Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill

Shana M. Clor-Proell; Nerissa Brown; Stephen R. Stubben; Brian J. White; Elizabeth Blankespoor; Elizabeth A. Gordon; Mahendra R. Gujarathi; Elaine Henry; Kenneth J. Merkley

doi:10.2308/HORIZONS-2020-194

Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill

Shana M. Clor-Proell
, Nerissa Brown
, Stephen R. Stubben
, Brian J. White
, Elizabeth Blankespoor
, Elizabeth A. Gordon
, Mahendra R. Gujarathi
, Elaine Henry
, Kenneth J. Merkley

School of Business

Texas Christian University
University of Illinois at Urbana-Champaign
University of Utah
Cornell University
University of Washington
Temple University
Bentley University
Indiana University Bloomington

Research output: Contribution to journal › Comment/debate

5 Scopus citations

Abstract

In October 2019, the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association submitted a comment letter to the Financial Accounting Standards Board regarding the accounting for certain identifiable intangible assets acquired in a business combination and subsequent accounting for goodwill. This paper summarizes the content of the comment letter and discusses opportunities for future research on intangible assets that may inform accounting standard-setting decisions.

Original language	English
Pages (from-to)	1-19
Number of pages	19
Journal	Accounting Horizons
Volume	36
Issue number	3
DOIs	https://doi.org/10.2308/HORIZONS-2020-194
State	Published - Sep 2022

Keywords

FASB
accounting standards
goodwill
intangible assets

Access to Document

10.2308/HORIZONS-2020-194

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Clor-Proell, S. M., Brown, N., Stubben, S. R., White, B. J., Blankespoor, E., Gordon, E. A., Gujarathi, M. R., Henry, E., & Merkley, K. J. (2022). Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill. Accounting Horizons, 36(3), 1-19. https://doi.org/10.2308/HORIZONS-2020-194

Clor-Proell, Shana M. ; Brown, Nerissa ; Stubben, Stephen R. et al. / Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill. In: Accounting Horizons. 2022 ; Vol. 36, No. 3. pp. 1-19.

@article{4ac8a1660677458988b96539a493bc6b,

title = "Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill",

abstract = "In October 2019, the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association submitted a comment letter to the Financial Accounting Standards Board regarding the accounting for certain identifiable intangible assets acquired in a business combination and subsequent accounting for goodwill. This paper summarizes the content of the comment letter and discusses opportunities for future research on intangible assets that may inform accounting standard-setting decisions.",

keywords = "FASB, accounting standards, goodwill, intangible assets",

author = "Clor-Proell, \{Shana M.\} and Nerissa Brown and Stubben, \{Stephen R.\} and White, \{Brian J.\} and Elizabeth Blankespoor and Gordon, \{Elizabeth A.\} and Gujarathi, \{Mahendra R.\} and Elaine Henry and Merkley, \{Kenneth J.\}",

year = "2022",

month = sep,

doi = "10.2308/HORIZONS-2020-194",

language = "English",

volume = "36",

pages = "1--19",

number = "3",

}

Clor-Proell, SM, Brown, N, Stubben, SR, White, BJ, Blankespoor, E, Gordon, EA, Gujarathi, MR, Henry, E & Merkley, KJ 2022, 'Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill', Accounting Horizons, vol. 36, no. 3, pp. 1-19. https://doi.org/10.2308/HORIZONS-2020-194

Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill. / Clor-Proell, Shana M.; Brown, Nerissa; Stubben, Stephen R. et al.
In: Accounting Horizons, Vol. 36, No. 3, 09.2022, p. 1-19.

Research output: Contribution to journal › Comment/debate

TY - JOUR

T1 - Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill

AU - Clor-Proell, Shana M.

AU - Brown, Nerissa

AU - Stubben, Stephen R.

AU - White, Brian J.

AU - Blankespoor, Elizabeth

AU - Gordon, Elizabeth A.

AU - Gujarathi, Mahendra R.

AU - Henry, Elaine

AU - Merkley, Kenneth J.

PY - 2022/9

Y1 - 2022/9

N2 - In October 2019, the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association submitted a comment letter to the Financial Accounting Standards Board regarding the accounting for certain identifiable intangible assets acquired in a business combination and subsequent accounting for goodwill. This paper summarizes the content of the comment letter and discusses opportunities for future research on intangible assets that may inform accounting standard-setting decisions.

AB - In October 2019, the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association submitted a comment letter to the Financial Accounting Standards Board regarding the accounting for certain identifiable intangible assets acquired in a business combination and subsequent accounting for goodwill. This paper summarizes the content of the comment letter and discusses opportunities for future research on intangible assets that may inform accounting standard-setting decisions.

KW - FASB

KW - accounting standards

KW - goodwill

KW - intangible assets

UR - https://www.scopus.com/pages/publications/85138746776

UR - https://www.scopus.com/pages/publications/85138746776#tab=citedBy

U2 - 10.2308/HORIZONS-2020-194

DO - 10.2308/HORIZONS-2020-194

M3 - Comment/debate

AN - SCOPUS:85138746776

SN - 0888-7993

VL - 36

SP - 1

EP - 19

JO - Accounting Horizons

JF - Accounting Horizons

IS - 3

ER -

Clor-Proell SM, Brown N, Stubben SR, White BJ, Blankespoor E, Gordon EA et al. Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill. Accounting Horizons. 2022 Sep;36(3):1-19. doi: 10.2308/HORIZONS-2020-194

Response by the Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association to the FASB Invitation to Comment on Identifiable Intangible Assets and Subsequent Accounting for Goodwill

Abstract

Keywords

Access to Document

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