No More Worries!

image Our orders are delivered strictly on time without delay

Paper Formatting

  • Double or single-spaced
  • 1-inch margin
  • 12 Font Arial or Times New Roman
  • 300 words per page

No Lateness!

image Our orders are delivered strictly on time without delay

Our Guarantees


  • Free Unlimited revisions
  • Guaranteed Privacy
  • Money Return guarantee
  • Plagiarism Free Writing

Accounting expert

Read the Case of Goodwill Impairment at Jackson Enterprises (link below). After reading the case study, answer the questions provided.

Financial reporting personnel at Jackson Enterprises (JE) are in the process of completing year-end activities, including necessary adjusting of entries to the consolidated financial statements. While JE has not previously believed it necessary to adjust its recognized goodwill from the Dynamic and ZD acquisitions, the valuation of goodwill is, nonetheless, a prominent concern in the closing process. Assume you are asked to research the financial statement issues surrounding the goodwill recorded for the Dynamic and ZD subsidiaries.

Prepare a paper to address the questions below. In memorandum format, detail the issues involved, the judgements you made based on authoritative literature, and your recommendations for the direction of the goodwill valuation as it relates to Dynamic and ZD. In other words, does the evidence suggest further action is required in determining the appropriate valuation of goodwill? If so, what steps need to be taken?

Note: Remember that textbooks are not considered authoritative guidance in accounting research.

Identify and cite the relevant topics/subtopics from the FASB Accounting Standards Codification for this case.
Identify the specific accounting issue that you believe needs to be initially addressed for JE’s consideration of goodwill regarding both Dynamic and ZD.
What does the qualitative evidence from the case indicate about whether JE should perform the two-step impairment test? In your response, identify specific factors discussed in the Codification and relate them to the information provided to you in the case.
Beyond the assessment of qualitative factors, what other evidence should be considered for the purpose of the analysis? What does this information suggest? For Dynamic, what do you think is the most appropriate fair value amount to use in assessing the fair value of this reporting unit? Explain. Why is this important?
Based upon the information provided above, should Dynamic and ZD be combined or separated for the purposes of the goodwill analysis? Explain. Why is this important?
Based upon your initial analysis, do you think the $200 million goodwill balance (i.e., the $150 million for Dynamic and the $50 million for ZD) is the appropriate valuation for goodwill on the December 31, 2014 balance sheet of JE?

Sample Solution

Reason versus Confidence in Don Quixote All through the novel, Don Quixote experienced many diversion in his rough experience and his deceptions and attempted to persuade Gideon of the quest for his inept character. One of the reasonable highlights is Dr. Carrasco who clarified "There is no goliath, no knight, no knight, no 300-year knight." Ji Jude answered, foe! "This fleeting correspondence mirrors the genuine showdown of the novel, the explanation and the confidence. In any case, Don Quixote is over it. This is a book about books, perusing, composing, vision and realism, crude ... what's more, demise. Wear Quixote is irate. In view of his perusing that "his mind has run out," he can not separate reality from fiction. In any case, Cervantes is additionally investigating the unceasing discussion between through and through freedom and fate, utilizing Don Quijote's frenzy. The misinformed legend is really an individual who goes up against his breaking point and turns into a visionary. The sky is the limit, everybody has questions ... In the realm of new analysis, Don Quixote is the knight of confidence. This thought originates from his perusing, his perusing is insane ... he is not, at this point a peruser of a knight novel, he is a great experience entertainer of his own ... ... we are I can not understand it and I can not see it, we never recognize what this thoughtful respectable man put on his head: the unbelievable rudder of Mambrino, or a profane stylist ... he Knowing what he expounded on his life in an imaginary experience ... to scorn Don Quixote, the world concealed himself with the fixation of Don Quixote. Be that as it may, would someone be able to claim to be more regrettable than me? Are our cover uncovering our existence in a certifiable manner than our every day life? Words resemble air: they have a place with everybody or not to anybody ... (Carlos Fuentes, 1-27) See another book dependent on the soul of Cavaliers - Don Quixote. Wear Quixote was distributed by Miguel de Cervantes in 1605. This story records the craving to be a knight - Don Quixote - and his longing for the quest for the knight. His concern is that he has no well known work to begin with. Not at all like the fables he read, he doesn't have a mansion to develop or a princess to spare. Troy Helen can not protect. I can not attack Troy's town. So this book wound up turning into an anecdote about this silly - wear Quixote - and his deceptive conduct

Price Calculator

Single spaced
approx 275 words per page
Total Cost:

12% Discount


  • Research Paper Writing
  • Essay Writing
  • Dissertation Writing
  • Thesis Writing

Why Choose Us


  • Money Return guarantee
  • Guaranteed Privacy
  • Written by Professionals
  • Paper Written from Scratch
  • Timely Deliveries
  • Free Amendments