Surgent's Goodwill Impairment Testing
Available Anytime
Location:
Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$64.00 Regular Price
Product Code: SU24-GWIT-SSDL
Level: Basic
Vendor: Surgent
Field of Study: Accounting
Overview:
This course provides an 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 topics such as the initial recognition of goodwill and subsequent measurement requirements including the accounting alternative allowed for certain eligible entities. This course also addresses the disclosure requirements for goodwill and is current through the issuance of ASU 2019-06.Objectives:
- Identify the recognition requirements related to goodwill
- 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
- List the key disclosure requirements for goodwill and goodwill impairment losses
Major Topics:
- Initial recognition of goodwill
- Subsequent measurement requirements including the accounting alternative allowed for certain eligible entities
- Disclosure requirements for goodwill
Designed For:
Accounting professionalsPrerequisite:
NoneAdditional Info:
You will receive an email from info@surgent.com 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 info@surgent.com. 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.