Assessing the quality of goodwill impairment testing by large Malaysian firms

Tyrone M. Carlin, Nigel Finch, Nur Hidayah Laili

Research output: Contribution to journalConference paperResearchpeer-review

Abstract

The new treatment for goodwill is a radical departure to the existing practice of reporting in Malaysia, with prepares having to deal with complex techniques for assessing impairment, and added disclosure requirements. Given the change, there exists the possibility of inconsistencies in disclosure quality. The purpose of this paper is to examine the level of compliance and assess the quality of disclosures made in accordance with this new standard. Using a sample of 36 of the largest Malaysian listed corporations as at 2006, we find significant levels of non-compliance and substantial variation in the quality of disclosures pertaining to impairment testing.

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Testing
Impairment
Large firms
Goodwill
Disclosure
Disclosure quality
Disclosure requirements
Malaysia
Noncompliance
Inconsistency

Cite this

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title = "Assessing the quality of goodwill impairment testing by large Malaysian firms",
abstract = "The new treatment for goodwill is a radical departure to the existing practice of reporting in Malaysia, with prepares having to deal with complex techniques for assessing impairment, and added disclosure requirements. Given the change, there exists the possibility of inconsistencies in disclosure quality. The purpose of this paper is to examine the level of compliance and assess the quality of disclosures made in accordance with this new standard. Using a sample of 36 of the largest Malaysian listed corporations as at 2006, we find significant levels of non-compliance and substantial variation in the quality of disclosures pertaining to impairment testing.",
author = "Carlin, {Tyrone M.} and Nigel Finch and Laili, {Nur Hidayah}",
year = "2009",
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journal = "Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute",
issn = "1098-2248",
publisher = "Western Decision Sciences Institute",

}

Assessing the quality of goodwill impairment testing by large Malaysian firms. / Carlin, Tyrone M.; Finch, Nigel; Laili, Nur Hidayah.

In: Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute, 2009.

Research output: Contribution to journalConference paperResearchpeer-review

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AU - Laili, Nur Hidayah

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AB - The new treatment for goodwill is a radical departure to the existing practice of reporting in Malaysia, with prepares having to deal with complex techniques for assessing impairment, and added disclosure requirements. Given the change, there exists the possibility of inconsistencies in disclosure quality. The purpose of this paper is to examine the level of compliance and assess the quality of disclosures made in accordance with this new standard. Using a sample of 36 of the largest Malaysian listed corporations as at 2006, we find significant levels of non-compliance and substantial variation in the quality of disclosures pertaining to impairment testing.

M3 - Conference paper

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T2 - Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute

JF - Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute

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