Zoekresultaten

Zoekopdracht: faculteit: "FEB" en publicatiejaar: "2007"

AuteurM. Alfons
TitelGoodwill accounting : the impact of SFAS 142 and IFRS 3 on earnings quality.
BegeleiderI. Goncharov
Jaar2007
FaculteitFaculteit Economie en Bedrijfskunde
SamenvattingThis thesis investigates the impact of the new accounting standards for goodwill on reported earnings, thus whether the implementation of SFAS 142 and IFRS 3 has improved the quality of earnings. In order to answer this question I analyse the earnings quality measures: relevance, reliability, persistence and earnings management. The impact of goodwill impairment on these measures relies on two main factors: (1) the increased discretion of management on goodwill valuation and (2) the increased volatility in reported earnings resulting from the fair value concept inherited in goodwill. However, these effects can be mitigated by regulation rules like the Sarbanes Oxley Act and the Code Tabaksblat. Also the consistency impregnated in financial accounting rules and external audit can reduce these effects.
Soort document scriptie bachelor
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