FASB OKs goodwill triggering standard update for private firms
The Financial Accounting Standards Board has decided to give private companies and not for profits the option to assess at a later point a situation that might trigger a goodwill impairment.
Global BV News: European goodwill impairment up 18% in 2019
Total goodwill impairment recorded by European-listed companies in the STOXX® Europe 600 increased for a second consecutive year, rising 18%, to €36.4 billion (bn) in 2019, as fears of a slowdown in global growth persisted, according to the “2020 European Goodwill Impairment Study,” from Duff & Phelps.
Global BVU News and Trends September 2020
Business valuation news from a global perspective.
The SEC’s Not-So-Gentle Reminder: Show Your Work
A recent SEC comment letter to a company about its determination that no impairment of goodwill and intangible assets was needed, the agency sounded much like every math teacher we’ve all very likely encountered: Show your work!
BVU News and Trends August 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends August 2020
Business valuation news from a global perspective.
Global BV News: D&P surveys impairments in the Asia-Pacific region
Close to a third of the companies surveyed in the Asia-Pacific (APAC) region anticipate taking a goodwill impairment, according to a survey report from Duff & Phelps.
BVU News and Trends July 2020
A monthly roundup of key developments of interest to business valuation experts.
Latest SEC comment letter trends in PwC analysis
Valuable information can be gleaned about fair value measurement issues from comment letters the SEC sends after it reviews public companies’ financial statements and disclosures.
Third IVSC goodwill paper looks to step up ‘headroom’ alternatives to amortisation
The IVSC have published ‘Opportunities for Enhancing the Goodwill Impairment Framework,’ the third and final paper in its series looking at the IASB proposal to revert to goodwill amortisation.
Global BV News: IVSC issues third and final paper on goodwill amortization vs. impairment
A new paper offers some suggestions for enhancing the goodwill impairment framework in order to improve the information the framework provides.
AICPA issues FAQs on valuing distressed or impaired businesses
Strong companies may see the current pandemic as an opportunity to fortify their balance sheets and other assets, according to the AICPA’s FAQs on Valuation Considerations When Valuing Distressed or Impaired Businesses.
Latest Update on Proposal to Upend Goodwill Accounting
Goodwill remains a very important valuation topic globally this year, and Business Valuation Update continues to cover the responses to initial efforts in the consideration of whether to upend the current goodwill impairment model and revert back to one of amortization of the world’s goodwill assets.
Valuing Distressed and Impaired Companies in the Time of Coronavirus
The Coronavirus Pandemic has created perhaps the most unusual economic downturn at least in our lifetimes and likely in the past 100 years. For Americans, the Pandemic stopped in its tracks one of the most explosive economic growth and expansion in many years, if ever. Overnight almost, businesses that were economically sound and growing were turned into distressed and impaired businesses. Jim Alerding will analyze the valuation perspective needed to value a distressed or impaired ...
Goodwill Amortization Controversy and CEIV Highlight Fair Value in 2020
Mark Zyla (Zyla Valuation Advisors) gives some highlights of what’s on the front burner for fair value in 2020, including issues surrounding the FASB’s invitation to comment on the impairment of goodwill, an important update to the Certified in Entity and Intangibles Valuation (CEIV) credential, the increasing globalization of the profession, and upcoming guidance.
BVU News and Trends March 2020
A monthly roundup of key developments of interest to business valuation experts.
Two valuable free video resources available for BVWire—UK readers
Michael Badham, executive director of the International Institute for Business Valuation (iiBV) alerted BVWire—UK that their panel discussion on valuing financial instruments has become their single most popular program, reaching 10,000 views last week.
BVU News and Trends February 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends February 2020
Regulators, Standard-Setters, VPOsIASB eyes plan to reintroduce goodwill amortizationAs the FASB is doing in the U.S., the International Accounting Standards Board is also exploring whether to reintroduce goodwill amortization. The IASB plans to release a Discussion Paper in early 2020 (February, we hear) for a 180-day comment period to weigh stakeholder interest in amending IFRS 3, Business Combinations, and IAS 36, Impairment of Assets.In conjunction with a recent meeting of the trustees ...
CFAI argues listed companies cannot afford proposed ‘wasting asset’ treatment of goodwill
BVWire—UK continues to cover the response to early-stage efforts to amortize the world’s goodwill assets.
CFAI issues strong comments regarding goodwill amortization proposal
The CFA Institute (CFAI) recently submitted its lengthy comment letter (41 pages) on the FASB’s Invitation to Comment (ITC) on how to account for certain identifiable intangible assets acquired in a business combination.
Global BV News: Video of panel on whether goodwill is a wasting asset
Accounting rule makers across the globe are mulling the idea of upending the current goodwill impairment model and reverting back to one of amortization.
Fair Value Measurements in 2020
CEIV. MPF. IVS. In the world of Fair Value Measurement it can be hard to keep your acronyms straight let alone keep your pulse on the latest developments. Expert Mark Zyla leads the demystifying session to help the rest of us to stay current on the issues. Bring questions and start 2020 off right with a kick off session from the man who literally wrote the book on Fair Value Measurements.
Paper examines goodwill impairment as a leading indicator
As accounting rule makers ponder the idea of upending the current goodwill impairment model and reverting back to one of amortization, a series of papers is exploring this topic.
BVU News and Trends December 2019
A monthly roundup of key developments of interest to business valuation experts.
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