... hypothesis (H1) stated in alternative form is as follows. H1: If mandatory IFRS adoption incorporates economic news in a timelier manner compared with local GAAP, the predictive ability of aggregate accounting earnings for GDP growth will be greater after IFRS adoption, as compared to before IFRS...

...Zhuo Cheng (June); Jing Fang (Bob); Linda A. Myers ABSTRACT The larger association between earnings and contemporaneous returns for negative returns than for positive returns is often attributed to conditional conservatism. We reason that this asymmetry may also be driven by the lack of timeliness...

...Byung Hun Chung; Paul Hribar ABSTRACT We use survival analysis techniques to examine whether overconfidence affects the likelihood and timeliness of goodwill impairments. We predict that overconfident CEOs have a lower likelihood of impairment in any firm-quarter, and take longer, on average...

...Anne Beatty; Scott Liao ABSTRACT We document potential cross-sectional differences in how expected loss accounting will affect provision timeliness to provide important policy insights and contribute to the literature regarding the estimation of the expected loss model adoption impact...

...Urooj Khan; Stephen G. Ryan; Abhishek Varma ABSTRACT We investigate the impact of recurring fair value versus amortized cost measurement for accounting recognition purposes on the timeliness of insurers' other-than-temporary (OTT) impairments of non-agency residential mortgage-backed securities...

... goodwill impairment testing timeliness enforcement managerial discretion institutional investors In 2004, the International Accounting Standards Board (IASB) introduced new standards for the accounting for business combinations and the impairment testing of goodwill. Following similar...

... of the non-agency loans, which were at the heart of the financial crisis. ASC 820 fair value measurement Level 1 Level 2 Level 3 value relevance timeliness closed-end mutual funds Accounting Standards Codification (ASC) 820, Fair Value Measurement (pre-codification Financial...

... broad dissemination of the AAA Presidential Scholar Lecture. Editor's note: Invited. July 2013 August 2013 2014 Ball-Brown earnings usefulness timeliness anomalies event study Undoubtedly the Ball and Brown...