As energy market capitalizations decline, addressing year-end goodwill and long-lived asset impairment testing will be paramount in 2021. Market equity prices and indices continued to decrease for ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Global and domestic financial markets are continuing to experience volatility related to the spread of the coronavirus (COVID-19) pandemic worldwide. As businesses assess the impact of COVID-19 on ...

The Financial Accounting Standards Board has issued an accounting standards update intended to simplify the testing of indefinite-lived intangible assets, such as trademarks, licenses and distribution ...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) (the “Company” or “Bakkt”) announced that it completed its annual impairment testing of goodwill and other intangible assets as ...

The economic downturn caused by the COVID-19 pandemic is hardly the first recession many financial professionals have had to endure. But no downturn from recent decades matched its suddenness. The ...

Many have started to question the goodwill impairment model under FASB ASC 350-20 and whether it paints the most accurate financial picture in light of the COVID-19 pandemic. In September, the Private ...

HELSINKI, Finland, Dec. 20, 2010 (GLOBE NEWSWIRE) -- Stora Enso will record a net reversal of impairment charge of about EUR 238 million following the fixed asset impairment testing undertaken in the ...

The COVID-19 pandemic has forced finance executives to closely examine the potential for impairment of assets on the balance sheet. Impairment is an accounting exercise to assess the value of certain ...

Imagine you purchased a high end smartphone three years ago for $1,000. On your personal “balance sheet,” you might still think of it as a valuable piece of technology. But if you tried to sell it ...