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Experts advise companies to brace for goodwill impairment scrutiny

Tammy Whitehouse | March 16, 2016

Companies should brace themselves for audit scrutiny around goodwill impairment charges as some experts predict the numbers are sure to rise over the course of 2016.

Calcbench, with their research tool powered by XBRL-gathered financial statement data, says goodwill impairments of $250 million each quarter are trending upward. Yahoo’s massive $4.46 billion impairment charge with a net loss of $4.44 billion in its 2015 year-end report led Calcbench to wonder if other similarly huge impairments might be in the offing.

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