Webinar: Impairment: Testing Made Easy

All companies are required to test Goodwill and Indefinite Lived Assets (ASC 350) on an annual basis. Most do this test in Q4. This course will help Controllers and CFOs prepare for testing in a way that makes the process as smooth as possible.

Course Objectives

After completing this course you will be able to:

Identify indicators of potential impairment
Map the A to Z impairment testing process to their year-end accounting workflow
Recall the tools that are available to them, including: Technical Accounting Memos, Footnote disclosure assistance (if applicable), Step 0 or Step 1 reports
Identify the source of the impairment as caused by either external or internal forces

Additional Details

CPE: Eligible for 1 CPE credit in Accounting

Prerequisites: Intermediate - Business combination accounting line items should sound generally familiar

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet-based

Dec. 1, 2020 | 1-2 p.m. EST

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Download the slides

Todd Mitchell
Todd is a Managing Director in the Northeast Region of CBIZ Valuation Group. His responsibilities include the management and execution of engagements, business development and the review and preparation of valuation assignments.

Nate Vander Hamm
Nate is based in our Kansas City office and has over 20 years of experience in public accounting working with energy companies, manufacturing and distribution companies, investment companies, real estate companies and other diversified companies ranging from audits of public entities in the Fortune 500 to small private entities.

David Lewin
Dave is a Managing Director at CBIZ & MHM New England (formerly CBIZ Tofias), and is Leader of Accounting Advisory Services in New England. Services provided by Dave and his team include assistance with financial statement preparation, interpretation and implementation of accounting standards, technical memorandum preparation, financial process and function re-engineering, revenue recognition guidance, accounting for acquisitions, divestitures and carve-outs, internal control effectiveness and efficiency, IPO readiness support, interim financial management services, and audit readiness.

*Attendees must be registered individually and click on periodic participation markers throughout the webinar to receive CPE credit. We may be unable to offer CPE certificates to those who log into the webinar using:

GoToWebinar Instant Join
iPads or mobile devices (unless using the Citrix mobile app for GoToWebinar)

If you would like the opportunity to earn a CPE certificate, please log in using a different method than the ones indicated above to ensure that you show up on the final attendee report.

For more information regarding complaint and program cancellation policies, please contact our offices at (216) 447-9000.

CPE Sponsor Logo CBIZ, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

**CBIZ CPAs is an independent CPA firm that provides audit, review and attest services, and works closely with CBIZ, a business consulting, tax and financial services provider. CBIZ and CBIZ CPAs are members of Kreston International Limited, a global network of independent accounting firms.

About Us

CBIZ CPAs P.C. is an independent CPA firm dedicated to delivering high-quality attest services that position our clients to make informed business decisions. We use our global resources and 70-plus years of experience serving growth-oriented companies across the industry spectrum, not-for-profit organizations, and others to bring our clients best practices and sound guidance.

CBIZ CPAs P.C. works closely with CBIZ, a business consulting, tax and financial services provider. In certain jurisdictions, CBIZ CPAs P.C. operates under its previous name, Mayer Hoffman McCann P.C.

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