Accounting for goodwill in an age of mergers
โ Scribed by Brian L. Heckler
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 964 KB
- Volume
- 8
- Category
- Article
- ISSN
- 1044-8136
No coin nor oath required. For personal study only.
โฆ Synopsis
This is a period of intense merger activity and renewed interest in accounting for business combinations. Although many companies m a y prefer to use the pooling-of-interest method, few transactions can qualifjr. It's time to take another look at an alternative: recognizing goodwill under the purchase method.
๐ SIMILAR VOLUMES
This article presents the five stages involved in the construction of a knowledge-based system using VP-EXPERT, with emphasis on the final step, knowledge validation. The knowledgebased system, called PURPOOL, enables the user to determine the proper accounting treatment for a business combination.