Many have started to question the goodwill impairment model under FASB ASC 350-20 and whether it paints the most accurate financial picture in light of the COVID-19 pandemic. In September, the Private ...
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 ...
Jeff Bartel, Chairman & Managing Director of Hamptons Group, LLC, an alternative investment & strategic advisory firm headquartered in Miami. To continue ...
The Financial Accounting Standards Board has a project to review accounting for goodwill subsequent to its acquisition — again. The issue is whether to continue goodwill impairment testing as required ...
Discover how amortization and impairment affect intangible assets such as patents and goodwill, and understand their impact ...
In addition to the serious public health threat it poses, the COVID-19 pandemic has affected the current and future financial performance of many entities, with its impact showing on both projections ...
ARs often need writing off due to client defaults or economic downturns, impacting a firm's financial health. Goodwill impairment occurs when acquired assets fail to deliver expected value, leading to ...
Darden Restaurants Inc. set itself apart in late 2008 by not doing something many of its competitors were forced to do—namely, taking goodwill impairment charges. The casual-dining company, based in ...
Sensata Technologies Holding recently reported its third quarter 2025 earnings, posting sales of US$931.98 million and a net loss of US$162.52 million, largely impacted by a US$225.7 million goodwill ...