop and present a detailed assignment as a part of the comprehensive Business...
-
A leading multinational corporation in the gaming industry planned to expand its operations to southern Europe, namely to Spain. Two project managers were assigned to achieve this goal: one project...
-
A rectangular beam is subjected to uniformly distributed dead load (WDL), live load (WLL), and a point dead load (PDL) as shown below. Determine the dimensions and reinforcement of the beam. The data...
-
A wooden beam is fabricated from boards as shown, which are fastened together with screws and glue, as shown in the figure below. The screws are uniformly spaced along the span of the beam at...
-
Use the information disclosed in Procter & Gamble Companys CAGNY [Consumer Analyst Group of New York] conference slides to answer the following questions: 1. Why does the company present organic...
-
President Lee Coone has asked you to continue planning for an integrated corporate NDAS network. Ultimately, this network will link all the offices with the Tampa head office and become the...
-
In the 1986 Lake Nyos disaster (see the chapter introduction), an estimated 90 billion kilograms of CO 2 was dissolved in the lake at the time. (a) What volume of gas is this at standard temperature...
-
Define a change in estimate and provide an illustration. When is a change in accounting estimate effected by a change in accounting principle?
-
Define a change in estimate and provide an illustration. When is a change in accounting estimate effected by a change in accounting principle?
-
Define a change in estimate and provide an illustration. When is a change in accounting estimate effected by a change in accounting principle?
-
Of 15,000 individuals aged 18 years living in Ontario, 5,000 visited their family doctor in the past year and of these individuals 1,875 were diagnosed with lifelong depression. Assuming everyone was...
-
If A = 9 3 -5 -8 -7 01-87 2 00-765 000-4 3 0 0 0 0 -9 then det (A) =
-
To improve the effectiveness of its teaching staff, the administration of a high school offered the opportunity for all teachers to participate in a workshop. They were not required to attend;...
Study smarter with the SolutionInn App