This course provides an overview of goodwill impairment testing. This course focuses on topics such as the initial recognition of goodwill and subsequent measurement requirements including the accounting alternative allowed for certain eligible entities. This course also addresses the disclosure requirements for goodwill.

Learning Objectives
  • Identify the recognition requirements related to goodwill.
  • Recognize overall characteristics of goodwill impairment testing.
  • Discover and differentiate between the qualitative and quantitative test of goodwill impairment.
  • Identify key characteristics of the accounting alternative for goodwill.
  • Recognize the key disclosure requirements for goodwill and goodwill impairment losses.
Last updated/reviewed: February 24, 2025
13 Reviews (89 ratings)

Reviews

5
Anonymous Author
Good overview of Goodwill and explanation of Goodwill impairment testing. Instructor was very knowledgeable about the topic and test was easy to understand.
5
Member's Profile
Lots of useful information. Very well organized and presented. Examples help a lot to understand some of the more complicated aspects.
5
Anonymous Author
Good reminder on goodwill impairment concepts, particularly with the current economic environment leading to many impairments.
5
Anonymous Author
Information relating to goodwill impairment testing was informative and described in an appropriate level of detail.
5
Anonymous Author
This course provides text on Goodwill, what it is, and how you test for impairment and alternative methods.
5
Anonymous Author
Interesting content. I liked the examples and scenarios to help apply the content to my organization.
4
Anonymous Author
I enjoyed the course Goodwill Impairment Testing (Text Based Course) it was well thought out.
5
Anonymous Author
Challenging course on impairment testing, thorough and relevant. Recommended.
5
Anonymous Author
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5
Anonymous Author
Well laid out, easy to understand. Text is great & organized
5
Anonymous Author
quick and easy refresher on a topic not often encountered.
5
Anonymous Author
I enjoyed this course, and I found it very informative
5
Anonymous Author
Good overview of accounting for goodwill impairment.
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Prerequisites
Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
SUPPORTING MATERIAL
  Goodwill Impairment - An Essential Guide PDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam