Corpus ID: 167492549

Impairment: IASB - FASB Comparison

@inproceedings{Hamilton2011ImpairmentI,
  title={Impairment: IASB - FASB Comparison},
  author={Kallie Hamilton and Brett Hyland and James L. Dodd},
  year={2011}
}
paper focuses on the accounting concept of impairment of long lived assets and goodwill. The objective is to identify the differences between the Financial Accounting Standards Board's (FASB) and the International Accounting Standards Board's (IASB) standards on impairment and to recommend a converged standard that will be acceptable to both bodies. Information for the research was obtained through primary sources such as the FASB Codification, Statements of Financial Accounting Concepts and… CONTINUE READING
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