Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Goodwill is an intangible asset that arises when one company acquires another and pays more than the fair value of its net identifiable assets. Goodwill is an intangible asset created when a company ...

The accounting standards update does away with the second step in the current two-step goodwill impairment test, under which a goodwill impairment loss is measured by comparing the implied fair value ...

In the Step 2 test, an entity performs a hypothetical purchase price allocation to determine the amount of an impairment. With the elimination of Step 2, entities will now record impairment based ...

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 accounting arises when an acquiring entity purchases another business and records an intangible asset representing the excess of purchase price over the fair value of identifiable ...

Asset impairment represents a drop in current and future income for long-lived assets held by a business. When impairment occurs, business accounts report the diminished current and expected cash ...

If you run a business that uses depreciable fixed assets and you prepare financial statements in accordance with generally accepted accounting principles, impairment of an asset can impact your ...

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

The economic downturn caused by the COVID-19 pandemic is hardly the first recession many financial professionals have had to endure. But no downturn from recent decades matched its suddenness. The ...

For the current FY2027, Salt Investments does not expect significant non-cash impairment-related accounting adjustments ...