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Goodwill Impairments

Description

FASB’s standard for the accounting for goodwill, Accounting Standards Codification (ASC) Topic 350 (originally issued as SFAS No. 142), specifies that goodwill and other intangibles must be periodically tested for impairment. This report from FERF and Duff and Phelps looks at recent goodwill impairments from and identifies companies’ processes for identification, recognition and disclosure. Details include: • An empirical analysis of goodwill impairments recognized by U.S. publicly-traded companies in 2008; • A survey of senior financial executives who identified reasons for goodwill impairments and the valuation techniques used; and • Interviews of senior financial executives who described the process used to measure goodwill impairments.

Price: 49.95

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