The adoption of A-IFRS has resulted in the introduction of fundamental changes to the Australian accounting and reporting regime for goodwill. The impairment testing led approach to goodwill reporting required under A-IFRS results in a materially different approach to goodwill valuation for...

Corporate governance deals with the legal and organizational structures that determine the way that a corporation is managed and how power is exercised within the corporate entity. Although corporate structures have been around for some time, there are few examples of corporations that have...

The purpose of this paper is to provide evidence relating to the potential for and extent of opportunistic exercise of discretion by large Australian and New Zealand reporting entities undertaking goodwill impairment testing pursuant to the IFRS framework. The research question is addressed...

List of tables -- List of figures -- Acknowledgements -- Notes on contributors -- Chapter overview -- Strategic perspectives -- An overview of the business history of the international mining industry / Simon Mollan and David Kelsey -- The role of mining in the australian economy / Nigel Garrow...

The introduction of an impairment test for goodwill under IFRS is seen as another step toward moving financial accounting and reporting from its traditional historical cost paradigm to one of fair value. This regulatory change has been the subject of a growing body of literature which has often...

This paper examines the disclosure of intangible assets by 'high user' industrial firms in the Australian market subsequent to the introduction in 2005 of AASB 136 and AASB 138. Using a sample of ten large industrial firms with combined intangible assets of $37,758 million as at 2006, the paper...