What are possible arguments for and against the prohibition of recognition of internally generated goodwill?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 03, 2023 08:26 AM

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What are possible arguments for and against the prohibition of recognition of internally generated goodwill?

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Arguments for It would be difficult to objectively determine the value of goodwill in the absence of ...View the full answer

Financial Accounting

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