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15:55 .7% chegg.com/homework-help/qui : PART C 1) Firms should conduct the impairment test for goodwill at least annually. Accounting standards require more frequent impairment testing if some events occurs. a) Identify the main events upon which goodwill undergoes a test for its impairment. (7 marks) b) Provide two recent examples from the real world for companies that made the goodwill impairment test and reported impairment charges (Excluding CVS Health Corporation & Dell Technologies Inc.). Your answer must be in a tabular format, and cover all the following points: Example 1 Example 2 Name of the company (1 mark) The year (1 mark) - The amount and details of these impairment charges as mentioned in the annual report - The URL(Internet address) of the annual report The page number(s) in the annual report. (6 Marks) The specific underlying business that required these companies to record the goodwill impairment charges. (10 Marks) (Answers not provided in a tabular format will be disregarded and any examples given dated before the year 2001 will not be considered. (18 marks) reasons 2) Provide examples from the real world for successful and unsuccessful mergers and acquisitions cases in recent years and state the specific reasons behind their success or failure. (Do not provide general reasons behind success or failure & only one example should be provided for each case, any examples given dated before the year 2001 will not be considered) (15 marks) Show transcribed image text This problem has been solved! See the answer 1 G +