Since the late 1980s, the Financial Accounting Standards Board has implemented several new fair value accounting rules … do not consider the net income effects of fair value accounting. The fair value hierarchy of Statement of Financial … Accounting Standard No. 157 implies that valuation of level 1 and level 2 instruments is subject to observable market inputs …

LaFond and Watts (2008) provide evidence that information asymmetry might be a determinant of accounting conservatism … accounting conservatism might be wrong. However, there is a trend in moving away from conservative accounting. The typical … example is IFRS adoption. Therefore, this paper studies information asymmetry and accounting conservatism under IFRS adoption …

. In contrast, the change in accounting standards seems to have had little effect on market liquidity …

consequences of mandatory IFRS adoption in Europe in terms of accounting conservatism. Indeed, a mandatory adoption setting may … control for firm-level reporting incentives when gauging the effects of a change in accounting standards. However, companies … still have some flexibility in their choice of auditor, and the later has a significant say on the accounting policy. We use …

In this paper there has been made a comparison between the amortisation and the impairment methods for accounting for … goodwill, with regards to their associated effects on accounting quality. Based on two qualitative characteristics of … accounting information, as formulated by the International Accounting Standards Board (IASB), the effects of the new impairment …

recognition to avoid losses and earnings decreases. Design/methodology/approach - The empirical studies were conducted using a …

in France, Germany and the United Kingdom use two discretionary choices in their accounting for defined benefit pension … plans under International Accounting Standard 19 Employee Benefits. We first analyse companies' decision whether to … voluntarily early adopt the equity method of accounting for actuarial gains and losses. Second, we analyse companies' choice to …

.Methodology/Technique – Using the accounting conservatism model developed by Basu (1997), the authors compare firm conservatism …Objective – The Indonesian Accounting Standard Authority has required companies to adopt the International Financial …. Further, accounting earnings are more sensitive to the negative return than to the positive return before the adoption of the …

the sensitivity of CEO turnover to accounting earnings and how the impact of IFRS adoption varies with country …-level institutions and firm-level incentives. We find that CEO turnover responds more to a firm's accounting performance after adoption … the change in turnover-to-earnings sensitivity directly to accounting changes due to IFRS adoption and find a stronger …

We explore the accounting view on KVA for derivatives, where KVA is defined as the lifetime cost of capital, i.e. the … Capital Valuation Adjustment. Accounting uses ‘fair value' in most circumstances. IFRS 13 (Fair Value Measurement) defines … management and management accounting models and concepts. These concepts are embodied in economic decision making models that use …