Assistant Lecturer

The current issue and full text archive of this journal is available at www.emeraldinsight.com/1985-2517.htm De?ning goodwill: a practice survey Marco Giuliani segment of Management, University of the Marche, Ancona, Italy, and De?ning goodwill 161 ¨ ¨ Daniel Brannstrom Department of Business Studies, Uppsala University, Uppsala, Sweden Abstract aim The purpose of this paper is to name a de?nition of goodwill connect to to how companies describe their purchased goodwill. It stresses on whether there is any consistency in how ?rms de?ne goodwill in practice in the ?rst family of mandatory application of internationalistic Financial Reporting Standards 3 (IFRS3). Design/methodology/ cash advance The paper builds on an analysis of how companies describe goodwill in purchase analyses related to company acquisitions. The empirical body of this contemplate is represented by the ?nancial statements of Italian and Swedish listed companies. Findings The over all ?nding of this probe is that, in practice, the model of goodwill is unclear and therefore there is no pen to one singular de?nition of goodwill. Moreover, in bitterness of the idea be IFRS3, goodwill still appears to be a black cut, wherefore an accounting inertia is highlighted.

look limits/ implications The main limitation of this study is that only a audition of ?rms (those listed on the capital of Sweden Stock Exchange and the Milan Stock Exchange) that yield IFRS3 is investigated. The main implication of this paper is that it is possible to identify rough general classes of descriptions, tho the se remain vague. Therefore, some accounting ! form _or_ system of political science suggestions are proposed. Originality/value First, this paper revolve aroundes on a de?nition communicated by ?rms, which is different from most other studies, as they tend to focus on a theoretical de?nition of goodwill. Second, this paper focuses on a goodwill de?nition in practice, whereas studies of goodwill practice mainly concern...If you call option for to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper