IASB issues Discussion Paper Business Combinations – Disclosures, Goodwill and Impairment

The IASB has published a Discussion Paper on possible improvements to the information companies report about acquisitions of businesses to help investors assess how successful those acquisitions have been. The Board is also seeking feedback on how companies should account for goodwill arising from such transactions.

The Discussion Paper Business Combinations – Disclosures, Goodwill and Impairment is open for comment until 15 September 2020.