Similar Search Results

Harmonization of the International Accounting System

Diaconu, Paul - 2007

benchmark: GAAP and IFRS. Each of them has his pluses and minuses on being the choused one. Due to this fact a convergence of …

Persistent link: https://www.econbiz.de/10014053437

Commonality of Accounting Standards and Investment Beauty Contests

Jiang, Xu; Tang, Chao; Zhang, Gaoqing - 2021

We study the optimal level of commonality of accounting standards when firms' investments exhibit beauty-contest features as in, e.g., Arya and Mittendorf (2016). We model more commonality of accounting standards as more correlated noises in firms' reports, consistent with the "more harmonized"...

Persistent link: https://www.econbiz.de/10013242677

Limitations of implementing an expected credit loss model

Bischof, Jannis; Haselmann, Rainer; Kohl, Frederik; … - 2022

The loan impairment rules recently introduced by IFRS 9 require banks to estimate their future credit losses by using … not apply IFRS 9 around this cut-off. This pattern is consistent with a strategic use of the increased reporting … introduction of IFRS 9 will likely also be associated with real economic effects. …

Persistent link: https://www.econbiz.de/10013492773

Competition of Accounting Standards, Comparability of Financial Information, and Critical Masses : An Evolutionary Approach

Kuhner, Christoph - 2010

Persistent link: https://www.econbiz.de/10013141029

Accounting Choice and the Fair Value Option

Guthrie, Katherine - 2012

Under the fair value option, SFAS No. 159, firms have full discretion over electing to report specified financial instruments at fair value on a contract-by-contract basis. Building on Henry's (2009) study of early adopting banks, this paper examines to what extent firms' election of instruments...

Persistent link: https://www.econbiz.de/10013116799

The IASB and FASB Stumble Over the Annuity Method of Depreciation

Zeff, Stephen A. - 2013

Even though the IASB and the FASB avowed that they would not use the annuity method of depreciation in their leases exposure draft of May 2013, they did so anyway, and with stealth. This article discusses and illustrates the annuity method of depreciation and then critically assesses how the...

Persistent link: https://www.econbiz.de/10013076076

Saying No in Standard Setting : An Examination of FASB Board Members’ Voting Decisions

Jiang, John (Xuefeng) - 2014

More than half of the 163 Statements of Financial Accounting Standards issued by the Financial Accounting Standard Board (FASB) between 1973 and 2007 were passed with dissenting votes. In this study, we investigate the factors associated with FASB board members' decision to dissent. We find that...

Persistent link: https://www.econbiz.de/10013061140

Unreliable accounts : how regulators fabricate conceptual narratives to diffuse criticism

Ramanna, Karthik - In: Accounting, Economics, and Law : AEL ; a convivium 12 (2022) 2, pp. 81-151

Persistent link: https://www.econbiz.de/10013261774

Accounting Choice and the Fair Value Option

Guthrie, Katherine - 2012

Persistent link: https://www.econbiz.de/10013112790

Accounting for financial instruments in the banking industry : conclusions from a simulation model

Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten - 2003 - Revised: November 2003

The paper analyses the effects of three sets of accounting rules for financial instruments - Old IAS before IAS 39 became effective, Current IAS or US GAAP, and the Full Fair Value (FFV) model proposed by the Joint Working Group (JWG) - on the financial statements of banks. We develop a...

Persistent link: https://www.econbiz.de/10009765358