Implications of accounting research for the SEC's consideration of International Accounting Standards for U.S. securities offerings

Accounting Horizons

Volumn 13, Issue 3, 1999, Pages 259-280

  Pownall, Grace ^a   Schipper, Katherine ^b  

^a EMORY UNIVERSITY   (United States)

^b UNIVERSITY OF CHICAGO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000026351     PISSN: 08887993     EISSN: 15587975     Source Type: Journal    
DOI: 10.2308/acch.1999.13.3.259     Document Type: Note

References (38)

1. Alford, A., J. Jones, R. Leftwich, and M. Zmijewski. 1993. The relative informativeness of accounting disclosures in different countries. Journal of Accounting Research 31 (Supplement): 183-221.
2. Ali, A., and L. Hwang. Country specific factors related to financial reporting and the value relevance of accounting data. Journal of Accounting Research (forthcoming).
3. Amir, E., T. Harris, and E. Venuti. 1993. A comparison of the value-relevance of U.S. vs. non-U.S. GAAP accounting measures using Form 20-F reconciliations. Journal of Accounting Research 31 (Supplement): 230-264.
4. Ball, R., S. Kothari, and A. Robin. 1998. The effect of international institutional factors on properties of accounting earnings. Working paper, University of Rochester and Rochester Institute of Technology.
5. Bandyopadhyay, S., D. Hanna, and G. Richardson. 1994. Capital market effects of U.S.-Canada GAAP differences. Journal of Accounting Research 32 (2): 262-277.
6. -, D. Dover, and G. Richardson. 1998. The valuation relevance of Canadian-U.S. GAAP differences revisited: An examination of shareholders equity differences. Advances in International Accounting 11: 81-115.
7. Barth, M., and G. Clinch. 1996. International accounting differences and their relation to share prices: Evidence from U.K., Australian, and Canadian firms. Contemporary Accounting Research 13 (1): 135-170.
8. -, and -. 1998. Revalued financial, tangible, and intangible assets: Associations with share prices and non-market-based value estimates. Journal of Accounting Research 36 (Supplement): 199-233.
9. Choi, F., C. Frost, and G. Meek. 1999. International Accounting. 3rd edition. Upper Saddle River, NJ: Prentice Hall.
10. Darrough, M., H. Pourjalali, and S. Saudagaran. 1998. Earnings management in Japanese companies. The International Journal of Accounting 33 (3): 313-334.
11. Davis-Friday, P. 1998. Equity valuation and current cost disclosures: The case of Mexico. Working paper, University of Notre Dame.
12. -, and N. Rueschhoff. 1998. International accounting standards vs. U.S. GAAP: How do they compare? Working paper, University of Notre Dame.
13. Dumontier, P., and R. Labelle. 1998. Accounting earnings and firm valuation: The French case. The European Accounting Review 7 (2): 163-183.
14. Easton, P., P. Eddey, and T. Harris. 1993. An investigation of revaluations of tangible long-lived assets. Journal of Accounting Research 31 (Supplement): 1-38.
15. Ely, K., and G. Pownall. 1999. Value relevance of consolidated disclosure: A case of harmonization in Japan. Working paper, Emory University.
16. Financial Accounting Standards Board (FASB). 1996. The IASC-U.S. Comparison Project: A Report on the Similarities and Differences between IASC Standards and U.S. GAAP. Norwalk, CT: FASB.
17. Frost, C., and G. Pownall. 1994a. A comparison of the stock price response to earnings disclosures in the United States and the United Kingdom. Contemporary Accounting Research 11 (Summer): 59-84.
18. -, and -. 1994b. Accounting disclosure practices in the United States and the United Kingdom. Journal of Accounting Research (Spring): 75-102.
19. -, and -. 1996. Interdependencies in the global markets for capital and information: The case of SmithKline Beecham plc. Accounting Horizons 10 (March): 38-57.
20. -, and W. Kinney. 1996. Disclosure choices of foreign registrants in the United States. Journal of Accounting Research 34 (1): 67-84.
21. -, and M. Lang. 1996. Foreign companies and U.S. securities markets: Financial reporting policy issues and suggestions for research. Accounting Horizons 10 (March): 95-109.
22. -, and G. Pownall. 1998. Equal access to information: Do crosslisted firms' stock prices respond to earnings disclosed in overseas and local markets? Working paper, Dartmouth College and Emory University.
23. -. 1999. Characteristics and information value of corporate disclosures of forward-looking information in global equity markets. Working paper, Dartmouth College.
24. Gordon, E. 1998. Accounting for changing prices: The value-relevance of historical cost, price level and replacement cost accounting in Mexico. Working paper, University of Chicago.
25. Hall, C., Y. Hamao, and T. Harris. 1994. A comparison of relations between security market prices, returns and accounting measures in Japan and the United States. Journal of International Financial Management and Accounting 5 (1): 47-73.
26. Harris, M., and K. Muller. 1999. The market valuation of IAS vs. U.S. GAAP accounting measures using Form 20-F reconciliations. Journal of Accounting and Economics 26. 285-312.
27. Harris, T. 1995. International Accounting Standards vs. U.S.-GAAP Reporting: Empirical Evidence Based on Case Studies. Cincinnati, OH: South-western Publishing.
28. -, M. Lang, and H. Moller. 1994. The value relevance of German accounting measures: An empirical analysis. Journal of Accounting Research 32 (2): 187-209.
29. Hermann, D., T. Inoue, and W. Thomas. 1998. The persistence and forecast accuracy of earnings components in the United States and Japan. Working paper, Oregon State University, Kwanswi Gakuin University, and University of Utah.
30. Joos, P., 1998. The stock market valuation of book value and earnings: Some international evidence. Working paper, INSEAD.
31. Levitt, A. 1998. The importance of high-quality accounting standards. Accounting Horizons 12 (March): 79-82.
32. Lowenstein, L. 1996. Financial transparency and corporate governance: You manage what you measure. Columbia Law Review 96 (June): 1335-1362.
33. McQueen, P. 1993. The information content of foreign and U.S. GAAP earnings in SEC Form 20-F. Working paper, New York University.
34. Pope, P., and W. Rees. 1992. International differences in GAAP and the pricing of earnings. Journal of International Financial Management and Accounting 4 (3): 190-219.
35. -, and M. Walker. 1999. International differences in the timeliness, conservatism and classification of earnings. Journal of Accounting Research Supplement (forthcoming).
36. Rees, L., and P. Elgers. 1997. The market's valuation of nonreported accounting measures: Retrospective reconciliations of Non-U.S. and U.S. GAAP. Journal of Accounting Research 35 (1): 115-127.
37. Rees, W. 1998. A valuation based test of accounting differences in Europe. Working paper, University of Glasgow.
38. Saudagaran, S., and G. Meek. 1997. A review of research on the relationship between international capital markets and financial reporting by multinational firms. Journal of Accounting Literature 16: 127-159.