Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Charlene ...

In recent times, many large corporations in India and abroad have recorded significant charges on account of goodwill impairment. This brings to centre stage the initial accounting of goodwill and its ...

The retrospective restatement increased IFRS goodwill recorded on the consolidated balance sheet at November 1, 2010 by $8 million. The revaluation of the contingent consideration since acquisition ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Companies adopting International Financial Reporting Standards (IFRS) for the first time this year face a ...

Goodwill impairment is an accounting term used to describe a reduction in the value of goodwill on a company’s balance sheet. Goodwill itself represents the excess amount a company has paid over the ...