Goodwill Impairment Testing

Receive accurate and detailed analysis of goodwill and goodwill impairment.

Goodwill Impairment Explained

After a company purchases another, goodwill is assigned as an intangible asset, denoting the portion of the purchase price that is higher than the fair value of all assets minus any liabilities. When the carrying value of goodwill is larger than the current fair value of that goodwill, businesses must record a goodwill impairment charge. This is charged as an expense on a company’s income statement.

Goodwill Impairment Testing With Quist

Under generally accepted accounting principles (GAAP), companies must evaluate goodwill once per year to record any impairments. However, businesses also conduct testing when an acquired company is underperforming expectations. Whatever the reason, Quist has detailed knowledge of ASC 350 – Goodwill and Other, and can help businesses evaluate goodwill to determine any impairments.

Decades of Valuation Experience

Detailed Knowledge of ASC 350

Quick & Efficient Testing Process

39+

YEARS IN BUSINESS

10,000

VALUATIONS PROVIDED

25+

INDUSTRY SECTORS SERVED

Quist’s Goodwill Impairment Testing

Learn more about how Quist can help you efficiently evaluate goodwill and goodwill impairment.

Goodwill & Goodwill Impairment Resources

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Get Ready For Your Valuation

Use Quist’s Valuation Prep Guide to see the documentation you will need and the process we will take for a full valuation report.