Intangibles: The Impaired Accounting Challenge
15 Pages Posted: 5 Jan 2017
Date Written: January 3, 2017
This paper examines the issue of perceived value generated by the assignment of financial value to intangibles in financial reporting. In particular, values assigned to goodwill and other intangibles in mergers and acquisitions are examined, and the impact of such intangible valuations as a potential misperception/misdirection as to true underlying entity value is examined.
Keywords: Accounting Principles Board (APB), Accounting Standards Codification (ASC), American Institute of Certified Public Accountants (AICPA), Financial Accounting Standards Board (FASB), Fair Market Value (FMV), Goodwill, Gordian Knot, Growth, Impairment, Intangibles, Market Share, Mergers and Acquisition
JEL Classification: G32, G34, G38, M40, M41, M42, M48, O16
Suggested Citation: Suggested Citation