The Effect of Earnings Management on the Asymmetric Timeliness of Earnings

Article Abstract:

The article compares and contrasts common-law and code-law countries and the differences in timeliness of bad news recognition leading to earnings conservatism. It is argued that incentives for reducing earnings consistently exist for managers in code-law countries, enhancing the link between earnings and returns during bad-news periods.

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A Comparative Analysis of Auditor, Manager and Financial Analyst Interpretations of SFAS 5 Disclosure Guidelines

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Studies show that auditors and managers tend to be less conservative than financial analysts in their interpretations of 'probable' and 'remote' verbal phrases in the Statement of Financial Accounting Standards disclosure criteria. The interpretations of auditors and managers were also found to be similar. Implications are discussed.

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Accounting, Valuation and Duration of Football Player Contracts

Article Abstract:

The United Kingdom Financial Reporting Standards item FRS 10 requires capitalization and amortization in player contracts with soccer (football) companies. Discussion focuses on the applicability of asset capitalization criteria to such contracts, given their inherent uncertainty.

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