Minimizing goodwill impairment differences globally: No fast or simple solution

Particular challenges can arise in goodwill impairment valuation and accounting when a company acquires a business located in another country.   When goodwill accounting standards are strictly applied, under U.S. GAAP or IFRS, the differences between write-offs taken in one country versus another should be minimal.

This article delves into some of the notable differences in goodwill impairment conclusions worldwide.   Greg Forsythe, CFA, ASA, director at Deloitte Financial Advisory Services LLP discusses methods to minimize these differences.  To learn more about the minimizing goodwill impairment differences globally, click here.

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