Deloitte
Accounting Research Tool
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Chapter 1 — Overview and Scope

1.3 Scope (After Adoption of ASU 2017-04)

1.3 Scope (After Adoption of ASU 2017-04)

ASC 350-20
Overall Guidance
15-1 This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 350-10-15, with specific transaction qualifications noted below.
Transactions
15-2 The guidance in this Subtopic applies to the following transactions and activities:
  1. Goodwill that an entity recognizes in accordance with Subtopic 805-30 or Subtopic 958-805 after it has been initially recognized and measured
  2. The costs of internally developing goodwill and other unidentifiable intangible assets with indeterminate lives
  3. Subparagraph not used.
  4. Amounts recognized as goodwill in applying the equity method of accounting and to the excess reorganization value recognized by entities that adopt fresh-start reporting in accordance with Topic 852.
  5. Subparagraph not used.
Pending Content (Transition Guidance: ASC 805-60-65-1)
15-2 The guidance in this Subtopic applies to the following transactions and activities:
  1. Goodwill that an entity recognizes in accordance with Subtopic 805-30, Subtopic 805-60, or Subtopic 958-805 after it has been initially recognized and measured
  2. The costs of internally developing goodwill and other unidentifiable intangible assets with indeterminate lives
  3. Subparagraph not used.
  4. Amounts recognized as goodwill in applying the equity method of accounting and to the excess reorganization value recognized by entities that adopt fresh-start reporting in accordance with Topic 852.
  5. Subparagraph not used.
15-2A Paragraph superseded by Accounting Standards Update No. 2010-07.
15-3 Although goodwill is an intangible asset, the term intangible asset is used in this Subtopic to refer to an intangible asset other than goodwill.