... in annual nonmissing Compustat financial statement items between all possible pairs of firms with available data. ⁴ Similar to the Compustat version, we use all the XBRL monetary tags in the financial statements to construct the XBRL version of FSB. We include these pairwise FSB scores (i.e...

... the informational opacity accounting complexity creates for investors. Using the metadata in XBRL filings, we construct measures of accounting complexity that map directly to the mandated standards applied in financial statement filings. We find a positive and economically significant association between accounting...

... audit report XBRL footnote disclosure textual analysis market reaction unexpected disclosures audit quality audit fees This study examines the requirement to disclose critical audit matters (CAMs), which became effective in 2019 and is one of the largest expansions of the U.S. audit...

... requires practice, instruction, experience, and feedback, all of which are typically gained through work experience at the office level. ⁴ auditor expertise task-specific expertise fair value restatements comment letters value relevance XBRL Auditing fair value measurements...

...Nilabhra Bhattacharya; Young Jun Cho; Jae B Kim ABSTRACT We investigate how XBRL adoption affects smaller institutions' access to financial statement information relative to their larger counterparts. We examine three aspects of trading responsiveness: abnormal trading volume, response speed to 10...

...Rani Hoitash; Udi Hoitash ABSTRACT We propose a new measure of accounting reporting complexity (ARC) based on the count of accounting items (XBRL tags) disclosed in 10-K filings. The preparation and disclosure of more accounting items is complicated because it requires greater knowledge...