goodwill determination

USAGE SUMMARY

The phrase "goodwill determination" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or business, particularly when assessing the value of goodwill in a company or transaction. Example: "The auditor conducted a goodwill determination to assess the intangible assets of the acquired company."

✓ Grammatically correct

News & Media

Formal & Business

Science & Research

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Suffice to say that good communication requires practice, goodwill, determination and a considerable amount of inborn talent.

The Guardian - Lifestyle

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

"And as I see it, the only source of hope for a deal – for now – is the goodwill and determination on both sides.

The Guardian

Speaking at a press conference in Brussels, Mr Tusk said: "As I see it, the only source of hope for a deal for now is the goodwill and determination on both sides.

BBC

Mr Tusk, president of the European Council, said on Tuesday he saw "no grounds for optimism" that the two sides could bridge their differences on the Irish border, but appealed for "goodwill and determination" to try and bring an agreement nearer.

BBC

We have seen how, with determination, goodwill and support, even the most devastated lives and communities can be rebuilt.

The Guardian - Opinion

The political determination, the goodwill and hard work of all parties made it possible".

Independent

There are so many great stories of human endurance, determination and goodwill fresh in my mind from this past year.

HuffPost

But it is a work deeply indebted to Williams' masterpiece and his gallery of contradictory female characters whose heroism is a function not of their stainless goodwill but of their determination to endure.

Los Angeles Times

The Sudan labs were guided not by any formal agreement on paper but by sheer determination and goodwill, said Gada Kadoda, Project Coordinator and Technology for Development Consultant at UNICEF Sudan.

Unicef

He explained that local Goodwill organizations make independent determinations about what to pay their executives based on what they need to recruit "good talent".

Huffington Post

This record represents our hope and our determination and our goodwill in a vast and awesome universe," wrote President Carter.

Vice

Expert writing Tips

Best practice

When discussing "goodwill determination", specify the method or criteria used for the evaluation to provide clarity.

Common error

Avoid using "goodwill determination" in overly broad contexts. Be specific about what aspects of goodwill are being determined, such as its value, impairment, or recognition.

Linguistic Context

The phrase "goodwill determination" functions as a noun phrase, typically used in business, accounting, and legal contexts. It describes the act or process of assessing the value of goodwill, an intangible asset. Ludwig AI confirms its usability in written English.

Expression frequency: Rare

Frequent in

News & Media

33%

Formal & Business

33%

Science & Research

33%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "goodwill determination" is a noun phrase used to describe the process of evaluating the value of goodwill, particularly in financial and business contexts. As noted by Ludwig AI, it is grammatically correct and suitable for use in written English. While relatively rare, its usage is professional and formal, primarily appearing in news, business and science sources. Related terms include ""goodwill assessment"" and ""goodwill evaluation"". When using this phrase, clarity is key; ensure the context is specific and aligns with established accounting practices.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

goodwill assessment

This alternative is a more general term for evaluating goodwill.

goodwill evaluation

This alternative is another common term for assessing the value of goodwill.

assessing goodwill

This alternative focuses on the action of evaluating goodwill.

evaluating goodwill

This alternative emphasizes the process of determining the worth of goodwill.

goodwill impairment test

This alternative refers to a specific accounting procedure for evaluating goodwill.

determining goodwill value

This alternative is more focused on the numerical valuation of goodwill.

goodwill calculation

This alternative focuses on the mathematical aspect of finding goodwill.

establishing goodwill

This alternative refers to the process of creating or building goodwill.

goodwill recognition

This alternative refers to acknowledging and recording goodwill in financial statements.

analyzing goodwill

This alternative focuses on a detailed examination of goodwill.

FAQs

How is "goodwill determination" used in accounting?

In accounting, "goodwill determination" refers to the process of assessing the value of goodwill, an intangible asset representing the excess of the purchase price of a company over the fair value of its identifiable net assets. This often involves conducting a "goodwill assessment" or "goodwill evaluation".

What's the difference between "goodwill determination" and "goodwill impairment test"?

"Goodwill determination" is a broader term referring to the overall assessment of goodwill, while a "goodwill impairment test" is a specific procedure to evaluate whether the value of goodwill has declined below its carrying amount and needs to be written down.

What factors are considered during "goodwill determination"?

Factors considered during "goodwill determination" can include market conditions, economic forecasts, the performance of the acquired business, and changes in legal or regulatory environments. These factors influence the "assessing goodwill" process.

What can I say instead of "goodwill determination"?

You can use alternatives like ""goodwill assessment"", ""goodwill evaluation"", or "determining goodwill value depending on the context.