Understanding the Use of Discount Rate in the Assessment of Impairment in Goodwill
Goodwill is an intangible asset that typically arises in the context of business combinations.
June 19, 2024
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Financial Reporting Disclosures: Statement of Cash Flows
In the current uncertain and volatile economic environment, some entities face a downturn in their business, and this hence impacts their profit and liquidity position.
July 17, 2023
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Financial Reporting Disclosures: Going Concern Assessment and Disclosures
One of the key areas commonly reviewed by the MIA Financial Statements Review Committee (FSRC) is on the application of the “going concern” assumption…
