LIBBY, ROBERT; NELSON, MARK W.; HUNTON, JAMES E. - In: Journal of Accounting Research 44 (2006) 3, pp. 533-560
We examine whether information in footnotes might lack reliability because auditors permit more misstatement in disclosed, as opposed to recognized, amounts. In both the stock-compensation and lease settings, audit partners require greater correction of misstatements in recognized amounts than...