Mon, Dec 23, 2019

Greg Franceschi Shares Insights from Kroll 2019 Goodwill Impairment Study with Accounting Today

Greg Franceschi Shares Insights from Duff & Phelps 2019 Goodwill Impairment Study with Accounting Today.

Greg Franceschi, Managing Director and Global Leader of the Financial Reporting Practice and Office of Professional Practice, shared findings from the 2019 U.S. Goodwill Impairment Study for an article in Accounting Today. 

The Study, now in its eleventh year, reported that the total amount of goodwill impairment recorded by U.S. public companies reached $78.9 billion in 2018, up a staggering 125 percent from the prior year.

Referring to the study, Greg shared his predictions said that, “an early indication that we may actually see a significant decrease in overall goodwill impairment this year.”

Read more here.

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