cn anyone usin becker explain to me th concept of goodwill impairment ..and the example on pg F2-22?

i dnt get it how if 200000 is impaired the y is the loss 30000??

That example could be explained better by Becker. It was confusing for me as well.

Basically, after completing step #1 to see if an impairment exists, you then have to determine the fair value of the reporting unit. In this case, the fair value of Alpha is given at $480,000. It says that $460,000 worth of that total $480,000 can be assigned to the assets and liabilities (identifiable assets and liabilites). So, if only $460,000 can be assigned to the assets and liabilities, that means there is $20,000 assigned to Goodwill. Then compare this $20,000 implied goodwill to the recorded Goodwill that is provided in the beginning of the question, which is $50,000.

If implied goodwill is $20,000, the recorded goodwill should also be $20,000. But since it is currently recorded at $50,000, an impairment loss of $30,000 needs to be taken to reduce the recorded goodwill from 50k to 20k.

Hope this helps

hy got it thanks...