Goodwill in business combination

A&A

FASB Makes Tweaks to Goodwill, Interest Rate Swap Standards

The Financial Accounting Standards Board (FASB) on January 16 issued updates for two accounting standards – one on goodwill and the other on interest rate swaps – both of which FASB Chairman Russell Golden said address issues that “private company stakeholders have told us are priorities.”
A&A

FASB OKs Standards on Goodwill and Interest Rate Swaps

The FASB endorsed two standards – accounting for interest rate swaps and accounting for goodwill in a business combination for private companies – that were finalized PCC last month.

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