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Accounting for identifiable intangible assets in a business combination for public business entities and not-for-profit entities

The objective of this project is to evaluate whether certain intangible assets should be subsumed into goodwill.


Meeting minutes

FASB Board discussions regarding this project are found in the following meeting minutes:

  • June 20, 2016 — The Board discussed the status of this project.
  • October 28, 2015 — The Board discussed issues for identifiable intangible assets in a business combination.
  • April 7, 2015 — The Board held an educational session to discuss the progress made on this project.
  • November 5, 2014 — The Board discuss the inclusion of certain intangible assets as a part of goodwill.


Current status

At its October 28, 2015, meeting, the FASB directed its staff to conduct additional research on whether the “usefulness of information provided by the recognition of acquired intangible assets” for U.S. investors differs from that for international investors and, if so, why such differences exist.


Project milestones

Date Developments Comments
November 5, 2014 Added to the FASB's agenda.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.