Goodwill impairment recorded by U.S. public companies more than doubled in 2020, but the total still fell short of the figure observed at the onset of the 2008 financial crisis, according to the latest annual report from Kroll.

The “2021 U.S. Goodwill Impairment Study” identified $142.5 billion in goodwill impairment recorded in 2020, a significant rise from $71 billion in 2019. The number of goodwill impairment events jumped 45 percent, from 318 in 2019 to 462 in 2020.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...