Accounting for Goodwill

Abstract: A 3 page paper discussing the audit approach for a case in which a company seeks to overstate assets and disguise a loss on discontinued operations. The paper uses FASB Statements No. 141 and 142 to conclude that details need to be disclosed and that the auditor must issue a qualified or adverse opinion if it is not. Bibliography lists 5 sources.

Filename: KSacctGdwl.rtf

Pages: 3

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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