"Valuation for Impairment Testing: The Finance and Accounting Professional's Guide to Valuing Reporting Units for Compliance with SFAS 142" offers a comprehensive analysis of compliance issues regarding SFAS 141 and 142 from a valuation perspective.

It serves as a how-to book for companies who choose to perform at least some part of their impairment testing internally, and as a valuable reference for any finance and accounting professional who needs to understand the valuation implications of the pronouncement.

According to Mercer Capital's CEO, Z. Christopher Mercer, ASA, CFA, “In addition to being an accounting standard, SFAS 142 is, in many respects, a valuation standard. Because of SFAS 142, it will now be necessary for finance and accounting professionals in reporting companies, and non-reporting companies that adopt the standard, to develop an understanding of many of the principles, methods, and techniques of business valuation.”

By writing this book, Mercer Capital fills a void for those that need practical guidance.