Year-to-date goodwill impairments through October 2022 have increased significantly over the prior year due to markedly changed economic and geopolitical conditions (including a surge in inflation), higher discount rates, supply chain disruptions, lower forecasted profitability, exchange rate fluctuations and more. Goodwill impairment often garners the attention of both auditors and regulators and provides important information for investor decision-making.
In the current environment, there is even greater scrutiny on public companies to quantify and recognize goodwill impairments on a timely basis (if appropriate), both when identifying a triggering event and during the annual test. Getting the analysis right in the face of current market volatility can be challenging. This webinar will review current trends we have observed in year-to-date impairments taken by publicly traded companies and how they have been impacted by the current market environment. We will also discuss some of the more challenging aspects of the goodwill impairment test including:
Continuing Professional Education credits
1 CPE credit will be provided.
Speakers
Kroll is a leading provider of goodwill, intangible and long-lived asset impairment testing.
Kroll provides valuation and asset appraisal for financial reporting, income tax, investment and risk management purposes.
Kroll's expertise and independence has made us a leading provider of valuation services for business combinations.