Asset impairment represents a drop in current and future income for long-lived assets held by a business. When impairment occurs, business accounts report the diminished current and expected cash ...

Accounting Standards Codification (ASC 360), Property, Plant and Equipment (“PP&E”) provides guidance with respect to impairment testing for a company’s long-lived assets such as property, plant, ...

Norwalk, Conn. -- The Governmental Accounting Standards Board has issued an exposure draft of a proposed standard on accounting and reporting for impairment of capital assets. If adopted, the standard ...

NORWALK, CONN. -- The Governmental Accounting Standards Board has plugged a significant, if not especially large, gap in governmental accounting and reporting for impairment of capital assets. When ...

Impairment loss occurs when a business asset suffers an unexpected, permanent depreciation in fair market value in excess of ...

Find out why adequetely addressing year-end goodwill and long-lived asset impairment testing procedures improves financial audits, reviews and allows for greater transparency. Market equity prices and ...

Impaired intangible assets will continue to pressure insurance companies as earnings continue to erode, according to a report from Moody’s Investors Service in New York. Intangible assets include ...

HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) today announced that, based on unaudited preliminary results and current estimates, the company expects pre-tax loss (GAAP) to be in the ...

Q1 gross impaired assets rise to A$1.90 billion Q1 deposits and loans rise Shares down as much as 3.3% to A$29.15 Feb 20 (Reuters) - ANZ Group (ANZ.AX), opens new tab, Australia's fourth-biggest ...