03 Feb Goodwill Accounting and Wasteful M&A
I read with much interest a recent FT article on how the existing system lacks prudence and encourages wasteful M&A. https://www.ft.com/content/14d90d46-3ed0-11ea-a01a-bae547046735 The gist of the piece was around how the FASB has and is struggling to come to terms with the now $3.5tn that exists on US...