that experience changes of CFO from male to female, the paper compares the firms' degree of accounting conservatism between …

Accounting conservatism is an important aspect of financial reporting quality. Considering the tradeoff between … relevance and reliability of the accounting information, it is argued that the level of conservatism of financial reports is … the accounting literature by providing empirical evidence on such associations referring the use of provisions as a proxy …

In recent years, reporting under International Financial Reporting Standards (IFRS) became mandatory in many countries …, across all countries, mandatory IFRS reporting had little impact on liquidity. The liquidity effects around IFRS introduction … reporting enforcement. There is little evidence of liquidity benefits in IFRS countries without substantive enforcement changes …

introduction of the IFRS in the European Union in 2005. We use regression analysis to identify the determinants and consequences of …-way relationship. Voluntary communication policies did not change with the introduction of the IFRS …

This paper examines the economic consequences of mandatory IFRS reporting around the world. We analyze the effects on … market liquidity, cost of capital and Tobin's q in 26 countries using a large sample of firms that are mandated to adopt IFRS …. We find that, on average, market liquidity increases around the time of the introduction of IFRS. We also document a …

practice in financial markets (e.g. Koller et al, 2005, CFA Institute, 2005, Penman, 2006). Yet accounting standards are under …-developed in this area, and there are gaps and inconsistencies in both IFRS and US GAAP. Drawing upon the distinction between … unreconciled ways in the literature, and, second, to propose a practical basis for accounting standard-setters to determine …

The paper provides a genesis of fair value accounting (FVA) and reviews some research and empirical evidence that are … assets, i.e., those assets which accounting values were based upon directly observable market prices. In contrast, accounting …

Proponents of IFRS argue that applying uniform accounting standards leads to comparable financial statements. While …. These results are of interest in the debate whether a principles-based accounting framework such as IFRS can generate … previous studies have illustrated that initial IFRS disclosure quality significantly varies upon IFRS adoption, there is little …

participation of those affected by it, impacts upon the outcome of the policy. Accounting standard setting has long offered such a … experiment to examine whether the possibility to participate in accounting standard setting leads to reduced earnings management … incentives are better predictors of accounting quality than financial reporting standards …

It has long been recognised that accounting regulation is not a mere technical exercise but one that takes place in a … accounting standard setter. However, standard setting is embedded in a political and institutional context. In their decision … to be ignored in most lobbying studies. The present paper proposes an analytical model of lobbying of an accounting …