We examine to what extent firms adhere to the stated intent of non-compulsory accounting standards when reporting for …

In this paper, we distil essential insights about the regulation of financial reporting from the academic literature … consequences. The crisis has brought into sharp focus the reality that the regulation of corporate reporting is just one piece of a … regulatory demands. Recent actions by the European Commission relating to IFRS 9 and proposed legislation in the U.S. Congress to …

Prior IFRS adoption effects focus on accounting quantitative information but there is scant evidence of the impact on … textual attributes. Motivated by the increasing complexity of annual report narratives, this study examines the impact of IFRS … increase in complexity with the mandatory regulatory adoption of IFRS in 2005 and this increase appears to be associated with …

Over the past two decades, the regulatory landscape for non-GAAP reporting has evolved significantly. Despite a … temporary decline in the frequency of non-GAAP reporting following Regulation G, the incidence of non-GAAP disclosure has … continued to increase steadily, leading to a current all-time high in reporting activity. This proliferation of non …

equity. Traditional theories of contracting incentives cannot explain this reporting location choice that only affects where … stronger equity-based incentives and less job security are significantly less likely to use performance reporting. Overall, our … study suggests that even though the reporting location choice is inconsequential in a traditional rational markets view …

's eXtensible Business Reporting Language (XBRL) mandate as a natural experiment. To the extent that XBRL adoption reduces …

Analyzing 20 interviews with CFOs of German non-listed family firms, I report how the firms' financial reporting is … how owner families influence reporting. I also discuss the firms' costs of reporting and disclosure. Most CFOs see the … differs; however, in most cases the family at least ‘sets the tone' for the reporting. On average, the direct costs of …

Accounting is imperfect, leading to errors in financial reporting. This paper links accounting errors to firms …' incentives to bias reported earnings. We hypothesize that while errors discourage reporting bias by lowering earnings' value …-shaped relationship between an industry's incidences of intentional and unintentional misstatements, our primary proxies for reporting …

detect. Our results highlight the imperfectness of accounting, advance understanding of firms' reporting incentives, and shed …