Tue, Dec 13, 2016
Gary Roland Quoted in Compliance Week - "Goodwill Impairment Doubled in 2015"
Goodwill impairment levels for public companies doubled from 2014 to 2015, hitting their highest mark since the global financial crisis, according to the latest data from Duff & Phelps. According to Gary Roland, managing director for Duff & Phelps, troubled oil prices surely played a part in the jump in goodwill impairments.
In addition to market data, the Duff & Phelps study also explores changes that are in the works for how companies will account for goodwill in the future.
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