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The Impact Of Ifrs On Reporting For Business Combinations: An In-Depth Analysis Using The Telecommunications Industry

Author

Listed:
  • Mario Carrara

    (Brescia, Italy, Brescia, Italy)

  • Diogenis Baboukardos

    (Jönköping International Business School, Jönköping International Business School)

  • Cunningham Garry M.

    (Jönköping International Business School, Jönköping International Business School)

  • Hassel Lars G.

    (Åbo Akademi University, Turku, Finland)

Abstract

The mandatory use of IFRS by all publicly listed companies in the European Union created challenges for accounting and reporting of business combinations, goodwill impairment and disclosures for these items. Major issues are allocation of amounts to goodwill and specific intangible assets arising from acquisition. This study presents an in-depth exploration of compliance with IFRS 3 and IAS 36 using content analysis methodology of annual reports of eight European telecommunications that were chose because the industry is well known for significant acquisitions involving intangibles. The results show only partial compliance with little change over the four year period since mandatory IFRS adoption. While results cannot be generalized outside this group, the in-depth analysis yielded important insights for continued research using broader research methods.

Suggested Citation

  • Mario Carrara & Diogenis Baboukardos & Cunningham Garry M. & Hassel Lars G., 2011. "The Impact Of Ifrs On Reporting For Business Combinations: An In-Depth Analysis Using The Telecommunications Industry," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 557-593, July.
    • Handle: RePEc:ora:journl:v:1:y:2011:i:1:p:557-593
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    References listed on IDEAS

    as
    1. Akhtaruddin, M., 2005. "Corporate mandatory disclosure practices in Bangladesh," The International Journal of Accounting, Elsevier, vol. 40(4), pages 399-422.
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    More about this item

    Keywords

    IFRS; business combinations; goodwill; content analysis; annual reports; listed companies;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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