Date: Thursday, July 23, 2009 Time: 10:00am-11:40am PT / 1:00pm-2:40pm ET Earn 2 CPE credits Add this event to your Outlook Calendar

Register for Teleconference - $249.00

Register for Teleconference and On Demand Conference Pack - $339.00

Featuring (click image for more information):

H. Edward Morris, Jr. ASA, CBA, BVAL, CPA/ABV, CFF Clifton Gunderson LLP	R. James Alerding CPA/ABV, ASA, CVA Clifton Gunderson LLP	R. Brian Steen CFA, ASA, CIRA Dixon Hughes PLLC

Unlimited listeners can earn CPE credit at no additional charge (Click for More Information)

CPE credit is available for an unlimited number of listeners to any registered line.

To add listeners for CPE credit, contact customer service (cs@bvresources.com or (503) 291-7963) with main registrant's name, the names of the persons to receive credit, and their email addresses.

Conference On Demand Packs (Click for More Information on Teleconference Transcripts & Recordings)

BVR's On Demand Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.

Each On Demand Packs includes:

• Recordings and transcripts of the presentation
• All presentation visual aides and handouts
• All ancillary reading materials suggested by our presenters
  

Why You Should Attend

Hear Ed Morris
describe the program:
(Click to Play - Runtime: 3'28")

The summary for SFAS 142 notes that "intangible assets are an increasingly important economic resources for many entities" - an importance that has only grown since the statement's authorship in June, 2001. As the global economy continues its turbulence, the valuation of goodwill and other intangible assets has become increasingly important, placing more of a burden on appraisers to understand both SFAS 142 and 144 - the statement on accounting for the impairment or disposal of long-lived assets.

In "Goodwill Impairment in a Troubled Economy," valuation experts Ed Morris, Jim Alerding, and Brian Steen will cover the hands-on, must-know issues relating to recognizing, testing, and accounting for goodwill impairment. For all valuation practitioners, this presentation is an imperative preparation for the coming wave of impairment-related valuation issues. Indeed, Ed Morris notes "we've seen some increase in goodwill impairment for the 2008 financial statements, but we think that's going to continue - and if nothing else accelerate - in 2009, and get into some of the trickier issues where it's not as black and white as it has been."

Agenda

• Introduction and overview summary
  • Current economic climate and how it sets the stage for SFAS 142 and 144
  • Common reasons for 142
  • Unusual and current situations related to 142
    • Management projections
    • Stock price fluctuations below book value
    • Reporting units and their relationship to management or a parent company
• When to retest for goodwill between testing dates
• Testing for impairment of long-lived assets under 144
  • Legal factors
  • Regulatory factors
  • Factors relating to the business environment
  • Personnel factors
• Testing for recoverability
• Recognition of goodwill impairment loss in financial statements

Learning Objectives

• Develop a clear understanding of the appraiser's responsibilities under SFAS 142 and 144
• Recognize impairment in all its forms - from the clear-cut, black-and-white to gray areas requiring more analysis and experience
• Understand the impact of impairment and how to properly account for its presence