Results 331 to 340 of about 270,007 (401)
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Investor Sentiment, Accruals Anomaly, and Accruals Management
Journal of Accounting, Auditing & Finance, 2009This study examines the effect of investor sentiment on the accruals anomaly. We find that for small stocks mispricing per unit of accruals is greater in high sentiment periods as compared with low sentiment periods. This result is consistent with the notion that in high sentiment periods individual investors pay less attention toward understanding ...
Ashiq Ali, Umit G. Gurun
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Cash to accrual and cash to accrual
Accounting, Auditing & Accountability Journal, 2003This study traces the development of financial reporting in two publicly funded hospitals in New South Wales over the period 1857 to post‐1975, with particular focus on the use of cash and accrual accounting. The historical analysis draws on process and contextual change and stakeholder theory, and uses both primary and secondary data, to describe ...
Julie E.M. Scott +2 more
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Accruals, Investment, and the Accrual Anomaly
The Accounting Review, 2007This paper investigates two competing hypotheses for the accrual anomaly: investment/growth and persistence. Both investment/growth and persistence information in accruals are likely to vary cross-sectionally, depending on a firm's business model, a fact that generates different cross-sectional implications for the accrual anomaly.
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A theoretical basis for public sector accrual accounting research: current state and perspectives
Public Money & Management, 2019Public sector or government accounting has been the subject of many research endeavors. However, scholars have repeatedly criticized the lack of a consistent and well-defined theoretical basis for international research.
A. Bergmann +2 more
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Industry-Specific Discretionary Accruals and the Accrual Anomaly
SSRN Electronic Journal, 2012I motivate and implement a methodology that decomposes a firm’s discretionary accruals into a firm-specific and an industry-specific component. I find that the “accruals anomaly” (Sloan 1996) – the finding that firms with high discretionary accruals subsequently earn negative abnormal returns – is driven by firm-specific discretionary accruals.
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Clinical Trials, 2015 The Accounting Review, 2010
ABSTRACT: We document how the effectiveness of an accruals-based trading strategy changes with the benchmark used to identify an extreme accrual. We measure “percent accruals” as accruals scaled by earnings, rather than total assets, and show that this seemingly small change produces a radically different sort of the data.
Nader Hafzalla +2 more
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ABSTRACT: We document how the effectiveness of an accruals-based trading strategy changes with the benchmark used to identify an extreme accrual. We measure “percent accruals” as accruals scaled by earnings, rather than total assets, and show that this seemingly small change produces a radically different sort of the data.
Nader Hafzalla +2 more
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Accrual Accounting and Resource Allocation: A General Equilibrium Analysis
Journal of Accounting Research, 2018I evaluate the role of accrual accounting in improving firms' production decisions and resource allocation across firms. I introduce both cash flow and accounting earnings as imperfect measures of performance into a general equilibrium model with ...
J. Choi
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The Accruals-Cash Flow Relation and the Evaluation of Accrual Accounting
SSRN Electronic Journal, 2020Considerable research has evaluated the role of accruals in determining earnings, with an accrual-cash flow relation at the center of the investigation. However, much of the research is based on misconceptions. First, accruals are identified as the items that reconcile earnings to cash flows in the cash flow statement.
Oh, Hyung Il, Penman, Stephen
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Public interest and accrual accounting: are they aligned?
Journal of Accounting and Organizational Change, 2018Purpose The purpose of this paper is to evaluate the merits of accrual-based accounting for the public in an Indonesian local government. It gives insights into the connection between the new practices and responses from government apparatus.
Sylvia +3 more
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