{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/20/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"350","topic_title":"Intangibles—Goodwill and Other","subtopic":"350-20","subtopic_title":"Goodwill","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-20-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6B97DBB8-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The aggregate amount of <a href=\"/glossary/g/#goodwill\" class=\"term\" title=\"An asset representing the future economic benefits arising from other assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation that are not individually identified and separately recognized. For ease of reference, this term also includes the immediate charge recognized by not-for-profit entities in accordance with paragraph 958-805-25-29.\"><span>goodwill</span></a> shall be presented as a separate line item in the statement of financial position. </span></span></div></div>","snippet":"The aggregate amount of goodwill shall be presented as a separate line item in the statement of financial position.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4cbbeca458afeac0c8074008befada8b9b22ac0b88e53734b23476fe6a1115d8","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-2","para":"45-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6B97DD75-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The aggregate amount of goodwill impairment losses shall be presented as a separate line item in the income statement before the subtotal income from continuing operations (or similar caption) unless a goodwill impairment loss is associated with a discontinued operation. </span></span></div></div>","snippet":"The aggregate amount of goodwill impairment losses shall be presented as a separate line item in the income statement before the subtotal income from continuing operations (or similar caption) unless a goodwill impairmen…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3fbe6d648e9545155745b894afa85a86cd07f605e9314ba89c15d927b913334","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-3","para":"45-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6B97DEBD-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A goodwill impairment loss associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations. </span></span><span class=\"sfragment\" id=\"sfr_6B97DFD5-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">For guidance on reporting discontinued operations, see Subtopic <a altsource=\"GUID-1BB79B19-5BFE-4AEF-82DA-D60757884227.ditamap\" class=\"ditamap\">205-20</a>.</span></span></div></div>","snippet":"A goodwill impairment loss associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations. For guidance on reporting discontinued operations, see Subtopic…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d71ec4d816018d09efa0a4af777a85801008e4f5cc39f2902414371ad0b86b60","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0becad05b41b6af102e425af4787b642f052aa468d2d9af04b2e7de5007c77ba","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-45-4","para":"45-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6BB45D4C-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The following guidance for <a href=\"/glossary/g/#goodwill\" class=\"term\" title=\"An asset representing the future economic benefits arising from other assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation that are not individually identified and separately recognized. For ease of reference, this term also includes the immediate charge recognized by not-for-profit entities in accordance with paragraph 958-805-25-29.\"><span>goodwill</span></a> applies to entities within the scope of paragraph <a href=\"/asc/350/20/#350-20-15-4\" class=\"xref\">350-20-15-4</a> that elect the accounting alternative for amortizing goodwill.</span></span></div></div>","snippet":"The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4 that elect the accounting alternative for amortizing goodwill.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4ff05cc13e74da82585e01e256e932f32627ddd4fed8e9180b3ee9afe652c447","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-5","para":"45-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6BB45E44-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The aggregate amount of goodwill net of accumulated amortization and impairment shall be presented as a separate line item in the statement of financial position.</span></span></div></div>","snippet":"The aggregate amount of goodwill net of accumulated amortization and impairment shall be presented as a separate line item in the statement of financial position.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3d326c15155bf3b516fa12e0ebd8f0ecc890d510574c021406a4a82c880b301b","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-6","para":"45-6","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6BB45F0F-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The amortization and aggregate amount of impairment of goodwill shall be presented in income statement </span></span><span class=\"sfragment\" id=\"sfr_6BB4607E-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">or statement of activities </span></span><span class=\"sfragment\" id=\"sfr_6BB46131-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">line items within continuing operations (or similar caption) unless the amortization or a goodwill impairment loss is associated with a discontinued operation.</span></span></div></div>","snippet":"The amortization and aggregate amount of impairment of goodwill shall be presented in income statement or statement of activities line items within continuing operations (or similar caption) unless the amortization or a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6354e81231d84a115013098e3d2f4236399955535ac76da4b71006747d218e36","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-7","para":"45-7","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_6BB461E0-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The amortization and impairment of goodwill associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations.</span></span></div></div>","snippet":"The amortization and impairment of goodwill associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:227f1f44763828360b5661d6d880c7d946c975197652cec5b934db9941edfd02","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b668a79efc1ab5d54557370ca4124b7cc65aa648f84c5ca114b1ec57223a282","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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