FASB Proposes Accounting Alternative to Goodwill Triggering Event Assessment for Certain Private Companies, Organizations
December 22, 2020
December 22, 2020
NORWALK, Connecticut, Dec. 22 -- The Financial Accounting Standards Board issued the following news release on Dec. 21:
The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to provide an accounting alternative that would reduce the complexity for certain private companies and not-for-profit organizations when performing the goodwill triggering event evaluation. Stakeholders are encouraged to review and provide comment on . . .
The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to provide an accounting alternative that would reduce the complexity for certain private companies and not-for-profit organizations when performing the goodwill triggering event evaluation. Stakeholders are encouraged to review and provide comment on . . .