We survey research on banks׳ financial accounting. After providing a brief background of the
theoretical models and accounting and regulatory institutions underlying the bank …

Researchers have used various measures as indications of “earnings quality” including
persistence, accruals, smoothness, timeliness, loss avoidance, investor responsiveness …

This course examines various conceptual and theoretical approaches to accounting,
including the implications of economics and finance on financial reporting. Focusing on …

We scrutinize the role financial reporting for fair values, asset securitizations, derivatives and
loan loss provisioning played in the Financial Crisis. Because banks were at the center of …

Using confidential tax shelter and tax return data obtained from the Internal Revenue
Service, this study develops and validates an expanded model for inferring the likelihood …

Accounting rules for valuing retained interest from securitizations require management to
make assumptions concerning discount rates, default rates, and prepayment rates. These …

Using predominantly precrisis US commercial bank data, this paper employs a propensity
score matching approach to analyze whether individual banks did improve their …

ABSTRACT I examine a dataset of both quantitative (hard) adjustments to firms' reported US
GAAP financial statement numbers and qualitative (soft) adjustments to firms' credit ratings …

Relative to recording securitizations as collateralized borrowings, the “gain on sale”
treatment has several accounting benefits such as reducing leverage, increasing earnings …

The objective of this paper is to aid researchers in conducting research relevant to global
financial reporting issues, particularly those of interest to financial reporting standard setters …