Goodwill and Impairment - IASB
On March 21, 2017, the IASB met to discuss the status of its Goodwill and Impairment research project. No decisions were made. The staff will present proposals to the Board on: (i) simplifying the impairment testing model in IAS 36 Impairment of assets; (ii) improving the effectiveness of the impairment testing model, which will also focus on additional disclosures; and (iii) identifying intangible assets in a business combination.
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