Question: 3. Research the FALSE Codication on accounting for goodwill. Dlympus used Japanese GAAP to compute goodwill. Specically, the fees paid to advisers and MM consultants

3. Research the FALSE Codication on accounting for goodwill. Dlympus used Japanese GAAP to compute goodwill. Specically, the fees paid to advisers and MM consultants [$660 million) were capitalized as part of the aequisition oost, and would be amortized over a period of 20' years under Japanese GAAP. Would the accounting treatment be similar or different under (a) US. GAAP, and (b) IFRS

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