haku: @indexterm GOODWILL ACCOUNTING / yhteensä: 54
viite: 7 / 54
| Tekijä: | Schulze, W. |
| Otsikko: | The information content of goodwill-impairments under FAS 142: Implications for external analysis and internal control |
| Lehti: | Schmalenbach Business Review
2005 : JUL, VOL. 57:3, p. 276-297 |
| Asiasana: | finance accounting standards goodwill accounting information control performance measurement |
| Kieli: | eng |
| Tiivistelmä: | Financial Accounting Standard Board (FASB) has revolutionized the accounting for business combinations with its standards of FAS 141 and FAS 142. One of the major changes is the abolishment of goodwill-amortization, replaced by an annual impairment (here as: impr.) test at the level of a reporting unit. The new regulation is intended to improve the information content (here as: info-c.) of goodwill accounting. This paper investigates the info-c. of an impr. from the perspective of external or internal (as: ext-int.) financial analysis. It is examined how impr. losses resulting from FAS 142 are to be treated and interpreted in the ext-int. performance analysis. It is shown that an impr. can be due to several reasons, not just to a deteriorating economic performance. Especially, the way the impr. test is conducted according to FAS 142 may lead to a discrimination of economically viable investment projects. |
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