title: Valuing goodwill: not-for-profits prepare for annual impairment testing.
abstract: Accounting standards for valuing goodwill and intangible assets are becoming more rigorous for not-for-profit organizations: Not-for-profit healthcare organizations need to test for goodwill impairment at least annually. Impairment testing is a two-stage process: initial analysis to determine whether impairment exists and subsequent calculation of the magnitude of impairment. Certain "triggering" events compel all organizations--whether for-profit or not-for-profit--to perform an impairment test for goodwill or intangible assets.
authors.affiliation: Crowe Horwath LLP, Nashville, Tenn, USA. christian.heuer@crowehorwath.com
authors.forename: Christian
authors.initials: C
authors.lastname: Heuer
authors.forename: Mary Ann K
authors.initials: MA
authors.lastname: Travers
mesh_terms: D000066:Accounting / Q000458:organization & administration*; D005377:Financial Management, Hospital; D006788:Hospitals, Voluntary / Q000191:economics; D014481:United States