FINANCIAL REPORTING COMPLIANCE
GOODWILL & INTANGIBLE ASSET IMPAIRMENT
Houlihan is uniquely positioned to assist companies with Goodwill & Intangible Asset Impairment Testing in accordance with SFAS 142, SFAS 144, IFRS 3, and IAS 36.
We had significant input into the development of SFAS 142 and in the implementation guidance issued subsequently by the FASB. We have an in-depth understanding of the valuation requirements outlined in the statement as well as the key issues of concern to the SEC.
Houlihan' Goodwill & Intangible Asset Impairment analysis reflects a comprehensive understanding of the accounting rules coupled with in-depth valuation, financial reporting, and industry knowledge. While there are some common elements to all impairment tests, Houlihan can assist you with the unique issues related to your specific industry.
OUR SERVICES
- Identifying reporting units and the implications of the reporting unit structure
- Assigning acquired assets and liabilities, including goodwill and corporate items, to one or more reporting units
- Determining the fair value of reporting units
- Computing the implied fair value of goodwill