Value Evaluation Of Goodwill Impairment Test

With the development of science and technology and economy,the environment for the survival and development of enterprises has been constantly changing.In order to consolidate the position of the company in the industry,there are more and more mergers and acquisitions among enterprises.The question of valuation of goodwill arising from mergers and acquisitions and subsequent measurement problems have become inevitable problems.Judging from the current research situation,it is a trend to conduct goodwill impairment test on goodwill.As asset valuation has technical advantages in asset impairment measurement and is an independent third party,applying it to this helps to ensure the objectivity and fairness of accounting information.In terms of theory,goodwill impairment assessment and assessment services are in line with the traditional assessment business and both need to be guided by assessment theory and must comply with the relevant assessment criteria.But at the same time,it has certain specialities.Unlike the traditional asset appraisal value consulting business,the goodwill impairment test and appraisal business is a type of value appraisal service that serves corporate asset impairment accounting.The appraisal result will eventually be reflected in the company's financial statements.Accuracy requirements are higher.Moreover,in respect of the criteria,it must not only meet the requirements of the evaluation criteria,but also comply with the relevant accounting standards.The occurrence of the business of goodwill impairment testing and evaluation is an indication of a good convergence between asset valuation and accounting.As the business of goodwill impairment testing and evaluation business is still in its infancy in China,lack of practical experience,and most of the relevant norms and norms remain in the conceptual guidance.In practice,there are still many problems.Under such a realistic background,this paper systematically studies the evaluation of impairment test of goodwill.As the assessment of goodwill impairment test is an important part of asset impairment assessment,the article analyzes the generation of asset impairment assessment and the key elements.It also summarizes the goodwill and expounds the concept of goodwill and its main features.The third part of the article introduced the basic flow of goodwill impairment testing and evaluation,and gave a detailed description of each step,providing the basis for the fourth part of the case assessment.The fourth part of the article is to conduct a goodwill impairment test on Melng.In the evaluation process,the paper identifies the free cash flow of the company through a comprehensive analysis of the internal and external environment of the company.The latest research results of the theoretical community are used in the selection of the discount rate.Through the prediction of the dynamic capital structure,each year of the enterprise is obtained.Discount rate.Since Melng was doing well in the post-merger period,it did not ultimately cause the financial statements of Changhong to impair the goodwill of Melng.The evaluation of this part of the case hopes to provide some reference for the evaluators in conducting such business.At the end of the article,the development status of the current goodwill impairment test evaluation is analyzed,and the problems existing in the practice are analyzed,and corresponding suggestions are made on the causes of the problems.First of all,in the assessment process,the collection of information is very important.However,different platforms for collecting information from different organizations currently create different results.This results in a lack of fairness in the final assessment.In view of the inconsistent collection of assessment data,this paper proposes to standardize the database.Platform,establish a database with industry characteristics.Secondly,the appraisal personnel's assessment behavior is based on the evaluation criteria.The formulation of the evaluation criteria has a great influence on the final assessment results.At present,the assessment criteria and assessment guidelines do not make the necessary provisions and explanations for the impairment assessment of goodwill.In view of this situation,relevant standards should be improved,and they should not be used only for general regulation.The problems existing in the current practice should also be carefully regulated,and the evaluation guides should also be explained in detail.Thirdly,the formulation of the guidelines will play a guiding role in assessing the business.However,the level of practice of the assessors will have a great influence on the accuracy of the final assessment results.Therefore,the level of practice of assessors should be improved.Finally,the evaluation of impairment test of goodwill is a service that serves impairment accounting.It needs to be well connected with accounting and auditing.However,because the three belong to different fields,as far as the current situation is concerned,they should continue to be integrated and maintain consistency in the formulation of standards.