K－IFRS 도입에 따른 영업권회계처리와 이익조정

There is a high probability to adjust an earnings because it can reflect the arbitrariness and the subjectivity of an executive to abolish an amortization of goodwill and recognize an goodwill impairment loss by Korean International Financial Reporting Standards(K－IFRS) adoption. Accordingly, this research analyzed an actual proof on whether a corporation regulates its profit through a changed goodwill accounting related to its business rights after the introduction of the K－IFRS. According to the actual analysis on the earnings management depending on the recognition of a goodwill impairment loss, corporations having a goodwill balance but not recognizing its impairment loss adjusted their earnings upward and as time passed by, the tendency to manage theirs got deeper and deeper by not recognizing their goodwill impairment loss. Suggesting that executives have an intention to manage their earnings using a goodwill impairment loss, this research provides some policy implications in enacting accounting standards related to goodwill valuation. Moreover, when analyzing financial statements, a goodwill accounted corporation should be aware that earnings management is possible according to the recognition of a goodwill impairment loss.