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Goodwill Impairment
Goodwill impairment occurs when the fair value of goodwill drops below its carried value on the balance sheet, leading to a write-down in its value.
Cash-Generating Units
the smallest identifiable group of assets that generates cash inflows largely independent of the cash inflows from other assets or groups of assets.
Business Combination
The process of uniting multiple businesses into one single entity, often through acquisitions or mergers.
Unrealized Profits
Gains on assets that have appreciated in value but have not been sold, and therefore, the gains are not reflected in the financial results as actual income.
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