The value relevance and reliability of reported goodwill and identifiable intangible assets

We examine the value relevance and reliability of reported goodwill and identifiableintangible assets under Australian GAAP from 1994 to 2003; a period characterised byrelatively restrictive accounting treatment for goodwill and relatively flexible accountingtreatment for identifiable intangible ass...

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Main Authors: Dahmash, F., Durand, Robert, Watson, J.
Format: Journal Article
Published: Academic Press 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/19109
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author Dahmash, F.
Durand, Robert
Watson, J.
author_facet Dahmash, F.
Durand, Robert
Watson, J.
author_sort Dahmash, F.
building Curtin Institutional Repository
collection Online Access
description We examine the value relevance and reliability of reported goodwill and identifiableintangible assets under Australian GAAP from 1994 to 2003; a period characterised byrelatively restrictive accounting treatment for goodwill and relatively flexible accountingtreatment for identifiable intangible assets. Our findings, using an adaptation of Felthamand Ohlson (1995), suggest that for the average Australian company the informationpresented with respect to both goodwill and identifiable intangible assets is value relevantbut not reliable. In particular, goodwill tends to be reported conservatively while identifiableintangible assets are reported aggressively.
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institution Curtin University Malaysia
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publishDate 2009
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spelling curtin-20.500.11937-191092017-05-30T08:02:19Z The value relevance and reliability of reported goodwill and identifiable intangible assets Dahmash, F. Durand, Robert Watson, J. Reported goodwill Reliability Identifiable intangible assets We examine the value relevance and reliability of reported goodwill and identifiableintangible assets under Australian GAAP from 1994 to 2003; a period characterised byrelatively restrictive accounting treatment for goodwill and relatively flexible accountingtreatment for identifiable intangible assets. Our findings, using an adaptation of Felthamand Ohlson (1995), suggest that for the average Australian company the informationpresented with respect to both goodwill and identifiable intangible assets is value relevantbut not reliable. In particular, goodwill tends to be reported conservatively while identifiableintangible assets are reported aggressively. 2009 Journal Article http://hdl.handle.net/20.500.11937/19109 Academic Press restricted
spellingShingle Reported goodwill
Reliability
Identifiable intangible assets
Dahmash, F.
Durand, Robert
Watson, J.
The value relevance and reliability of reported goodwill and identifiable intangible assets
title The value relevance and reliability of reported goodwill and identifiable intangible assets
title_full The value relevance and reliability of reported goodwill and identifiable intangible assets
title_fullStr The value relevance and reliability of reported goodwill and identifiable intangible assets
title_full_unstemmed The value relevance and reliability of reported goodwill and identifiable intangible assets
title_short The value relevance and reliability of reported goodwill and identifiable intangible assets
title_sort value relevance and reliability of reported goodwill and identifiable intangible assets
topic Reported goodwill
Reliability
Identifiable intangible assets
url http://hdl.handle.net/20.500.11937/19109