home | my account | join | sponsorship | about | press | contact | jobs at FEI | financial executive

Welcome to Financial Executives International, the preeminent association for CFOs and other senior finance executives. FEI provides
networking, advocacy and timely updates and CPE on financial management and reporting; Sarbanes-Oxley Act compliance; regulatory updates
from the SEC, FASB, PCAOB and IASB; as well as career management and executive-level and other finance & accounting jobs.
chapters
/ferf
about ferf
annual report
trustees
recognition
donate
ferf publications
cpe
newsletters
contact
research guidelines
research sponsorship
sec disclosures
CFO outlook survey
FELIX
Share a link

If you think of an additional area that should be included, or would like to suggest a new link, please e-mail Bill Sinnett at bsinnett@fei.org.

Research Help

can't find what you're looking for?

ask ferf



knowledge center

« back to the Knowledge Center

Asset Impairment

The Financial Accounting Standards Board (FASB) sets the U.S. accounting standards for financial reporting. Its Web site provides information on technical projects and publications.

The following FASB pronouncements deal with issues of asset impairments:

  • FAS 60, Accounting and Reporting by Insurance Enterprises
  • FAS 65, Accounting for Certain Mortgage Banking Activities
  • FAS 114, Recognition of Impairment
  • FAS 115, Accounting for Certain Investments in Debt and Equity Securities
  • FAS 118, Accounting by Creditors for Impairment of a Loan
  • FAS 144, Accounting for the Impairment or Disposal of Long-Lived Assets

A summary of each Statement is provided here.


« back to the Knowledge Center
networking, knowledge, advocacy & leadership