Results 311 to 320 of about 151,257 (386)

Investor Sentiment, Accruals Anomaly, and Accruals Management

Journal of Accounting, Auditing & Finance, 2009
This 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, 2003
This 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, Jill L. McKinnon, Graeme L. Harrison   +2 more
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Entropy-balanced accruals

Review of accounting studies, 2019
This study assesses whether the accrual-generating process is adequately described by a linear model with respect to a range of underlying determinants examined by prior literature.
Jeff L. McMullin, B. Schonberger
semanticscholar   +1 more source

Accounting Comparability, Financial Reporting Quality, and the Pricing of Accruals

Advances in Accounting, 2019
This study examines the impact of accounting comparability on financial reporting quality and the extent to which financial statement users understand the implications of firms' accruals. We predict that comparability improves the information environment,
Anthony Chen, J. Gong
semanticscholar   +1 more source

Accruals, Investment, and the Accrual Anomaly

The Accounting Review, 2007
This 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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Industry-Specific Discretionary Accruals and the Accrual Anomaly

SSRN Electronic Journal, 2012
I 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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Research Design Issues in Studies Using Discretionary Accruals

Abacus. A Journal of Accounting and Business Studies, 2018
Because discretionary accruals are known to be noisy proxies of earnings management that often produce biased results, we argue that a correlation between discretionary accruals and a hypothesized factor is generally not an adequate basis for valid ...
M. McNichols, Stephen R. Stubben
semanticscholar   +1 more source

Percent Accruals

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, Russell J. Lundholm, E. Matthew Van Winkle   +2 more
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The Effect of Accrual Heterogeneity on Accrual Quality Inferences

The Accounting Review, 2021
ABSTRACT We investigate the impact of the mixed attribute GAAP measurement model on accrual quality inferences. GAAP rules vary from an income statement “matching” focus to a balance sheet “fair-value” focus. Accrual properties are also affected by the business activity being measured and the activity's recurrence.
Patricia M. Dechow, Chad R. Larson, Robert J. Resutek   +2 more
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The Accruals-Cash Flow Relation and the Evaluation of Accrual Accounting

SSRN Electronic Journal, 2020
Considerable 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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