I investigate how the use and voluntary disclosure of synthetic leases is affected by incentives to defer cash outflows and manage the financial statements by keeping debt off the balance sheet. I find that managers of cashconstrained firms with incentives to defer cash payments are more likely to finance asset purchases with synthetic leases. Themandated reporting for synthetic leases all…
This paper studies managers’ preferences among information acquisition and disclosure policies when their firms are required to engage in “real-time” or “continuous” financial reporting. The paper predicts that for many, but not all, processes describing the distribution of their firms’ cash flows, when subject to such reporting requirements, managers will engage in disclosure …
ABSTRACT: Accounting should pay more attention to errors, as errors are essential for the updating of beliefs. Accounting is an information system, and errors are the carriers of information according to Bayes’ Theorem. Accountants are primarily concerned with the mean value, but the variance of accounting numbers is equally important. Only autocorrelation makes historical accounting re…
SYNOPSIS: This is the second article of a two-part series analyzing the economic and policy factors related to the potential adoption of IFRS by the United States. In Part I see Hail et al. 2010, we develop the conceptual framework for our analysis and discuss economic factors driving the costs and benefits associated with IFRS adoption. In this part, we provide an analysis of the politic…
The purpose of this article, using evidence from the archives of ASEA, of contemporary publications, and of statements by eye witnesses, is to identify and describe the principal forces and actors which shaped the Swedish cost accounting system, a system moulded in a process starting in the early twentieth century and ending in 1936 with the approval of a set of recommendations for uniform p…
This study examines discretionary accruals associated with firms’ reaching profitability after a series of quarterly losses. As firms approach profitability, we posit they will be characterized with less income increasing discretion given the reversing nature of accruals. We find results consistent with this expectation. The discretionary accrual behavior for firms that remain profitable…
We use confidential, U.S. Census Bureau, plant-level data to investigate aggregation in external reporting. We compare firms’ plant-level data to their published segment reports by grouping a firm’s plants that share the same four-digit SIC code into a “pseudo-segment.” We then determine whether each pseudo-segment is disclosed as an external segment, or whether it is subsumed into …
ABSTRAKSI Dalam menjalankan Otonomi Daerah, Pemerintah Daerah dituntut untuk menjalankan roda pemerintahan yang efektif, etlsien, dan mampu mendorong peran masyarakat dalam meningkatkan pemerataan dan keadilan dengan mengembangkan seluruh potensi yang dimiliki oleh masing-masing daerah. Keberhasilan Otonomi Daerah tidak terlepas dari kemampuan dalam bidang keuangan Tujuan dari Penelitian ini …
ABSTRAK Dhimas Bagus Irawan.NPM4308500674. Skripsi. Analisis Perkembangan Kemampuan Keuangan Daerah Dalam Mendukung Pelaksanaan Otonomi Daerah Di Kabupaten Pemalang. Progdi Akuntansi. Fakultas Ekonomi Universitas Pancasakti Tegal Tujuan yang hendak dicapai dalam penelitian ini adalah untuk mengetahui tingkat perkembangan kemampuan keuangan dalam rangka mendukung pelaksa…
ABSTRAK Yuyun Rismawati / 4309500769. Judul: “Pengaruh Perputaran Piutang dan Pengumpulan Piutang Terhadap Likuiditas Pada PT.Tirta Adi Sejahtera Kabupaten Tegal. Skripsi. Program Studi Akuntansi Universitas Pancasakti Tegal. Skripsi. 2011. Rumusan masalah penelitian (1) Apakah perputaran piutang dan pengumpulan piutang secara simultan berpengaruh terhadap likuiditas …