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    wallbanger's Avatar
    wallbanger Posts: 3, Reputation: 1
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    #1

    Apr 4, 2009, 08:58 PM
    Goodwill and Impaired Goodwill
    When considering impaired Goodwill can it be calculated as a fraction of Goodwill or does it have to be all of it?

    Lets say Goodwill for a company is calculated to be $500,000. Can Impaired-Goodwill be determined to be some portion of this, say for example, $200,000 or is my question not making any sense?

    Thank you,
    Wallbanger
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Apr 5, 2009, 04:27 AM

    If GOODWILL ,which is an intangible asset
    Is impaired it can be reduced in the accounts.

    It is called writing off goodwill.
    wallbanger's Avatar
    wallbanger Posts: 3, Reputation: 1
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    #3

    Apr 5, 2009, 06:56 AM
    Quote Originally Posted by ROLCAM View Post
    If GOODWILL ,which is an intangible asset
    is impaired it can be reduced in the accounts.

    It is called writing off goodwill.

    Thank you ROLCAM... I am new to this financing stuff so excuse me if my questions show my ignorance.

    wallbanger
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