Abstract

This case explores the accounting for acquisition goodwill in the context of the August 2000 acquisition of Hong Kong Telecom by Pacific Century CyberWorks LTD.

 

Teaching
The case focuses on the following teaching issues:

The financial statement effect of alternative goodwill treatments.
The treatment of an impairment of capitalized goodwill.
Whether the account for goodwill can (does or should) impact firm value.
Case number:
A01-02-0014
Subject:
Accounting and Control
Year:
Setting:
Asia/2000-01
Length:
10 pages
Source:
Field