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QuestionsCategory: Financials QuadrantCompany’s equity
Ang Henry asked 3 years ago

Hi,
Will like to ask what comprises of intangible assets and goodwill in the balance sheet of a company mainly, and will it be better to omit them in order to obtain a conservative equity figure?

1 Answers
Victor Chng answered 3 years ago

Hi Henry,
 
Intangible asset are usually like rights, license or patent while goodwill is the excess amount paid from an acquisition. I usually don;t remove it from the equity.