Assessing goodwill for impairment became more challenging during the COVID-19 pandemic because of significant changes in business operations and overall economic uncertainty. Considering goodwill ...

Triggering events can cause disruption to any business. Disruption can lead to new opportunities, or become huge challenges. One determining factor is the baseline from which you are working from.

A buy-sell agreement is triggered upon the occurrence of certain specified “triggering events.” The parties to the agreement may build one or more triggering events into their particular buy-sell ...

The Financial Accounting Standards Board released an accounting standards update Tuesday that gives private companies and nonprofits an accounting alternative to decrease the complexity of performing ...

FASB issued a standard Tuesday that provides an alternative to goodwill impairment triggering event evaluations for private companies and not-for-profits. Under the alternative, private companies and ...

A trigger event is a person, place, thing, or situation that elicits an intense or unexpected emotional response. A trigger could be health-related, like suffering a heart attack, being diagnosed with ...