Accounting for Goodwill: Still Crazy After All These Years
Journal of Accounting, Ethics & Public Policy 20(3): 411-419 (2019)
9 Pages Posted: 4 Nov 2019
Date Written: October 24, 2019
For more than fifty years, goodwill has captured the fascination and frustration of accounting theorists. This analysis examines the changes in treatment of goodwill from the sixties to the present. Its purpose is to gain further insight into one of the most interesting puzzles in accounting theory.
Keywords: goodwill, accounting, intangible, impairment test, assets, FASB, SFAS
JEL Classification: L59, M41, M48
Suggested Citation: Suggested Citation