• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD

This product is currently not available for purchase.

RELATED PRODUCTS

EMPIRICAL STUDIES RELATED TO GOODWILL ACCOUNTING IN THE UK. Edition No. 1 - Product Image

EMPIRICAL STUDIES RELATED TO GOODWILL ACCOUNTING IN THE UK. Edition No. 1

  • ID: 1908230
  • September 2009
  • Region: United Kingdom, Great Britain
  • 224 Pages
  • VDM Publishing House

The vast majority of UK companies took advantage of the option allowed in SSAP 22 which allowed purchased goodwill to be written off to reserves rather than being capitalised and amortised before FRS 10 was issued in 1997. This study examines four issues related to the change in the UK accounting regime. The questions addressed by this study are as follows. First, is purchased goodwill value-relevant, regardless of whether it is capitalised or immediately written off to reserves? The test goes further to examine if capitalised goodwill is incrementally value-relevant beyond the undifferentiated aggregate amount of capitalised goodwill and uncapitalised goodwill. Second, if goodwill is viewed as an asset, is there any evidence in the association between market value and previously acquired goodwill of different ages and in the association between earnings and previously acquired goodwill of different ages that goodwill diminishes in value through time. Third, what are the characteristics of companies that elect to early adopt FRS 10? Fourth, why do companies choose to reinstate previously written-off goodwill when following FRS 10? The results should be helpful to IFRS adopters.

Note: Product cover images may vary from those shown

Victoria, Wang.
Victoria Shao-Pin Wang, Ph.D. in Accounting and Finance, Lancaster University, holds also a CPA license in Taiwan. Dr. Wang is currently an assistant professor in National Chung Hsing University, Taiwan. Her main research deals with market reaction to accounting information, especially in the area of intangible assets.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

Our Clients

Our clients' logos