Global Accounting Convergence and the Potential Adoption of IFRS by the U.S. (Part II): Political Factors and Future Scenarios for U.S. Accounting Standards

By Luzi Hail, Christian Leuz, Peter D. Wysocki. 2010

192 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/9e5c1411c97153c34c036c51f0598db2713d79af

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Citations in the corpus

Convergence of Accounting Standards and Foreign Direct Investment (2014, unknown): “4 See Hail et al. (2010) for the most recent analysis on this potential adoption of IFRS by the U.S. 5 According to the survey by consultancy Accenture, depending on company size, U.S. executives estimate that they will spend between 0.1% and 0.7% of annual revenue to move from U.S. GAAP to…”
Are IFRS-based and US GAAP-based accounting amounts comparable? $ (2012, unknown): “…there is a substantial literature comparing quality of accounting amounts internationally as well as capital market effects of IFRS adoption (Hail et al., 2010a, 2010b), there is less evidence on the comparability of accounting amounts resulting from application of IFRS and US GAAP.”
Does fair value accounting for non-financial assets pass the market test? (2013, unknown): “Introduction Academics, standard setters, and practitioners actively debate the use of fair value accounting for illiquid assets (e.g., Schipper 2005a, 2005b; Ball 2006; Watts 2006; Herrmann et al. 2006; Kothari et al. 2009; Hail et al. 2009; Laux and Leuz 2009).”
The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, unknown): “…incentives, rather than reporting standards (or stated rules), as a fundamental determinant of observed disclosure and reporting practices across firms and countries (e.g., Ball et al., 2003; Leuz, 2003; Leuz et al., 2003; Ball and Shivakumar, 2005; Burgstahler et al., 2006, Hail et al., 2010a).”
Mandatory CSR and sustainability reporting: economic analysis and literature review (2019, background): “…These were two of the main arguments put forward by regulators, standard setters, and politicians for the mandatory adoption of International Financial Reporting Standards (IFRS) in many countries around the world (for overviews see, e.g., Barth 2006; Hail et al. 2010a; De George et al. 2016).”
New institutional accounting and IFRS (2011, methodology): “As noted in Hail et al. (2010b), one can attempt to measure the economic outcomes of IFRS adoption, but one cannot observe the possible outcomes of alternative regulatory scenarios such as countries maintaining their domestic GAAP while there are changes to other institutions, or supporting…”