ACCRUAL RECORDING OF INTEREST REVISITED: WHY THE SNA MUST BE REVISED A comment on the IMF Paper on Interest Accrual

Accrual Recording of Interest: Is there a Case for Revising the 1993 SNA?

Interest and Index-linked Debt Instruments (BOPCOM-05/32) - Eighteenth Meeting of the IMF Committee on Balance of Payments Statistics Washington, D.C., June 27–July 1, 2005

(2) Issues – see BOPTEG Issues Paper # 26 and Background paper prepared by Chris Wright (i) The BOPTEG meeting in December 2004 discussed the treatment of index-linked instruments and recognized the complexity of the issue. The discussion was based on an approach consistent with the debtor approach to recording interest. (ii) The group considered two methods for determining interest (using the ...

Calculating the Accrual of Interest on Tradable Debt Securities, prepared by John Joisce of the IMF Statistics Department and Chris Wright of the Bank of England. October 23, 2000

Explaining Accrual Anomaly Using Ohlson Method in Tehran Stock Exchange

One of the anomalies of the capital market is accrual anomaly. This anomaly refers to the negative relationship between returns and accruals. In the case of accrual anomaly, two behavioral and rational expectations have been raised. The main purpose of this study is to explain accrual anomaly using a new approach to distinguish an anomaly interpretation of risk interpretation. For this purpos...

Explaining Accrual Anomaly Using Multi-factor Pricing Model in Tehran Stock Exchange

Objective: The main objective of this research is to explain the accrual anomaly using accruals factor (CMA) and accrual-based factor-mimicking portfolios as well as checking whether accrual anomaly is risk-based or mispricing. According to rational frictionless asset pricing model, the ability of accruals to predict returns should come from the loadings on this accrual factor loading that pred...