This paper reviews the empirical literature on the determinants and decision usefulness of
goodwill reporting. We structure our discussion around five guiding questions that reflect …

Purpose–This paper aims to discuss fair value accounting and its usefulness to financial
statement users. The European Commission has recently endorsed IFRS 13 on fair value …

As part of the Securities and Exchange Commission's revision of Regulation S–K, which lays
out reporting requirements for publicly-listed companies, many investors proposed the …

This study explains the challenges associated with the) procedure to control for selection
bias, assesses the quality of its application in accounting research, and offers guidance for …

This study examines European stock market reactions to 16 events associated with the
adoption of International Financial Reporting Standards (IFRS) in Europe. European IFRS …

Statement of Financial Accounting Standards No. 157 (FAS No. 157), Fair Value
Measurements, prioritizes the source of information used in fair value measurements into …

While managers' accounting and financial decisions are, for many, fascinating topics,
selection bias poses a serious challenge to researchers estimating the decisions' effects …

In financial reporting, US and international accounting standard-setters have issued several
disclosure and measurement and recognition standards for financial instruments. The …

The choice between fair value and historical cost accounting is the subject of long-standing
controversy among accounting academics and regulators. Nevertheless, the market-based …

Reliability is an essential characteristic for accounting information to be useful for decision
making. Reliability represents the extent to which the information is unbiased, free from …