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| 40 | The portion of the difference between the cost of an investment and the amount of underlying equity in net assets of an equity method investee that is recognized as goodwill in accordance with paragraph 19(b) of APB Opinion No. 18, The Equity Method of Accounting for Investments in Common Stock (equity method goodwill) shall not be amortized. However, equity method goodwill shall not be tested for impairment in accordance with this Statement. Equity method investments shall continue to be reviewed for impairment in accordance with paragraph 19(h) of Opinion 18. |
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| 59 | Upon initial application of this statement, the portion of the excess of cost over the underlying equity in net assets of an investee accounted for using the equity method that has been recognized as goodwill shall cease being amortized. However, equity method goodwill shall not be tested for impairment in accordance with this Statement (refer to paragraph 40). |