For some businesses, the possibility for goodwill impairment is an issue. Lucas M. Parris, senior member of Mercer Capital’s Financial Reporting Valuation Group, explains the FASB proposed changes and what the Board has been discussing for a couple years now.
To read more about the results of this report in the Mercer Capital’s Financial Reporting Blog, click: New Rules for Goodwill Impairment?.
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.
