IAS 22

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August 31, 2024 4 min read Definitions
Goodwill: An Intangible Asset with Strategic Importance
Finance Accounting Goodwill Intangible Assets Business Valuation Financial Reporting IAS 22
Goodwill represents an intangible asset arising from factors like customer connections and reputation. It's the value difference between a business's net assets and its total valuation, often arising in acquisitions.
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