欢迎来到天天文库
浏览记录
ID:345664
大小:58.50 KB
页数:10页
时间:2017-07-26
《对可操控资产计提减值的审视【外文翻译】》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、本科毕业论文(设计)外文翻译外文出处AccountingHorizonsSep92,vol6,issue3,p30-41外文作者Lindaj.ZuccaandDavidR.Campbell原文:ACloserLookatDiscretionaryWritedownsofImpairedAssetTheCurrentEnviromentAnassetissaidtobe"impaired"whenitsbookvalueexceedssomemeasureofits"fair"value.Whenafirmrecognizesthisimpairmentandsubseque
2、ntlyrecordstheeffectbydecreasingthebookvalueoftheassetanddebitinganincomestatementaccount,thefirmhasrecordeda"writedown."GAAPclearlyallowsthesewritedownsinseveralsituations.First,certaincurrentassets,suchasmarketablesecuritiesandinventories,areexaminedperiodicallyandadjustedtothelowerofcos
3、tormarket.Similarly,longtermequityinvestmentsareadjustedperiodicallytothelowerofcostormarketalthoughtheincomestatementisnotaffectedbythewritedown.Finally,anylongtermassetsforwhichdisposaliscontemplated(includingassetsbeingsoldaspartofadiscontinuedoperation)areadjustedtotheirnetrealizableva
4、lue(exitmarketvaluelesscostsofsellingandreadyingforsale).ThesefinaltypiesofwritedownsareadequatelyaddressedbyAPB30,andthereappearstobenoconfusionontheapplicationoftherulestothesesituations,noranyreasontoreassessAPB30atthistime.Mostofthewritedownswhichafirmmightnormallyrecordwouldfallintoon
5、eofthesethreecategories.ThewritedownswhichtheFASBwouldspecificallytargetwiththeirpotentialregulationwouldbethosewhichdonot.TimingandMotivationAtthecurrenttime,partialwritedownsofimpairedlong-livedassetsarerecognizedatthediscretionofmanagement(andwiththesubsequentsupportoftheir10auditors).T
6、hus,itisimportanttoinvestigatewhenmanagementdecidesthattheimpairmentshouldherecordedandwhatmightmotivatethemtomakesuchadedsion.Itisverydifficulttoassessthefactorswhichmightmotivateamanagertorecordanydiscretionaryeventbecauseofthemanager'sinahilityorreticencetodescribethededsionprocess.Ofte
7、ntheresearchermustdrawconclusionsfromtheavailabledatatoprovideapparentmotivatingfactorsinthededsiontorecordtransactions.Inthispaper,earningsmanagementwillbeexaminedasapossibleexplanationforthetimingofandmotivationfordiscretionarywritedowns.Byobservingreportede
此文档下载收益归作者所有