FASB Turns Up the Heat on Goodwill Impairment Testing
The accounting standard setter's apparent lean toward allowing public companies to amortize goodwill ignores key analytical and economic consequences.
Balance Sheets Filled With Goodwill
But goodwill impairments are on the rise, having climbed 23% in 2017.
GE’s Big Goodwill Impairment Draws Scrutiny
The struggling conglomerate took the biggest impairment charge in almost a decade, causing the SEC to widen its investigation of GE's accounting practices.
How Important Are Intangible Asset Impairments?
Where there are impairments for intangible assets such as goodwill, other liabilities may be lingering on the balance sheet as well.
Goodwill Impairments Double
Ongoing weakness in energy prices and some large writedowns in tech resulted in a notable year for goodwill impairments.
RBS to Take $6B Goodwill Hit
Royal Bank of Scotland writes down the value of Citizens Financial in an admission it overpaid for the U.S. bank and subsequent bolt-on deals.
Private Companies Gain GAAP Exceptions
Final rules on two items in the FASB private-company framework — accounting for goodwill and interest-rate swaps — are due by December 31.
Study Links Share Prices, Goodwill Impairments
When the equity market turned around and share prices started moving higher in 2009, using stock price as a key determinant in assessing goodwill impairment became less common.
Making M&A Safer
Here are four ways companies can mitigate some of the largest risks of acquiring another business.
The Goodwill Two-Step
FASB's new way to bypass numeric goodwill testing might add to the compliance costs of big, complex companies rather than curb them.
Draining the Pool
An end to pooling-of-interest accounting and less time to write off goodwill could slow down mergers-and-acquisitions activity.