Purpose – Accounting and water industry experts are developing general-purpose water accounting (GPWA) to report information about water and rights to water. The system has the potential to affect water policies, pricing and management, and investment and other decisions that are affected by...

In this book, Jayne Godfrey and Keryn Chalmers explore the intricacies of the globalisation of accounting standards – arguably one of the most significant business developments of the wider globalisation process during the past two decades. They examine the key issues and implications of this...

We exploit a unique opportunity to examine whether goodwill impairment write-offs reflect firms' investment opportunities during the first years of the US goodwill impairment accounting regime. We find that impairment write-offs are negatively associated with firms' underlying investment...