1. Should control be the deciding factor for the treatment of investments? 2. Do you agree or disagree with your co-workers' views on the changes to goodwill reporting? Highlight points of commonality and engage thoughtfully with their responses. Co-worker views: The FASB changes to goodwill accounting have not necessarily helped improve reporting because it has not provided clear guidance that is agreeable among accounting professionals. The stakeholders were not convinced the FASB's changes to the accounting of goodwill would improve current rules. The accounting profession as a whole does not hold clear views on the accounting for goodwill, and the appropriate accounting treatment of acquired goodwill has been a debated topic since the 1940s in terms of whether to immediately write it off, capitalize and amortize it, or capitalize and test it for impairment My Views: FASB now offers a private company alternative that allows amortization of goodwill over ten years while streamlining impairment tests to reduce reporting complexity and expenses. The updates are designed to improve transparency while giving stakeholders a more truthful representation of a company's financial standing. The new accounting changes receive broad positive feedback, although stakeholders differ on whether these updates satisfy all their needs