Why is ‘Goodwill’ considered an ‘Intangible Asset’ but not a ‘Fictitious Asset’? | Shaalaa.com
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The Intangible Power of Goodwill Ever wonder why one business sells for more than its physical assets are worth? That difference is often goodwill, an intangible asset. It includes the company's reputation, its customer lists, and its brand name—things without a "hard cost" but with huge value. If you're buying or selling a business, understanding this concept is critical to accurate valuation. #GoodwillInBusiness #IntangibleAsset #BusinessValuation #CPAAdvice #FinanceEducation #ReputationMatter
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