Is accounting for goodwill controversial? Why does some believe that goodwill's value eventually disappears? Explain why do some argue that companies should charge goodwill to expense over the periods affected, to better match expense with revenues?

Explain why do others note that the accounting treatment for purchased goodwill and goodwill created internally should be consistent? Explain why do they point out that companies immediately expense goodwill created internally and should follow the treatment for purchased goodwill?

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Yes accounting for goodwill can be controversial for a few reasons 1 Some believe goodwills value ev... View the full answer