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Goodwill or good will may also refer to:

Goodwill (accounting), the value of a business entity not directly attributable to its assets and liabilities
Goodwill ambassador, occupation or title of a person that advocates a cause
Goodwill Games, a former international sports competition (1986–2000)
Goodwill Industries, a non-profit organization
Goodwill tour, a tour by someone or something famous to a series of places
The Goodwill, a post-hardcore band from Long Island, New York formed in 2001
USS Goodwill (1917), a United States Navy patrol boat in commission from 1917 or 1918 until the end of 1918

People with the name

Goodwill Zwelithini kaBhekuzulu, the former king of the Zulu nation
Tommy Goodwill (1894–1916), English footballer

Places

Goodwill, a Free Village in Saint James Parish, Jamaica
Goodwill, a suburb of Roseau, Dominica
Goodwill, Maryland, United States
Goodwill, West Virginia, United States

@@ Line 1: / Line 1: @@
+{{wiktionary|goodwill}}
-''For the article about the nonprofit organization: see [[Goodwill Industries]]''.
+'''Goodwill''' or '''good will''' may also refer to:
+* [[Goodwill (accounting)]], the value of a business entity not directly attributable to its assets and liabilities
+*[[Goodwill ambassador]], occupation or title of a person that advocates a cause
+* [[Goodwill Games]], a former international sports competition (1986–2000)
+* [[Goodwill Industries]], a non-profit organization
+* [[Goodwill tour]], a tour by someone or something famous to a series of places
+* [[The Goodwill]], a post-hardcore band from Long Island, New York formed in 2001
+* {{USS|Goodwill|1917}}, a United States Navy patrol boat in commission from 1917 or 1918 until the end of 1918
+==People with the name==
-'''Goodwill''' means simply to have the will to do good in a community, or, to simply try to help people who are in need (for example, serving at a soup kitchen or at a homeless shelter).
+* [[Goodwill Zwelithini kaBhekuzulu]], the former king of the Zulu nation
+* [[Tommy Goodwill]] (1894–1916), English footballer
+==Places==
-Examples:
+* Goodwill, a Free Village in [[Saint James Parish, Jamaica]]
-*The will to do good.
+* Goodwill, a suburb of [[Roseau]], Dominica
-*The effort to help out or support others.
+* [[Goodwill, Maryland]], United States
-*Willing to help out in an effort to make things better.
+* [[Goodwill, West Virginia|Goodwill]], [[West Virginia]], United States
-=== Accounting ===
+==See also==
+*''[[Good Will Hunting]]'', a 1997 film directed by Gus Van Sant
+*[[Social capital]], the goodwill of social groups, in sociology and public health
+*[[Good faith]], the mental and moral state of honesty
+{{disambiguation|geo|surname}}
-'''Goodwill''' is also an important [[accounting]] concept that describes the value of a business entity not directly attributable to its tangible [[asset]]s and [[liability|liabilities]].
-For example, a [[software]] company may have physical assets of some desktop PCs, servers, office equipment etc valued at $1 million, but the company's overall value (including brand, customer, intellectual capital) is valued at $10 million. Anybody buying that company would show $10 million total assets comprising $1 million physical assets, and $9 million in goodwill.
-However the value of goodwill is very difficult to assess especially in cases where personal contact is important. An [[accountant]] who sells his [[practice]] would not be able to guarantee that all of his clients would transfer to the buyer. When purchasing a business of this nature it is very important to be sure that provisions are made for an adjustment in the sales price after an initial trial period to see if the [[client base]] has eroded.
-Goodwill is often included on a [[balance sheet]] as an asset, but its valuation may be suspect if supporting evidence like an independent survey is missing.  Goodwill is forced onto the balance sheet when a company is purchased for more than the sum of the value of the assets of the company.  The difference between the purchase price and the sum of the assets is by definition the value of the "goodwill" of the company.
-For example:
-*A quality provider of goods or services builds up a good reputation (IBM, L.L. Bean).
-*A brand name controlled by the business becomes recognizable by a large part of the population (Tide, Cheerios).
-Goodwill is no longer [[Amortization (business)|amortized]] under U.S. generally accepted accounting principles ([[GAAP]]). As of January 1st, 2005, it is also forbidden under [[International Accounting Standards]]. Goodwill can now only be impaired (impairment-only approach).
-Since, in general, [[intellectual property]] (IP) is part of goodwill, one of the most important assets of knowledge-based companies does not appear at all on formal balance sheets. As for these companies it is the IP that generates profit, not the buildings or the cash they hold, this may lead to a misleading valuation, discouraging investors who do not understand the company's true value. However, as this [[intangible asset]] is hard to value in the first place, this is perhaps a good thing; over-valuation due to goodwill was one of the biggest factors of the [[dot-com bust]].
-=== Social Capital ===
-In [[sociology]] and [[public health]] studies, the goodwill of social groups is called [[social capital]], which replaces the need for [[financial capital]] or control of other [[capital asset]]s.  With high goodwill you can charge more for the same service or spend less attracting the same number of clients.  Likewise, with high social capital you do not need to own things because you can access them without having to own them.  This is simply goodwill on a much larger scale.
-[[Category: accounting]]
-[[de:Geschäfts- oder Firmenwert]]
-[[no:Goodwill]]