EFRAG summary report on the EFRAG-IASB joint webinar: Improving information regarding business combinations and subsequent accounting for goodwill – which way to go? - 16 october 2020

​EFRAG has issued a summary report of the joint webinar on the IASB's DP: Business Combinations – Disclosures, Goodwill and Impairment on 16 October 2020. European stakeholders expressed their views on the IASB proposals including the potential implementation and application concerns.

​The purpose of the joint webinar organised by EFRAG and the IASB was to gather the views from European constituents on the IASB proposals regarding business combinations, disclosures, goodwill and impairment.

The online event was held on 16 October 2020 and covered the following topics:

  • Improving disclosure about Business Combinations
  • Improvements to the goodwill impairment test
  • Should the reintroduction of amortisation of goodwill be considered?
During the discussion, participants from a range of backgrounds such as enforcement, auditing, academia, valuation and preparation of accounts, shared their views and concerns around the proposals contained in the IASB’s DP.

This summary report has been prepared for the convenience of European constituents to summarise the input from the webinar as part of EFRAG's due process on the IASB proposals.

Access the event recordings

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