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The determination of how much goodwill exists at the time of a business combination and the subsequent accounting for goodwill after the date of acquisition
The determination of how much goodwill exists at the time of a business combination and the subsequent accounting for goodwill after the date of acquisition is a controversial subject. Although current US GAAP rules require goodwill to be tested regularly for impairment, there have been recent calls to return to an amortization model. What are the are the arguments for retaining the current impairment model? Edit View Insert Format Tools Table 12pt Paragraph : O words
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