In 2009 Duff & Phelps and the Financial Executives Research Foundation (FERF) first published the results of their comprehensive Goodwill Impairment Study. The 2009 Study examined U.S. publicly-traded companies’ recognition of goodwill impairment at the height of the financial crisis (the end of 2008 and the beginning of 2009), and featured a comparative analysis of the goodwill impairments for over 5,000 companies (by industry), as well as the findings of a survey of FEI members.
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If you’re interested in keeping up on regulatory news in a day-to-day fashion, Financial Executives International (FEI) publishes a great news page on its own site and offers content for the FEI Financial Reporting Blog at AccountingWeb. Both sites offer multiple monthly highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including reporting under Sarbanes-Oxley Sect 404. The FEI Financial Reporting Blog is written by Edith Orenstein, Director of Technical Policy Analysis at FEI. Here are some headlines from happenings the past few weeks, with links to fuller articles: FASB Defines Nonpublic Entity (Private Company) During its past two board meetings, the FASB has reached tentative…
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Hey There, Bob Posen! Steven Zelin, aka “The Singing CPA,” and Edith Orenstein, Accounting WEB blogger for Financial Executives International (FEI), have teamed up to create a music video celebrating the third anniversary of the Security and Exchange Commission’s (SEC)Advisory Committee on Improvements to Financial Reporting chaired by Robert C. (Bob) Pozen, senior financial lecturer at Harvard University. AccountingWeb reports: Complexity in financial reporting continues to vex members of the accounting profession as we address issues including convergence from Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS), implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act,…