Typically, a company reduces the value of its fixed assets steadily over time as its real estate, equipment, and other assets are used in the normal course of business. Sometimes, however, unexpected ...

Learn about impairment loss, its impact on assets, and how it is calculated when market value falls below book value in financial statements.

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Norwalk, Conn. -- The Governmental Accounting Standards Board has issued an exposure draft of a proposed standard on accounting and reporting for impairment of capital assets. If adopted, the standard ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Eric's career includes extensive work in both public ...

Intangible assets include operational assets that lack physical substance. For example, goodwill is a fixed asset, as are patents, copyrights, trademarks and franchises. A company's intangible assets ...

March 10 (Reuters) - Telforceone SA : * Resolved to recognise in its FY 2015 results an impairment of fixed assets which will reduce the company's financial result by 6.0 million zlotys ($1.52 million ...