Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

A Critical Look Ahead : The (limited) Usefulness of Critical Accounting Policies for the Identification of Measurement Uncertainties

Title data

Rupertus, Hendrik ; Bravidor, Marcus:
A Critical Look Ahead : The (limited) Usefulness of Critical Accounting Policies for the Identification of Measurement Uncertainties.
2018
Event: 41. European Accounting Association Annual Congress , 30.05.2018-01.06.2018 , Mailand, Italien.
(Conference item: Conference , Speech )

Related URLs

Abstract in another language

Increasing business complexity and the use of highly subjective future-orientated estimation mod-els amplify concerns in communicating uncertain business transactions and estimates. Since 2001, U.S.-firms are encouraged to disclose their highly uncertain accounting policies with a material impact on the presentation of the financial condition of the firm (critical accounting policies, CAP). The aim of this study is to examine whether CAP disclosures mitigate measurement error in the estimation of future economic outcomes. Based on our results, we find that measurement uncertainties have heterogeneous and firm-specific effects of the prediction of future outcomes. Particularly, we find that uncertain accrual components are not useful for predicting future cash flows per-se; but dependent on the importance and the specificity for a given firm.

Further data

Item Type: Conference item (Speech)
Refereed: Yes
Keywords: measurement uncertainty; critical accounting policies; cash flow prediction; prediction error; accruals
Subject classification: M40, M41, M48
Institutions of the University: Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration X
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration X > Chair Business Administration X - Univ.-Prof. Dr. Rolf Uwe Fülbier
Profile Fields > Emerging Fields
Profile Fields > Emerging Fields > Governance and Responsibility
Faculties
Profile Fields
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 12 Jun 2018 11:26
Last Modified: 12 Jun 2018 11:26
URI: https://eref.uni-bayreuth.de/id/eprint/44519