... of SFAS 142 on the asymmetric timeliness of earnings. By employing all available firms with purchased goodwill balances rather than relying on firms that report impairment losses, our research design better captures the impact of SFAS 142 on financial reporting. Accounting standards Accounting...

...Edward M. Werner Purpose The purpose of this paper is to examine, in the context of movement towards a fair‐value based pension accounting standard, the value relevance of both recognized and disclosed pension accounting information. Design/methodology/approach Using hand‐collected data from...

... persist despite the use of common accounting standards and that legal and regulatory country characteristics as well as market forces could still have a significant impact on the value relevance of accounting data. a systematic depreciation of goodwill as well as a finite lifespan; a book value...

...Li Xu; Alex Tang Purpose The purpose of this paper is to examine the timing and the determinants of electing Statement of Financial Accounting Standard (SFAS) No. 159 in the banking industry. Design/methodology/approach The authors hypothesize certain factors that will potentially affect banks...

... Standards Board's pending adoption of Statement of Financial Accounting Standards No. 158 (SFAS 158). Design/methodology/approach Using logistic regression models, the paper compares 147 “freeze firms” with a matched sample of firms that did not announce a DB plan freeze. Empirical models control...

... of the classificatory discretion pervasive in other non‐GAAP earnings metrics. © Emerald Group Publishing Limited 2010 Earnings Financial reporting Accounting standards United States of America The usefulness of the current US generally accepted accounting principles (GAAP) earnings measure has...

... to companies that are perceived to be of higher risk. H2c. The stock market reacts more favorably to companies that are perceived to have lower financial reporting quality. © Emerald Group Publishing Limited 2010 Accounting standards Financial control Auditing United States...

... in the forth section. Analysis of the results is in the fifth section. In the final section, we conclude the paper and provide suggestions for future research. © Emerald Group Publishing Limited 2009 European Union Accounting standards Financial reporting European directives...

... of high‐quality accounting standards and corporate governance. Design/methodology/approach The study covers 46 developed and emerging market countries that are classified into four groups: Advanced, Asian, Central and Eastern European and Latin American. In order to eliminate the adverse effects...

...Claire Eckstein; Ariel Markelevich; Alan Reinstein Purpose The purpose of this paper is to examine the impact of firms using derivatives applying Statement of Financial Accounting Standards (SFAS) No. 133. It aims to measure the magnitude of cumulative effects of changes in accounting principle...

... concludes. © Emerald Group Publishing Limited 2008 Corporate governance Accounting standards Following disclosure of corporate fraud and the subsequent collapse of firms like Enron, WorldCom, and Global Crossing, Congress quickly passed the Sarbanes‐Oxley (SOX) Act. President...

... value, especially in the adoption year, because the new accounting standard helps firms with a substantial amount of goodwill to report a jump in earnings, and because the market might not be able to distinguish the cosmetic changes in earnings caused by the new standard from other changes in earnings...

... to address the development of accounting standards. Design/methodology/approach The approach is to use the fuzzy‐analytical‐hierarchical‐process (FAHP), recently developed by de Korvin and Klyele. Uncertainty in assigning priorities and the use of semantic variables lead naturally to the inclusion...