Accounting treatment of goodwill


Response to the following questions:

1. What are the similarities and differences of US, Japan and EU countries when compared to each other and to IFRS?

2. How will IFRS improve the accounting treatment of goodwill?

3. Are there any problems with the IFRS approach to accounting for goodwill?

4. What are the main problems in defining and reporting associates and joint ventures?

 

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Accounting Basics: Accounting treatment of goodwill
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