Impairment: Reminders and Hot Topics

Impairment: Reminders and Hot Topics

Wednesday, October 19, 2022 (1 p.m. EDT)

Recent global events, coupled with the SEC’s growing focus surrounding reporting on impaired assets has created new financial reporting challenges with respect to impairment.

Get a refresher on the proper accounting for impairment under U.S. GAAP and learn how others are disclosing such issues in their financial statements in this free CPE-eligible* webinar, co-sponsored with GAAP Dynamics.

In this session, we’ll cover:

  • Recent global events causing a renewed focus on impairment
  • Impairment models set out in ASC 350 and 360
  • Required ordering of impairment tests
  • ASU 2017-04 Simplifying the Test for Goodwill Impairment
  • Example financial statement and non-GAAP disclosures
  • Comment letters and SEC focus areas related to impairment

*In order to be awarded full CPE credit, you must respond to at least 3 polling questions asked during the program.

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