Global Mergers and Acquisitions"Please respond to the following:

• From the e-Activity, contrast the impairment of goodwill on the financial statements of the entity reporting under international financial reporting standards (IFRS) that you researched with the impairment of goodwill on the financial statements of the same entity reporting under generally accepted accounting principles (GAAP). Indicate how stakeholders in the company are likely to react to the impairment. Provide support for your rationale.
• Examinetherelationshipbetweenacquisitioncostsoftheentitythatyouresearchedandthegoodwillimpairmentchargesrelatedtotheacquiredentity.Indicatethemostlikelyimpacttothebusiness.

Week 3 eActivity

• Use the Internet to research recent (within the last three years) mergers and acquisitions of global entities involving goodwill. Review the financial statements of an entity after the acquisition involving goodwill impairment. Be prepared to discuss.