American Accounting Association
‘Opinion-Shopping’ Compromises Auditor Independence
While it may serve the interests of struggling companies, shopping for a favorable audit opinion lessens auditor independence and audit quality.
Here’s Another Reason to Avoid Tax Avoidance
Aggressive tax planning sows confusion not only about companies' taxes but also about the basics of their operations and finances.
SOX 404(b) Provides Investor Value After All
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
Manipulate Cash Flow to Boost Credit Ratings?
The role of credit-rating agencies in determining interest costs on bank loans leaves much to be desired, a study finds.
The Dark Side of Accounting Expertise
For top executives, managerial experience at an auditing firm is not necessarily a virtue, especially among those who are highly paid, a study finds.
Flaunting Strong Earnings Damages Stock Price
After a quick boost, share prices tend to drop over the longer term for companies that quantify strong results in earnings-release headlines.
Study Supports Scrapping the 10-Q
Research yields first-of-its-kind evidence that greater reporting frequency begets corporate myopia.
Study Finds Disturbing Evidence of Earnings Management
Not only companies but also stock analysts and earnings-data clearinghouses are linked to the deception.
Study Pans Disclaimers on Forward-Looking Statements
The disclaimers actually do less to protect investors than protect the companies that make them, research suggests.
Fears Over Downside to Clawbacks Are Unwarranted: Study
Contradicting prior research, a new report finds that increased performance-based compensation for CFOs actually steers them away from earnings management.
Do Big Four Auditors Unfairly Raise Fees?
The longer the tenure of a company's Big Four auditor, the greater the fee — even though the effort required of the auditor lessens over time.