Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10003768474
Persistent link: https://www.econbiz.de/10003816855
We examine the cost-effectiveness, from the shareholders' perspective, of the accounting standards issued by the FASB during 1973-2009. In particular, we evaluate (i) the stock market reactions of firms affected by the standards surrounding events that changed the probability of issuance of...
Persistent link: https://www.econbiz.de/10012959260
The Securities and Exchange Commission (SEC) recently issued a call for comment on a proposal to accept financial statements prepared in accordance with international financial reporting standards (IFRS) without reconciliation to U.S. GAAP. Accounting researchers have attempted to assess the...
Persistent link: https://www.econbiz.de/10012711326
This paper addresses the issues that confront the FASB and IASB in developing a new conceptual framework document. First, we suggest characteristics that a conceptual framework ought to exhibit. Most of these suggestions are based on our critique of the existing framework and the FASB-IASB work...
Persistent link: https://www.econbiz.de/10013080613
Persistent link: https://www.econbiz.de/10011858929
We examine the cost-effectiveness, from the shareholders' perspective, of the accounting standards issued by the FASB during 1973-2009. In particular, we evaluate (i) the stock market reactions of firms affected by the standards surrounding events that changed the probability of issuance of...
Persistent link: https://www.econbiz.de/10012950531