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 ...

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 AICPA’s Financial Reporting Executive Committee (FinREC) has issued a working draft of the AICPA Accounting and Valuation Guide Testing Goodwill for Impairment. The guide, developed by the AICPA ...

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 ...

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

Goodwill impairments are rare under normal economic conditions, but can spike when triggered by an extreme event that significantly affects markets. The sudden and sharp drop in global markets forced ...

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 ...

Discover how amortization and impairment affect intangible assets such as patents and goodwill, and understand their impact on a company's balance sheet.

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 ...