Navigating the Various Accounting Impairment Models

In accounting, impairment testing assesses whether certain assets, like property or equipment, have declined in value and should be adjusted on financial statements. This process can be complex, especially during economic downturns, and requires selecting the most appropriate method. Choosing the wrong method can lead to complications and inaccurate financial results.

Our guide simplifies the process by explaining the five main impairment models and helping organizations determine the most suitable approach to ensure accurate asset valuation.

Download our guide today.

Published on May 22, 2024