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Full-Text Articles in Business
International And National Standards And Norms Of Financial Reporting: Monopoly Or Competitive Coexistence, Shyam Sunder
International And National Standards And Norms Of Financial Reporting: Monopoly Or Competitive Coexistence, Shyam Sunder
Shyam Sunder
No abstract provided.
Implications Of The Ifrs Goodwill Accounting Treatment, G Wines, R Dagwell, Carolyn Windsor
Implications Of The Ifrs Goodwill Accounting Treatment, G Wines, R Dagwell, Carolyn Windsor
Carolyn Windsor
Purpose – This paper aims to critically examine the change in accounting treatment for goodwill pursuant to international financial reporting standards (IFRSs) by reference to the Australian reporting regime.
Design/methodology/approach – The paper discusses and compares the former Australian and the new IFRS treatments for goodwill. This comparison focuses on the advantages and potential complexities of the new method, with the aim of identifying the issues and challenges that preparers, independent auditors and those involved in corporate governance face in complying with the new requirements.
Findings – The paper highlights that the identification and valuation of cash-generating units and goodwill …