We examine the costs and benefits of proactive financial reporting enforcement by the UK Financial Reporting Review …, and in particular those Main companies with stronger incentives for higher financial reporting quality. Overall, our study … indicates that financial reporting enforcement generates costs and benefits, but not always for the same companies …

unaudited companies. In this paper, we examine empirically the factors associated with the appointment of reporting accountants … accounts when they have been prepared by an external accountancy firm (i.e., a reporting accountant). Based on a cross … hypothesis’, larger companies that voluntarily disclose more financial information are more likely to appoint a reporting …

Are “full audits” cost-effective in improving financial reporting quality compared to “reviews,” which are based … examine four accounting-based financial reporting quality proxies and, to reflect broader economics, we examine cost of debt …. We find financial reporting quality for both reviews and audits is significantly better than for compilations, but is …

We examine the impact of the Securities and Exchange Commission (SEC)'s XBRL (eXtensible Business Reporting Language …. Using annual and quarterly filing data from 2007 to 2014, we compare the reporting lags of XBRL reports to the lags of non-XBRL … reports in three separate filing categories as defined by the SEC. Our results show that by using XBRL the reporting lag is …

Conventional and commonly held wisdom with respect to the adoption of International Financial Reporting Standards (IFRS …) is that they lead to improved financial reporting quality and comparability and thereby favorable economic consequences … reporting standards in terms of volume and quality of disclosures in financial statements. This review also obtains that IFRS …