Surgent's Goodwill Impairment Basics

Available Anytime

Location: Online

1Credits

Accounting and Auditing

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~~$29.00 Regular Price~~

Nonmembers

$44.00 Regular Price

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Product Code: SU24-GWIB-SSDL

Level: Overview

Vendor: Surgent

Field of Study: Accounting

Overview:

This course provides a basic overview of goodwill impairment testing. The accounting and reporting requirements related to goodwill are prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 350-20. This course focuses on the subsequent measurement requirements including the accounting alternative allowed for certain eligible entities. This course also addresses briefly describes the disclosure requirements for goodwill and is current through the issuance of ASU 2019-06.

Objectives:

Recognize overall characteristics of goodwill impairment testing
Differentiate between the qualitative and quantitative test of goodwill impairment
Identify key characteristics of the accounting alternative for goodwill
Recognize the key disclosure requirements for goodwill and goodwill impairment losses

Major Topics:

Goodwill impairment testing
FASB accounting and reporting requirements related to goodwill
ASC Topic 350-20
Goodwill disclosure requirements

Designed For:

Accounting professionals seeking an introduction to goodwill impairment testing and the related FASB requirements

Prerequisite:

None

Additional Info:

You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.