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Explain the meaning of a non cash impairment charge

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Reference no: EM131547125

Assignment

Discuss with your team the following case study:

Client X contacted you for clarification and recommendations regarding the instances when goodwill should be adjusted for impairment.

Write a team consensus response of no more than 700 words to include the following:

• Provide detailed rational of why goodwill must be adjusted for impairment.
• List the tests for impairment.
• Explain the meaning of a non cash impairment charge.

Reference no: EM131547125

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