In a period in which an impairment loss occurs, SFAS No.142 requires each of the following note disclosures except

Question

Quizplus · Accepted Answer

SFAS No.142 requires disclosure of the impairment loss recognized, the method of determining fair value of the reporting unit, any adjustments made to impairment estimates from earlier periods, and a description of the facts and circumstances leading to the impairment. However, it does not require disclosure of the amount of goodwill by reporting segment.

In a Period in Which an Impairment Loss Occurs, SFAS