Intangibles: The Impaired Accounting Challenge

15 Pages Posted: 5 Jan 2017

See all articles by John H. Nugent

John H. Nugent

Texas Woman's University - College of Business; Texas Woman's University College of Business

Dr. Alex Pomelnikov

Texas Woman's University

Kerry Webb

Texas Woman's University

Date Written: January 3, 2017

Abstract

This paper examines the issue of perceived value generated by the assignment of financial value to intangibles in financial reporting. In particular, values assigned to goodwill and other intangibles in mergers and acquisitions are examined, and the impact of such intangible valuations as a potential misperception/misdirection as to true underlying entity value is examined.

Keywords: Accounting Principles Board (APB), Accounting Standards Codification (ASC), American Institute of Certified Public Accountants (AICPA), Financial Accounting Standards Board (FASB), Fair Market Value (FMV), Goodwill, Gordian Knot, Growth, Impairment, Intangibles, Market Share, Mergers and Acquisition

JEL Classification: G32, G34, G38, M40, M41, M42, M48, O16

Suggested Citation

Nugent, John H. and Pomelnikov, Alex and Webb, Kerry, Intangibles: The Impaired Accounting Challenge (January 3, 2017). Available at SSRN: https://ssrn.com/abstract=2893282 or http://dx.doi.org/10.2139/ssrn.2893282

John H. Nugent (Contact Author)

Texas Woman's University - College of Business ( email )

Denton, TX
United States
214-682-8025 (Phone)

Texas Woman's University College of Business ( email )

Denton, TX
United States
214-682-8025 (Phone)

HOME PAGE: http://www.twu.edu

Alex Pomelnikov

Texas Woman's University ( email )

Denton, TX
United States

Kerry Webb

Texas Woman's University ( email )

Denton, Texas
United States

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