PERKEMBANGAN AKUNTANSI GOODWILL DARI DIVERSIFIKASI MENUJU KESERAGAMAN

Abstract

This paper aims to review the prior research related to change in
accounting treatment for goodwill from diversification to uniformity. Literature
review is used to organize this paper. The paper discusses and compares the
former accounting treatment used by countries around the world and the new
IFRS treatment for goodwill. The paper highlights that the new standard has
significantly changed the treatment for goodwill. According to IFRS 3, goodwill
acquired through a business combination is no longer amortized but tested for
impairment. Despite this standard has created a uniformed goodwill accounting;
however, there are still lots of debates due to considerable ambiguity and
subjectivity which inherent in impairment test. Findings suggest that future paper
should examine how financial statement preparers and auditor are dealing with
this new goodwill accounting treatment.