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The Covid crisis has brought up many possible accounting issues. One of the most prevalent is the possible impairment of Goodwill and Long-Lived assets. Please
The Covid crisis has brought up many possible accounting issues. One of the most prevalent is the possible impairment of Goodwill and Long-Lived assets. Please write an explanation of how companies perform their goodwill impairment test and their test for long lived asset impairment - -indicators, when they need to test, the accounting requirements, effect on earnings etc
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