The accounting standards update does away with the second step in the current two-step goodwill impairment test, under which a goodwill impairment loss is measured by comparing the implied fair value ...

Assessing goodwill for impairment became more challenging during the COVID-19 pandemic because of significant changes in business operations and overall economic uncertainty. Considering goodwill ...

Norwalk, Conn. -- The Governmental Accounting Standards Board has issued an exposure draft of a proposed standard on accounting and reporting for impairment of capital assets. If adopted, the standard ...

Goodwill impairment testing has been a challenging area for many financial statement preparers since the issuance in 2001 of FASB Accounting Standards Codification (ASC) Subtopic 350-20 (formerly FASB ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued Accounting Standards Update No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing ...

Jeff Bartel, Chairman & Managing Director of Hamptons Group, LLC, an alternative investment & strategic advisory firm headquartered in Miami. To continue ...

Triggering review: A file photo of a Reebok showroom in New Delhi. Ministry officials say the move was prompted by the recent case involving Reebok India, a subsidiary of global sportswear maker Adida ...

The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from ...

We read with interest Jonathan Ford’s Inside Business column “FASB deserves praise for reopening question of goodwill accounting” (January 27), which confirms the misinformation regarding goodwill and ...

Following the adoption of the new accounting principles as of January 2018, SEB discloses the financial consequences of IFRS 9, IFRS 15 as well as the transformation of the German business and other ...