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Measuring and recognizing the value of purchased goodwill: A note on market value measurement method

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posted on 2024-11-14, 02:12 authored by Indra Abeysekera
Through a review of literature and with conceptual underpinnings, this paper demonstrates that relying on the market value measurement method to ascertain value of purchased goodwill does not contribute to more accurate value of the financial worth of the firm.It argues that the use of market value for the measurement of purchased goodwill for recognition in financial statements is a mere artifact and a response to the contemporary paradigm rather than a measure of the accurate financial worth of purchased goodwill. It demonstrates the need to seek a measurement method that does not impose a transaction as a necessary precondition for ascertaining the financial value of goodwill.

History

Citation

Abeysekera, I. (2012). Measuring and recognizing the value of purchased goodwill: A note on market value measurement method. Academy of Taiwan Business Management Review, 8 (3), 57-65.

Journal title

Academy of Taiwan Business Management Review

Volume

8

Issue

3

Pagination

57-65

Language

English

RIS ID

73911

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