The amount above the fair net book value (adjusted for assumed debt) paid for an acquisition. Goodwill appears as an asset on the balance sheet of the acquiring firm and must be reduced in the event the value is impaired.
http://financial-dictionary.thefreedictionary.com/Goodwill
1 Goodwill is an intangible asset account on the balance sheet.  This series of entries adds the $800,000 in assets to the books, adds the $200,000 in Goodwill, and subtracts $1 million in cash from the books to reflect cash leaving to fund the purchase.
http://www.wikihow.com/Account-for-Goodwill
What is 'Goodwill'. Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company’s brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill.
http://www.investopedia.com/terms/g/goodwill.asp
Case Study The Financial Accounting Standards Board (FASB), the body charged with establishing generally accepted accounting standards, in 2001 changed the method by which companies account for goodwill. Goodwill is posted as an asset to a firm's balance sheet when the firm makes an acquisition for above net asset value. In other words, goodwill is created when a firm pays more than the accounting value of a firm's assets adjusted for its debts.
http://financial-dictionary.thefreedictionary.com/Goodwill
Goodwill To Assets Ratio. The value of goodwill typically arises in an acquisition when one company is purchased by another company. The amount the acquiring company pays for the target company over the target’s book value usually accounts for the value of the target’s goodwill.
http://www.investopedia.com/terms/g/goodwill.asp
Goodwill is an intangible FIXED ASSET and may be shown in a company's balance sheet. However, many companies write off the goodwill premium which they pay to acquire a new subsidiary company immediately against their current year's profits with the result that goodwill does not appear in their balance sheets.
http://financial-dictionary.thefreedictionary.com/Goodwill
How to Account for Goodwill. Goodwill is a type of intangible asset that may arise when a company acquires another company entirely. Because acquisitions are designed to increase the value of the combined firm, the purchase price paid often exceeds the book value of the acquired company.
http://www.wikihow.com/Account-for-Goodwill
Learn the definition of goodwill. When a business is purchased, goodwill is equal to the amount the purchase price is above the book value of the business. For example, pretend Company A wants to buy Company B for $1 million. Assume the book value of Company B is $500,000.
http://www.wikihow.com/Account-for-Goodwill
An intangible asset consisting of the public esteem in which a business is held.When a business is sold, the difference between the value of the hard assets and the value of the income stream is often attributed to goodwill.
http://financial-dictionary.thefreedictionary.com/Goodwill
BREAKING DOWN 'Goodwill'. The value of goodwill typically arises in an acquisition when one company is purchased by another company. The amount the acquiring company pays for the target company over the target’s book value usually accounts for the value of the target’s goodwill.
http://www.investopedia.com/terms/g/goodwill.asp
goodwill balance sheet definition
Goodwill on the balance sheet is defined as an intangible asset account on the balance sheet. Goodwill balance sheet is an intangible asset account on the balance sheet.