Comments on: More on Litigation-Related Disclosures and Working with the FASB on Research http://www.fasri.net/index.php/2009/09/more-on-litigation-related-disclosures-and-working-with-the-fasb-on-research/ Just another WordPress weblog Mon, 30 Jan 2012 18:54:30 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bob Lipe http://www.fasri.net/index.php/2009/09/more-on-litigation-related-disclosures-and-working-with-the-fasb-on-research/comment-page-1/#comment-3153 Bob Lipe Thu, 17 Sep 2009 17:19:30 +0000 http://fasri.net/?p=1292#comment-3153 Sounds like an excellent example of how research can prove useful to the FASB. Clearly, this research has been beneficial to the standard setter. But to truly benefit the researcher, it needs to be published. For good or bad, academic rewards systems are generally based on published papers rather than working papers. One issue with type of research is where will it be published? I raise this issue because I want doctoral students who may be reading the posts to understand the trade-offs in picking research topics. I would classify this study as "descriptive" in the sense that it describes what firms are doing without testing any theories about why they do it or about the consequences of disclosing/not disclosing. Doctoral students should understand that top-tier academic accounting journals often times shy away from descriptive studies such as this. However, Accounting Horizons is more accepting of descriptive studies if they are linked to a practical or policy issue like this one is. Best of luck with the paper, Ray. Sounds like an excellent example of how research can prove useful to the FASB. Clearly, this research has been beneficial to the standard setter. But to truly benefit the researcher, it needs to be published. For good or bad, academic rewards systems are generally based on published papers rather than working papers.

One issue with type of research is where will it be published? I raise this issue because I want doctoral students who may be reading the posts to understand the trade-offs in picking research topics. I would classify this study as “descriptive” in the sense that it describes what firms are doing without testing any theories about why they do it or about the consequences of disclosing/not disclosing. Doctoral students should understand that top-tier academic accounting journals often times shy away from descriptive studies such as this. However, Accounting Horizons is more accepting of descriptive studies if they are linked to a practical or policy issue like this one is.

Best of luck with the paper, Ray.

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