FASB Finalizes New Guidance on Goodwill Impairment Testing
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ArticleNew Step Could Make Testing for Goodwill Impairment Easier
Companies now have some new, simpler guidance to follow to determine whether they need to perform a full-blown test of the goodwill balance in their financial statements, but that doesn’t necessarily mean it will be easy to apply. The Financial Accounting Standards Board finalized guidance on a new step to ...