Eugene E. Comiskey and Charles W. Mulford
The purpose of this paper is to examine the assessment process for goodwill impairment. The paper evaluates compliance with goodwill impairment tests required under the Statement…
Abstract
Purpose
The purpose of this paper is to examine the assessment process for goodwill impairment. The paper evaluates compliance with goodwill impairment tests required under the Statement of Financial Accounting Standard 142 and International Accounting Standard 36, highlighting challenges encountered in complying with these standards. The paper explores areas in which improvements might be made in both goodwill‐impairment compliance and disclosures and identifies areas for future research.
Design/methodology/approach
The method is exploratory in nature. A combination of data collection, analysis, and interpretation is employed.
Findings
The research highlights a number of features of the impairment testing and measurement process that make implementation a challenge. Triggering events are many and vary greatly in significance and severity. Different valuation models are used and there is little conformity in the selection of discount rates. In some cases, though not consistently, control premiums are used to enhance the indicated market values of reporting units. Some firms may even deny the need for an indicated impairment charge. In all of the cases examined, the paper notes the need for judgmental estimates and the possibility that these estimates might be managed to alter or avoid goodwill impairments, limiting the comparability of results across firms.
Practical implications
The findings will provide feedback to standard setters and practicing professionals in an effort to improve practice. For investors and creditors, the results should prove helpful in evaluating the likelihood of goodwill impairments. For researchers, the paper identifies certain questions that may provide fruitful avenues for further investigation.
Originality/value
The findings are based on an examination of a large sample of current filings of public companies that has yet to be performed. The observed richness and variation in the practices employed and disclosures provided both broaden and deepen our understanding of goodwill impairment accounting.
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This paper contends that, contrary to conventional wisdom, it may be rational to manage translation exposure. Accounting procedures for the translation of foreign currency…
Abstract
This paper contends that, contrary to conventional wisdom, it may be rational to manage translation exposure. Accounting procedures for the translation of foreign currency accounts influence the reported income of a multi‐national firm. With non‐zero agency costs, reported income impacts real costs. In such cases, therefore, it may be rational to hedge translation exposure. Empirical evidence of agency costs and the managerial tendency to report higher levels of translated income, based on the early adoption of Financial Accounting Standard No. 52, is presented.
Andrew W. Lai and Bernard J. La Londe
The purpose of this monograph is to examine the types of data that are required in the design and analysis of physical distribution systems, and to establish a method for…
Abstract
The purpose of this monograph is to examine the types of data that are required in the design and analysis of physical distribution systems, and to establish a method for obtaining such data to successfully accomplish the objectives of a distribution study. The development of the data base includes determining: (1) data specification; (2) data collection; (3) data analysis; and (4) data validation. All of these stages in data base construction are analysed and evaluated in this paper. This discussion will probably be of most importance to those managers contemplating a computer‐oriented study; an attempt has been made in the monograph to provide a managerial as opposed to a technical overview of data base requirements.
Ruth Marlow, Lorraine Hansford, Vanessa Edwards, Obioha C Ukoumunne, Shelley Norman, Sara Ingarfield, Siobhan Sharkey, Stuart Logan and Tamsin Ford
The purpose of this paper is to explore the feasibility of a classroom management course as a public health intervention. Improved socio-emotional skills may boost children’s…
Abstract
Purpose
The purpose of this paper is to explore the feasibility of a classroom management course as a public health intervention. Improved socio-emotional skills may boost children’s developmental and academic trajectory, while the costs of behaviour problems are enormous for schools with considerable impact on others’ well-being.
Design/methodology/approach
In total, 40 teachers attended the Incredible Years (IY) Teacher Classroom Management (TCM) intervention in groups of ten. Afterwards teachers attended focus groups and semi-structured interviews were completed with headteachers to explore whether TCM was feasible, relevant and useful, research processes were acceptable and if it influenced teachers’ practice and pupils. Teachers completed standardised questionnaires about their professional self-efficacy, burnout and well-being before and after attendance.
Findings
In all, 37/40 teachers completed the course. Teachers valued sharing experiences, the support of colleagues in the group and time out to reflect on practice and rehearse new techniques. Most teachers reported that they applied the strategies with good effect in their classrooms. Teachers’ questionnaires suggested an improvement in their self-efficacy in relation to classroom management (p=0.03); other scales changed in the predicted direction but did not reach statistical significance.
Research limitations/implications
Although preliminary and small, these feasibility study findings suggest that it was worthwhile proceeding to a definitive randomised controlled trial (RCT).
Practical implications
Should the RCT demonstrate effectiveness, then the intervention is an obvious candidate for implementation as a whole school approach.
Originality/value
Successful intervention with one teacher potentially benefits every child that they subsequently teach and may increase the inclusion of socio-economically deprived children living in challenging circumstances in mainstream education.
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Judy Hutchings and Frances Gardner
The purpose of this paper is to provide a selective, UK‐focused review of recent literature on effective interventions for preventing and reducing conduct problems in 3‐8 year…
Abstract
Purpose
The purpose of this paper is to provide a selective, UK‐focused review of recent literature on effective interventions for preventing and reducing conduct problems in 3‐8 year olds; and to update the chapter in the Sutton et al. (2004) research report Support from the Start on effective interventions for children aged 3‐8.
Design/methodology/approach
The authors provide a narrative review of the risk factors for conduct disorder.
Findings
The review describes risk factors for conduct disorder in this age range and presents an approach to selecting effective programmes. It describes some of the better quality evidence‐based interventions in this age range that have been disseminated and successfully implemented in the UK.
Originality/value
The review provides an update of the accumulating evidence for interventions aimed at preventing and reducing conduct problems in the 3‐8 year old age group. It introduces innovative models designed for service delivery and examines lessons learned from implementation of these programmes. The paper provides recommendations that paper can be used by service providers to help make informed decisions and offer effective programmes to families.