This paper reviews the empirical literature on the determinants and decision usefulness of
goodwill reporting. We structure our discussion around five guiding questions that reflect …

Goodwill in the accounting context represents amounts paid in excess of the fair value of the
identifiable net assets for a business acquisition. The accounting for goodwill has long been …

We review recent literature on the role of financial reporting transparency in reducing
governance-related agency conflicts among managers, directors, and shareholders, as well …

Earnings management is of great concern to corporate stakeholders. While numerous
studies have investigated the effects of various corporate governance and audit quality …

Based on extant literature, we review the positive theory of GAAP. The theory predicts that
GAAP's principal focus is on control (performance measurement and stewardship) and that …

SFAS 142 requires managers to estimate the current fair value of goodwill to determine
goodwill write-offs. In promulgating the standard, the FASB predicted that managers will, on …

Prior to SFAS 142, goodwill was subject to periodic amortization and a recoverability-based
impairment test. SFAS 142 eliminates periodic amortization and imposes a fair-value-based …

This study investigates the determinants of goodwill impairment decisions by firms applying
IFRS based on a comprehensive sample of stock-listed firms from 21 countries. Multivariate …

Using an accounting conservatism theory that reflects accounting's role in practice, we
investigate the relation between two extensively used measures of conservatism …

Securities and Exchange Commission (SEC) comment letters provide independent and
timely feedback on the clarity of disclosures and on the extent to which filings comply with …