BVWire will attend November 15 FASB roundtable on goodwill amortization vs. impairment

BVWireIssue #206-2
November 13, 2019

intangibles
goodwill, goodwill impairment, impairment testing, intangible

The FASB will conduct a public roundtable discussion on November 15 in Norwalk, Conn., on its Invitation to Comment (ITC) on moving from the current impairment model for goodwill to amortization. BVWire will attend the roundtable in person and will report on the proceedings in a subsequent issue. The meeting will be audio webcast and archived on the FASB website for 90 days. For details on how to attend in person, click here. You must register in advance, and seating is available on a first-come, first-served basis. The FASB received almost 100 comment letters on the ITC with members of the valuation profession having serious concerns over going back to a model that treats goodwill as a wasting asset.

Please let us know if you have any comments about this article or enhancements you would like to see.