{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/20/#50-disclosure","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":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"Information for Each Period for Which a Statement of Financial Position Is Presented","paragraphs":[{"citation":"350-20-50-1","para":"50-1","html":"
The changes in the carrying amount of goodwill during the period shall be disclosed, showing separately (see Example 3 [paragraph 350-20-55-24]):
  1. a
    The gross amount and accumulated impairment losses at the beginning of the period
  2. b
    Additional goodwill recognized during the period, except goodwill included in a disposal group that, on acquisition, meets the criteria to be classified as held for sale in accordance with paragraph 360-10-45-9
  3. c
    Adjustments resulting from the subsequent recognition of deferred tax assets during the period in accordance with paragraphs
    805-740-25-2 through 25-4
    and 805-740-45-2
  4. d
    Goodwill included in a disposal group classified as held for sale in accordance with paragraph 360-10-45-9 and goodwill derecognized during the period without having previously been reported in a disposal group classified as held for sale
  5. e
    Impairment losses recognized during the period in accordance with this Subtopic
  6. f
    Net exchange differences arising during the period in accordance with Topic 830
  7. g
    Any other changes in the carrying amounts during the period
  8. h
    The gross amount and accumulated impairment losses at the end of the period.
Entities that report segment information in accordance with Topic 280 shall provide the above information about goodwill in total and for each reportable segment and shall disclose any significant changes in the allocation of goodwill by reportable segment. If any portion of goodwill has not yet been allocated to a reporting unit at the date the financial statements are issued, that unallocated amount and the reasons for not allocating that amount shall be disclosed.
","snippet":"The changes in the carrying amount of goodwill during the period shall be disclosed, showing separately (see Example 3 [paragraph 350-20-55-24]):\n(a) The gross amount and accumulated impairment losses at the beginning of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0861d7ea71cb634eff70552cc77e0e9d6aa5920c81f345fbe056328714a8743f","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-1A","para":"50-1A","html":"
Entities that have one or more reporting units with zero or negative carrying amounts of net assets shall disclose those reporting units with allocated goodwill and the amount of goodwill allocated to each and in which reportable segment the reporting unit is included.
","snippet":"Entities that have one or more reporting units with zero or negative carrying amounts of net assets shall disclose those reporting units with allocated goodwill and the amount of goodwill allocated to each and in which r…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f89681abf552e6eea261a5cce15968b5368d00974e9b29e8361aa89aee010868","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b75bfdbf2cd9a42a5cb3df57fbbcca17fff474939f9f208f53d375861d13ae4","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":null,"heading":"Goodwill Impairment Loss","paragraphs":[{"citation":"350-20-50-2","para":"50-2","html":"
For each goodwill impairment loss recognized, all of the following information shall be disclosed in the notes to the financial statements that include the period in which the impairment loss is recognized:
  1. a
    A description of the facts and circumstances leading to the impairment
  2. b
    The amount of the impairment loss and the method of determining the fair value of the associated reporting unit (whether based on quoted market prices, prices of comparable businesses or nonprofit activities, a present value or other valuation technique, or a combination thereof)
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2017-04.
","snippet":"For each goodwill impairment loss recognized, all of the following information shall be disclosed in the notes to the financial statements that include the period in which the impairment loss is recognized:\n(a) A descrip…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:344329aa8cb7f04e528da132a723952531be132019aced4350db8cf99f764595","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-3","para":"50-3","html":"
The quantitative disclosures about significant unobservable inputs used in fair value measurements categorized within Level 3 of the fair value hierarchy required by paragraph 820-10-50-2(bbb) are not required for fair value measurements related to the financial accounting and reporting for goodwill after its initial recognition in a business combination.
","snippet":"The quantitative disclosures about significant unobservable inputs used in fair value measurements categorized within Level 3 of the fair value hierarchy required by paragraph 820-10-50-2(bbb) are not required for fair v…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:871229ebe3ed9eb6d0e30cd7a415fe031f01a7beab9520dc5d1263e703c87465","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbc72af878360c5d69c013567bde57e393310b4999df417a7ffb51364559f0f7","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-50-3A","para":"50-3A","html":"
The information in paragraphs
350-20-50-4 through 50-7
shall be disclosed in the notes to financial statements for any entity within the scope of paragraph 350-20-15-4 that elects the accounting alternative for amortizing goodwill.
","snippet":"The information in paragraphs 350-20-50-4 through 50-7 shall be disclosed in the notes to financial statements for any entity within the scope of paragraph 350-20-15-4 that elects the accounting alternative for amortizin…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3eb4460d676f8d107243556695fc0752864d7333c3bab2263631d38913fe5cb9","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-3B","para":"50-3B","html":"
An entity within the scope of paragraph 350-20-15-4A that elects the accounting alternative for a goodwill impairment triggering event evaluation shall disclose its use of the alternative as a significant accounting policy in accordance with paragraph 235-10-50-1.
","snippet":"An entity within the scope of paragraph 350-20-15-4A that elects the accounting alternative for a goodwill impairment triggering event evaluation shall disclose its use of the alternative as a significant accounting poli…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05479782039b8c60fc973a18d1d4c5dde7b03b65871c35ff13ad79e233e2450d","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0ca968607a46743ac9ee5c3deec0488d328bf8b5cb449e0424392a2ef86f1ae","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":"Disclosures about Additions to Goodwill","paragraphs":[{"citation":"350-20-50-4","para":"50-4","html":"
The following information shall be disclosed in the notes to financial statements for any additions to goodwill in each period for which a statement of financial position is presented:
  1. a
    The amount assigned to goodwill in total and by major business combination, by major acquisition by a not-for-profit entity, by joint venture formation, or by reorganization event resulting in fresh-start reporting
  2. b
    The weighted-average amortization period in total and the amortization period by major business combination, by major acquisition by a not-for-profit entity, by joint venture formation, or by reorganization event resulting in fresh-start reporting.
","snippet":"The following information shall be disclosed in the notes to financial statements for any additions to goodwill in each period for which a statement of financial position is presented:\n(a) The amount assigned to goodwill…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b05870ad1d8bdf9713c0737627c133b418f5278923bc80d5cf5a6afe378f2955","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5536f8d747e37a7958717fe37a99711ff5a30dab9b4ed91f0e1b2130fbd11a27","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":"Information for Each Period for Which a Statement of Financial Position Is Presented","paragraphs":[{"citation":"350-20-50-5","para":"50-5","html":"
The following information shall be disclosed in the financial statements or the notes to financial statements for each period for which a statement of financial position is presented:
  1. a
    The gross carrying amounts of goodwill, accumulated amortization, and accumulated impairment loss
  2. b
    The aggregate amortization expense for the period
  3. c
    Goodwill included in a disposal group classified as held for sale in accordance with paragraph 360-10-45-9 and goodwill derecognized during the period without having previously been reported in a disposal group classified as held for sale.
","snippet":"The following information shall be disclosed in the financial statements or the notes to financial statements for each period for which a statement of financial position is presented:\n(a) The gross carrying amounts of go…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b4ec47ebdb038e53dccdebd056f78f481a0c247886d93a57791b5c9dc7f5256","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8b143b4aec9ad94fa039cc2389f6e0e9b7ad429d922b75dcb93fbee5db6c5c9e","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":"Goodwill Impairment Loss","paragraphs":[{"citation":"350-20-50-6","para":"50-6","html":"
For each goodwill impairment loss recognized, the following information shall be disclosed in the notes to financial statements that include the period in which the impairment loss is recognized:
  1. a
    A description of the facts and circumstances leading to the impairment
  2. b
    The amount of the impairment loss and the method of determining the fair value of the entity or the reporting unit (whether based on prices of comparable businesses or nonprofit activities, a present value or other valuation technique, or a combination of those methods)
  3. c
    The caption in the income statement or statement of activities in which the impairment loss is included
  4. d
    The method of allocating the impairment loss to the individual amortizable units of goodwill.
","snippet":"For each goodwill impairment loss recognized, the following information shall be disclosed in the notes to financial statements that include the period in which the impairment loss is recognized:\n(a) A description of the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d3f87f4ba863e9f67a77613963d4dc10e1682c3ec0dfdcf001ee90683f724ed0","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-7","para":"50-7","html":"
The quantitative disclosures about significant unobservable inputs used in fair value measurements categorized within Level 3 of the fair value hierarchy required by paragraph 820-10-50-2(bbb) are not required for fair value measurements related to the financial accounting and reporting for goodwill after its initial recognition in a business combination, an acquisition by not-for-profit entity, or a joint venture formation.
","snippet":"The quantitative disclosures about significant unobservable inputs used in fair value measurements categorized within Level 3 of the fair value hierarchy required by paragraph 820-10-50-2(bbb) are not required for fair v…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ff542de6f714cb4c8b4c41ec1690f0001ab39587f5654f0600d41337562f7a62","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5d09aeca5cb3ffa97a759cbbeb0095751d230fbe1a8d070459d3b4a3204f5d1b","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1a7a1d7b8c2fede0ad959474ca652e4e8a40c783cf859c8c5534ead2b9948ab2","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1a7a1d7b8c2fede0ad959474ca652e4e8a40c783cf859c8c5534ead2b9948ab2","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}