Add to favorites
When an investor records an other-than-temporary impairment charge for an equity method investment, the impairment charge should generally be included as a component of the investor's share of the earnings or losses of the investee.
In the absence of prescriptive disclosure requirements for an other-than-temporary impairment under ASC 323, a reporting entity may consider disclosing the following in the notes to the financial statements in the period in which it recognizes an other-than-temporary impairment:
  • A description of the impaired equity method investment and the facts and circumstances leading to the impairment, and
  • The amount of the impairment loss included in the investor’s share of earnings or losses of the investee
See FSP 20.3 for the required disclosures for assets measured at fair value on a non-recurring basis.

Welcome to Viewpoint, the new platform that replaces Inform. Once you have viewed this piece of content, to ensure you can access the content most relevant to you, please confirm your territory.

Your session has expired

Please use the button below to sign in again.
If this problem persists please contact support.

signin option menu option suggested option contentmouse option displaycontent option contentpage option relatedlink option prevandafter option trending option searchicon option search option feedback option end slide