Do big 4 auditors improve the ability of goodwill to forecast future cash flows? the Malaysian evidence

• Main Authors: Al-Hiyari, Ahmad, Abdul Latif, Rohaida, Amran, Noor Afza
• 格式: Article
• 出版: Virtus interpress 2016
• 主題: HF5601 Accounting
• 在線閱讀: http://repo.uum.edu.my/20865/; http://dx.doi.org/10.22495/cocv13i3c1p2
• 機構: Universiti Utara Malaysia

The accounting rules prescribed in Malaysian Financial Reporting Standard (MFRS) 3, Business combination, and (MFRS) 136, Impairment of Assets, give managers considerable reporting discretion in allocating goodwill and estimating its actual value. Agency theory predicts that managers may use the acc...