Prepare a paper on one issue reports. The paper consists of an appropriate descr
ID: 2530530 • Letter: P
Question
Prepare a paper on one issue reports. The paper consists of an appropriate description of the case, literature review, theory and empirical evaluation of actual corporate data. Encourage students to discuss models, types, and factors related to this problem. Examples of issues (but not limited to) include:
1. Profit on sub-equity sales.
2. Goodwill / impairment - recognition of loss of value, profit strength?
3. Are dips related to the security assessment? The resulting profits can predict future profits better?
4. Use special or non-recurring items
Explanation / Answer
Goodwill impairment is a charge that companies record when goodwill`s carrying value on financial statements exceeds its fair value.
In Accounting, Goodwill is recorded after a company acquires assets and liabilities and pays a price in excess of their value.
Goodwill impairment arises when assets are deteriorated and in need of cash flow