“Goodwill” refers to the amount of money paid by a company through M & A, etc., that exceeds the net assets of the acquired company.International controversy over this accounting process continues, but the research of the team in which Associate Professor Toshitake Miyauchi of the Faculty of Business Administration of Otemon Gakuin University participated is the basis for the Japanese opinion submitted by the Securities Analysts Association of Japan to international institutions. It was quoted.
According to Otemon Gakuin University, goodwill in a broad sense represents the invisible asset value of the acquired company, such as brand power, technological power, customer network, and human resources, and is considered to be the excess earning power of the company. There is.Previously it was described by the term business right.In Japan, it is thought that the value of goodwill will decrease over time, and we have adopted an accounting standard that adds periodic amortization to the impairment treatment that reduces the asset value when sales cannot be recovered as expected.On the other hand, in Europe and the United States, it is common to think that the value does not decrease only with the passage of time, and the standard of impairment treatment only is adopted.
For this reason, it was not uncommon for the Japanese side to be disadvantaged in international M & A, as goodwill swelled more than it actually was and corporate value increased more than necessary under Western standards.The International Accounting Standards Board, an international organization, sought the views of each country to address improvements.
The quoted part is the result of a large-scale questionnaire on goodwill accounting conducted by a team in which Associate Professor Miyauchi participated, supporting the accounting treatment of impairment plus periodic amortization among companies and securities analysts. We conclude that the voice is the majority.
