We investigate the role of analysts' cash flow forecasts in mitigating the accrual anomaly in an international setting. Based on a sample from 20 world market economies, we find less market overestimation of the accrual component of earnings for firms where analysts issue both cash flow...

We investigate the role of analysts’ cash flow forecasts in mitigating the accrual anomaly in an international setting. Based on a sample from 20 world market economies, we find less market overestimation of the accrual component of earnings for firms where analysts issue both cash flow...

A concurrent session at the 2011 American Accounting Association Annual Meeting featured the panel discussion “Results, Challenges, and Opportunities in Cross-country Accounting Research.” The panelists summarized major contributions from prior research in international settings, factors a...