and on the effects of accounting standards on financial reporting outcomes. My central thesis is that these literatures … are complementary in terms of what they have to say about understanding the effects of law, regulations and accounting …

This paper examines whether the likelihood of accounting restatements is associated with the Big 4 industry auditor … accounting restatements relative to those of other auditors. We find no evidence that firm-level auditor specialists alone are … associated with a smaller likelihood of accounting restatements. However, a firm-level industry expert does matter in the …

We examine whether the adoption of internationally recognized accounting standards is associated with a greater … sensitivity of credit ratings to accounting information. Our results suggest that voluntary adoptions of IFRS/U.S.GAAP come with … significant increases in the sensitivity of credit ratings to the accounting default factor. No such evidence is found for …

To be useful for decision-making accounting information needs to be of high quality. This article examines how tax … accounting rules may impact the accuracy and reliability of the information contained in financial statements. The simulation … model reveals that significant distortions occur in accounting information due to the choice of depreciation period and …

The Financial Accounting Standards Board's (FASB's) and the International Accounting Standard Board's (IASB's) issued a … information for financial decision makers. This paper sets forth the AAA's Financial Accounting Standards Committee's summary …

accounting policies in their 10-Ks. Using a large sample of CAP disclosures from SEC filers, we examine the extent to which CAP … of accounting quality. We also consider strategic disclosure strategies and examine whether actual disclosures are …

acquis communautaire for the field of the accounting of the corporations: The Fourth Guideline of the Counsel (78/660/EEC …