How True or Fair is “True and Fair”?

One of the topics that came up in last week’s Round Table on Alternative Conceptual Frameworks was a discussion of the true and fair override. It came up when we were talking about one difference between US GAAP and IFRS being that Read more > >

How True or Fair is "True and Fair"?

One of the topics that came up in last week’s Round Table on Alternative Conceptual Frameworks was a discussion of the true and fair override. It came up when we were talking about one difference between US GAAP and IFRS being that Read more > >

AAA FASC Weighs in on Revenue Recognition

The AAA Financial Accounting Standards Committee (FASC) recently submitted a comment letter in response to the FASB/IASB’s discussion paper on revenue recognition. This letter is unusual because it is one of few (if any others) that draw on existing academic research to support its arguments. In that regard, the FASC has provided a useful service [...] Read more > >

Anthony Hopwood at Office Hours: Implications of the Financial Crisis for Accounting Research (and other matters)

Office Hours next week will feature a conversation with Anthony Hopwood about what the financial crisis means for accounting (and finance) researchers.  We will be changing our schedule a little bit:  the session will be at 11am ET, Tuesday, July 14th. Information about getting to the session can be found here. Anthony has a most [...] Read more > >

Brainstorming Session on Fair Value Research

In our next session of office hours (Tue, June 16th, 4pm ET), we will have our second brainstorming session. For those of you who couldn’t make the first brainstorming session, Bob Lipe led us in a discussion of research ideas related to leasing.  As in any good brainstorming session, Read more > >

Office Hours: Who’s Afraid of Performance Reporting?

Kathy Petroni (Michigan State) will be joining us June 10th, 11am ET, to talk about her paper “Comprehensive Income:  Who’s Afraid of Performance Reporting?”. The paper, co-authored with Linda Bamber, John Jiang and Isabel Wang, now forthcoming in The Accounting Review, touches on some timely and controversial topics. Read more > >

Brainstorming Research Ideas Related to Leasing

This week, office hours (Tue, June 2nd, 4pm ET) will consist of something a bit different.  In particular, I want to see if we can have an interactive session involving bouncing research ideas off of each other.  This is one of the types of sessions that we discussed during May 19th office hours. How can [...] Read more > >

Revenue Recognition Constraints and Earnings Informativeness

Anup Srivastava (Northwestern) presented a research paper at today’s FASRI Office Hours. In this post, I briefly recap the takeaways from the paper and some of the questions that were asked by participants in today’s office hours. Read more > >

Is Objectivity Overemphasized in Accounting Research? (Or is it only a question of by how much?)

My guess is that most doctoral students in accounting are still being taught the same history I have been:  In the beginning, accounting research was shapeless and without form.  Wait, I meant normative and qualitative.  Then, with the publication of Ball and Brown’s 1968 paper, the literature has taken a sharp turn toward positivism (drawing [...] Read more > >

FASB Survey–Please Participate

The FASB is conducting tests of its proposed new financial statement presentation Discussion Paper, and they would like accounting faculty members to provide feedback on the new financial statement format and related reconciliation. To participate, click here; note that this is not a trivial commitment:  you will need to analyze financial statements and then make [...] Read more > >