SFAs No. 121 illustrated. (Statement of Financial Accounting Standards on long-lived assets): An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on February 1, 1996. The length of the article is 2687 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The Financial Accounting Standards Board issued Statement of Financial Accounting Standards (SFAS) No. 121, also known as the 'Accounting for the Impairment of Long-lived Assets for Long-lived Assets to Be Disposed Of', in Mar. 1995. SFAS No. 121 rules that under certain circumstances, plant property and equipment, identifiable intangible assets and the goodwill related to these assets, should be considered 'impaired' and written down to a new carrying amount.

Citation Details
Title: SFAs No. 121 illustrated. (Statement of Financial Accounting Standards on long-lived assets)
Author: Quinton Booker
Publication:The National Public Accountant (Magazine/Journal)
Date: February 1, 1996
Publisher: National Society of Public Accountants
Volume: v41 Issue: n2 Page: p25(4)

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