The accounting standards update does away with the second step in the current two-step goodwill impairment test, under which a goodwill impairment loss is measured by comparing the implied fair value ...

Assessing goodwill for impairment became more challenging during the COVID-19 pandemic because of significant changes in business operations and overall economic uncertainty. Considering goodwill ...

Norwalk, Conn. -- The Governmental Accounting Standards Board has issued an exposure draft of a proposed standard on accounting and reporting for impairment of capital assets. If adopted, the standard ...

Columbus Mckinnon (CMCO) has disclosed a new risk, in the Accounting & Financial Operations category. Columbus McKinnon faces a potential business ...

FASB endorsed two GAAP exceptions for private companies Monday, marking a milestone in the work to provide simpler, less costly rules for private companies while producing financial statements that ...

Centene saw a net loss of $6.6 billion in Q3 despite slightly outperforming in the quarter, with the loss linked to a $6.7 ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly ...

“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” Berenberg Capital analysts say. The United ...

Triggering review: A file photo of a Reebok showroom in New Delhi. Ministry officials say the move was prompted by the recent case involving Reebok India, a subsidiary of global sportswear maker Adida ...

Shanghai Electric Group Company ( ($HK:2727) ) just unveiled an announcement. Shanghai Electric Group Company Limited announced a provision for ...