Your English writing platform
Discover LudwigThe phrase "account goodwill" is correct and usable in written English.
It is typically used in the context of accounting or business to refer to the intangible value of a company's reputation or customer relationships.
Example: "When valuing the company, we must take into account goodwill as it significantly impacts the overall worth."
Alternatives: "business goodwill" or "brand goodwill".
Similar(60)
If this accounting goodwill expands, it might even lead to greater transparency and better corporate governance in China.
Accounting goodwill is the excess price paid for an acquisition over and above the book value of the assets of the company acquired.
It's an asset-light business with large amounts of accounting goodwill on its balance sheet, reflecting its aggressive acquisition-led growth strategy.
If net cash flows decline, whether because the company fails to win enough contracts or because margins are tightening, then accounting goodwill can evaporate, leaving a large debt pile with not much in the way of assets to back it.
It is asking for all WorldCom's documents concerning its accounting for goodwill -- the accounting term for the difference of the purchase price in an acquisition and the assessed value of the acquired company's assets.
To summarize those criticisms: these accounts, unlike the goodwill account, fail to demand that the trustworthy person care at all about the trustor, or care about what he or she cares about.
The Financial Accounting Standards Board, which earlier this month endorsed a new way to account for "goodwill" resulting from mergers and acquisitions, said yesterday that companies will be able to use the new approach on goodwill already on their books from past deals, as well as any new deals they enter into.
Under present accounting standards, goodwill must be amortized.
The Financial Accounting Standards Board is mulling changes that would make rules on accounting for goodwill less onerous for those firms that pay cash for their acquisitions.
The company has close links with the Bush administration.Season of no "goodwill AOL Time Warner is to write off as much as $60 billion in the first quarter thanks to new rules over accounting for "goodwill".
The accounting term "goodwill" doesn't quite cut it.
More suggestions(4)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com