reinforcing steps in three areas: accounting, disclosure and risk management; the architecture of prudential regulation; and …

differences in perspective between accounting standard setters and prudential authorities. Building on previous work, we argue … could act as more of a focal point in the design of accounting standards, as greater consistency between sound risk … management practices and accounting standards can help to narrow the wedge between accounting and underlying economic valuations. …

regards micro information, significant differences in perspective between accounting standard setters and prudential … accounting standard setters and supervisory authorities is called for both in developing the final set of information and in …

and value relevances: regulatory oversight by securities commissions, relatively strict accounting and auditing standards … accounting information. However, there is still only scarce evidence about the relevance of earnings information in a context …

Accounting standards define goodwill as the excess of the cost of an acquired company over the sum of its identifiable …

In Switzerland the use of International Accounting Standards (IAS) is allowed as an alternative to national rules for … listed compagnies do comply with IAS. Because of permissiveness and low disclosure requirements of the Swiss accounting … regulation, compliance with IAS implies additional disclosure and renouncement of a considerable discretion in accounting …