Why did many Australian reporting entities oppose the mandatory amortisation of goodwill that was prescribed under Australian

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Why did many Australian reporting entities oppose the mandatory amortisation of goodwill that was prescribed under Australian accounting standards prior to international convergence in 2005?

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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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Why did many Australian reporting entities oppose the mandatory amortisation of goodwill that was prescribed under Australian

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The requirement to amortise goodwill was not popular with some companies because they considered tha...View the full answer

Financial Accounting

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