The adoption of IFRS in Malaysia has not changed all aspects of financial accounting and reporting. However, in regards to goodwill, the new accounting treatment represents one of the biggest challenges to Malaysian reporting entities as no such standard existed pre-IFRS adoption. The new...

This study sets out to offer proof of several important questions relating to the quality of information disclosed on goodwill impairment process under the new requirements of FRS 36. This study investigates the compliance level and disclosure quality of FRS 36 by top 20 of Singaporean listed...

This study focuses on the disclosure of goodwill impairment process under the new requirements of FRS 136 – Impairment of Assets. This primary objective of the study is to investigate the compliance level and disclosure quality of FRS 136 by the top 20 Shari'ah Approved Companies (ShAc) in...

This study presents some evidence of discount rate selection on goodwill impairment testing under the new requirements of FRS 36. The selection of discount rates is believed to be an important key factor that affects the outcome of impairment assessment, especially when using the method of value...

The highly prescriptive and technical provisions of Financial Reporting Standard (FRS) 136 – Impairment of Assets (FRS 136, 2009) represent a very substantial variation from past practice. This gives rise to questions about how Malaysian companies and their auditors have fared during the...