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Proficiency with data analytics is an increasingly important skill within in the accounting profession. However, successful data analysis requires clean source data (i.e. source data without errors) in order to draw reliable conclusions. Although users often assume clean source data, this...
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In this paper I investigate whether analysts' target price forecasts (TPFs) provide investors with useful direction after material accounting misstatements. I examine the magnitude, informativeness, and accuracy of analysts’ TPF revisions after misstatements. First, analysts revise their TPFs...
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While the popular press has documented Chief Financial Officer (CFO) role expansion into traditional operations functions, recent research suggests that time spent on non-core CFO activities harms financial reporting quality. We examine the operational acumen of CFOs and the potential negative...
Persistent link: https://www.econbiz.de/10012914557
Boards that compensate executives with cash face a costly ex post settling up problem: boards may compensate executives for gains which later fail to be realized. Using a novel linear mixed data sampling (MIDAS) method to exploit the variation in daily stock returns, we provide evidence of...
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In this commentary, I offer several observations for managing a successful and satisfying academic accounting career. First, I encourage readers to appreciate two key realities of the academic accounting labor market: the rewards derived from research and the massive shortage of accounting...
Persistent link: https://www.econbiz.de/10009459011