Update: FASB and Accounting for Goodwill
Where is the FASB going to land on the issues around accounting for goodwill?
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.
Hamilton to Lead Interactive Webinar on Earnouts
Registration is now open for VRC’s upcoming webinar: Learning the Language of Earnouts on March 24.
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.
Goodwill Impairment: Preparer Survey Summary
We polled our clients for their thoughts on the current accounting for goodwill and intangible assets and have summarized our findings.