会计准则对会计信息质量的影响.doc

本科毕业论文(设计)
外文翻译
题目我国上市公司资产质量信息的披露研究
专业会计学
外文题目 The Effects of Accounting Standard
Setting on Accounting Quality
外文出处 University of Wisconsin
外文作者 Mark Kohlbeck and Terry Warfield

原文:
The Effects of Accounting Standard Setting on Accounting Quality
Abstract
We investigate the accounting quality attributes of een general purpose accounting standards implemented over the past thirty years. Our research is timely given recent criticism of . standard setting, within the context of international convergence. Evidence on how . accounting standards impact accounting quality helps evaluate the overall standard setting process. While we find no differences in earnings forecast dispersion or persistence before and after accounting standards implemented during this period, analyst forecast errors decrease following new standards consistent with improved information environments for the analysts to forecast earnings. Earnings response coefficients (ERCs) and accrual quality decrease, but the value relevance of the balance sheet increases, consistent with the trend toward an asset/liability focus of accounting standards. These results are consistent with FASB’s adherence to definitions of assets and liabilities (a balance sheet focus) and enhanced disclosures in implementing standards during this period. Thus, we provide evidence based on existing standards that can be used to assess the merits of the . standard setting and to evaluate proposals on the direction of future standard setting.
Key Words: Accounting Quality, Accounting Standard Setting. GAAP
1 Introduction
We investigate the impact of standard-setting over the past 30 years on various attributes of accounting data. The attributes examined monly associated with the quality of accounting reports. Specifically, we examine the impact of een accounting standards promulgated by the Financial Accounting Standards Board (FASB) on various accounting quality metrics. Understanding how accounting s