Vorwort: Seit dem Jahr 2004 sehen die International Financial Reporting Standards (IFRS) keine planmäßigen Abschreibungen des derivativen Goodwills mehr vor. Stattdessen ist jährlich ein Werthaltigkeitstest (impairment-only-approach) durchzuführen, um zu prüfen, ob der Buchwert beibehalten...

The Western Balkans is experiencing an ongoing inflow of foreign direct investments (FDI) in the information and communications technology (ICT) industry as several European enterprises have already established their presence in the region. These inflows have generated large-scale ICT...

A wide range of parties involved in evaluating economic performance, including investors, auditors, interest groups, bankers, government organizations, academics, and analysts, can benefit greatly from the immediate detection of fraudulent financial reports. This research presents a novel...

Using a dataset covering 3 million commercial borrower financial statements, we document a substantial, nearly monotonic decline in banks’ use of attested financial statements (AFS) in lending over the past two decades. Two market forces help explain this trend. First, technological advances...

Ratios are commonly used to extract information from accounting reports. However, ratios present only part of the information available in their two components. This article infers the functional form of the information discarded by ratios. It then develops ratio complements that incorporate the...

The article deals with the author's approach to the analysis of corporate financial statements as a tool of financial management in modern conditions, which is based on the concept of compromise between risk and profitability, is characterized by universality and relative simplicity, involving...

Under IAS 17, around 85% of leases were reported as operating. Under IFRS 16, finance and operating leases are no longer separated. This study responds to the IFRS Foundation's call about the effects of implementing IFRS 16 by examining three types of effects: a combined effect, a...

This study examines the investigation of accounting factors through audited financial statements in businesses by analyzing the qualified staff and investment in technology for sustainable profit. Therefore, the main goal is to analyze whether qualified staff and investment in technology affect...

Despite external evidence that employers seek MBA graduates with cross-functional problem-solving skills, prior research does not utilize financial statement analysis (FSA) as a tool for nonprofessional investors (NPIs) to develop interdisciplinary perspectives on problem-solving. This paper...

The purpose of this article is to analyze the effect of the time value of money on the financial statement. The article also includes discussions on the income statement, retained earnings, statement of financial position, cash flow statement, and time value of money

This study examines the influence and importance of firm characteristics on the quality of financial statements of listed companies in Vietnam's stock market from the audit point of view. We use regression models and machine learning algorithms to investigate data from 2225 observations of...

Detection of fraudulent financial stewardship in the cash flow section is an exciting thing and is rarely studied. This research empirically tests the discovery of fraudulent financial statements based on basic cash flow shenanigans. The sample of this study amounted to 470 data mining companies...

There have been instances of different scandals involving financial records of companies. One of the most common ones is falsifying financial statements which is the exaggeration of the financial position of a company thereby misleading intending investors and the public at large. When this...

Quantitative Prognosen in der Rechnungslegung -- Zukunftsorientierung der Rechnungslegung -- Methodik und Datenbasis -- Cashflow- und Erfolgsprognosen -- Rechnungslegungspolitik als begrenzender Faktor quantitativer Modellierungen -- Modellgestützte Erfolgsprognosen für die...

"How should an investor challenge the market price and find value? This book provides a new lens, arguing that value investing is a matter of understanding the business through accounting. Stephen Penman and Peter Pope-leading authorities on accounting and its investment applications-demonstrate...

The qualitative information of companies’ financial statements provides useful information that can increase the accuracy of bankruptcy prediction models. In this research, a dataset of 924,903 financial statements from 355,704 German companies classified into solvent, financially distressed,...

Conducting informative profitability and valuation analyses requires reformulating the financial statements to separate operating activities—the core of value creation—from financing and other nonoperating activities. It also requires distinguishing between recurring and transitory items in...

Research Question/Issue: This paper examines whether CEOs whose writing is more difficult to read is a signal or proxy for difficulty in monitoring their activities, resulting in increased monitoring costs. If so, does this increased monitoring cost result in higher performance-pay sensitivity...

We provide theoretical and empirical insights into the impact of COVID-19 on Amazon's financial position. A longitudinal case study of Amazon's financial situation during the 2016-2020 period, and time-series analysis, ratio analysis, and DuPont analysis, are employed as a quantitative...

Financial statement evaluation and analysis is key to potential and exiting investors, as this serves as the major official document published and made available by companies that comprehensively highlight their performance for the period. In line with this, the study empirically investigates...

The usefulness of financial disclosures is a source of considerable debate in the municipal setting, given their lack of timeliness. This paper empirically examines the extent to which municipal financial disclosures have information content. Using the entire universe of annual financial...