The accurate accounting for intangible asset impairment is crucial for the reliability of financial statements and stakeholders' decision-making. Intangible assets represent a significant portion of a company's value, and impairment testing and valuation directly impact financial statement accuracy. This research project aims to investigate the impact of accounting for intangible asset impairment on the accuracy of financial statements. The study will explore the accounting treatment of intangible asset impairment, its implications for financial statement accuracy, and the influence on stakeholders' decision-making. By analyzing the impact of accounting for intangible asset impairment on financial statement accuracy, this research seeks to provide insights into the challenges and opportunities associated with intangible asset valuation, impairment testing, and financial reporting, with implications for corporate governance, investor relations, and regulatory compliance. The findings of this research are expected to contribute to the existing body of knowledge in the field of accounting and finance, offering practical implications for intangible asset valuation, impairment testing, and informed decision-making in the context of the impact of accounting for intangible asset impairment on financial statement accuracy.