October 6, 2019
In July 2019, the FASB issued an Invitation to Comment (ITC) on how the subsequent accounting for goodwill and certain intangibles could be simplified, while still providing decision-useful information to users. MARKABLES’ view is that a simplification or reduction of accounting for intangible assets would have negative effects on quality and meaningfulness of PPA disclosures. Read our comment letter to FASB here.
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