How are Goodwill Impairment Losses Recognized? | Accounting
The following article will guide you about how are goodwill impairment losses recognized. SFAS 142 – Goodwill and Intangible Assets: In SFAS 142, "Goodwill and Other Intangible Assets," July 2001, the FASB approved significant changes in the way income is determined for combined business entities. The most prominent of these changes is that goodwill is no longer amortized systematically over [...]