What happened to signaling models?

I have been reading another academic economics blog, Overcoming Bias.  The author, Robin Hansen, is an Associate Professor of Economics at George Mason University. According to the tag line, “Overcoming Bias is economist Robin Hanson’s blog, on honesty, signaling, disagreement, forecasting, and the far future.” Robin has written a number of posts arguing that many [...] Read more > >

Office Hours: Standard Setting, Research and New Media

This week for office hours (Tue, May 19th, 4pm ET) I will be leading an open discussion about the uses of new media for accounting researchers. You may already know that a number of high-profile academics have blogs and websites, particularly in Econ and Law.  Some examples: Read more > >

Research Opportunity on Financial Statement Presentation

As you might know from this call for survey participants, Regenia Cafini of the FASB is collecting data on several facets of “field test” she is conducting as part of the Financial Statement Presentation project.  As Regenia pointed out to me today, she is an accountant, not a statistician, and she would be “very keen” [...] Read more > >

Some Additional Hurdles to Convergence?

On the heels of this week’s excellent presentation by Christian Leuz and related discussion about the factors related to potential IFRS adoption in the U.S., I was reminded of a very interesting and related article written by George T. Tsakumis, David R. Campbell, Sr., and Timothy S. Doupnik that appeared in the Journal of Accountancy [...] Read more > >

Accounting Standards and Implementation Guidance

Should standard setters care about potential judgment biases introduced by implementation guidance? I was recently reading through a paper by Shana Clor-Proell and Mark Nelson (Journal of Accounting Research, Vol. 45, Iss. 4, September 2006) entitled, “Accounting Standards, Implementation Guidance, and Example-Based Reasoning.”  In this paper, Shana and Mark examine how the type of example [...] Read more > >