DeVry ACCT 405 Week 4 Analysis Case
In 2015 Microsoft Corporation reported a $5.1 billion charge for the impairment of goodwill and a $2.2 billion charge for the impairment of intangible assets in one of its reporting units (segments) in its 10-K annual report. Referring to Microsoft’s 2015 financial statements and any other information from the media, address the following:
Name: Jennifer Lucas
Status: Online ⬤
Classes Taken: 3878
- Microsoft’s segments serve as its reporting units for assessing goodwill for potential impairments. Which segment suffered a 2015 impairment? Describe the revenue model for this segment.
- What were the underlying business reasons that required Microsoft to record a goodwill impairment in 2015?
- How did Microsoft reflect the 2015 goodwill impairment in its income statement and cash flow statement?
- Describe in your own words the goodwill impairment testing steps performed by Microsoft in 2015 and the consequent loss measurement.
Be sure to use 4 quality resources and proper APA format for this assignment.