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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
FASB proposes easier way to measure goodwill impairment
FASB is proposing a new, simpler way to measure any reduction in the value of goodwill that companies should recognize on the balance sheet. Under the proposal, companies would perform their annual or interim goodwill impairment testing as they do under current guidance. Tammy Whitehouse has more.
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