United States

Defining Issues: FASB Endorses PCC Proposals, Will Consider Goodwill for Public Companies

Nov 26, 2013
From the Financial Reporting View

This edition of Defining Issues reports that the FASB recently decided to consider changing the accounting for goodwill by public companies. The FASB also voted to endorse two recent recommendations from the Private Company Council (PCC) on accounting for goodwill and allowing a simplified hedge accounting approach.

Read Defining Issues: FASB Endorses PCC Proposals, Will Consider Goodwill for Public Companies