In the years since FAS 141 (now codified as ASC 805, Business Combinations) was implemented in 2001, the vast majority of business combinations have resulted in the recognition of goodwill or have been goodwill/bargain...more
Find out why companies making technology-based acquisitions should be prepared with defensible and supportable valuation analyses that can stand up to scrutiny....more
Market equity prices and indices continued to decrease for many energy companies during 2020. For instance, between January 13, 2020, and December 31, 2020, the S&P Oil & Gas Exploration and Production Select Industry...more
1/21/2021
/ Balance Sheets ,
Business Assets ,
Equity Markets ,
Exploration and Production Assets ,
Goodwill ,
Index Funds ,
Loss of Goodwill ,
Oil & Gas ,
Privately Held Corporations ,
Publicly-Traded Companies ,
S&P
As you evaluate the impact of COVID-19 on your business, it’s important to consider these questions around goodwill and asset impairment testing....more
Over the last few years, technology has become increasingly more prominent in the extraction and production of oil and natural gas. Oilfield service and drilling providers have worked to develop greater technological...more
6/5/2018
/ Accounting Standards ,
Audits ,
Exploration and Production Assets ,
Natural Gas ,
Oil & Gas ,
PCAOB ,
Purchase Price ,
Research and Development ,
Resource Extraction ,
Valuation ,
Well Drilling