introduction of IFRS guarantees consistency and compliance in practice. Given that goodwill impairment testing under IFRS presents …'s adoption of IFRS, an alarmingly high rate of non compliance with HKAS 36 still exists among these goodwill-intensive firms …Several studies have suggested that the adoption of IFRS can enhance the quality of financial reports, in turn …

discretion by large Australian and New Zealand reporting entities undertaking goodwill impairment testing pursuant to the IFRS … one of a limited number of empirical studies into the effect of the IFRS goodwill impairment testing regime in practice in …. The results raise doubts as to the efficacy of the IFRS impairment testing process in practice and suggest the need for …

Under IFRS, managers can use two approaches to increase the estimated fair value of goodwill in order to justify not … countries that are likely to delay recognizing goodwill impairment (suspect firms) to a sample of control firms. First, we find … that firms in high enforcement countries use a higher discount rate to test goodwill for impairment than firms in low …

I find that goodwill write-offs under Statement of Financial Accounting Standards No. 142 (SFAS 142) are associated … with future expected cash flows as mandated by the standard. However, there are indications that goodwill write-offs lag … behind the economic impairment of goodwill. Additional analysis reveals that the association between goodwill write-offs and …

The mandatory use of IFRS by all publicly listed companies in the European Union created challenges for accounting and … reporting of business combinations, goodwill impairment and disclosures for these items. Major issues are allocation of amounts … to goodwill and specific intangible assets arising from acquisition. This study presents an in-depth exploration of …

This paper aims to examine the abilities of goodwill and its impairment write-offs in predicting future expected cash … flows. Using a sample of Korean listed firms which reported a positive goodwill balance during the period of 2011 to 2014 …, we observe positive associations between goodwill balance, impairment write-offs, and up to two-year-ahead cash flows …

This study examines if financial reporting for income tax expense affects the timeliness of goodwill impairments …. Goodwill impairments are an important signal of expected future cash flows, yet their timing is subject to managers' discretion …. U.S. GAAP requires that firms test all goodwill for impairment, but tax laws allow recognition and amortization of only …

accounting discretion inherent in goodwill impairment decisions under the IFRS. More specifically, we investigate whether, in …A major concern with the adoption of International Financial Reporting Standards (IFRS) is the accounting discretion … allowed under the IFRS, and its potential opportunistic use by managers. We examine the role of corporate governance in the …

goodwill has taken center stage and has become a hot topic.This paper investigates and compares the disclosure level of the … goodwill impairment testing process during 2007-2011 in the major listed companies in the UK. The authors review the annual … Exchange and recognized goodwill as an asset; then, they examine all the information provided by the companies about the …

We examine the patterns of goodwill impairments in Europe and in the US over the period from 2006 to 2015, for a sample … of more than 35,000 firm-year observations. We define the timeliness of goodwill impairments as the frequency of … three metrics: equity market value minus equity book value less than goodwill, market-to-book smaller than one, and negative …