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Goodwill Accounting Alternative An accounting alternative is available within the Goodwill topic of...

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Accounting

Goodwill Accounting Alternative
An accounting alternative is available within the Goodwill topic of the Codi-
fication (ASC 350-20), specifically as it relates to the subsequent measurement of goodwill. Locate this alternative,
and explain: 1) What measurement approach does the accounting alternative permit?; 2) What types of companies are
eligible to apply this accounting alternative, and where did you locate this information?; 3) How does the accounting
alternative differ from the measurement requirements for companies that do not (or cannot) elect this treatment?;
4) What was the effective date for this guidance, and where did you locate this information?

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