Advances in Accounting最新文献_第8页

Client importance and unconditional conservatism in complex accounting estimates 复杂会计估计中的客户重要性和无条件稳健性

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100615

Kenneth W. Shaw , James D. Whitworth

引用次数: 1

Value relevance of loan loss provision components and the choice of model specification 贷款损失准备成分的价值相关性和模型规范的选择

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100600

Ashish Pandey , Kousik Guhathakurta

{"title":"Value relevance of loan loss provision components and the choice of model specification","authors":"Ashish Pandey , Kousik Guhathakurta","doi":"10.1016/j.adiac.2022.100600","DOIUrl":"10.1016/j.adiac.2022.100600","url":null,"abstract":"<div><p>This paper investigates the level of paradigm development for estimation procedures used in identifying value relevance of loan loss provision components. The multiplicity of loan loss provision models poses a challenge to the researcher to select a specification while understanding the capital market impact of the discretionary and nondiscretionary components. We examine the differences that can emerge in understanding the value relevance of the components of the loan loss provision by use of different loan loss provision estimation models, market valuation models, scale-related deflators, and regression techniques. We develop estimates of the discretionary and non-discretionary components of the loan loss provision using nine different specifications and two scale-related deflators. We test the value relevance of these estimates on the market capitalization using two different valuation models and different regression approaches. Using a sample of banks in India, our empirical results show that the value relevance of the components of loan loss provision is conditioned on the choice of loan loss provision specification, the valuation model, and the regression approach.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"53968347","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Ownership type and earnings management in U.S. hospitals 美国医院股权类型与盈余管理

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100612

James N. Cannon , Melvin A. Lamboy-Ruiz , Olena V. Watanabe

引用次数: 1

Principles-based standards and conditional accounting conservatism 原则准则与条件会计稳健性

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100607

Gopal V. Krishnan , Jing Zhang

{"title":"Principles-based standards and conditional accounting conservatism","authors":"Gopal V. Krishnan , Jing Zhang","doi":"10.1016/j.adiac.2022.100607","DOIUrl":"10.1016/j.adiac.2022.100607","url":null,"abstract":"<div><p>While the regulatory push towards principles-based standards in the United States and elsewhere is based on the notion that principles-based standards are more informative to capital market participants relative to rules-based standards, we do not know how principles-based standards impact accounting conservatism for U.S. firms. Using a measure of a firm's reliance on principles-based versus rules-based standards, we contribute to the literature by empirically examining the relation between conditional accounting conservatism and use of principles-based standards for U.S. firms. We find that conditional accounting conservatism is <em>lower</em> for firms relying more on principles-based standards, and this association is more pronounced for firms with greater earnings management incentives. However, the negative relation between conditional conservatism and use of principles-based standards is mitigated when there are contracting or litigation concerns. Additional analysis shows that reliance on principles-based standards also reduces unconditional accounting conservatism. Our findings are robust to using alternative measures of accounting conservatism, firm fixed effects, and a difference-in-difference model. Our evidence informs the FASB and the SEC that adoption of principles-based standards comes at a cost and has implications for regulators, auditors, analysts, investors, and others.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"53968356","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

CEO power and discontinued operations 首席执行官权力和已终止的业务

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100613

Li Sun , Christopher J. Skousen

引用次数: 3

Firm life cycle and financial statement comparability 公司生命周期和财务报表可比性

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100608

Pallab Kumar Biswas , Ahsan Habib , Dinithi Ranasinghe

引用次数: 6

Auditor interventions that reduce auditor liability judgments 减少审计责任判断的审计干预措施

IF 1.6

Advances in Accounting Pub Date : 2022-09-01 DOI: 10.1016/j.adiac.2022.100614

Valerie A. Chambers , Philip M.J. Reckers

{"title":"Auditor interventions that reduce auditor liability judgments","authors":"Valerie A. Chambers , Philip M.J. Reckers","doi":"10.1016/j.adiac.2022.100614","DOIUrl":"10.1016/j.adiac.2022.100614","url":null,"abstract":"<div><p>Prior research documents jurors do not always respond consistently, or favorably, to auditors' quality-intended efforts. Counterintuitively, in some instances, doing more has led to greater liability, not less (Reffett, 2010). We hypothesize (and find) that proactive engagement of the corporate audit committee will reduce counterfactual thinking, and the proactive use of a forensic specialist at the audit planning stage will reduce negative intention-attributions. We further hypothesize these interventions, in turn, will reduce negative affect toward the auditor and negligence judgments. Our research leverages counterfactual thinking, attribution, and blame theories, and the use of affect as information. Additionally, we build on recent research that finds proactive preventive actions and the presence of a strong, active audit committee can reduce auditor liability judgments (Alderman & Jollineau, 2020; Frank, Grenier, & Pyzoha, 2021). Unlike Reffett (2010), we find that auditor's incremental efforts can reduce, rather than increase, negligence judgments. Our scenarios differ from those of Reffett in the timing and nature of auditor interventions and the root causes of the audit failure. We contribute to ongoing research examining the effects of auditor choices on jurors' judgments.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41935477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Auditor rotation, key audit matter disclosures, and financial reporting quality 审计师轮岗、关键审计事项披露和财务报告质量

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100594

Hsiao-Lun Lin , Ai-Ru Yen

{"title":"Auditor rotation, key audit matter disclosures, and financial reporting quality","authors":"Hsiao-Lun Lin , Ai-Ru Yen","doi":"10.1016/j.adiac.2022.100594","DOIUrl":"10.1016/j.adiac.2022.100594","url":null,"abstract":"<div><p>Auditor rotation is believed to affect financial reporting quality partly because of the fresh views brought by new auditors. However, fresh views are generally unobservable and are often presumed. This study examines fresh views as evidenced by changes in key audit matters (KAMs) following auditor rotation. Using data from Taiwan, we find that different KAM disclosures are more likely to be observed when there is a change in audit partner(s) than when there is none. The identification of different KAMs provides evidence of the fresh perspective of the new auditors. We also examine the association between financial reporting quality and auditor rotation based on whether there is a change in KAM disclosures. We find that auditor rotation is not significantly associated with accruals quality when there is no change in KAMs after the rotation. Auditor rotation tends to affect accruals quality only when different KAMs are provided by the succeeding audit partners. This finding suggests that auditor rotation influences financial reporting quality under circumstances when auditors change their assessments of significant risk, as this can affect the audit plan and process, and accordingly affect the audit results.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43382062","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Audit committee characteristics and compliance by Islamic banks with AAOIFI accounting standards 审计委员会的特点和伊斯兰银行对AAOIFI会计准则的遵守

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100596

Yosra MNIF , Marwa TAHARI

{"title":"Audit committee characteristics and compliance by Islamic banks with AAOIFI accounting standards","authors":"Yosra MNIF , Marwa TAHARI","doi":"10.1016/j.adiac.2022.100596","DOIUrl":"10.1016/j.adiac.2022.100596","url":null,"abstract":"<div><p><span>This study examines the effect of audit committee characteristics (size, independence, and expertise) on compliance with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI's) Financial Accounting Standards (FASs). Our sample consists of 372 bank-year observations from 2009 to 2015. Using panel regressions, our results provide evidence that compliance with AAOIFI's FASs is positively influenced by audit committee size. However, audit committee independence does not affect the compliance level. With respect to audit committee expertise, we find a positive and significant association between compliance with AAOIFI's FASs and accounting financial expertise. Moreover, our results reveal that audit committee members with accounting financial and culture expertise are positively and significantly associated with the level of compliance with AAOIFI's FASs. Interestingly, our finding suggests that an audit committee member with a combination of culture expertise (expertise in Islamic banking) and accounting financial expertise better improves the compliance level than an audit committee member with only accounting financial expertise</span><strong>.</strong></p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"53968266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Does mandatory IFRS adoption affect large and small public firms' accounting quality differently? Evidence from Canada 强制性采用国际财务报告准则对大型和小型上市公司会计质量的影响是否不同?来自加拿大的证据

IF 1.6

Advances in Accounting Pub Date : 2022-06-01 DOI: 10.1016/j.adiac.2022.100598

Gulraze Wakil , Karin A. Petruska

引用次数: 2