ASC 350 Intangibles (formerly SFAS 142) and ASC 360 Property, Plant, and Equipment (formerly SFAS 144) require periodic assessment of the fair value of long-lived and non-amortized assets. IAS 36 and IAS 38 provide guidelines for impairment tests of tangible and intangible assets under the international accounting standards.
Our professionals hold the Accredited in Business Valuation (ABV) designation from the AICPA, as well as the Accredited Senior Appraiser (ASA) and the Intangible Asset (BV/IA) designations from the American Society of Appraisers. With over 30 years of valuation experience, Mercer Capital can assist clients with impairment testing of tangible and intangible assets, including goodwill, in accordance with US and international accounting standards.
Contact a Mercer Capital professional for more specific information related to industry focus in financial reporting related valuation and consulting services.
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Fair value measurement has been a hot topic during the last few years, increasingly attributable to PCAOB identified audit deficiencies and heightening scrutiny over the ...
On December 27, 2016 Toshiba Corporation, the Japanese electronics conglomerate, announced the possibility of a goodwill impairment charge related to its U.S. nuclear power plant ...
We started writing weekly about fair value reporting on this blog in 2013. While not knowing exactly what we were getting into, we hoped that the ...