persistence) may have a significant impact on how firms rationally respond in terms of allowing accrual discretion in order to … optimal level of reversible non-discretionary accrual noise introduced through revenue recognition policies. Tight rules …-based accounting regulation, as opposed to leaving firms more choice over non-discretionary accrual policies, may lead firms to …

persistence) may have a significant impact on how firms rationally respond in terms of allowing accrual discretion in order to … optimal level of reversible non-discretionary accrual noise introduced through revenue recognition policies. Tight rules …-based accounting regulation, as opposed to leaving firms more choice over non-discretionary accrual policies, may lead firms to …

Our paper investigates whether analysts' experience mitigates their forecast over-optimism associated with high … discretionary accruals. Prior literature shows that analysts' forecast optimism is associated with high total accruals and working … by first showing that forecast over-optimism is associated with higher discretionary accruals. We then show that analysts …