Double-entry bookkeeping (DEB) is used by most large firms even though scholars do not understand why they chose DEB. We address three questions about DEB’s gradual displacement of single-entry bookkeeping (SEB): (1) What is the main benefit of DEB? (2) How did DEB emerge and evolve? and (3)...

Over the last decade, there has been much empirical research on Chinese accounting conservatism. This research started with Ball, Robin and Wu (2000) that was one of the first papers to apply modern research methods to Chinese data. In this paper, I survey the early research on conservatism to...

Over the last decade, there has been much empirical research on Chinese accounting conservatism. This research started with Ball, Robin and Wu (2000) that was one of the first papers to apply modern research methods to Chinese data. In this paper, I survey the early research on conservatism to...