The Financial Accounting Standards Board has issued an accounting standards update intended to simplify the testing of indefinite-lived intangible assets, such as trademarks, licenses and distribution ...

The value of assets on the balance sheet cannot be more than their recoverable amount. An impairment review compares an asset’s recoverable amount with its carrying amount. An asset is considered ...

To improve the information available to investors about business acquisitions, the International Accounting Standards Board (IASB) has issued an Exposure Draft (ED) with proposed amendments to IFRS 3 ...

The International Accounting Standards Board has proposed new standards for measuring the impairment of financial instruments and assets using amortized cost, taking a different tack than the U.S.

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...