Determinants of goodwill amortization period
Article Abstract:
Guidelines made by the Accounting Principles Board Opinion 17 in 1970 requires that goodwill has to be amortized over periods which should not extend to over 40 years. Management is not allowed discretionary techniques. The study analyses the cross-sectional variation in goodwill practices by utilising independent variables in a regression analysis. Results show that the amortization period depends on firm size and leverage.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 1993
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In defence of positive accounting theory
Article Abstract:
R.R. Sterling is wrong in his interpretation of the positive accounting theories (PAT) presented by R.L. Watts and J.L. Zimmerman. Sterling, unlike the researchers, narrowly defines PAT. In addition, Sterling describes PAT as a search for evidence to support assumption, while the authors use assumptions to guide them in their search for answers.
Publication Name: Accounting Forum
Subject: Business
ISSN: 0155-9982
Year: 1997
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In further defence of positive accounting theory
Article Abstract:
A substantial argument has not been made against the positive accounting theory (PAT). Criticism of R.L. Watts and J.L. Zimmerman's theories may be convincing but no one has argued against doing descriptive or positive research in accounting.
Publication Name: Accounting Forum
Subject: Business
ISSN: 0155-9982
Year: 1997
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