Knowledge that Transforms

Taxation, Earnings management, Net operating losses, Income shifting

Lynn Rees, Pieter Elgers, The Market's Valuation of Nonreported Accounting Measures: Retrospective Reconciliations of Non-U.S. and U.S. GAAP, Journal of Accounting Research, Vol. 35, No. 1 (Spring, 1997), pp. 115-127

This study investigates whether the Auditing Standards Board's (ASB's) Statement on Auditing Standards No. 82 (AICPA [1997]) requiring auditors to separately assess the risk of fraud will lead auditors to spend more time reading fraud cues and design audit plans that are more sensitive to fraud risk. In this paper, fraud means intentionally misstating the financial statements. Auditors' ability to detect fraud has received significant attention from researchers, practitioners, legislators, and policymakers (see, e.g., Albrecht and Willingham [1993], National Commission

Auditing, Auditor Judgment, Dilution effect, Non diagnostic information

Auditing, Auditor Judgment, Dilution effect, Accountability

Auditing, Performance evaluation, Decision justifiability, Auditor expertise

Peter Miller, Ted O'Leary, Capital Budgeting Practices and Complementarity Relations in the Transition to Modern Manufacture: A Field-Based Analysis, Journal of Accounting Research, Vol. 35, No. 2 (Autumn, 1997), pp. 257-271

Jane F. Mutchler, William Hopwood, James M. McKeown, The Influence of Contrary Information and Mitigating Factors on Audit Opinion Decisions on Bankrupt Companies, Journal of Accounting Research, Vol. 35, No. 2 (Autumn, 1997), pp. 295-310

Voluntary disclosure, Management forecasts, Information asymmetry, Bid-Ask spreads

Laureen A. Maines, Linda S. McDaniel, Mary S. Harris, Implications of Proposed Segment Reporting Standards for Financial Analysts' Investment Judgements, Journal of Accounting Research, Vol. 35, Studies on Experts and the Application of Expertise in Accounting, Auditing, and Tax (1997), pp. 1-24