Finance AI Skill

Goodwill Impairment Testing

Perform goodwill impairment testing per ASC 350 / IAS 36, including identification of reporting units, assessment of impairment indicators, fair value measurement, and impairment loss calculation. Use when conducting annual or interim impairment tests, evaluating triggering events, calculating fair value of reporting units, determining impairment charges, or documenting impairment analysis. Triggers on phrases like "goodwill impairment", "impairment testing", "ASC 350", "IAS 36", "impairment test", "fair value measurement", "reporting unit", "triggering event", "step 1 impairment", "step 2 goodwill impairment".