Problem
1. Why does the elimination of pooling (SFAS No. 141) and the indefinite life of goodwill subject to impairment (SFAS No. 142) represent a possible "quid pro quo?
2. Why does the elimination of pooling improve representational faithfulness and comparability?
3. What are the main issues surrounding the special purpose entity?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.