Our managers currently conduct our impairment testing. What value can bgv group add to the process?
For compliance best practice reasons, we strongly advise companies to engage an independent expert to assist in goodwill impairment testing. This is because AASB 136 provides that management’s projections must be “reasonable and supportable” with “greater weight given to external evidence”. bgv group can provide an independent assessment to ensure that these requirements are met.
