Simplifying the Test for Goodwill Impairment

The Financial Accounting  Standards Board (FASB) recently issued an update, ASU 2017-04, Simplifying the Test for Goodwill Impairment,  that is designed to reduce the cost and complexity of accounting for goodwill impairment.

Read the article from the Summer 2017 GYF Perspectives.

 

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Grossman Yanak & Ford LLP, a certified public accounting and consulting firm, was founded in 1990. The firm is led by eight partner and serves clients in Pittsburgh and the surrounding region.

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