Dicuss JE consideration of goodwill regarding Dynamic and ZD

Reference no: EM132449799

1. Identify and cite the relevant topics/subtopics from the FASB Accounting Standards Codification for this case.

2. Identify the specific accounting issue that you believe needs to be initially addressed for JE's consideration of goodwill regarding both Dynamic and ZD.

3. What does the qualitative evidence from the case indicate about whether JE should perform the two-step impairment test? In your response, identify specific factors discussed in the Codification and relate them to the information provided to you in the case.

4. Beyond the assessment of qualitative factors, what other evidence should be considered for the purpose of the analysis? What does this information suggest? For Dynamic, what do you think is the most appropriate fair value amount to use in assessing the fair value of this reporting unit? Explain. Why is this important?

5. Based upon the information provided above, should Dynamic and ZD be combined or separated for the purposes of the goodwill analysis? Explain. Why is this important?

6. Based upon your initial analysis, do you think the $200 million goodwill balance (i.e., the $150 million for Dynamic and the $50 million for ZD) is the appropriate valuation for goodwill on the December 31, 2014 balance sheet of JE?

Requirements:

Be sure to discuss and reference concepts taken from the Required and Recommended Readings throughout the course, and from your own relevant research.

Include a cover sheet and reference page.
Your paper should be a minimum of nine pages in length, not including a cover sheet and reference page. Submissions in excess of nine pages in length are acceptable.
Either submit a separate Excel file to support your findings or include exhibits as part of your paper.
Include a minimum of six credible, academic, or professional references beyond the course text, Required and Recommended Readings, or other course materials.
Format according to the APA Guidelines

Attachment:- accounting issue.rar

Reference no: EM132449799

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