Valuation specialists, BV appraisers, and other interested parties still have until May 24 to comment on two working drafts by the AICPA’s Financial Reporting Executive Committee (FinREC):Testing Goodwill for Impairment and Assets Acquired to Be Used in Research and Development Activities.
The AICPA is looking for feedback to further inform the development of these guides, which FinREC will issue as final once it has received, considered, and appropriately acted on all the input. The committee will also keep all comments confidential (without posting them on the AICPA website). If you would like to provide comments, please e-mail them to Yelena Mishkevich at firstname.lastname@example.org.
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