Impairment
04.21.2020 | Duration: 28:03
Implications of COVID-19 on the impairment of nonfinancial assets.
Podcast overview
In this 30-minute podcast, specialists from 乐鱼（Leyu）体育官网鈥檚 Department of Professional Practice discuss the implications of COVID-19 on the impairment of nonfinancial assets and related controls and valuation issues.
Applicability
- All companies
Relevant dates
- Effective immediately
Podcast contents
- 01:25聽鈥� Overview of types of nonfinancial assets and approach to reevaluating in light of changing business plans
- 05:30聽鈥� Big picture considerations in assessing whether an asset is recoverable, including controls and projecting cash flows using a single best estimate vs multiple scenarios
- 09:40聽鈥� Impairment of goodwill, including control premiums, reconciliation to market capitalization and which stock price to use, and discount rates
- 17:50聽鈥� Impairment of long-lived assets (e.g. property, plant and equipment and leased (right-of use) assets), and other actions such as sale and abandonment
- 24:30聽鈥� Disclosure considerations
Explore more
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