This study presents some evidence of discount rate selection on goodwill impairment testing under the new requirements … firms for the goodwill impairment testing with independently generated estimates of firm specific risk adjusted discount … employed the value in use method in goodwill impairment testing and defined only a single discount rate in 2007, 2006 and 2005 …

conducted under IFRS. The discretion surrounding rate selection could be used opportunistically to avoid or manage the timing of …

We use a case study to illustrate how different acquisition methods can result in different amounts of goodwill … shares in 2009. Using this method, China Merchants Bank recognised the acquisition premium as goodwill only in the first step …-step acquisition method significantly reduces the amount of goodwill shown on financial statements and lowers the likelihood and amount …

Prior research provides evidence that managers delay the reporting of goodwill impairments. This study builds on this … evidence by investigating whether managers use their private information regarding goodwill impairments to profit from trading … preceding formal announcement of goodwill impairments. In addition, we find that managers' selling activity is positively …

This paper investigates how fair value reporting and increased managerial discretion under the new goodwill accounting … financial reporting for firms with purchased goodwill has become more conservative after the enactment of the new standard …. However, once we control for an increase in conservatism that is not attributable to new goodwill accounting, we find that …

This study focuses on the disclosure of goodwill impairment process under the new requirements of FRS 136 – Impairment …'ah approved companies failed to comply with the most basic elements of the FRS 136 pertaining to goodwill impairment testing … especially in allocating goodwill into the CGUs and key assumptions used in determining the recoverable amount of CGU assets. The …

(IFRS) in 2005. The results indicate that impairment of goodwill is actually less value relevant than amortisation, but that … goodwill, with regards to their associated effects on accounting quality. Based on two qualitative characteristics of … this new method of goodwill accounting, following the required adoption of the International Financial Reporting Standards …

and its impairment. IFRS 3 (Revised) Business Combinations will create significant changes in accounting for goodwill, and … the major challenge concerns the goodwill. Is it an asset' How can it be measured' Which are the implications on fair … image of financial position and performances' Therefore, the accounting treatment of goodwill involves applying professional …

This study is the first to analyze the value relevance of goodwill impairment losses (GIL) in an international context … introduces a new explanation for heterogeneity in value relevance of goodwill impairments, and adds to research on the effects of …