Carte Goodwill Impairment Thorsten Sellhorn

Goodwill Impairment

An Empirical Investigation of Write-offs Under SFAS 142

Limbă: engleză
Legare: Carte broșată
Editura: Peter Lang GmbH
Disponibilitate: În depozitul extern
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In 2001, goodwill amortization in the US was eliminated in favor of an impairment-only approach, whi...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2004
Pagini
350
EAN
9783631527078
ISBN
9783631527078
Enbook ID
10022793
Editura
Greutate
602
Dimensiuni
241 x 172 x 22

Descriere completă

In 2001, goodwill amortization in the US was eliminated in favor of an impairment-only approach, which, according to critics, gives managers vast discretion and opportunities for earnings management. Prior research suggests that discretionary asset write-offs are associated with economic factors and managers' financial reporting objectives. Based on a systematic literature review, this study investigates for a comprehensive sample of US firms the determinants of goodwill write-off behavior. Regression analysis shows that write-off behavior is significantly explained by firms' economic properties. Only in large, high-profile firms, incentives appear to be significant determinants. These findings suggest that the impairment-only approach does capture goodwill impairment at least to some extent.

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