Goodwill impairment documents being examined by two professionals

Goodwill Impairment Valuations

Recent impacts to the economy have escalated the importance of assessing goodwill, among other assets, for potential impairment. Goodwill impairment is triggered when a company’s goodwill carrying value on financial statements exceeds its fair value. In accounting, goodwill is identified and recorded when a company pays more than the net value for its assets versus liabilities.

Our valuation advisors are experts in goodwill and intangible asset impairment testing (ASC 350/ SFAS 142, ASC 360/SFAS 144, IFRS 3 and IAS 36), and they have extensive experience in dealing with the complex valuation issues related to goodwill impairment.

At HW&Co., our advisors can help you understand how accounting changes impact your organization. For more insights on goodwill impairment testing standards, contact us today.