Intangible Asset & Goodwill Impairment Testing

Meet Regulatory Requirements with Expert Precision

At WilliamsMarston, our valuation experts have dealt with some of the largest and most dynamic companies in the world, as well as mid-market non-public companies. We have served hundreds of clients on a wide variety of projects and are experts with the various goodwill impairment testing required by United States GAAP. If your business is looking for expert assistance with purchase price allocation as part of a valuation effort, get in touch with us today.

What Our Goodwill Impairment Testing Services Consider

  • Accounting Standards Codification (“ASC”) Topic 350 and 360 and International Accounting Standards (“IAS”) 36 require that the book value of certain tangible and intangible assets, including goodwill, be tested for impairment. These tests are required to be performed annually or upon a triggering event.
  • Goodwill represents the excess of the cost of an acquired entity over the net of the amounts assigned to assets and liabilities assumed. Post-business combination, goodwill is allocated to a reporting unit or units. Under ASC Subtopic 350-20-35-1, goodwill and certain intangibles are not amortized; rather, these assets must be periodically tested for impairment.

Additional Resources

Learn more about how our team consistently delivers lasting results on our clients’ most important initiatives.

Accounting Advisory

Explore our full suite of accounting advisory services, ranging from divestitures and de-SPAC mergers to initial public offerings and more.

Corporate Tax

We offer a full suite of corporate tax services, ranging from corporate income tax assistance to consulting and compliance.

Valuation

WilliamsMarston provides a variety of valuation opinions and advisory services to support our clients’ financial goals.

Private Equity Services

Our private equity services enable private equity firms and their portfolio companies to drive results and maximize value creation.

Restructuring

WilliamsMarston corporate restructuring specialists support organizations facing liquidity challenges. Learn more here.