Beth Paul

Beth Paul, Deputy Chief Accountant in PwC's National Office, and host Heather Horn discuss key topics on impairments of long-lived assets, including identifying asset groups, impairment triggering events, recoverability tests, considerations for the test, measuring and allocating impairment loss. They provide insights on complexities and fair value considerations, exclusions under ASC 360, determining asset group levels, cash flow considerations, calculating impairment loss, fair value assessment, and market participant assumptions in impairment testing.

Beth Paul, Deputy Chief Accountant in PwC's National Office, discusses the treatment of long-lived assets held for sale, covering impairment models, disposal group identification, and considerations when measuring impairment. The podcast explores accounting implications of AOCI and NCI, differences between selling a business and an asset, and accounting for the sale of nonfinancial assets.