Goodwill, which is the premium paid in acquisitions above the fair value of identifiable assets, requires mandatory annual impairment testing regardless of whether triggering events have occurred.

Ramanna, Karthik, and Ross L. Watts. "Evidence on the Use of Unverifiable Estimates in Required Goodwill Impairment." Review of Accounting Studies 17, no. 4 (December 2012): 749–780.

The watchdog has fined Big Four giant EY £6.5m for its audit of the collapsed airline Thomas Cook. The Financial Reporting ...

In a regulatory filing, B. Riley Financial (RILY) stated, “B. Riley Financial previously disclosed in its Form 12b-25 filed with the Securities ...