The value of a company’s asset, both tangible and intangible, could be impacted by external economic conditions and volatile financial markets. As a result, companies are required to measure and report the corresponding losses arising from impaired assets according to relevant accounting standard including HKAS/IAS 36 and US GAAP ASC 350. AVISTA offers business valuation and accounting expertise to conduct impairment testing on goodwill, tangible assets and definite/indefinite-lived intangible assets.