|
|
|
|
FVG's E-Newsletter on tax cases concerning business valuations and related issues
|
|
- Royalty Rates
- Thousands of Transactions
- Sorted By SIC
and NAICS Codes
|
|
Managing Directors
Terry J. Allen
Midwest
Stephen J. Bravo
Boston, MA
Michael
A. Crain
Ft. Lauderdale, FL
John R. Gilbert
Great Falls, MT
James
R. Hitchner
Atlanta, GA
Steven D. Hyden
Tampa, FL
Robert Lanz
Silicon Valley, CA
Michael J. Mard
Tampa, FL
Michael J. Mattson
Chicago, IL
John J. Mayerhofer
Oakland, CA
Ralph
Ostermueller
St. Louis, MO
Charles H. Preston
Los Angeles, CA
James S. Rigby
Los Angeles, CA
|
|
- Real Transaction Analysis
- Industry Overviews
- Transaction Economics
|
|
Subscribe to one of FVG's E-Newsletters:
|
- Tax Valuation E-Flash
- Intellectual Property Transaction Update
- Building Value
- Software Industry
|
|
Founding Member
Financial
Consulting
Group, L.C.
|
|
|
|
Events
Triggering – Test for Goodwill Impairment
Although goodwill must be
tested annually for impairment, the following events (if
likely to reduce the fair value a reporting unit below
its carrying unit) will trigger a test for impairment.
- A
significant adverse change in legal factors or in
the business climate
- An
adverse action or assessment by a regulator
- Unanticipated
competition
- A
loss of key personnel
- A
more-likely-than-not expectation than a reporting
unit or a significant portion of a reporting unit
will be sold or otherwise disposed of.
- The
testing for recoverability under Statement 121 of a
significant asset group within a reporting unit.
- Recognition
of a goodwill impairment loss in the financial
statements of a subsidiary that is a component of a
reporting unit.
In addition, goodwill
must be tested for impairment after a portion of
goodwill has been allocated to a business to be disposed
of.
Different reporting units
maybe tested for goodwill impairment at different times.
See Paragraph 28 of SFAS
142.
Return to Home Page
|
