activity across reporting models. We examine whether publicly available financial statement information is incrementally useful …

Prior literature is mixed as to whether smoothing through accruals indicates higher or lower financial reporting … reporting incentives of tax expense, we provide new evidence on this debate by examining the link between smoothing of GAAP … financial restatement and tax-related financial reporting fraud. Further investigation reveals that these associations are …

Financial Reporting Standards (IFRSs) and the codified accounting standards (ASC) for the US GAAP categorize hedging … of derivatives and hedging lead to creating serious distortion of reporting actual transactions, to combining hard and … remedy the resulting distortion in financial reporting, significant revisions of certain accounting standards are sorely …

Conventional and commonly held wisdom with respect to the adoption of International Financial Reporting Standards (IFRS …) is that they lead to improved financial reporting quality and comparability and thereby favorable economic consequences … reporting standards in terms of volume and quality of disclosures in financial statements. This review also obtains that IFRS …