IASB issues “In Brief” which discusses merger and acquisition disclosures and goodwill accounting

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Jan 31, 2023

On Jan­u­ary 31, 2023, the IASB has issued an article ‘In Brief’ which discusses two decisions related to the Business Combinations — Disclosures, Goodwill and Impairment project.

Specifically, IASB member Rika Suzuki takes a look into (i) how companies could disclose better information about business combinations and (ii) whether to retain the impairment-only model to account for goodwill or to explore reintroducing amortization of goodwill.

For more information, see the press release and ‘In Brief’ article on the IFRS Foundation’s website.

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