Impact of the New Goodwill Accounting Standards and FASB 74

Uploaded by :

A 10 page paper assessing the effect of changes in accounting requirements. Staff Accounting Bulletin No. 74 (SAB 74) was issued in 2001 and at the time was expected to create a need for significant changes in the accounting practices of companies affected by it. The purpose here is to examine SAB 74 in conjunction with FASB statements 141 and 142. Bibliography lists 6 sources in 26 footnotes.