FASAB Issues Standards on Asset Impairment

You will see standard SSFAS 44 at this link.   The standard is 72 pages in length and was released Jan 3, 2013.   It lets users see impairment as it occurs and the impact on the reporting entity.  http://www.fasab.gov/accounting-standards/authoritative-source-of-gaap/accounting-standards/fasab-handbook/