Reporting Unit Fair Value Archives - SkillAbility

By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | SkillAbility for Accounting Firms Last updated: September 2, 2026  |  34-minute read TL;DR — The Short Answer Goodwill impairment training should teach accountants to prove whether a reporting unit’s goodwill remains recoverable—not treat the annual impairment test as a valuation report that accounting