Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 57-65 |
| Number of pages | 9 |
| Journal | Academy of Taiwan Business Management Review |
| Volume | 8 |
| Issue number | 3 |
| Publication status | Published - Dec 2012 |
| Externally published | Yes |
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Measuring and recognizing the value of purchased goodwill : A note on market value measurement method. / Abeysekera, Indra.
In: Academy of Taiwan Business Management Review, Vol. 8, No. 3, 12.2012, p. 57-65.Research output: Contribution to journal › Article › Research › peer-review
TY - JOUR
T1 - Measuring and recognizing the value of purchased goodwill
T2 - A note on market value measurement method
AU - Abeysekera, Indra
PY - 2012/12
Y1 - 2012/12
N2 - Through a review of literature and with conceptual underpinnings, this paper demonstrates that relying on the market value measurement method to ascertain value of purchased goodwill does not contribute to more accurate value of the financial worth of the firm.It argues that the use of market value for the measurement of purchased goodwill for recognition in financial statements is a mere artifact and a response to the contemporary paradigm rather than a measure of the accurate financial worth of purchased goodwill. It demonstrates the need to seek a measurement method that does not impose a transaction as a necessary precondition for ascertaining the financial value of goodwill.
AB - Through a review of literature and with conceptual underpinnings, this paper demonstrates that relying on the market value measurement method to ascertain value of purchased goodwill does not contribute to more accurate value of the financial worth of the firm.It argues that the use of market value for the measurement of purchased goodwill for recognition in financial statements is a mere artifact and a response to the contemporary paradigm rather than a measure of the accurate financial worth of purchased goodwill. It demonstrates the need to seek a measurement method that does not impose a transaction as a necessary precondition for ascertaining the financial value of goodwill.
UR - http://www.jtiba.com/html/group-2012vo8_no3-issues.php
M3 - Article
VL - 8
SP - 57
EP - 65
JO - Academy of Taiwan Business Management Review
JF - Academy of Taiwan Business Management Review
SN - 1813-0534
IS - 3
ER -