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Accounting Standard Setting and Investor's Learning

Luo, Guo Ying - 2019

This paper examines how the investor's belief about the project's ability of generating cash flow affects accounting standard setting. It proves analytically that the accounting standard in the Stackelberg equilibrium of the static model increases with the increase in the investor's belief about...

Persistent link: https://www.econbiz.de/10012861766

Principles-Based Accounting Standards and Audit Outcomes : Empirical Evidence

Cho, Myojung; Krishnan, Gopal - 2021

The purpose of this study is to empirically examine the relations between audit outcomes and accounting standard design (principles-based vs. rules-based) for US firms. Considering that audit outcomes may vary with audit risk, which may differ under different accounting standards, we examine and...

Persistent link: https://www.econbiz.de/10013231802

Auditor lobbying on accounting standards

Allen, Abigail; Ramanna, Karthik; Roychowdhury, Sugata - 2014 - This draft: December 22, 2014

We examine how Big N auditors' changing incentives impact their comment-letter lobbying on U.S. GAAP over the first thirty-four years of the FASB (1973-2006). In particular, we focus on the influence of auditors' lobbying incentives arising from two basic factors: managing expected litigation...

Persistent link: https://www.econbiz.de/10010484998

A Comparison of Between-Country Measures of Legal Setting and Enforcement of Accounting Standards

Preiato, John P. - 2014

Academics and practitioners agree that the enforcement of accounting standards has an important role in promoting high quality financial reporting and favourable capital market outcomes. Researchers have used a range of proxies to capture differences between countries in the extent of...

Persistent link: https://www.econbiz.de/10013054963

Harmonization of Accounting Standards in India

N, Abhishek - 2019

global level by initiating IFRS based accounting standards from the year 2016 onwards by the government of India with the … this IFRS based Indian Accounting standards i.e. IND AS had created a great opportunity to academicians, regulatory …

Persistent link: https://www.econbiz.de/10012860870

A Golden Age in Setting National Accounting Standards : The UK’s Accounting Standards Board, 1990–2000

Meeks, Geoff - 2023

At the beginning of the 1990s UK accounting standards were described as a ‘laughing stock’. By the millennium they were widely acclaimed and in some respects world-leading. This paper explores some of the key technical advances in this period, and the political processes employed to secure...

Persistent link: https://www.econbiz.de/10014348913

Measuring Country Differences in Enforcement of Accounting Standards : An Audit and Enforcement Proxy

Brown, Philip - 2014

country's accounting standards. The adoption of International Financial Reporting Standards (IFRS) aims, in broad terms, to …, the effectiveness of IFRS adoption is believed to be hampered by differences, across countries, in the institutional … setting in which financial reporting occurs. Studies of the impact of IFRS have used a range of proxies to capture these …

Persistent link: https://www.econbiz.de/10013063604

The politics of accounting standards : a comment on Ramanna's "Unreliable accounts: how regulators fabricate conceptual narratives to diffuse criticism"

Vogel, Steven Kent - In: Accounting, Economics, and Law : AEL ; a convivium 12 (2022) 2, pp. 247-252

Persistent link: https://www.econbiz.de/10013262650

On the Convergence of Accounting Standards

Tan, Boon Seng - 2015

The initiative towards the convergence of accounting standards driven by the International Accounting Standards Board (IASB) appears un-stopable. This paper first examines why having a set of national accounting standards is valuable. However, the underlying accounting model at the national...

Persistent link: https://www.econbiz.de/10013024056

Interaction between Accounting Standards and Monetary Policy : The Effect of SFAS 115

Meder, Anthony - 2015

I examine the effect of marketable security holdings on monetary policy when those securities are classified under SFAS 115. Prior research has shown that loan growth is negatively related to monetary contractions and that marketable security holdings mitigate that negative relationship. Those...

Persistent link: https://www.econbiz.de/10013036710