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What is the value of the Goodwill on the balance sheet

What is the value of the Goodwill on the balance sheet
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There are two kinds of goodwill ie Economic Goodwill & Accounting Goodwill .

  • Economic Goodwill : Such kind of goodwill is valued based on performance of the entity considering its various economic factors . This is a theoretical value & does not have any balance sheet impact.
  • Accounting Goodwill : In case of acquisition , when the acquisition cost exceeds the fair market value of net assets acquired ,such excess amount is called accounting goodwill. Such value of goodwill is treated as intangible asset & is recorded in balance sheet as per applicable accounting standards. Impairment test is also applicable on such goodwill value.
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