Goodwill Accounting Changes Damage Board Performance, Profits and Dividends
UK Plc is damaged, yet again, by the overly rigid application by our regulators of EU rules. The accounting standard, FRS102, forces UK companies and their boards of directors to amortise all intangible assets through the annual P&L. However, those companies and directors operating under an IFRS accounting environment would not have to do this. IFRS… Read more »