Fair value accounting is a concept whose main goal to provide quality information about financial status, success and cash flows in order satisfy the informational needs of investors. By introducing this concept, focus placed on balance sheet not income statement as was case historical cost concept. The reporting show assets, liabilities net assets at fair date. subject research work applicatio...

In the t rad i t iona l approach to semant ics t r u t h values are assigned to sentence types. Moreover, the mean i ng of l inguistic expressions is given th rough a m a p which associates with t h e m extra l inguis t ic enti t ies, in such a way tha t the mean ing of a complex expression is derivable f rom tha t of its components . By t rea t ing equal ly all tokens of the same expression su...

This paper investigates how the characteristics of information security incidents and disclosures in financial reports affect the valuation of a firm. Building on theories of disclosures in the accounting literature, we investigate investor reaction to disclosures through both quantitative and qualitative analyses. A cross-sectional analysis is first performed to examine the effect of the numbe...

We provide a simple comparative test of contracting and value relevance theories of accounting, using data on the importance of countries’ debt and equity markets. Contracting (debt markets) theory predicts conditional conservatism, in the Basu (1997) sense of asymmetrically timelier loss recognition than gain recognition, as proxied by a stronger relation between earnings and negative returns....