) provide an extensive survey and discussion ofgovernance research in accounting and provide ideas for futureresearch. In this … paper, we synthesize major research findingsin the accounting governance literature and extend Bushmanand Smith to consider … corporate transparency more generally,which includes financial accounting information as oneelement of a complex information …

Advocates of fair value accounting believe that fair valuesprovide more relevant measures of assets, liabilities …, andearnings than do historical costs. These advocates assertthat fair value accounting better reflects underlying economicvalues …. The advantages of this method—and thecorresponding weaknesses of historical cost accounting—are described in more detail …

This paper analyzes a useful accounting framework that breaks down the current account to twocomponents: a composition … dominance of the cross-sectional variation, which,under conditions met by the data, is generated by an accounting approximation …

Accounting is frequently described and recognized as the language of business because theexternal financial reporting … parties. However, deficiencies withrespect to the usefulness of the traditional accounting-type information have been … frameworks for the external financial reporting function that havebeen developed so far in various accounting jurisdictions have …

If German tax law was a river flowing over all businesstransactions and commercial accounting, thelast words of Norman … Maclean in A River Runs ThroughIt best suit the traditional relationship between commercialand tax accounting. For more than … themost striking feature of German tax accounting. Infact, since the enactment of the German CommercialCode (Handelsgesetzbuch …