Новите изисквания за оповестяване при бизнес комбинации
The New Requirments for Disclosure of Business Combinations

Author(s): Lilyana Dzhoneva
Subject(s): Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: IFRS; financial reporting; business combinations
Summary/Abstract: The proposed amendments to IFRS 3 Business combinations and IAS 36 Impairment of Assets aim to address the existing challenges to acquisition accounting by enhancing disclosure requirements and improving impairment testing methodologies, intending to increase transparency and reliability in financial reporting of those deals. The report reviews literature indicating that many acquisitions diminish shareholder wealth, suggesting a gap between strategic intentions and economic benefits. It concludes that the initiative to revise the standards will potentially provide clearer and more detailed financial information, thus aligning financial reporting more closely with the economic outcomes of business combinations.

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