Responding to a FASB consultation that considers moving goodwill from impairment to amortization, we explain that such a change would write-off $5.6 trillion in assets and 30% of the equity of US public companies.
Responding to a FASB consultation that considers moving goodwill from impairment to amortization, we explain that such a change would write-off $5.6 trillion in assets and 30% of the equity of US public companies.