Question

objectives of valuation of goodwill

Answer 1

The valuation of the goodwill of a sole proprietor is done when the business is being sold however an account of an organization firm and a join stock, organization goodwill can be sold to some another business entity without offering the entire business subsequently when you will offer the goodwill of your business, you ought to be guaranteed of estimation of your goodwill at that specific time. FOLLOWING ARE THE OBJECTIVES - Goodwill has no physical presence , Goodwill is immaterial resources , Goodwill can create an extra salary for the business firm like other resources....................