Vista reassesses whether to increase 2014 goodwill value

Mon, 02 Mar 2015

By Paul McBeth March 2 (BusinessDesk) - Vista Group International, the cinema software and analytics company, is reassessing whether it has to increase the value of its 2014 goodwill, which would boost last week's reported annual profit of $3.99 million. The Auckland-based company's auditor Grant Thornton advised the software developer there might be a technical accounting error in the treatment of its goodwill, valued at $33.7 million as at Dec. 31, it said in a statement today. If an adjustment upwards is needed, that will flow through...

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