Financial Reporting Valuation

Impairment Testing

Mercer Capital provides independent impairment testing services to help clients test and measure impairment of tangible and intangible assets including goodwill

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.

Related Services

  • The 2-Step Goodwill Impairment Test required by ASC 350 (formerly SFAS 142) and ASC 360 (formerly SFAS 144)
  • Reporting Unit Valuation Services
  • Assistance in the Identification of Reporting Units
  • Fair Value Estimates of Intangible Assets
  • Core Deposit Intangibles Valuation
  • Purchase Price Allocations
  • Financial Reporting Valuation Services

Contact a Mercer Capital professional for more specific information related to industry focus in financial reporting related valuation and consulting services.