Badwill accounting

Against the backdrop of recent European bank mergers, it is worthwhile examining the effects of acquisitions on regulatory capital. This is interesting because many European banks trade below book value. Normally, firms that acquire other firms pay a premium over book value to purchase the target firm. This premium is called goodwill. However, with the… Read More Badwill accounting

EU consults on the impact of International Financial Reporting Standards (IFRS)

The European Commission is holding a public consultation to seek views from all interested parties on their experience of Regulation 1606/2002 (‘the IAS Regulation’). The results of this public consultation will feed into the European Commission’s evaluation of the IAS Regulation. This is a great initiative, and I encourage you to fill out the questionnaire. See… Read More EU consults on the impact of International Financial Reporting Standards (IFRS)