FASB ASC 805 – Accounting for Goodwill in Business Combinations

Goodwill is an intangible asset generated from the acquisition of one entity by another.  It is the difference between the price paid by the acquirer for a business, and the amount that cannot be assigned to any individually-identified assets and liabilities acquired in the transaction.  The accounting for goodwill can range from simple to complex. 

This course describes some of the most common issues related to the initial measurement and subsequent accounting for goodwill and acquisition-related expenses in a business combination.