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