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 ...

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 ...

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 ...

Rudimentary analysis of Sun's SEC filings suggests that MySQL is not to blame, but investors won't know for sure unless Sun provides more information Sun preannounced preliminary results of its first ...

Goodwill in business is an intangible asset that's recorded when one company is purchased by another. It's the portion of the purchase price that's higher than the sum of the net fair value of all of ...