CFO Financial Forum Webcast: Goodwill Impairment

This webcast will feature Paul Munter, a partner in KPMG’s Department of Professional Practice.

The presentation will discuss the FASB’s recently-issued exposure draft of a proposed Accounting Standards Update (ASU), Testing Goodwill for Impairment. The update would permit an entity to make a qualitative assessment of whether it is more likely than not that its reporting unit’s fair value is less than its carrying amount before applying the two-step goodwill impairment test.

The webcast also will cover the FASB’s recently-issued guidance in ASU No. 2010-28, When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units With Zero or Negative Carrying Amounts.