Update: FASB and Accounting for Goodwill

Where is the FASB going to land on the issues around accounting for goodwill?

PJ Patel to Present at 35th Midyear SEC Reporting & FASB Forum

As an expert faculty member, Patel will provide practical approaches to new and complex accounting and disclosure requirements.

PJ Patel Talks Goodwill Impairments with Bloomberg Tax

Effect of virus to show in risk factors, revenue, goodwill impairments, other financial reporting areas.

Podcast: Navigating Intangible Asset Valuation

Patel: In today’s environment where companies are more intangible asset-based rather than tangible asset-based, there’s probably an evolution that needs to happen in terms of how you value inventory.

VRC’s Hamilton and Woodward to Participate in BVR Webinar

Hamilton and Woodward explore the strengths and weaknesses of customer relationship valuation methodologies and how the distributor method can assist in decreasing subjectivity in this process.

Podcast: The Ongoing Evolution of Goodwill Accounting

Patel: We’ve seen constant change around goodwill in the past few years.

2019’s Notable Accounting Standard Impacts

New guidance from FASB continues to grow in complexity, and in 2019 that translated to noticeable bandwidth effects on financial reporting professionals.

Industry Update: Fire Prevention

Just released! Read VRC’s latest Industry Update on Fire Prevention for relevant market data, trends in EBITDA multiples, notable deals and more.

VRC Co-CEO PJ Patel Invited to FASB Roundtable on Goodwill Accounting

VRC conducted a survey of financial statement preparers and users on the topic of goodwill accounting and impairments; Patel plans to convey key issues and concerns they raised to the standard-setting body.

Goodwill Impairment: User Survey Summary

To better understand the needs and views of “users” of financial statements, VRC surveyed financial analysts, a group mainly comprised of CFA charterholders, who conduct fundamental analysis on public companies.