Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting
Nowadays, with the fast development of economy goodwill has become an important intangible asset in the accounting. Goodwill has significant effects on both survival and development of the enterprise. Studying on goodwill accounting can help users with using accounting information, especially users...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2008
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/21927/ |
| _version_ | 1848792328812101632 |
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| author | Wang, Yilin |
| author_facet | Wang, Yilin |
| author_sort | Wang, Yilin |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Nowadays, with the fast development of economy goodwill has become an important intangible asset in the accounting. Goodwill has significant effects on both survival and development of the enterprise. Studying on goodwill accounting can help users with using accounting information, especially users of the outside of the enterprise to understand the real value of an enterprise. This can help an enterprise to use resources adequately and can increase the competitive capability of an enterprise on international market.
However, until now, some problems concerning about goodwill have not obtained a common understanding in the accounting field, such as the definition of goodwill, recognition self-generated goodwill and also some treatment method of purchased goodwill in the accounting. Therefore, in China, the Finance Ministry issued new Enterprise Accounting Standard in February of 2006. The stipulations for goodwill in the new accounting standard take great changes. Setting up the new regulation is for the China can able adapt the trend of internationalization development of modern enterprises and constant increasing of international merge and acquisition.
This article will discuss from the definition and factors of construction of goodwill and the synergy between integrant factors. And then find out some problems with the current accounting standard related with the goodwill, for example, not recognized the self-generated goodwill. This dissertation will consider the self-generated goodwill should be recognized. And then, focus on analysis the treatment method of goodwill, especially on Impairment test. By comparison and study on Chinese and international accounting standards, it will find effects of rules related to goodwill accounting on Chinese business operation achievements. And give some suggestion based on the frame structure, specify a whole set of goodwill accounting theory system that is suitable for economy development and can be carried out effectively in specific practices. |
| first_indexed | 2025-11-14T18:42:40Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-21927 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:42:40Z |
| publishDate | 2008 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-219272018-02-17T17:35:34Z https://eprints.nottingham.ac.uk/21927/ Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting Wang, Yilin Nowadays, with the fast development of economy goodwill has become an important intangible asset in the accounting. Goodwill has significant effects on both survival and development of the enterprise. Studying on goodwill accounting can help users with using accounting information, especially users of the outside of the enterprise to understand the real value of an enterprise. This can help an enterprise to use resources adequately and can increase the competitive capability of an enterprise on international market. However, until now, some problems concerning about goodwill have not obtained a common understanding in the accounting field, such as the definition of goodwill, recognition self-generated goodwill and also some treatment method of purchased goodwill in the accounting. Therefore, in China, the Finance Ministry issued new Enterprise Accounting Standard in February of 2006. The stipulations for goodwill in the new accounting standard take great changes. Setting up the new regulation is for the China can able adapt the trend of internationalization development of modern enterprises and constant increasing of international merge and acquisition. This article will discuss from the definition and factors of construction of goodwill and the synergy between integrant factors. And then find out some problems with the current accounting standard related with the goodwill, for example, not recognized the self-generated goodwill. This dissertation will consider the self-generated goodwill should be recognized. And then, focus on analysis the treatment method of goodwill, especially on Impairment test. By comparison and study on Chinese and international accounting standards, it will find effects of rules related to goodwill accounting on Chinese business operation achievements. And give some suggestion based on the frame structure, specify a whole set of goodwill accounting theory system that is suitable for economy development and can be carried out effectively in specific practices. 2008 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21927/1/08MAlexyw11.pdf Wang, Yilin (2008) Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting. [Dissertation (University of Nottingham only)] (Unpublished) Accounting Goodwill Chinese |
| spellingShingle | Accounting Goodwill Chinese Wang, Yilin Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting |
| title | Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting |
| title_full | Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting |
| title_fullStr | Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting |
| title_full_unstemmed | Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting |
| title_short | Challenges of Goodwill Accounting: Including Chinese Goodwill Accounting |
| title_sort | challenges of goodwill accounting: including chinese goodwill accounting |
| topic | Accounting Goodwill Chinese |
| url | https://eprints.nottingham.ac.uk/21927/ |