... own. Editor's note: Accepted by Brad A. Badertscher, under the Senior Editorship of Mary E. Barth. 1 2 2020 1 3 2022 2022 taxable income tax policy forecasting financial reporting The objective of financial reporting is to provide users with information...

...Braden Williams; Brian M Williams ABSTRACT This study examines whether financial accounting standards moderate the effectiveness of tax policy. Specifically, we examine whether myopic managers' focus on short-term financial reporting reduces the effectiveness of tax subsidies that incentivize...

...-tax conformity financial reporting quality tax policy I am grateful to the American Accounting Association and to Terry Shevlin, President of the American Accounting Association (AAA), for asking me to be a Presidential Scholar at the AAA Annual Meeting in 2020. When Terry asked me to give...

...] countries), we note that our evidence may not generalize to public firms, whose investments are, for example, less responsive to changes in tax policy or investment opportunities ( Asker, Farre-Mensa, and Ljungqvist 2015 ). Our research design exploits losses that are plausibly idiosyncratic...