Objective
- Identify the recognition requirements related to goodwill
- Recognize overall characteristics of goodwill impairment testing
- Differentiate between the qualitative and quantitative test of goodwill impairment
- Identify key characteristics of the accounting alternative for goodwill
- List the key disclosure requirements for goodwill and goodwill impairment losses
Highlights
- Initial recognition of goodwill
- Subsequent measurement requirements including the accounting alternative allowed for certain eligible entities
- Disclosure requirements for goodwill
Designed For
Accounting professionalsPrerequisite
NoneAdvanced Preparation
None