This paper examines the profit quality of a goodwill-intensive firm, Transpacific Industries Group Limited (ASX.TPI), by specifically focusing on critical judgments and disclosures relating to goodwill impairment. The term quot;profit qualityquot; is synonymous with terms such as quot;creative...

While the adoption of IFRS did not visit radical change upon all aspects of the financial accounting and reporting apparatus, this was not in the case of goodwill accounting and reporting, where almost every facet of prior practice was rendered redundant. Accordingly, careful scrutiny of the...

List of tables -- List of figures -- Acknowledgements -- Notes on contributors -- Chapter overview -- Strategic perspectives -- An overview of the business history of the international mining industry / Simon Mollan and David Kelsey -- The role of mining in the australian economy / Nigel Garrow...

Purpose – This paper aims to provide evidence relating to the potential for and extent of opportunistic exercise of discretion by large Australian and New Zealand reporting entities undertaking goodwill impairment testing pursuant to the International Financial Reporting Standards (IFRS)...