At the May 31 Financial Accounting Standards Board meeting, a team of representatives from Morgan Stanley Dean Witter, Goldman Sachs & Co., Deloitte & Touche, PricewaterhouseCoopers, and Arthur Andersen discussed with the Board a proposed model for accounting for goodwill.

Under that model, goodwill would not be amortized but would be reviewed for impairment.

A copy of the PowerPoint presentation for that meeting can be downloaded through the following link: Accounting for Business Combinations: A Workable Solution

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