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Research the FASB Codification on accounting for goodwill. Olympus used Japanese GAAP to compute goodwill....

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Accounting

Research the FASB Codification on accounting for goodwill. Olympus used Japanese

GAAP to compute goodwill. Specifically, the fees paid to advisers and M&A consultants

($660 million) were capitalized as part of the acquisition cost, and would be amortized over

a period of 20 years under Japanese GAAP. Would the accounting treatment be similar or

different under (a) U.S. GAAP, and (b) IFRS?

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