Tentative Board decisions are provided for those interested in following the Board’s deliberations. All of the reported decisions are tentative and may be changed at future Board meetings.Wednesday, January 26, 2022 FASB Board Meeting
Identifiable intangible assets and subsequent accounting for goodwill. The Board discussed the level (reporting unit, operating segment) at which the goodwill impairment test should be conducted in the context of a potential impairment-with-amortization model. While no decisions were made, and Board members’ views were mixed, overall the Board provided a leaning to retain goodwill impairment testing at the reporting unit level.