Numerous studies claim that the accrual anomaly in the U.S. stock market is due mostly to temporary accounting … distortions arising from accrual accounting. We examine the validity of this explanation in an international setting. Across the … of accounting distortions on the pricing of the accrual component of earnings is stronger in markets with a higher level …

then decreases afterwards. Sample firms with conservatism index near zero (i.e., when the firms' accounting is neutral …. Decomposing earnings into the accrual component and the operating cash flow component, we also find that the kinked nonlinear … the accrual component into the discretionary component and the non-discretionary component and document that the effect of …

We provide an applied introduction to Bayesian estimation methods for empirical accounting research. To showcase the … methods in accounting research, especially since they can now be easily implemented in popular statistical software packages …

Greek central government financial statements under the former system of cash accounting and the recently adopted system of … modified cash accounting. The perceptions of ninety five respondents grouped under four main user categories and collected … level - the qualitative characteristics of reported financial information, expertise in public sector accounting affects the …