...Anthony Appleton; Andreas Barckow; Christine A. Botosan; Yasunobu Kawanishi; Atsushi Kogasaka; Andrew Lennard; Linda Mezon-Hutter; Joy Sy; Rebecca Villmann SYNOPSIS Diversity in views about the existence, nature, and extent of the “intangibles problem” in financial reporting and various proposed...

... of the comment letters. The receipt (severity) of comment letters is associated with adverse regulatory consequences, CEO turnover, corrective actions to remedy financial reporting, and poor future financial performance in the propensity score matched sample (recipient sample). Overall disclosure quality...

...Won Jung Kim; Marlene A. Plumlee; Stephen R. Stubben SYNOPSIS The purpose of this paper is to encourage and support academic research related to U.S. state and local government financial reporting. We provide an overview of U.S. state and local governments and their financial reporting, discuss...

... acquired in exchange for issuing claims (“external capital”) is classified as liabilities and capital acquired in exchange for providing goods and services (“earned capital”) is classified as equity. The Earned Capital Approach differs from the approach underlying current financial reporting standards...

... also speaks to some contemporary financial reporting problems, such as fair value accounting, and also to an assessment of some recent financial innovations, such as so-called flash trading. February 2016 January 2017 Editor's note: Accepted by Sundaresh Ramnath. Also, while...

...Gregory Capps; Lisa Koonce; Kathy R. Petroni SYNOPSIS The objective of this paper is to cohesively introduce the notion of natural optimism into the accounting literature and to provide insights into the role of natural optimism in financial reporting on the part of firm managers...

... devoted to administrative activities. The error corrections often have low visibility in the financial reports issued by public charities; although they are reported in the footnotes of the audited financial statements, they often are not mentioned in auditor reports and in IRS Form 990s. The study...

..., the differences in earnings management practices become insignificant after CEOs survive the short run. Our results are robust to a variety of alternative hypotheses and sensitivity checks. The findings thus show that CEO origin is an important factor for explaining financial reporting strategies; they also add...

... 2011 FASB IASB leases accounting standards financial reporting The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) recently issued a joint exposure draft (ED2010/9) on accounting for leases. The current FASB accounting standard...

...Jon Bartley; Al Y. S Chen; Eileen Z Taylor SYNOPSIS eXtensible Business Reporting Language (XBRL) has the potential to improve the transparency of financial reports; however, its complexity creates the risk of introducing errors that are a threat to its usefulness. XBRL is a complex technological...