question, we analyze European Union (EU) initiatives that harmonized accounting and auditing standards. Regulatory … harmonization should reduce economic mobility barriers, essentially making it easier for accounting professionals to move across … countries. Our research design compares the cross-border migration of accounting professionals relative to tightly-matched other …

. In contrast, the change in accounting standards seems to have had little effect on market liquidity …

. In contrast, the change in accounting standards seems to have had little effect on market liquidity …

for the link between accounting and financial stability. Our analysis suggests that, going into the financial crisis … for loan accounting. We also provide evidence that shielding regulatory capital from accounting losses through prudential … accounting and financial reporting are to contribute to financial stability. …

This paper investigates what we can learn from the financial crisis about the link between accounting and financial … accounting debate during and shortly after the crisis. Widespread claims about the role of fair-value (or mark …-to-market) accounting in the crisis have been debunked. However, we identify several other core issues for the link between accounting and …