Intangible Assets:

Asset Impairment (SFAS 142)

SFAS 142 requires companies to perform an annual valuation test for possible impairment of recorded intangible assets. Impairment can result in a direct impact on the financial statements, so the impairment tests need to be done competently in accordance with relevant professional standards. Our professionals know the rules, and know how to apply them in a wide variety of businesses and industries.