Steve Yeah right We had to shut the old Scher Company operations down this year because those products were no longer selling Thus our auditor is going to insist that we write off the 9000000 of goodwill to reflect the impaired value Kim We cant have thatat least not this year Do everything you can to push back on this one We just cant take that kind of a hit this year The most we could stand is 5000000 Steve keep the writeoff to 5000000 and promise anything in the future Then well deal with tha

Answer rating: 100% (QA)

I would remind Kim that it would be unethical to delay a writeoff with the following informationThe ... View the full answer