An ongoing, unresolved heated debate in accounting practice relates to whether capitalization of development costs should be allowed. This study contributes to the debate by developing a new approach to examining the implementation of development costs capitalization in the second largest...

Within the growing literature on goodwill impairment testing under the IFRS framework, the topic of discount rate selection choice by reporting entities has been particularly controversial. Some previous researchers, notably Carlin & Finch (2009) have argued that there is credible evidence to...

The transition to IFRS based reporting has resulted in fundamental departures from many of the long accepted norms embedded in indigenous GAAP systems now superseded in IFRS adopting jurisdictions. The rules relating to goodwill accounting, measurement and reporting represent an excellent case...