Bank of America's balance sheet contains more goodwill than its closest competitors, JPMorgan Chase, Citigroup, and Wells Fargo. You can't sit on it. It doesn't generate loans or deposits. You can't ...

Intangible assets can be described as those that are not physically present or do not have a physical form. This means they cannot be touched or possessed; however, they still contribute to the ...

Assets are the economic resources that businesses use in their operations, and in the case of bankruptcy, can use to repay their outstanding debt. Some assets can be converted into cash to repay debts ...

Decades ago, the majority of assets were either buildings and machinery – often referred to as plant, property and equipment (PPE) – or financial assets such as cash or securities. These are known as ...

The first casualty of accounting is objective truth. Consider equity, which is supposed to be the fundamental measurement of what a company is worth - and in the banking industry, an absolute ...

The new corporate alternative minimum tax (CAMT) creates incentives for large companies to allocate more value to amortizing intangible assets and less value to assets like goodwill that do not ...