|کد مقاله||کد نشریه||سال انتشار||مقاله انگلیسی||ترجمه فارسی||نسخه تمام متن|
|359418||620162||2013||17 صفحه PDF||سفارش دهید||دانلود رایگان|
• IFRS case study utilizing a framework-based approach.
• Requires student to research actual IFRS standards.
• Questions progressively lead from broad concepts to specific regulations.
• Specific focus on recognition, measurement and subsequent treatment of goodwill.
• Practically applies broad accounting research to a real world corporation.
The case of Barrick Gold Corporation: Goodwill for Gold utilizes a framework-based approach to examine the objectives, underlying concepts, and relevant IFRS guidance applied to goodwill. The questions presented in the case study progressively lead from the broad concepts underlying the preparation of financial data, in general, to the International Accounting Standards concerning recognition, measurement, and subsequent treatment of goodwill, specifically IFRS 3, IAS 36, and IAS 38. It challenges you to determine if these standards are consistent with the underlying concepts set forth in the IFRS’s conceptual Framework. This case illustrates the importance of professional judgment in the standard setting process by requiring you to examine the IASB’s published supporting documents including the Board’s Basis for Conclusions. In addition, the case includes a practical application problem that requires you to determine the financial statement effects of the subsequent treatment of goodwill.
Journal: Journal of Accounting Education - Volume 31, Issue 4, December 2013, Pages 383–399