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Information processing filters out the noise in data but it takes time. Hence, low precision signals are available before high precision signals. We analyze how this feature affects asset price informativeness when investors can acquire signals of increasing precision over time about the payoff...
Persistent link: https://www.econbiz.de/10010499565
Les normes IFRS n’ont eu qu’un impact limité sur les données comptables des groupes français et sur les ratios d’analyse financière calculés par la Banque de France. La pertinence du diagnostic financier suppose néanmoins que les analystes fassent évoluer leur démarche.
Persistent link: https://www.econbiz.de/10009201064
The present paper starts from the classic rule of the Fiscal Code, according to which the delivery operation is the transferring of the right to dispose as a real proprietor. In fact, the transmission of the goods from the seller to the buyer has as a dir
Persistent link: https://www.econbiz.de/10008511795
In this article we will analyze the relation between the nature of the contract and the economical entity management, taking as example the case of the contracts that provide the constitution of performance bonds. A number of three manners in which perfor
Persistent link: https://www.econbiz.de/10008511829
Accounting appears to develop in different ways, depending on the context and its specific needs, based essentially on the Darwinian principle : the useful accounting survived (Alexander, Nobes, 2001). Our research is basically a discussion of this positi
Persistent link: https://www.econbiz.de/10008511975
Persistent link: https://www.econbiz.de/10008862096
This paper deals with the possibilities of reconciliation that might be done between intermediate consumption calculated from business tax return and data from national accounts. This study has been carried out both in France, based on data from direct taxes, and in Italy, based on data from VAT...
Persistent link: https://www.econbiz.de/10009001100
Cet article propose une interprétation de la réforme du dispositif français de normalisation initiée par le décret nº 2007-629 du 27 avril 2007 relatif au Conseil National de la Comptabilité (CNC). Cette réforme a débouché sur la création, par ordonnance, le 22 janvier 2009, de...
Persistent link: https://www.econbiz.de/10009364616
À défaut de légitimité politique, le normalisateur comptable international s’est doté d’une légitimité procédurale et substantielle que la crise a mise à mal. Cet article fait la cri- tique de cette légitimité construite. Il montre en particulier que le due process est certes une...
Persistent link: https://www.econbiz.de/10009364617
La crise a montré que l’application des normes internationales et, en particulier de celles qui prescrivent l’utilisation de la juste valeur, pouvait être un facteur de déstabilisation des entreprises ; en d’autres termes, que la recherche d’une plus grande efficience des marchés...
Persistent link: https://www.econbiz.de/10009365585