XML 40 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 2: Organization and Summary of Significant Accounting Policies: Goodwill Policy (Policies)
6 Months Ended
Dec. 31, 2018
Policies  
Goodwill Policy

Goodwill. The Company’s goodwill is evaluated annually for impairment or more frequently if impairment indicators are present.  A qualitative assessment is performed to determine whether the existence of events or circumstances leads to a determination that it is more likely than not the fair value is less than the carrying amount, including goodwill.  If, based on the evaluation, it is determined to be more likely than not that the fair value is less than the carrying value, then goodwill is tested further for impairment.  If the implied fair value of goodwill is lower than its carrying amount, a goodwill impairment is indicated and goodwill is written down to its implied fair value.  Subsequent increases in goodwill value are not recognized in the financial statements.