On April 21, 2020, Duff & Phelps hosted a webcast titled, “Impact of COVID-19 on Goodwill Impairment – Perspectives from U.S. GAAP and IFRS” that covered insights on how the COVID-19 economic environment is impacting goodwill impairment testing. This webcast was referenced by CFODIVE in the article, “Goodwill Impairment Testing During COVID-19 Times.”
The article highlighted the comment made on the COVID-19 outcomes during the webcast by Greg Franceschi, Managing Director in Duff & Phelps Valuation Advisory Services practice. Greg said the pandemic has abruptly changed company forecasts and market outlook.
View the webcast replay.
Read the full article here.