This study investigates the role of audit styles at different levels on financial statement comparability in South Africa, a setting where firms report under International Financial Reporting Standards (IFRS), institutional environment is strong and dominated by Big 4 firms. An output‐based measure used to consider association between firm level, office level individual auditor comparability. E...

The links among better financial reporting, better markets, and better economy and society are arguable, but they remain poorly understood. The addition of IFRS to the set of available alternatives may improve these linkages, but granting them monopoly status does not. Claims that the universal adoption of IFRS as a single set of high-quality principles-based standards will yield global compara...

Purpose: This study aims to determine the effect of internal control system, information technology, applying accounting standards, human resources competence, and role auditors on quality financial reports local governments. Theoretical framework: Internal affect reports. According agency theory, improves government performance increasing accountability by reducing asymmetry. Additionally, und...

The message, stylistic focus, language and readability of financial reports are good indicators of the perspectives and developments of any company. These indicators can guide companies ̓decision makers to more efficient actions in the dynamic business environment. In this paper, we have studied the language and contents of quarterly financial reports using automated linguistic and text mining ...

Disagreement in Partners’ Reports of Financial Difficulty We use unique data in which both partners report about household finances to demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. Four alternative explanations for this disagreement are tested using the data. The results indicate that disagreement may be related t...

introduction: the quality of financial reports is measured by accruals, and these accruals can be manipulated by managers. therefore, managers by manipulating the accruals can affect the quality of financial reports. in this research, a new non-financial element has been considered as manager's ability, and its goal is to investigate the effect of manager's ability on the relationship between t...

ABSTRACT Following management theory on organizational legitimacy, we predict that managers mimic the accounting of industry-leading companies to gain legitimacy. Such demand for legitimacy is expected be greater new because stakeholders are more uncertain about managers’ ability. Using a sample CEO turnovers, find firm increases financial statement comparability with industry leaders after ass...

Many of the origins of the recent financial crisis were in the United States, beginning with subprime mortgages and mortgage securities. As the crisis spread globally, few market participants or regulatory authorities saw it coming, and all underestimated its severity. In the United States, the crisis has sparked many proposals to address its perceived causes and prevent a recurrence. Proposals...