Fair Value Checklist for Audit Season

December 6, 2011 by Brian Bornino

With year-end upon us, this may be companies’ last chance to “get ahead” and deal with any “fair value” issues before field work begins on your year-end audit.  The most common issues to be aware of include: 1. Did you [...]

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FASB’s Exposure Draft on Goodwill Impairment Misses the Mark

May 9, 2011 by Brian Bornino

On April 22, 2011, the FASB issued an Exposure Draft to ASC 350, Intangibles – Goodwill and Other that would alter the process by which companies would conduct goodwill impairment testing. The highlight of the Exposure Draft is that instead [...]

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