More Accounting Changes: Financial Reporting Through The Age Of Crisis And Globalization, Robert Bloom
Oct 2017
More Accounting Changes: Financial Reporting Through The Age Of Crisis And Globalization, Robert Bloom
Robert Bloom
No abstract provided.
Additional Evidence On The Impact Of The International Financial Reporting Standards On Earnings Quality: Evidence From Latin America, Mauricio A. Melgarejo
Sep 2017
Additional Evidence On The Impact Of The International Financial Reporting Standards On Earnings Quality: Evidence From Latin America, Mauricio A. Melgarejo
Mauricio Melgarejo
The purpose of this paper is to explore whether the adoption of the International Financial Reporting Standards (IFRS) has an impact on the quality of earnings in Latin America. Studying a sample offirms from Argentina, Brazil, Chile, Mexico, and Peru, I find that management reports a lower level of discretionary accruals after the implementation of the IFRS. In addition, this study provides evidence that earnings are more persistent and stock prices are more associated with earning numbers after the application of IFRS. This paper provides evidence that earnings quality has increased after the adoption of IFRS in Latin America.
Financial Regulation For A Better Society, Shyam Sunder
Jun 2017
Financial Regulation For A Better Society, Shyam Sunder
Shyam Sunder
The benefits of top down financial reporting regulation over the past eight decades are less obvious than its failures to achieve the purported goals. Perhaps it is time to give a chance to an alternative approach of regulatory competition.
Rethinking Financial Reporting: Standards, Norms And Institutions, Shyam Sunder
Jan 2017
Rethinking Financial Reporting: Standards, Norms And Institutions, Shyam Sunder
Shyam Sunder
No abstract provided.
Risk In Accounting, Shyam Sunder
Dec 2016
Risk In Accounting, Shyam Sunder
Shyam Sunder
Risk and uncertainty are inherent in the environment and functions of accounting. Accounting reports, systems, norms, and rules help people decide, and also determine how they decide in such environment. Diverse normative theories and descriptions of coping with risk and uncertainty yield different implications for accounting. Chambers was an articulate, forceful, and celebrated proponent of market values, while Ijiri did the same for historical costs. Elements of accounting theory that diverge in their emphases on historical cost versus market values can be linked to the divergence in the theories of risk and decision making. This largely unrecognized link between the …
