文档介绍:外文文献翻译ACloserLookAtDiscretionaryWritedownsOfImpairedAssetsTheincreasingnumberofassetwritedownsandwrite-,thereislittleempiricalresearchwhichappliesdirectlytothewritedownswhichmightbecoveredbytheresultingstandards(discretionarywritedowns).BeforeanyregulationbytheFASBisattemptedinthisarea,,butalsowrite-,thefollowingareaswillbeexplored:?Howprevalentaretheseevents???Arethereanytimingpatternsintheseevents??Howdotheyaffectstockpricesandthefinancialhealthofthefirms?THECURRENTENVIRONMENTAnassetissaidtobe"impaired"whenitsbookvalueexceedssomemeasureofits"fair",thefirmhasrecordeda"writedown.",certaincurrentassets,suchasmarketablesecuritiesandinventories,,,anylongtermassetsforwhichdisposaliscontemplated(includingassetsbeingsoldaspartofadiscontinuedoperation)realizablevalue(exitmarketvaluelesscostsofsellingandreadyingforsale).ThesefinaltypesofwritedownsareadequatelyaddressedbyAPB30,andthereappearstobenoconfusionontheapplicationoftherulestothesesituations,noranyreasontoreass