23SS-0205: Surgent's Goodwill Impairment Basics (Self-Study)

Valid for one year from purchase date
Self-study - Downloadable PDF
1 CPE (1 technical)

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.

Major subjects

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

Learning objective(s)

• Recognize overall characteristics of goodwill impairment testing
• Differentiate between the qualitative and quantitative testof goodwill impairment
• Identify key characteristics of the accounting alternativefor goodwill
• Recognize the key disclosurerequirements for goodwill and goodwill impairment losses

Who should take this program?

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

Fees

Standard Member Fee	$29.00
Standard Nonmember Fee	$29.00