... countries, and investors reward firms with accounting standards more conforming to U.S. GAAP (e.g., Bradshaw, Bushee, and Miller 2004 ). A large reconciliation number can also induce different interpretations of underlying accounting numbers and increase the uncertainty among investors ( Chen and Sami 2008...

...Marc Cussatt; Li Huang; Troy J. Pollard ABSTRACT This study examines whether accounting quality changed for a diverse set of German firms that were required to switch accounting standards from U.S. Generally Accepted Accounting Principles (U.S. GAAP) to International Financial Reporting Standards...

... risk, and audit fees. The results also provide direct evidence to support the SEC's (2007) claim that eliminating the Form 20-F reconciliation would reduce the preparation costs and regulatory burdens for foreign issuers. 2017 IFRS U.S. GAAP Form 20-F reconciliation audit fees industry...

... U.S. GAAP and IFRS principles, especially in terms of the guidelines surrounding business combinations and the concept of control. Now, given the similarity of the U.S. GAAP and IFRS equity investment accounting standards and their more recent emphasis on the control concept, one would not expect...