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Discuss accounting treatment of goodwill in subsequent years

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Reference no: EM132647502

Goodwill on the Balance Sheet may reveal managers' private information of a firm's future cash flows. However, research argues that subsequent treatment of goodwill may provide opportunities for earnings management.

Problem 1: Discuss whether the accounting treatment of goodwill in subsequent years could be a concern for financial reporting.

Reference no: EM132647502

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