Navigating Impairments in the Current Environment   

Course Details

In this course, KPMG professionals discuss current market trends, recent accounting developments and potential pitfalls to consider when assessing goodwill, indefinite-lived intangibles and long-lived assets for impairment. Topics include:

• capital markets update and overview of observed impairment trends reported by U.S. companies
• the impact of inflation and rising discount rates on impairment testing
• frequent questions when performing long-lived asset impairment analyses
• overview of recent FASB developments.

By the end of this course, participants should be able to:

• recall recent goodwill impairment trends and acknowledge the common valuation and accounting challenges in impairment testing.

Note: This course is based on a live webcast that took place on September 27, 2023. It references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Impairment, Goodwill, ASC 360, Accounting

Other Details

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is mobile-compatible.

Pre-requisites: There are no pre-requisites for this course.