Self-Study

Surgent's Goodwill Impairment Testing

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This course provides an overview of goodwill impairment testing. The accounting and reporting requirements related to goodwill are prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 350-20. This course focuses on topics such as the initial recognition of goodwill and subsequent measurement requirements including the accounting alternative allowed for certain eligible entities. This course also addresses the disclosure requirements for goodwill and is current through the issuance of ASU 2019-06.

Major subjects

• Initial recognition of goodwill
• Subsequent measurement requirements including the accounting alternative allowed for certain eligible entities
• Disclosure requirements for goodwill

Learning objectives

• Identify the recognition requirements related to goodwill
• Recognize overall characteristics of goodwill impairment testing
• Differentiate between the qualitative and quantitative test of goodwill impairment
• Identify key characteristics of the accounting alternative for goodwill
• List the key disclosure requirements for goodwill and goodwill impairment losses

Who should take this program?

• Accounting professionals

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $49.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.