期刊名称：JAKI (Jurnal Akuntansi dan Keuangan Indonesia)
印刷版ISSN：1829-8494
电子版ISSN：2406-9701
出版年度：2006
卷号：3
期号：2
页码：169-189
DOI：10.21002/jaki.2006.08
语种：Indonesian
出版社：Universitas Indonesia
摘要：Indonesian GAAP No.22 Accounting for Business Combinations requires that goodwill arises from acquisition should be amortized over its economic life for 5 years,or can be extended for maximum 20 years if there is any proper reason.Meanwhile,Statement of Financial Accounting Standard (SFAS) No.142 Good- will and Other Intangible Asses and International Financial Reporing Standards (IFRS) No.3 Business Combinations had changed the requirement of accounting treatment for goodwill.They require that goodwill should not be amortized,but is subject to impairment test periodically.The reasons of this treatment are that the economic life of goodwill cannot be reliably estimated and its pattern for decrease in value changes overtime.This research is intended t0 examine the implication of goodwill amortiza- tion on investors'decisions in all industries in general and in manufacturing indus- iry in paricular,in Indonesia.This is achieved by comparing the ability of earnings afier amortization before extraordinary items,earnings before amortization and extraordinary items,and cash Jlow from operation in explaining market adjusted return.The result shows that goodwill amortization only contribute minor impact 10 the markel-adjusted return.which agrees the prior researches conclusions.
