Full Goodwill Computation Full goodwill means that goodwill is recognized in a business combination for the noncontrolling interest in a subsidiary as well as the controlling interest. In the full goodwill method, goodwill is calculated as the difference between the total fair value of the target company and the fair value of it net identifiable assets. Full goodwill method is mandatorily required by US GAAP and allowed as an option by IFRS (besides the partial goodwill method). There are a lot of acquisitions in which the acquirer obtains more than 50% but less than 100% ownership. In such situations there are two possible methods for calculation of goodwill: difference between total fair value of company and total fair value of net identifiable asset (that is the full goodwill method) or the difference between purchase consideration and the acquirer's share of fair value of net identifiable assets (that is the partial goodwill method). Under this approach, the goodwill is recognized in the consolidated assets at its full value and includes both the goodwill attributable to the controlling and the non-controlling interests. As a result, under this approach, the carrying value of goodwill is higher, because it covers the full goodwill and not only its part attributable to the acquirer. Recognizing full goodwill will increase reported net assets on the statement of financial position.Partial Goodwill Computation A partial goodwill means that the acquirer may either recognize noncontrolling interest in the subsidiary at fair value or the acquirer can recognize noncontrolling interest in net assets excluding goodwill. In the partial goodwill method, goodwill is calculated as the difference between the purchase consideration paid and the acquirer's share of the fair value of the net identifiable assets. In partial goodwill method, only the acquirer's share of the goodwill is recognized. Goodwill under full goodwill method exceeds goodwill under partial goodwill method by the non-controlling interest share of the goodwill. Partial goodwill method is not allowed under US GAAP but it is allowed as an option under IFRS (besides the full goodwill method). Goodwill under partial goodwill method differs from goodwill under full goodwill method only in situations in which investment by the acquirer is less than 100%.Required :- paraphrase the above in proper grammer

Tax I Policy Paper Assignment description: This assignment is designed to help you better understand how the tax laws are set. It will write about a specific tax law provision. Assuming that the provision is about to expire, each student will write a paper that briefly summarizes the rules that pertain to their tax law provision, describes the history of how/why the tax law exists, and presents arguments for repeal or renewal of the tax law. You may also consider a tax policy which is not in place, but which you believe should be enacted. If you choose to go this route, explain the related tax law, argue why your policy is important, and explain how your recommended policy modifies existing tax law. This is a more difficult option, in my opinion. Your grade will be based on the quality and clarity of your paper, and the persuasiveness of your arguments. You may choose any tax rule you like. I understand that sometimes this level of flexibility can actually feel restricting and make it difficult to begin the project. The assignment should be turned in electronically. Length: I expect that these papers will be roughly 3 typed pages.

As you read in Chapter 8, there are arguments (for and against) variable costing and absorption costing. Select one of these costing methods and explore the various arguments. Determine whether you are “for” or “against” this selected method. Provide evidence from the text to support your position. Your initial post should be 200-250 words and apa format