goodwill accounting, I examine the impact of SFAS 142 on the usefulness of goodwill write-offs and goodwill balances. I find …-setting as the FASB considers new alternatives for goodwill accounting …

focus on tax loss carryforwards enables a separation of the two relations, testing on the one hand, the relation between … recognized deferred tax assets are associated with lower future tax payments and higher non-usable tax loss carryforwards with … that deferred tax items for tax loss carryforwards reported under IFRS provide useful information about future outcomes and …