Accounting Foundations: Asset Impairment
Offered By: LinkedIn Learning
Course Description
Overview
Learn how to account for long-term assets on the balance sheet through asset impairment.
Syllabus
Introduction
- How impaired assets impact the balance sheet
- Recording the purchase of a sports franchise
- A basic purchase
- A basket purchase
- Acquiring an entire business
- The old Blockbuster Video case
- Straight-line depreciation and book value
- Accelerated depreciation and income taxes
- Difference between depreciation and amortization
- Rio Tinto buys a coal mine in Mozambique
- The strange tangible asset impairment test in US GAAP
- Practice with tangible asset impairment computations
- A big bath: Strategic reporting of impairment losses
- Why did Microsoft buy Nokia?
- Intangible asset impairment test for finite-lived intangibles
- Intuitive impairment test for infinite-lived intangibles
- The ill-fated AOL-Time Warner merger
- The new goodwill impairment rule
- The old and costly goodwill impairment rule
- Case study in goodwill impairment: HP and Autonomy
- Does Coca-Cola have more cash or more fixed assets?
- The upward revaluation option under International Financial Reporting Standards (IFRS)
- What will we report in the future, cost or fair value?
Taught by
Jim Stice and Kay Stice
Related Courses
Fundamentals of Business Finance, with Goldman Sachs 10,000 WomenGoldman Sachs via Coursera Goldman Sachs 10,000 Women के साथ, व्यावसायिक वित्त के मूल सिद्धांत
Goldman Sachs via Coursera Fundamentos de Finanças da Empresa com o 10,000 Women da Goldman Sachs
Goldman Sachs via Coursera Completing the Accounting Cycle
University of California, Irvine via Coursera Creating Accounting Statements Using Accounting Fundamentals
Coursera Project Network via Coursera