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dc.contributor.authorCavero Rubio, José Antonio-
dc.contributor.authorAmorós Martínez, Araceli-
dc.contributor.authorCollazo Mazón, Antonio-
dc.contributor.otherDepartamentos de la UMH::Estudios Económicos y Financieroses_ES
dc.identifier.citationSpanish Journal of Finance and Accounting / Revista Española de Financiacion y Contabilidad Volume 50, 2021 - Issue 2es_ES
dc.description.abstractUnder IFRS, an impairment test is the only method applied to reduce goodwill. However, while the IASB have asked for comments about re-introducing the systematic amortisation method, European directives have already adopted its application. In this dual regulatory framework, we examine whether there are significant differences between the two methods that could affect the comparability of financial statements and their ability to faithfully represent the firm performance. Using a sample of 90 Spanish-listed firms over the period 2004–2011, the panel data technique and t-Student test confirm that under the impairment test, firms are likely to maintain higher amounts of goodwill and not recognise any impairment loss. Consequently, ROA and ROE are higher and leverage is lower. In addition, findings suggest that firms do not correctly implement this method to transmit private information about their economic situation. Results show that the better firm performance is the larger goodwill impairment will be.es_ES
dc.publisherTaylor and Francis Groupes_ES
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internacional*
dc.subjectGoodwill amortisationes_ES
dc.subjectgoodwill impairmentes_ES
dc.subjectfinancial ratioses_ES
dc.subjectbusiness combinationses_ES
dc.subjecteffects of accounting practiceses_ES
dc.subject.otherCDU::6 - Ciencias aplicadas::60 - Cuestiones generales de las ciencias aplicadases_ES
dc.titleEconomic effects of goodwill accounting practices: systematic amortisation versus impairment testes_ES
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Artículos Estudios Económicos y Financieros


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