Impaired assets: making the right move.(accounting industry's Statement of Financial Accounting Standard No. 121): 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 August 1, 1996. The length of the article is 3195 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 Statement of Financial Accounting Standard (SFAS) No. 121, 'Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed of,' offers clear and consistent data on economic changes within a company to help management decide on asset impairment issues. Companies must therefore be warned against recognizing impairment losses without economic basis or that are beyond the required figure under SFAS No. 121.

Citation Details
Title: Impaired assets: making the right move.(accounting industry's Statement of Financial Accounting Standard No. 121)
Author: Barbara W. Scofield
Publication:The National Public Accountant (Magazine/Journal)
Date: August 1, 1996
Publisher: National Society of Public Accountants
Volume: v41 Issue: n8 Page: p20(8)

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