- Valuation Advisory Services
- Derivatives Valuation and Share-Based Compensation
- Fixed Asset Management and Insurance Solutions
- Fresh Start Accounting
- Goodwill and Intangible Asset Impairment
- Impairment of Long-Lived Assets
- Intellectual Property Valuation
- International Business Combinations
- Machinery and Equipment Services
- Other Financial Reporting Services
- Purchase Price Allocation
- Real Estate Services
- Strategic Value Advisory
- Tax Valuation
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- Alternative Asset Advisory
- Compliance and Regulatory Consulting
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- Corporate Commercial Litigation
- eDiscovery, Forensic Technology and Analytics
- Fraud, Forensic and Investigative Services
- Intellectual Property Disputes
- M&A Purchase Price Disputes and Arbitration
- Shareholder Disputes and Fair Value
- Tax Litigation
- Competition Law and Related Litigation Support
- Family Law Litigation Support
- Legal Management Consulting
- M&A Advisory
- Restructuring Advisory
- Tax Services
- Transaction Opinions
2015 Goodwill Impairment Webcast
Learn the results of the annual U.S. Goodwill Impairment Study that Duff & Phelps conducted in coordination with the Financial Executives Research Foundation.
Impairment of Long-Lived Assets
Duff & Phelps has considerable experience in the application of ASC 360 to assess the recoverability and fair value of long-lived assets, including property, plant and equipment and finite-lived intangible assets. The firm’s long history of intangible asset valuations for business combinations provides it with the foundation to effectively implement this two-step impairment test.
The recoverability of a long-lived asset is assessed in the context of a group of assets with the lowest level of identifiable cash flows over the economic life of the primary asset in the group. Duff & Phelps assists companies in identifying the appropriate grouping of assets and analyzes the projections to assess whether the undiscounted amounts provide for the recoverability of the asset or group.
To the extent that the asset or group is not recoverable an impairment loss is determined based on the difference between the carrying amount and fair value of the asset or group. Duff & Phelps determines the fair value of the asset or group based on appropriate methodologies. The team’s experience in purchase price allocations provides critical insight in apportioning any impairment to the respective assets of the group in accordance with ASC 360.
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