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Goodwill Impairment Testing (Z1-GWIT-2022-01-SSDL)

100 Minutes
On demand - Audio

On Demand - Audio

2 CPE Credits in AA

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.

BENEFITS

  • Initial recognition of goodwill
  • Subsequent measurement requirements including the accounting alternative allowed for certain eligible entities
  • Disclosure requirements for goodwill

HIGHLIGHTS

  • 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

PREREQUISITES

None

PRICING

$49.00 - Member

$69.00 - Nonmember

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent