Showing 1 - 10 of 28
Financial Reporting Standard No3 (FRS 3): Reporting Financial Performance, which came into force in 1993, increased UK firms' discretion in classifying exceptional items. We examine how this increased discretion affected their use of classificatory smoothing and inter-temporal smoothing through...
Persistent link: https://www.econbiz.de/10009439718
We examine whether UK firms engage in earnings management or forecast guidance to ensure that their reported earnings meet analyst earnings expectations. We explore two earnings management mechanisms: (a) positive abnormal working capital accruals; and (b) classification shifting of core...
Persistent link: https://www.econbiz.de/10009439727
This study explores the market response to achieving analyst earnings expectations, distinguishing between expectations achieved through earnings forecast guidance and earnings management. We consider three earnings management tools: real earnings management, working capital accruals management,...
Persistent link: https://www.econbiz.de/10009440413
Purpose – This paper aims to explore the application of the business risk audit (BRA) approach within non-Big-4 audit firms in the USA, the UK and Canada. This paper focuses on the motivation for adopting this approach for non-Big-4 audit firms in the three countries, and the advantages,...
Persistent link: https://www.econbiz.de/10014869643
Persistent link: https://www.econbiz.de/10012886449
Persistent link: https://www.econbiz.de/10014234300
Persistent link: https://www.econbiz.de/10011526785
Persistent link: https://www.econbiz.de/10011405344
Persistent link: https://www.econbiz.de/10011809012
The study investigates the value relevance of accounting information for Islamic, conventional and hybrid banks. It also investigates the moderation impact of IFRS adoption and AAOIFI mandatory adoption on value relevance of accounting information. Using value relevance models, we run panel data...
Persistent link: https://www.econbiz.de/10013213207