Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10493541 | Journal of Business Research | 2005 | 9 Pages |
Abstract
In 2001, the Financial Accounting Standards Board (FASB) issued a standard that eliminated the amortization of goodwill and instead requires that it be tested annually for impairment. This study examines the appropriateness of the elimination of systematic goodwill amortization by testing market valuations of goodwill. While only weak support for the initial impairment of goodwill is found, strong evidence of subsequent impairment is found. These results support the elimination of goodwill amortization by accounting regulators.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Natalie Tatiana Churyk,