Evaluating concepts-based vs. rules-based approaches to standard setting

By Laureen A. Maines, Eli Bartov, P. Fairfield, D. Hirst, Teresa E. Iannaconi, Russell Mallett, Catherine Schrand, Douglas J. Skinner, L. Vincent. 2003

142 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/6ed4d45e6466f0962a132b3f7d8251fdf6679d50

Citations in the corpus

• Principles-Based Versus Rules-Based Accounting Standards: The Influence of Standard Precision and Audit Committee Strength on Financial Reporting Decisions (2011, unknown): “Although these are empirical questions that can be addressed experimentally to inform policy makers prior to making a move to principles-based standards, the academic literature is limited with respect to research regarding these uncertainties Maines et al. 2003 .”
• Attribute differences between U.S. GAAP and IFRS earnings: An exploratory study (2007, unknown): “Rules-based standards are said to provide companies with the opportunity to structure transactions to meet requirements for a particular accounting treatment, even if such treatments do not reflect the true economic substance (see for example, Vincent et al. 2003). Likewise, Sawabe (2005) establishe”