Goodwill Impairment Testing and FASB ASC 805 Projects - Financial Reporting Purposes

When a publicly-traded health IT company made its first significant acquisition, management turned to Stout as their trusted advisor in connection with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805, Business Combinations (FASB ASC 805) and Topic 820, Fair Value Measurement (FASB ASC 820).  They looked for an advisor who could deliver a smooth process internally and externally with the audit review.  As a result of the first project, the company subsequently hired Stout for goodwill impairment testing and additional FASB ASC 805 projects.  They rely on Stout not only for financial reporting projects but also as a valuable resource for other valuation insights. The company provides cloud-based platforms empowering a data-driven transformation from volume-based to value-based models throughout the healthcare industry. The company through large-scale data interconnectivity capabilities, unparalleled proprietary data sets, advanced analytics, data-driven intervention systems, and industry-leading subject matter expertise, enables the assessment and improvement of clinical and quality outcomes, and financial performance across the healthcare ecosystem.

Related Professionals

All Related Professionals