Goodwill and Impairment – International Accounting Standards Board

Date recorded:

At its meeting on March 23-24, 2021, the IASB met to discuss feedback on its Discussion Paper, Business Combinations—Disclosures, Goodwill and Impairment. The Discussion Paper set out the Board’s preliminary views on whether entities can, at a reasonable cost, provide better information about business combinations to users of financial statements. The Discussion Paper included the Board’s preliminary views on disclosure of information and on accounting for goodwill. The Board was not asked to make any decisions. The Board will continue discussing feedback on the Discussion Paper at its next meeting.

Review the IASB Update and podcast on the Board's Web site.

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