How does a change in goodwill on the balance sheet flow through the statements when modeling?
Hello, so I am currently modeling the financial statements for a technology company for a school club, and the goodwill from 2021 q1 to q2 drops from 1,627 to 90. I am modeling the cash flow statement for the year (2020 to 2021). End of 2020 it was also 1,627 and want to inquire how I would account for this change in goodwill in the model. I know it is a non cash item. Does it flow as an expense because of loss of goodwill in the retaining earnings for the year? How should I go about it?
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