We investigate the accounting quality attributes of nineteen general purpose accounting standards implemented over the past thirty years. Our research is timely given recent criticism of U.S. standard setting, within the context of international convergence. Evidence on how U.S. accounting...

This paper examines the impact of bank unrecorded intangible assets on equity valuation in the context of abnormal earnings and the residual income model (quot;RIMquot;). We hypothesize that the level of unrecorded intangible assets affects the implementation of the RIM and we document a...

We investigate the initial adoption of Statement of Financial Accounting Standards no. 142, Goodwill and Other Intangible Assets, (SFAS 142). Using a sample of firms reporting goodwill at yearend 2001, we provide evidence on the timeliness and value relevance of the reported goodwill and...