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FASB Exposure Draft of the Proposed Accounting Standards Update – Accounting Simplification for Goodwill Impairment

Wednesday, September 14, 2016

The Financial Reporting Committee (“FRC”) of the Institute of Management Accountants (“IMA”) submitted a letter to provide feedback to the Financial Accounting Standards Board (FASB) for their proposed accounting standards update about simplifying the accounting for goodwill impairment.


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