Audit Insights

Simplifying the Test for Goodwill Impairment

The Financial Accounting Standards Board (FASB) recently issued an update, ASU 2017-04, Simplifying the Test for Goodwill Impairment, that is designed to reduce the cost and complexity of accounting for goodwill impairment.

Read the article from the Summer 2017 GYF Perspectives.

GYF News

Grossman Yanak & Ford LLP, a certified public accounting and consulting firm, was founded in 1990. The firm is led by seven partners and serves clients in Pittsburgh and the surrounding region.

Crypto Accounting and Disclosure

IRS Direct File Program Now a Permanent Option for More Taxpayers

IRS Inflation Adjustments for Tax Year 2025

Subscribe to RSS

Get RSS feed notifications when updates are posted on the GYF Insights blog

Contact us to find out more

By submitting this form, you agree to the terms for our collection and use of your data as set forth in our privacy policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Please visit our cookie policy for further details

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Cookie	Duration	Description
_ga	2 years	This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors.
_gat_gtag_UA_60038340_2	1 minute	This cookie is installed by Google Analytics The cookie is used to throttle the request rate.
_gid	1 day	This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visited in an anonymous form.