Goodwill Impairment. CPA Exam

[@chavezsar29635]

I really appreciate your lectures. You always remind me why I like accounting.

[@AccountingLectures]

Glad to hear that

[@davidkalger]

35,000

[@sreito1287]

very nice, thank you

[@AccountingLectures]

Thank you too! Please connect with me: linktr.ee/farhatlectures

[@sonerguney3225]

Very good

[@AccountingLectures]

Very good. Here's are my FAR resources: farhatlectures.pathwright.com/library/?category=CPA+Exam+FAR

[@user-sg7ze6ts4n]

can you explain how you calculated the $650k fair value?

[@user-sg7ze6ts4n]

did I miss something or did you go through how to calculate the book value and the fair value?

[@muhammadsheraz9727]

I am confused about the goodwill impairment adjustment, as per ASPE - for a reporting unit tested for impairment the unit's assets and liabilities are to be tested for impairment first before the goodwill impairment, is that correct?ASPE 3064-para 76.

[@MrAbklee]

he didnt even realise the amount of goodwill is 35,000. He took 75,000 less 40,000 = 25,000. hahah

[@glx484]

Must not be very good with numbers

[@ayushithapliyal2788]

Hlo sir i m from India is your lecture beneficial for us also

[@AccountingLectures]

Yes. It is.

[@ahmedhussin3152]

Can u help me to find apractical lecture for assets depreciation&lease or to send me sheet by mail

[@AccountingLectures]

Check out m intermediate accounting II: farhatlectures.pathwright.com/library/intermediate-ii/about/