Professional Documents
Culture Documents
International Business
Combinations, Goodwill, and
Intangibles
FASB
Consolidated Financial
Statements
Consolidation Methods
Line-by-line
for approach
Proportionate ownership method
One-line
More
Purchase Accounting
Pooling-of-interests
Pooling-of-Interests
Accounting
What
Pooling-of-interests
The Treatment of
Nonconsolidated Subsidiaries
Equity
Cost
Method
Method
Book
International Accounting
Standards
Problems
International
Provides
Fairly
Countries
Many
and Prospects
Cash
international importance
Academic research and cooperation between
standard-setting agencies are needed in this
area
Intangible Assets and the Balance Sheet
Goodwill
Only
Accounting
Methods
Goodwill
Conclusions
brands be capitalized?
Restore equity
Enhance borrowing capacity
Facilitate takeovers without consultation with
shareholders (U.K.)
Avoid undervaluation of firms
of Accounting
Current
Accounting Standards
IAS 38
Expense as incurred
Germany and U.S. (software exception in U.S.)
Capitalize Development Costs
Canada, India, U.K.
Capitalize all R&D Costs
Greece, Italy, Japan, Sweden
Multiple methods allowed
Brazil, Hong Kong, Spain, Thailand
Accounting Standards
IAS 38