Typically, a company reduces the value of its fixed assets steadily over time as its real estate, equipment, and other assets are used in the normal course of business. Sometimes, however, unexpected ...

Norwalk, Conn. -- The Governmental Accounting Standards Board has issued an exposure draft of a proposed standard on accounting and reporting for impairment of capital assets. If adopted, the standard ...

Ford Motor Co. said Tuesday it expects to book an impairment charge of $800 million to $900 million related to fixed assets in its India Automotive operations. The charge is required based on held-for ...

Pro rata is the proportional allocation of revenues, expenses, assets and liabilities to entities based on each entity's original share of the total amount. Pro-rata reduction is the proportional ...

This is a nonrecurring and non-cash-charge It has no impact on our liquidity or market and credit risk position This had no impact on our Common Equity Tier I capital, on a fully loaded basis, under ...

A company cannot deduct the entire cost of a long-lived asset -- one with a lifetime more than one year long -- all at once. Rather, it must space out the deductions over the useful lifetime of the ...

March 10 (Reuters) - Telforceone SA : * Resolved to recognise in its FY 2015 results an impairment of fixed assets which will reduce the company's financial result by 6.0 million zlotys ($1.52 million ...

Fixed asset impairment occurs when asset market value drops below its book value. To detect impairment, compare asset's book value against its recoverable amount. If impaired, reduce book value on ...