Question: Goodwill. SKD capitalizes goodwill and amortizes it over a 2 0 - year period. Goodwill is also treated as an asset in Country A and

Goodwill. SKD capitalizes goodwill and amortizes it over a 20-year period. Goodwill is also treated as an asset in Country A and Country B. However, goodwill is not amortized in Country A, but instead is subjected to an annual impairment test. Goodwill is amortized over a 5-year period in Country B.
Discuss the goodwill adjustments.

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