Goodwill and Assets Impairment Assessment

The value of a company’s asset, both tangible and intangible, could be impacted by external economic conditions and volatile financial markets. As a result, companies are required to measure and report the corresponding losses arisen from impaired assets according to relevant accounting standard such as HKAS/IAS 36 and US GAAP ASC 350. AVISTA offers valuation and accounting expertise to conduct impairment testing on goodwill, tangible assets and definite/indefinite-lived intangible assets.

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