FINANCIAL REPORTING VALUATION | ASC 360
Long-Lived Asset Impairment Valuation
Cambridge Partners & Associates provides independent valuation services to support impairment analyses of long-lived assets and asset groups under ASC 360, Property, Plant, and Equipment. Our analyses assist companies in evaluating asset recoverability and, when required, determining fair value for financial reporting
When to Test a Long-Lived Asset for Recoverability
Market Price Decline
Market Price Decline
Market Price Decline
A significant decrease in the market price of a long-lived asset or asset group that may indicate a potential impairment.
Changes in Asset Use
Market Price Decline
Market Price Decline
A significant adverse change in how a long-lived asset is used, its expected use, or its physical condition.
Regulatory Changes
Market Price Decline
Unexpected Asset Costs
Significant adverse changes in legal factors, regulatory requirements, or the business climate that could affect an asset's value.
Unexpected Asset Costs
Unexpected Asset Costs
An accumulation of costs significantly exceeding those originally expected to acquire or construct a long-lived asset or asset group.
Cash Flow Losses
Current operating or cash flow losses, combined with a history of losses or forecasts indicating continuing losses associated with the asset or asset group.
Expected Sale or Disposal
An expectation that a long-lived asset or asset group will be sold or otherwise disposed of significantly before the end of its previously estimated useful life.
Independent Valuation Expertise
Cambridge Partners & Associates provides independent valuation analyses to support ASC 360 impairment testing and fair value measurement. We work with companies and their advisors to develop well-supported valuations for financial reporting purposes.