# ASC 350-20-50: Intangibles—Goodwill and Other — Goodwill — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/350/20/#50-disclosure) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:1a7a1d7b8c2fede0ad959474ca652e4e8a40c783cf859c8c5534ead2b9948ab2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 350-20-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/350/20/#50-disclosure) SEC content: no #### Information for Each Period for Which a Statement of Financial Position Is Presented ##### [350-20-50-1](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:0861d7ea71cb634eff70552cc77e0e9d6aa5920c81f345fbe056328714a8743f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The changes in the carrying amount of [goodwill](https://asc.understandingaccounting.org/glossary/g/#goodwill "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.") during the period shall be disclosed, showing separately (see Example 3 \[paragraph [350-20-55-24](https://asc.understandingaccounting.org/asc/350/20/#350-20-55-24)\]): 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](https://asc.understandingaccounting.org/asc/360/10/#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](https://asc.understandingaccounting.org/asc/740/805/#740-805-25-2) and [805-740-45-2](https://asc.understandingaccounting.org/asc/740/805/#740-805-45-2) 4. d Goodwill included in a disposal group classified as held for sale in accordance with paragraph [360-10-45-9](https://asc.understandingaccounting.org/asc/360/10/#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. ##### [350-20-50-1A](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-1A) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:f89681abf552e6eea261a5cce15968b5368d00974e9b29e8361aa89aee010868 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. #### Goodwill Impairment Loss ##### [350-20-50-2](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:344329aa8cb7f04e528da132a723952531be132019aced4350db8cf99f764595 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/updates/asu-2017-04/). ##### [350-20-50-3](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:871229ebe3ed9eb6d0e30cd7a415fe031f01a7beab9520dc5d1263e703c87465 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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)](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2) are not required for fair value measurements related to the financial accounting and reporting for goodwill after its initial recognition in a business combination. ### Accounting Alternatives ##### [350-20-50-3A](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-3A) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:3eb4460d676f8d107243556695fc0752864d7333c3bab2263631d38913fe5cb9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The information in paragraphs [350-20-50-4 through 50-7](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-4) shall be disclosed in the notes to financial statements for any entity within the scope of paragraph [350-20-15-4](https://asc.understandingaccounting.org/asc/350/20/#350-20-15-4) that elects the accounting alternative for amortizing [goodwill](https://asc.understandingaccounting.org/glossary/g/#goodwill "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."). ##### [350-20-50-3B](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-3B) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:05479782039b8c60fc973a18d1d4c5dde7b03b65871c35ff13ad79e233e2450d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity within the scope of paragraph [350-20-15-4A](https://asc.understandingaccounting.org/asc/350/20/#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](https://asc.understandingaccounting.org/asc/235/10/#235-10-50-1). #### Disclosures about Additions to Goodwill ##### [350-20-50-4](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:b05870ad1d8bdf9713c0737627c133b418f5278923bc80d5cf5a6afe378f2955 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/glossary/a/#acquisition-by-a-not-for-profit-entity "A transaction or other event in which a not-for-profit acquirer obtains control of one or more nonprofit activities or businesses and initially recognizes their assets and liabilities in the acquirer's financial statements. When applicable guidance in Topic 805 is applied by a not-for-profit entity, the term business combination has the same meaning as this term has for a for-profit entity. Likewise, a reference to business combinations in guidance that links to Topic 805 has the same meaning as a reference to acquisitions by not-for-profit entities."), by [joint venture](https://asc.understandingaccounting.org/glossary/j/#joint-venture "An entity owned and operated by a small group of businesses (the joint venturers) as a separate and specific business or project for the mutual benefit of the members of the group. A government may also be a member of the group. The purpose of a joint venture frequently is to share risks and rewards in developing a new market, product, or technology; to combine complementary technological knowledge; or to pool resources in developing production or other facilities. A joint venture also usually provides an arrangement under which each joint venturer may participate, directly or indirectly, in the overall management of the joint venture. Joint venturers thus have an interest or relationship other than as passive investors. An entity that is a subsidiary of one of the joint venturers is not a joint venture. The ownership of a joint venture seldom changes, and its equity interests usually are not traded publicly. A minority public ownership, however, does not preclude an entity from being a joint venture. As distinguished from a corporate joint venture, a joint venture is not limited to corporate entities.") 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. #### Information for Each Period for Which a Statement of Financial Position Is Presented ##### [350-20-50-5](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:3b4ec47ebdb038e53dccdebd056f78f481a0c247886d93a57791b5c9dc7f5256 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/asc/360/10/#360-10-45-9) and goodwill derecognized during the period without having previously been reported in a disposal group classified as held for sale. #### Goodwill Impairment Loss ##### [350-20-50-6](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:d3f87f4ba863e9f67a77613963d4dc10e1682c3ec0dfdcf001ee90683f724ed0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. ##### [350-20-50-7](https://asc.understandingaccounting.org/asc/350/20/#350-20-50-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:01:20.846Z to 2026-09-10T00:01:20.846Z Record version: sha256:ff542de6f714cb4c8b4c41ec1690f0001ab39587f5654f0600d41337562f7a62 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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)](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2) 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.