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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/35431

    Title: 台灣上市櫃公司資產減損之探討
    Authors: 楊美雪
    Contributors: 林宛瑩
    Keywords: 資產減損
    Asset impairment
    SFAS No.35
    Earning smoothing
    take a bath
    Date: 2005
    Issue Date: 2009-09-18 15:00:33 (UTC+8)
    Abstract: 國內35號會計準則公報的實施是會計從歷史成本原則走向公平價值之重要里程碑,在新公報提高財務報表攸關性之同時,卻可能因放棄可靠性而增大企業報導盈餘的空間。是以實施35號公報對企業財務與營運面資訊揭露上之影響,除資產減損認列項目的正確性,認列金額的適足性,相關揭露報導的適當性外,影響資產減損的因素,以及是否具有公司或產業差異性等,均為值得深入探討的議題。


    The implementation of new accounting standard (SFAS No.35) on assets impaired is a milestone of moving from historical cost principle towards fair value principle. As SFAS No. 35 may enhance the relevance of financial information at the cost of reliability, there exists the flexibility of reported earnings through the new communiqué. Based on the importance of the SFAS No.35 on a company’s financial and operational reporting, this thesis investigate the accuracy and adequateness of asset impairment, the appropriateness of reporting and disclosures of asset impairment, the determinants of asset impairment and the characteristics across industry are worth studying into thoroughly.

    With the topic of the contents of asset impairment in compliance with SFAS No.35, this study finds that the listed companies in Taiwan recognized and reported as asset impairment in the amount of NT $88,094 million for the study period from December, 2004 to June, 2005, of which approximately amounted to NT $20,300 million should be periodically evaluated in accordance with SFAS No.1 or SFAS No.5 before adoption of SFAS No.35. As a result, it metaphors listed company in Taiwan to use SFAS No.35 as an excuse for written off asset value.

    We explored the accuracy of asset impairment loss and the appropriateness of reporting for asset impairment for listed companies in Taiwan. When analyzing the reporting quality, we found that there were 163 financial reports of listed companies in Taiwan without footnote of “Accounting change and its effect” or explanationary paragraph for accounting change in auditors’ opinion for the study period from December, 2004 to June, 2005. In addition, we also found that four companies within two consolidated group started to adopt SFAS No.35 at the different timing against the rule of consistency on the adoption of accounting principle among consolidated entities.

    We explored the determinants of asset impairment for the listed companies in Taiwan for the period from December, 2004 to June, 2005. Our empirical results show the following: (1) The size of asset impairment is associated with operational factors such as profitability, operational performance and effectiveness of asset utilization;(2) In the perspective of company characteristic, the size of asset impairment is associated with the debt ratio and worse credit risk ;(3) The bigger company recognized the smaller impairment loss . Compared to other industries ( excluded financial institutions and securities),the huge impairment had been recognized in electronic industry .Since the evaluation of asset value involved a lot of professional judgments , we found that the size of impairment loss was associated with the management reporting motivation and capability to afford such losses . It metaphors that the SFAS No. is one of the vehicle of earning smoothing to be used.
    Reference: 中文部分:
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    Description: 碩士
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0093932303
    Data Type: thesis
    Appears in Collections:[經營管理碩士學程EMBA] 學位論文

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