As a result of legal and regulatory requirements, audit firms in certain jurisdictions have recently started issuing transparency reports containing information on audit firm governance. In this study we investigate whether audit firm governance disclosure is associated with actual audit...

Motivated by the continued debate about the costs and benefits of mandatory recognition and disclosure of derivative instruments and hedging activities as required by Statement of Financial Accounting Standard No. 133 (SFAS 133), we investigate whether SFAS 133 influences firms' income smoothing...