BUSINESS A772
Seminar in Financial Accounting Research
Fall 2022
Topics
- financial accounting
- accounting research
- accounting theory
- accounting models
Readings
- Ball, R., and P. Brown. 1968. An empirical evaluation of accounting income numbers, Journal of Accounting Research, 159-178.
- Beaver, W. H. 1968. The information content of annual earnings announcements, Journal of Accounting Research, Supplement, 67-92.
- Lev, B. 1989. On the usefulness of earnings and earnings research: lessons and directions from two decades of empirical research. Journal of Accounting Research 27, (Supplement): 153-201.
- Lee, C. M.C., 2001. “Market Efficiency and Accounting Research: A Discussion of ‘Capital Market Research in Accounting’ by S.P. Kothari,” Journal of Accounting and Economics: 233- 253.
- Bartov, E. 1992. Patterns in unexpected earnings as an explanation for post-announcement- drift, The Accounting Review 67, 610-622.
- Francis, J., K. Schipper, and L. Vincent. 2002. Expanded disclosures and the increased usefulness of earnings announcements. The Accounting Review 77 (July): 515-546.
- Hirshleifer, David A.; Myers, James N.; Myers, Linda A.; Siew Hong Teoh. 2008. Do Individual Investors Cause Post-Earnings Announcement Drift? Direct Evidence from Personal
- Dechow, P., 1994. “Accounting Earnings and Cash Flows as Measures of Firm Performance: The Role of Accounting Accruals,” Journal of Accounting and Economics, July: 3-42.
- Barth, M., W. Beaver, J. Hand, and W. Landsman, 1999. “Accruals, Cash Flows, and Equity Values,” Review of Accounting Studies, December: 205-229.
- Sloan, R., 1996. “Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?” The Accounting Review, July: 289-315.
- Bradshaw, M. T., S. A. Richardson, and R. G. Sloan. 2001. Do Analysts and Auditors Use Information in Accruals? Journal of Accounting Research 39 (1):45-74.
- Hirshleifer, D., K. Hou, S. H. Teoh, and Y. Zhang. 2004. “Do Investors Overvalue Firms with Bloated Balance Sheets?” Journal of Accounting and Economics 38:297-331.
- Bowen, R., D. Burgstahler and L. Daley, 1987. “The Incremental Information Content of Accruals versus Cash Flows,” The Accounting Review October: 723-747.
- Bernard, V. and T. Stober, 1989. “The Nature and Amount of Information Reflected in Cash Flows and Accruals,” The Accounting Review October: 624-652
- Dechow, P., S. Richardson, and R. Sloan, 2008. “The persistence and pricing of the cash component of earnings”, Journal of Accounting Research 46: 537-566.
- Beatty, A., and S. Liao. 2014. “Financial accounting in the banking industry: A review of the empirical literature.” Journal of Accounting and Economics 58: 339-383.
- Bushman, R. 2014. “Thoughts on Financial Accounting and the Banking Industry.” Journal of Accounting and Economics 58: 384-395.
- Liu, C., Ryan, S., 1995. The effect of bank loan portfolio composition on the market reaction to and anticipation of provisions for loan losses. Journal of Accounting Research, 33, 77–94.
- Bushman, R., Williams, C., 2012. Accounting discretion, loan loss provisioning, and discipline of banks’ risk-taking. Journal of Accounting & Economics 54, 1–18.
- Schipper, K. 1991. Commentary on Analysts’ Forecasts. Accounting Horizons (December): 105– 121.
- Healy, P. and K. Palepu, 2001. “Information Asymmetry, Corporate Disclosure, and the Capital Markets: A Review of the Empirical Disclosure Literature,” Journal of Accounting and Economics 31: 405-440.
- Yu, F., 2008. “Analyst Coverage and Earnings Management,” Journal of Financial Economics 88: 245-271.
- Brooks, C. and Oikonomou, I. 2022. “The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance.” The British Accounting Review, Volume 50, Issue 1, January 2018, Pages 1-15.
- Burke, J. J., Hoitash, R., Hoitash, U. 2019. “Auditor Response to Negative Media Coverage of Client Environmental, Social, and Governance Practices.” Accounting Horizons, 33 (3): 1–23.
- Barth, M., W. Beaver, and W. Landsman, 2001. “The Relevance of the Value-Relevance Literature for Financial Accounting Standard Setting: Another View,” Journal of Accounting and Economics September: 77-104.
- Ohlson, J. 1995. “Earnings, Book Values, and Dividends in Security Valuation.” Contemporary Accounting Research Spring: 661-687.
- Ohlson, J., and X. Zhang. 1998. Accrual Accounting and Equity Valuation. Journal of Accounting Research 36, Supplement: 85-111.
- Ohlson, James A., 2001. Earnings, Book Values, and Dividends in Equity Valuation: An Empirical Perspective. Contemporary Accounting Research Vol. 18 No. 1, pages 107-120.
- Schipper, K. 1989. Commentary on earnings management, Accounting Horizons 3, 91 - 102
- Jones, J. 1991. Earnings management during import relief investigations. Journal of Accounting Research 29, 193 – 228.
- Burgstahler, D. and I. Dichev. 1997. “Earnings Management to Avoid Earnings Decreases and Losses,” Journal of Accounting and Economics (December 1997): 99-126.
- Degeorge, F., J. Patel and R. Zeckhauser. 1999. Earnings management to exceed thresholds, Journal of Business, 72 (1): 1-33.
- Bartov, E., D. Givoly, and C. Hayn. 2002. “The Rewards to Meeting or Beating Earnings Expectations,” Journal of Accounting and Economics (June 2002): 173-204.
- Gandhi, P., T. Loughran, and B. McDonald. 2017. Using Annual Report Sentiment as a Proxy for Financial Distress in U.S. Banks. Available at SSRN:
- Hribar, P., S.J. Melessa, R.C. Small, and J.H. Wilde. 2017. Does Managerial Sentiment Affect Accrual Estimates? Evidence from the Banking Industry. Journal of Accounting and Economics 63: 26-50.
- Kanagaretnam, K., G. Lobo, and D. Yang. 2004. Joint Tests of Signaling and Income Smoothing through Bank Loan Loss Provisions. Contemporary Accounting Research 21: 843– 884.
- Beatty, A., B. Ke, and K. Petroni. 2002. Differential Earnings Management to Avoid Earnings Declines and Losses across Publicly and Privately Held Banks. The Accounting Review 77: 547– 570.
- Liu, C., and S. Ryan. 2006. Income Smoothing Over the Business Cycle: Changes in Banks’ Coordinated Management of Provisions for Loan Losses and Loan Charge-offs from the Pre- 1990 Bust to the 1990s Boom. The Accounting Review 81: 421–441.
- Nichols, C., J. Wahlen, and M. Wieland. 2009. Publicly Traded versus Privately Held: Implications for Conditional Conservatism in Bank Accounting. Review of Accounting Studies 14: 88–122.
- Bushman, R., and C. Williams. 2012. Accounting Discretion, Loan Loss Provisioning, and Discipline of Banks’ Risk-Taking. Journal of Accounting & Economics 54: 1–18.
- Basu, S., 1997. “The Conservatism Principle and the Asymmetric Timeliness of Earnings,” Journal of Accounting and Economics 24: 3-37.
Sources
- Course catalogue ↗2026–2027
- Course outline / syllabus ↗Fall 2022