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| Getting Personal with Personal Goodwill (2187Q) |
Course CPE: 2 hours
Field(s) of Study: Business Law–1 hr; Finance–1 hr
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.
Advanced Preparation: None
Delivery Method: QAS Self-Study |
Item
Number: 25SFL0911GPP
Shipping Weight: 0lbs. 0oz. |
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$147.00 |
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Recording Date: September 11, 2025
Presenter: Karolina Calhoun and David Harkins
Program Description:
This course will provide an in-depth examination of personal and enterprise goodwill. The presenters will define each type of intangible asset, explain how they differ, and offer practical frameworks to help attendees navigate these nuanced concepts.
Attendees will review recent court cases involving personal and enterprise goodwill in both tax and marital litigation. Key judicial decisions will be reviewed to highlight the factors courts considered as well as those they did not.
Also, the course will cover valuation methodologies used to calculate personal and enterprise goodwill. Attendees will compare the Multi-Attribute Utility Model (MUM) with the "With and Without" method, among others. Special focus will be placed on how non-compete agreements impact the valuation of personal goodwill and the controversial issue of whether the personal goodwill of other owners can be attributed to the litigating party.
The presentation will examine how and where personal goodwill is incorporated into fair market value, such as the use of key person discounts, and the presenters will identify areas where personal goodwill may be double counted.
Real-world case studies will be used throughout the course to illustrate key principles and valuation approaches.
After completing this course, you will be able to:
- Identify the benefits of dividing goodwill between personal goodwill and enterprise goodwill for tax and marital dissolution purposes
- Differentiate goodwill from other intangible assets
- Recognize the factors indicating personal goodwill or enterprise goodwill
- Determine the methods used to calculate personal and enterprise goodwill
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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