The Accounting Review

最新文章

• Did the 2007 PCAOB Disciplinary Order against Deloitte Impose Actual Costs on the Firm or Improve Its Audit Quality? AI翻译
  作者：Boone, Jeff P.; Khurana, Inder K.; Raman, K. K.
  作者单位：University of Texas System; University of Texas at San Antonio; University of Missouri System; University of Missouri Columbia
  摘要：We examine whether the December 2007 PCAOB disciplinary order against Deloitte affected Deloitte's switching risk, audit fees, and audit quality relative to the other Big 4 firms over a three-year period following the censure. Our findings suggest that the PCAOB censure was associated with a decrease in Deloitte's ability to retain clients and attract new clients, and a decrease in Deloitte's audit fee growth rates. However, methodologies used in extant archival studies yield little or no evid...
• Financial Reporting Disclosures: Market and Regulatory Failures AI翻译
  作者：Rajgopal, Shivaram
  作者单位：Emory University
• Nominal versus Interacting Electronic Fraud Brainstorming in Hierarchical Audit Teams AI翻译
  作者：Chen, Clara Xiaoling; Trotman, Ken T.; Zhou, Flora (Hailan)
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of New South Wales Sydney; University System of Georgia; Georgia State University
  摘要：In this study, we examine whether interacting hierarchical teams outperform nominal hierarchical teams in electronic brainstorming. Our hierarchical audit teams were composed of 111 managers and seniors from two Big 4 accounting firms. We compare fraud brainstorming outcomes between nominal and interacting teams for two tasks of varying complexity: a simpler task of fraud risk factor identification and a more complex task of fraud hypothesis generation. We find that nominal teams generate a si...
• Recognition versus Disclosure of Fair Values AI翻译
  作者：Mueller, Maximilian A.; Riedl, Edward J.; Sellhorn, Thorsten
  作者单位：WHU - Otto Beisheim School of Management; Boston University; University of Munich
  摘要：This paper examines pricing differences across recognized and disclosed fair values. We build on prior literature by examining two theoretical causes of such differences: lower reliability of the disclosed information, and/or investors' higher related information processing costs. We examine European real estate firms reporting under International Financial Reporting Standards (IFRS), which require that fair values for investment properties, our sample firms' key operating asset, either be rec...
• Six Decades of Research, Teaching, and Participation in the AAA AI翻译
  作者：Beaver, William H.
  作者单位：Stanford University
  摘要：These remarks provide some perspective on my six decades of research, teaching, and participation in the AAA. A recurring theme is that my career took several unexpected turns and that my research often had unexpected outcomes. Several areas of research are discussed, including the prediction of financial distress, the information content of earnings announcements, the information content of prices, accounting and market measures of risk, discretion in financial reporting, conservatism, and va...
• La comptabilite fondamentale [Basic Accounting], Collection recherches en gestion AI翻译
  作者：Degos, Jean-Guy
  作者单位：Universite de Bordeaux
• The Impact of Audit Evidence Documentation on Jurors' Negligence Verdicts and Damage Awards AI翻译
  作者：Backof, Ann G.
  作者单位：University of Virginia
  摘要：Audit workpapers play a key role in auditor negligence trials, yet little is known about how workpaper documentation affects jurors' decision making. I investigate how auditors' documentation of their consideration of the alternative accounting treatments and their risk-based audit approach influence jurors' negligence verdicts and damage awards. I find that documentation of their consideration of the accounting alternatives increases the likelihood that auditors are found negligent because it...
• Accounting Comparability and the Accuracy of Peer-Based Valuation Models AI翻译
  作者：Young, Steven; Zeng, Yachang
  作者单位：Lancaster University; Nanyang Technological University; Tilburg University
  摘要：We examine the link between enhanced accounting comparability and the valuation performance of pricing multiples. Using the warranted multiple method proposed by Bhojraj and Lee (2002), we demonstrate how enhanced accounting comparability leads to better peer-based valuation performance. Empirical tests using firms from 15 European Union (EU) countries over the period 1997-2011 (with comparable peers selected from the entire cross-section of foreign firms) document significant improvement in v...
• Has the Quality of Accounting Education Declined? AI翻译
  作者：Madsen, Paul E.
  作者单位：State University System of Florida; University of Florida
  摘要：For decades, prominent members of the accounting community have argued that the quality of accounting education is falling. Support for this claim is limited because of a scarcity of data characterizing the constructs of interest. This study is a comparative evaluation of the quality of accounting education from the 1970s to the 2000s using unique data to quantify education quality for accounting and many comparison disciplines. I find that, compared to most other types of college education, a...
• Numerical Formats within Risk Disclosures and the Moderating Effect of Investors' Concerns about Management Discretion AI翻译
  作者：Nelson, Mark W.; Rupar, Kathy K.
  作者单位：Cornell University; State University System of Florida; University of Florida
  摘要：We report the results of two experiments that provide evidence that investors' risk judgments are affected by the numerical format used to describe outcomes within accounting disclosures. Consistent with prior research in psychology, investors assess higher risk in response to dollar-formatted disclosures than to equivalent percentage-formatted disclosures. Consistent with the Persuasion Knowledge Model (Friestad and Wright 1994), this effect is moderated when investors have both (1) awareness...