August 2007

International Accounting Standards and Accounting Quality

by: Mary Barth, Wayne Landsman dan Mark Lang
We compare characteristics of accounting data for firms that adopt International Accounting Standards (IAS) to a match sample of firms that do not to investigate whether reporting under IAS is associated with predictable differences in accounting quality and cost of capital. After IAS adoption, firms evidance less earnings [...]

Comparative Value Relevance Among German, U.S. and International Accounting Standards: A German Stock Market Perspective

By: Eli Bartov, Stephen R. Goldberg, Myung-Sun Kim
U.S. Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IAS) compete for Internastional acceptance as reporting standards for capital markets around the world and in the U.S. Currently, the Securities and Exchange Commission (SEC) is considering the quality and acceptability of IAS, and has issued a Concept [...]