Goodwill impairment testing has been a challenging area for many financial statement preparers since the issuance in 2001 of FASB Accounting Standards Codification (ASC) Subtopic 350-20 (formerly FASB ...

Many have started to question the goodwill impairment model under FASB ASC 350-20 and whether it paints the most accurate financial picture in light of the COVID-19 pandemic. In September, the Private ...

Predictmedix Inc. may have the answer to squash concerns about stoned driving. The lack of a validated mechanism to test someone’s level of impairment from cannabis use on the spot has complicated the ...

Many companies are not making use of an optional, qualitative goodwill impairment test FASB recently introduced to enable less burdensome financial reporting, a new survey report shows. Just 29% of ...

Marijuana impairment, and particularly how long impairment lasts, is often misunderstood, primarily because advocates for marijuana typically present data from available studies within a narrow scope ...

ALBANY — New York’s legalization of cannabis for recreational use this spring moved state rules regulating the drug a step closer to those for alcohol, putting pressure on testing companies and ...