Goodwill hunting

Article Abstract:

Australian accounting standards boards have jointly issued an exposure draft on business combinations for greater global convergence in financial reporting, which incorporates the changes to accounting for goodwill. The exposure draft covers three areas of accounting known in Australia as ED 109. Companies will be required to allocate acquired goodwill to cash generating units (CGUs).

author: Ravlic, Tom
Goodwill (Business)

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Once more into the breach

Article Abstract:

The adverse implications on non-compliance with the International Financial Reporting Standards that will soon cover Australian companies are discussed.

author: Rawlings, Nicole
Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Reporting & Disclosure, Financial Regulation & Reporting, International aspects, International Accounting Standards Board, Financial disclosure

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Changes afoot for share schemes

Article Abstract:

The implications of AASB 2 Share-based Payments standard, for employee share ownership programs are discussed.

author: Bean, Gerry, Coghlan, Matthew
Pension, health, and welfare funds, Pension Funds, Stock Ownership Plans, Employee-Owned Corps, Employee stock ownership plans

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subjects list: Standards, Australia, Laws, regulations and rules, Accounting and auditing, Accounting, Government regulation, Business enterprises
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