All Impairment articles – Page 2

  • Blog post

    FASB Sets Dates for Financial Instruments Standards


    In addition to finalizing and setting a 2019 effective date for a new standard on leasing accounting, FASB has wrapped up its long-running work on changes to the way companies will classify and measure financial instruments and has directed its staff to prepare the final language of the Accounting Standards ...

  • Blog post

    FASB Plans to Drop Step 2 of Goodwill Impairment Test


    Image: FASB plans to drop the second step in the current two-part test to determine goodwill impairment, a nod to public companies eager for a simpler approach to deciding writedowns. Greg Franceschi, managing director at valuation firm Duff & Phelps, says, “By removing the second step of the test when ...

  • Blog post

    Goodwill Impairment Drops to Five-Year Low


    Public companies reported the lowest levels of goodwill impairment last year since the financial crisis touched off a downward spiral in corporate values beginning in 2008. According to Duff & Phelps’ annual study, public companies recorded writedowns totaling $21 billion in 2013, down nearly 60 percent from the $51 billion ...