Why does the elimination of poolings (SFAS No. 141) and the indefinite life of goodwill subject to
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Why does the elimination of poolings (SFAS No. 141) and the indefinite life of goodwill subject to impairment (SFAS No. 142) represent a possible “quid pro quo?”
GoodwillGoodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...
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Related Book For 
Accounting Theory Conceptual Issues in a Political and Economic Environment
ISBN: 978-1483375021
9th edition
Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
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