Goodwill Impairment Analysis Template
Test goodwill for impairment by comparing fair value of reporting units to their carrying amounts.
How to use this template
Identify reporting units
Determine which operating segments represent separate reporting units for goodwill testing purposes.
Estimate fair value of reporting unit
Use market data, comparable transactions, or discounted cash flow analysis to estimate fair value.
Compare to carrying amount
Determine whether the fair value of the reporting unit exceeds its carrying amount including goodwill.
Document impairment conclusion
Record whether goodwill is impaired and prepare supporting documentation for the analysis.
Why use this template
- Ensures goodwill is tested for impairment per ASC 350
- Prevents overstated intangible asset balances
- Provides audit support for significant judgments in valuation
- Protects against future goodwill write-downs
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