Financial reporting comparability: evidence on the impact of ambiguity tolerance and accounting standard guidance
| Autor: | Jin Shu Xu, Noel Harding |
|---|---|
| Rok vydání: | 2011 |
| Předmět: |
Finance
Organizational Behavior and Human Resource Management Actuarial science business.industry Interpretation (philosophy) Accounting management media_common.quotation_subject Comparability Accounting Accounting standard Presentation Beijing Accounting information system Financial accounting business media_common |
| Zdroj: | International Journal of Accounting, Auditing and Performance Evaluation. 7:359 |
| ISSN: | 1740-8016 1740-8008 |
| DOI: | 10.1504/ijaape.2011.042775 |
| Popis: | In this study, we investigate whether the provision of formal guidance in the interpretation of ambiguous principles-based accounting standard provisions contributes to, or detracts from, financial reporting comparability. Analysing judgments made by Chinese accountants working in Beijing, Shanghai, and Guangzhou, our results highlight that the presentation of comparable financial information is hindered by the presence of guidance. These results suggest that if national and international comparability is desired, standard setting authorities should exercise caution when incorporating guidance into accounting standards. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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