Goodwill and Impairment – International Accounting Standards Board
At its meeting on May 24-27, 2021, the IASB met to discuss feedback on its Discussion Paper relating to:
- the effectiveness of the impairment test of cash-generating units containing goodwill;
- subsequent accounting for goodwill;
- simplifications to the impairment test of cash-generating units containing goodwill; and
- other topics in the Discussion Paper.
The Board also discussed a review of academic literature on the topics in the Discussion Paper. The Board will begin redeliberating the preliminary views in the Discussion Paper at a future meeting.
Review the IASB Update and podcast on the Board's Web site.