This CPE course can be purchased individually or as part of the Audit Staff Essentials - Experienced Staff/New In-Charge staff training bundle.
Poor goodwill! Let's face it, goodwill is the plug number resulting from a business combination or, said differently, it's what remains after identifying and separately recognizing assets and liabilities acquired in a business combination. It has no real value. What's that? You disagree? Find a lender who will lend on goodwill, and I will change my position. There has likely been no other accounting area that has been subject to the constant tinkering that goodwill has.
In this CPE course, we will review the accounting for intangible assets and the history and current accounting for goodwill. Further, the module will address the common risks, internal controls, and auditing procedures for intangible assets and goodwill.