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This research examines the market reaction following announcements from the Financial Accounting Standards Board (FASB) that it intended to eradicate the requirement to amortize bought goodwill (SFAS 142). SFAS 142 altered the lengthy-standing therapy for bought goodwill, ratable amortization, and changed it with impairment testing. The Financial Accounting Standards Board (FASB) issued Statement of Financial […]
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