Accounting and Evaluation of Goodwill Influence on Financial State of an Organization in Russia

P. 204–224.

Ryabova E., Khvostova I.

This paper analyses from a financial perspective one of the most controversial of company assets, namely goodwill. The controversial nature of goodwill lies not only in its definition but also in its evaluation and accounting disclosure, giving rise in recent years to an important line of research centred on impact of goodwill on company performance.

The paper has a two-fold objective: First, to compare international and national standards of accounting of goodwill, to work out a number of suggestions for unification and optimising of accounting methods; and secondly to evaluate the impact of goodwill from the perspective of company value. The comparison focuses on the advantages and potential complexities of international standards highlighting the many problems and ambiguities that will arise in the application of those rules for Russia. On the other hand, we underline that both the acquired and the generated goodwill influence the value of a company and unifiacation of accounting methods is inevitable.

Keywords: стоимость компании, бухгалтерский учет, accounting, company value, goodwill, internally generated, purchased, приобретенный и (или) созданный гудвилл

In book

History of accounting, business administration doctrines and development of new methods of management in Italy and Russia, 2011

Milan: Rirea, 2011.