The International Accounting Standards Board (IASB) has extended the comment period on its discussion paper, Business Combinations—Disclosures, Goodwill and Impairment,
to December 31. The paper discusses possible improvements to the information companies report about acquisitions of businesses to help investors assess how successful those acquisitions have been. The board is also seeking feedback on how companies should account for goodwill arising from such transactions.
Please let us know
if you have any comments about this article or enhancements you would like to see.