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 ...
Dec 1 (Reuters) - Australia's Treasury Wine Estates said on Monday it expects to recognise a non-cash impairment of its ...
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 ...
As energy market capitalizations decline, addressing year-end goodwill and long-lived asset impairment testing will be paramount in 2021. Market equity prices and indices continued to decrease for ...
Many companies are not making use of an optional, qualitative goodwill impairment test FASB recently introduced to enable less burdensome financial reporting, a new survey report shows. Just 29% of ...
EQS-Ad-hoc: ADTRAN Holdings, Inc. / Key word(s): Miscellaneous Non-cash goodwill impairment for the first quarter 2024 in an estimated amount of $293 million; no impact on non-GAAP results and cash ...
Dec 1 (Reuters) - Australia's Treasury Wine Estates said on Monday it expects to recognise a non-cash impairment of its ...
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 ...
Axiata Group Bhd has posted a net loss of RM27.4mil for the third quarter ended Sept 30, 2025 (3Q25), from a net profit of ...
Goodwill impairments are rare under normal economic conditions, but can spike when triggered by an extreme event that significantly affects markets. The sudden and sharp drop in global markets forced ...
Flutter Entertainment has recorded a $556 million impairment on subsidiary Junglee Games after the company ceased real-money ...
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