Effects of winsorization: The cases of forecasting non-GAAP and GAAP earnings
In: Forthcoming Journal of Business Finance and Accounting
343824 Ergebnisse
Sortierung:
In: Forthcoming Journal of Business Finance and Accounting
SSRN
In: Journal of International Accounting Research, Band 10, Heft 2, S. 77-96
ISSN: 1558-8025
ABSTRACTThe purpose of this study is to observe the extent to which U.S.-listed foreign firms report non-GAAP financial performance measures and to compare the characteristics of these disclosures to those of U.S. firms. Using a matched-sample design, this research compares U.S.-listed foreign firm and U.S. firm non-GAAP disclosure frequency, non-GAAP disclosure adjustment characteristics, and reconciliation quality. Tests of the hypotheses indicate similar disclosure frequencies for U.S. firms and U.S.-listed foreign firms. Analyses of non-GAAP disclosure and adjustment characteristics provide evidence consistent with the interpretation that U.S. firms engage in aggressive non-GAAP reporting behaviors (reporting income-increasing adjustments and adjusting GAAP numbers with a greater magnitude and with a higher number of adjustments) equally or more so than U.S.-listed foreign firms. However, the quality of U.S. firm reconciliations to U.S. GAAP is equal to or greater than that of U.S.-listed foreign firms.
SSRN
In: Journal of Accounting and Public Policy, Forthcoming
SSRN
In: ADIAC-D-23-00040
SSRN
SSRN
In: Journal of Accounting & Economics (JAE), Band 70, Heft 1
SSRN
Working paper
In: Journal of accounting and public policy, Band 42, Heft 4, S. 107118
ISSN: 0278-4254
In: Review of Accounting Studies, Forthcoming
SSRN
In: The Accounting Review https://doi.org/10.2308/TAR-2017-0612
SSRN
Working paper
SSRN
In: TRR 266 Accounting for Transparency Working Paper Series No. 1
SSRN
Working paper
In: Journal of Accounting & Economics (JAE), Band 56, Heft 1
SSRN
Working paper
SSRN
Working paper
SSRN