![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2024/02/meeks-e1708607815817.jpg?w=150&h=176&crop=1)
Why Are Acquiring Companies So Reluctant to Amortize Purchased Goodwill?
Controversy has persisted in recent decades over the accounting treatment of the vast sums expended on purchased goodwill – variously described as a “present-value estimate of future rents” from an acquisition or “the difference between what you pay [for an …