forecast characteristics for analyst forecast accuracy. Following the enactment of these regulations, more experienced analysts … and All-Star analysts do not maintain their superior forecast accuracy, and analysts employed by large brokerage houses … industries and firms followed, days elapsed since the last forecast, and forecast horizon. While the importance of bold upward …

reputations are more likely to issue earnings forecasts, and forecast earnings more frequently. We also find that for the …

FASB Interpretation No. 48 (FIN 48) requires firms to disclose a forecast of significant changes in unrecognized tax … dispute are more likely to provide a disclosure that states that a change is possible, but no forecast of the change is … settlements or impending statute lapses. On the other hand, for those firms that do provide a forecast, our forecast accuracy …

We posit and find that the importance of analyst and forecast characteristics for analyst forecast accuracy varies with …, more experienced analysts and All-Star analysts do not maintain their superior forecast accuracy and analysts employed by … since the last forecast, forecast horizon, and forecast boldness post-Reg FD. The decrease in the importance of most of …

forecast errors and accruals, which we label “managers' accrual-related forecast bias.” We build on extensive research which … between managers' earnings forecast errors and discretionary accruals, but no association between managers' earnings forecast … errors and nondiscretionary accruals. Furthermore, the association between managers' earnings forecast errors and …