Goodwill impairment testing has been a challenging area for many financial statement preparers since the issuance in 2001 of FASB Accounting Standards Codification (ASC) Subtopic 350-20 (formerly FASB ...

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 ...

Jeff Bartel, Chairman & Managing Director of Hamptons Group, LLC, an alternative investment & strategic advisory firm headquartered in Miami. To continue ...

When a company purchases another, it often pays more than the net fair value of the target's assets and liabilities. This excess is recorded as goodwill, an intangible asset reflecting brand strength, ...

The CFA Institute released the results Tuesday of a global survey of investment professionals on accounting for goodwill, related disclosures, and how those issues are affecting analysis and ...

Global and domestic financial markets are continuing to experience volatility related to the spread of the coronavirus (COVID-19) pandemic worldwide. As businesses assess the impact of COVID-19 on ...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) (the “Company” or “Bakkt”) announced that it completed its annual impairment testing of goodwill and other intangible assets as ...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Array Technologies (NasdaqGM:ARRY) recorded a significant goodwill impairment ...

Restated financials for new segments for 2015 - 2017 is now published as reporting structure is changed as of Q4 2017 Following the restated financials, goodwill re-allocation and impairment testing ...

Last week, the SEC announced settled charges against United Parcel Service Inc. for failing to take an appropriate goodwill impairment charge for a poorly performing business unit, thus materially ...

VANCOUVER, BC, Jan. 8, 2026 /CNW/ - West Fraser Timber Co. Ltd. (WFG) announced today that it will record an impairment of its Lumber segment goodwill in the fourth quarter of 2025 due to persistently ...