5.1 Overview
This chapter describes the presentation and disclosure requirements for:
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Entities that apply the general goodwill accounting model (Section 5.2).
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Entities with intangible assets (Section 5.3).
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SEC registrants, which are expected to provide certain incremental disclosures (Section 5.4).
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Private companies and NFPs that apply the goodwill accounting alternatives (Section 5.5).
In addition to the requirements discussed below, ASC 805-30-50-1 requires entities to
provide certain disclosures in the period in which goodwill is initially recognized.
See Section 7.3.5 of Deloitte’s Roadmap
Business Combinations for more
information.