Learn about impairment loss, its impact on assets, and how it is calculated when market value falls below book value in financial statements.

Discover how impairment charges reduce asset value and affect goodwill, impacting earnings per share (EPS). Learn the causes ...

The Financial Accounting Standards Board has issued an accounting standards update intended to simplify the testing of indefinite-lived intangible assets, such as trademarks, licenses and distribution ...

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 ...

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 ...

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 ...

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

NEW YORK, Dec. 8, 2021 /PRNewswire/ -- CFA Institute, the global association of investment professionals, calls for a global approach to goodwill accounting, as diverging accounting standards could ...

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 ...

Oslo, 27 January 2026: (OSE ticker: VOW) Following a reassessment of assumptions applied in the impairment test for the Industrial Solutions segment and reflecting a more cautious outlook on the ...

Bonds held by life insurers to match long-term policies would be treated as held to maturity if certain conditions are met, and would not be subject to impairment accounting.