Rieter

IFBC was mandated by Rieter to conduct a review of the existing model for the annual goodwill impairment testing and to elaborate corresponding recommendations for further development. Simultaneously, a cost of capital concept was developed for Rieter. This includes the calculation principles for the individual cost of capital parameters as well as the handling of different currencies and country risks as a basis for the implementation of the goodwill impairment tests. Rieter is a globally leading supplier of systems for manufacturing yarn from staple fibers in spinning mills.