The ERICA WG has published a new “ERICA series” document: "Goodwill analysis"

The objective of this study is to analyse goodwill amounts recognised in a sample of European non-financial listed groups through two prisms: (a) to understand the goodwill evolution and (b) to assess the relevance of amounts of goodwill recognised in annual accounts, particularly with regard to the risk of overestimation. The analysis shows that the economic context in which the company is operating is reflected in the general trend in goodwill and that the change in goodwill amounts recorded over the period 2016-2020 does not show any difference from the market's perception of the economic environment.