AN EXAMINATION OF THE EFFECT OF THE PRESENTATION OF SUPPLEMENTAL CURRENT REPLACEMENT COST INFORMATION ON INDIVIDUAL INVESTMENT DECISION MAKING: A BEHAVIORAL STUDY.
The adequacy of the historical cost financial accounting data traditionally disclosed to investors has long been questioned. In response to the apparent deficiencies in traditional disclosures, the Securities and Exchange Commission and the Financial Accounting Standards Board have required that replacement cost data be disclosed as supplements to the traditional historical cost data. The SEC requirement applied to the annual 10-K reports of large, publicly-held corporations. The FASB requirement applied to the disclosures of large corporations in published annual reports to shareholders. In light of the similarities between the two requirements, the SEC permitted the FASB pronouncement to replace its requirements.
Authors: | HOFFMAN, MICHAEL JOSEPH RISSER. |
---|---|
Institutions: | Indiana University, Kelley School of Business |
Subject: | Business Administration | Accounting |
Saved in:
Saved in favorites
Similar items by subject
-
Entrepreneurship and management
(2019)
-
Entrepreneurship and Management
Balcerzak, Adam P., (2017)
-
McBride, Karen M., (2022)
- More ...