Analysis of factors affecting goodwill value change according to accounting standards: A practice in BİST 100

Goodwill is an important intangible asset that arises as a result of mergers and acquisitions and constitutes a significant part of the total net assets of enterprises. Therefore, investors need information on goodwill to evaluate a firm's intangible assets and predict future cash flows. The change in the goodwill value, which attracts the attention of managers and investors, may occur as a decrease in some periods. In this context, it becomes necessary to determine the reasons and sources of this periodic decrease in goodwill impairment in terms of national accounting standards and to take necessary actions. The purpose of this study is to reveal the relationship between the Goodwill Impairment and the variables determined from the Consolidated Financial Statements, to examine the effects and to explain the findings obtained in order to guide businesses. Information on impairment of assets should be relevant to the assessment of a firm's operating capacity and risks, and should assist investors in better approximating the economic value of assets and predicting returns on their investments. A good understanding of this standard, which covers the assets that make up a significant part of the financial statements, is important in terms of providing accurate, appropriate and consistent information to the users of these statements. Within the scope of the research, a study was carried out on the determinants of Goodwill Impairment by using the financial statements and footnotes of the enterprises in the National 100 index, whose shares are listed in Borsa Istanbul, between 2015 and 2019. Keywords: Goodwill, Goodwill Impairment, IAS 36