Many have started to question the goodwill impairment model under FASB ASC 350-20 and whether it paints the most accurate financial picture in light of the COVID-19 pandemic. In September, the Private ...

Many companies are not making use of an optional, qualitative goodwill impairment test FASB recently introduced to enable less burdensome financial reporting, a new survey report shows. Just 29% of ...

The American Institute of CPAs’ Financial Reporting Executive Committee and the AICPA’s Impairment Task Force plan to release the final version of a new AICPA Accounting and Valuation Guide, "Testing ...

How does an impairment affect a company's earnings? Here's a case in how a $6.2 billion goodwill impairment ended Microsoft's 26-year streak of quarterly profitability. Accounting impairments are very ...

Rudimentary analysis of Sun's SEC filings suggests that MySQL is not to blame, but investors won't know for sure unless Sun provides more information Sun preannounced preliminary results of its first ...

Rudimentary analysis of Sun's SEC filings suggests that MySQL is not to blame, but investors won't know for sure unless Sun provides more information Sun preannounced preliminary results of its first ...

Intangible assets, such as copyrights, patents, trademarks and goodwill, don't have physical substance but still contribute value to a company. Accountants record intangible assets according to their ...

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