Day, Ron; Hartnett, Neil - In: Pacific Accounting Review 11 (1999) 1/2, pp. 193-218
This paper examines the controversy surrounding the use of the Inverted‐Sum‐Of‐Years‐Digits (ISOYD) method of goodwill amortisation and events leading to its banning by the Australian accounting regulatory bodies. Companies using the method claimed that a prohibition would reduce their...