NAA2323. Asset Impairment and the Incorporation of Fair Value Measurements
Join us for a plan-English overview in accounting for nonfinancial asset impairment models. We’ll make this an interactive session to discuss accounting and auditing concerns when dealing with various impairment models for nonfinancial assets.
- Grasp the fundamental concepts underlying nonfinancial asset impairment accounting for: 1) Long-lived assets; 2) Indefinite-life assets; 3) Goodwill for private companies.
- Navigate through various impairment models and recognize their implications
- Understand the interplay between accounting and auditing in the context of impairment