Double accounting for goodwill : a problem redefined / Martin Bloom.

Format:

Book

Author/Creator:

Bloom, Martin, 1934-

Series:

Routledge New Works in Accounting History

Routledge new works in accounting history ; 9

Language:

English

Subjects (All):

Goodwill (Commerce).

Accounting.

Physical Description:

1 online resource (245 p.)

Place of Publication:

London ; New York : Routledge, 2008.

Language Note:

English

Summary:

Goodwill, sometimes purchased but often more significantly internally generated, is the major constituent of the value of many listed companies. Accounting aims to provide users of financial statements with useful information, and more than fifty current International Financial Reporting Standards prescribe accounting disclosure requirements in minute detail. However, these Standards dismiss internally generated goodwill with a single brief provision that it is not to be brought to account at all. The impairment regime now laid down for dealing with purchased goodwill contains severe flaws,

Contents:

Double Accounting for Goodwill A problem redefined; Copyright; Contents; List of tables; Preface and acknowledgments; Abbreviations; 1 An overview; 2 What is goodwill?; 3 Internally generated goodwill - 'Alice-in-Wonderland accounting'; 4 Purchased goodwill - historical treatment; 5 Impairment - the current conventional wisdom; 6 The Market Capitalization Statement (the MCS); 7 The MCS and CoCoA; Appendices; Bibliography; Glossary; Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. [214]-219) and index.

ISBN:

1-134-07388-7

1-283-58602-9

9786613898470

0-203-01459-6

1-134-07389-5

9780203014592

OCLC:

810077956