Essays Tagged: "Impaired asset"

Goodwill Impairment

acquired company instead of historical information, and goodwill will be written down only if it is impaired. In fact, Goodwill impairment test gives more transparency in reporting since it is based o ... also include goodwill. If the fair value is greater than its carrying amount, then goodwill is not impaired and the company doesn't have to do step 2. Impairment occurs when the fair value of a repor ...

(6 pages) 60 0 0.0 Oct/2008

Subjects: Businesss Research Papers > Accounting

Client Understanding Paper

carrying value. If the fair value exceeds the carrying value, the goodwill is not considered to be impaired. However, if the carrying value exceeds the fair value, then the implied fair value of the ...

(5 pages) 1 0 0.0 Aug/2014

Subjects: Businesss Research Papers > Accounting