Assessments and tests for goodwill impairment can be left until the end of the reporting period.
Once companies are able to assess impacts to actual and forecasted results, they should consider whether such impacts represent a triggering event.
The accounting standard setter's apparent lean toward allowing public companies to amortize goodwill ignores key analytical and economic consequences.
FASB’s invitation to comment on goodwill accounting lays out possible cases for doing away with or improving impairment testing.
A Florida developer overstated earnings by failing in its impariment testing of real estate assets.
