On February 26, FASRI will host a Roundtable discussing issues related to rules vs. principles-based standards.  Professor Rick Mergenthaler from the University of Iowa will lead a discussion based on his research into rules vs. principles-based standards and how they relate to litigation, earnings management, and other earnings attributes. For background you can read Professor Mergenthaler’s papers in this area: “Rules-Based Accounting Standards and Litigation” in The Accounting Review (July 2012 with Dain Donelson and John McInnis), “Principles-Based versus Rules-Based Standards and Earnings Management” (on SSRN), and “Principles-Based Standards and Earnings Attributes” (on SSRN with Paul Hribar, David Folsom, and Kyle Peterson).

The Roundtable is scheduled at 4pm eastern time on Tuesday, February 26.

To participate in the Roundtable, please follow these instructions.

1) Go to http://intercall.webex.com anytime after 3:30 pm (New York time) on February 26.

2) Type in the following meeting number: 594-891-221 and click “Join Now”.

3) On the next page, fill in your name, email address, and the password “Fasri001” (case sensitive). Then click “Join”.

4) After joining the meeting, you will be prompted for your telephone number. Insert your telephone number and click the “Call Me” button. Your phone will ring, which you can use to hear and speak. Please remember to put yourself on mute when you are not speaking (can be done by clicking the mic next to your name).