Download or read book The Information Content of Accounting Changes written by Walter T. Harrison and published by . This book was released on 1976 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Information Content of Accounting Changes written by Walter Thomas Harrison and published by . This book was released on 1980 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The End of Accounting and the Path Forward for Investors and Managers written by Baruch Lev and published by John Wiley & Sons. This book was released on 2016-06-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.
Download or read book An Evaluation of the Information Content of Statement of Financial Accounting Standards No 2 written by Kathleen Elizabeth Sinning and published by . This book was released on 1978 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Firm Size Industry Accounting Norms and the Information Content of Accounting Change Announcements written by Kun Young Chung and published by . This book was released on 1988 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Empirical Investigation of the Effect of Accounting Changes on Investor Behavior written by Richard E. Baker and published by . This book was released on 1974 with total page 762 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Information Content of Accounting Reports as a Criterion for Selecting from Among Alternative Accounting Methods written by Thomas Ellwood King and published by . This book was released on 1973 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book More Accounting Changes written by Robert Herz and published by Emerald Group Publishing. This book was released on 2016-09-12 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, More Accounting Changes, is a revised and updated edition of Herz’s earlier work, reflecting: developments in financial reporting; global developments regarding the use of International Financial Reporting Standards; current efforts at disclosure modernization and simplification by the SEC and FASB; and more developments in the field.
Download or read book Principles of Econometrics written by Henri Theil and published by John Wiley & Sons. This book was released on 1971-06-15 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical tools: matrix algebra; Statistical tools: inference and distribution theory; Least squares and the standerd linear model; Partial and miltiple correlation; The statistical analysis of sisturbances; Generalized least squares and linear constraints; The combination of several linear relations; Asymptotic distribution theory.
Download or read book Accounting written by Richard Schwindt and published by . This book was released on 1990 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: What universities teach, and the readings they assign for this subject.
Download or read book Accounting Changes written by Robert H. Herz and published by American Institute of Certified Public Accountants (AICPA). This book was released on 2013-01-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Information Content of Accounting Reports written by Jonathan F. Ross and published by . This book was released on 2013 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible to quantify the information content of financial statements? If possible, then how? This study examines accounting as a classical communication system with the purpose of providing a framework with which to approach these fundamentally important questions. Information theory was established in the early-mid 20th century to describe the properties of classical communication systems. Applying concepts from this theory to an accounting context provides insight into the questions asked above. Specifically, a measure of the information content of a message in general and the financial statements in particular is developed from information theory concepts which originated with Claude Shannon -- the father of modern information theory -- in the 1940's. The measure is able to extract information contained in the financial statement numbers to predict firm performance despite the fact the numbers themselves do not easily admit insight. Thus, there seems to be "hidden'' information in the numbers that the measure captures which, in hindsight, helps predict firm price movements. Specifically, as a validity check, I provide evidence that the measure alone explains 10% of the variation in returns for a cross-section of firms.
Download or read book Accounting Theory written by Harry I. Wolk and published by SAGE. This book was released on 2008 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents complex materials in a clear and understandable manner. Incorporating the latest accounting standards and presenting the most up-to-date accounting theory from the top academic journals in accounting and finance throughout the world.
Download or read book The Modern Theory of Financial Reporting written by Lawrence David Brown and published by Business Publications, Incorporated. This book was released on 1987 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Information Processing and the Effects of Accounting Changes written by Donna Rae Philbrick and published by . This book was released on 1984 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Changing Relevance of Accounting Information to Debt Holders Over Time written by Dan Givoly and published by . This book was released on 2016 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of studies have examined the change over time in the information content of accounting numbers to stockholders. However, the stockholders' perspective is not necessarily identical to that of debt holders. The two groups face different risks and rewards and thus their informational needs are not the same. We examine the change in the information content of accounting numbers over time from the debt holders' perspective and hypothesize about the economic and reporting factors likely to affect this change. Using the association between accounting numbers and bond valuation and returns, we find that the information content to debt holders has increased over time. In contrast, but consistent with prior studies, we find that the information content to equity holders has declined. The results suggest that the increased information content to debt holders is related to changes in credit risk and to reporting factors such as the increase in reporting conservatism, the shift towards fair value accounting, and the increase in the frequency of losses. The findings contribute to the scant literature on the use of accounting information by debt holders and the extent to which financial reporting meets their unique needs.
Download or read book The Impact of Accounting Research on Practice and Disclosure written by A. Rashad Abdel-Khalik and published by Durham, N.C. : Duke University Press. This book was released on 1978 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers from a symposium held at Duke University, Durham, N.C., on December 3 and 4, 1975.
