The Future of Financial Reporting: Insights from Research.

• Autores: Mary E. Barth
• Localización: Abacus: A journal of accounting, finance and business studies, ISSN 0001-3072, Vol. 54, Nº 1, 2018, págs. 66-78
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Dialnet Métricas: 2 Citas
• Resumen

  • Research offers insights that, if heeded and built upon, could improve financial reporting, thereby contributing to a more prosperous society. In particular, research suggests improvement could stem from greater use of fair value; a performance statement designed to reveal the information embedded in changes in fair value; better information to help investors assess the value of intangible assets; more specific information about risk and uncertainty; information that is unbiased, rather than conservative; acceptance of a degree of earnings management together with a determination of how much earnings management is acceptable; and a financial reporting package designed to convey information users need, which presumably is broader than today's financial statements. [ABSTRACT FROM AUTHOR]