Autori
Allini, Alessandra
Macchioni, Riccardo
Prisco, Martina

Titolo
The role of the Big Four audit firms and the legal system in non-GAAP comparability
Periodico
Financial reporting
Anno: 2022 - Fascicolo: 1 - Pagina iniziale: 79 - Pagina finale: 116

The purpose of this paper is to investigate whether the firms with the same Big Four audit firm and from the same legal system disclose more comparable non-GAAP measures. Using 23,436 pairs of European firms, we hand-collected infor-mation on the non-GAAP measures disclosed in the statement of comprehensive income. The results showed that the firms with the same Big Four audit firm or from the same legal system are positively and significantly associated with non-GAAP comparability. Our work adds to the studies on accounting comparability. Furthermore, it provides fresh insights that support the latest IASB activity on the Primary Financial Statement project, under which the standard setter has en-dorsed ED/2019/7 General Presentation and Disclosures.



SICI: 2036-671X(2022)1<79:TROTBF>2.0.ZU;2-Q
Testo completo: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=70950&Tipo=Articolo PDF

Esportazione dati in Refworks (solo per utenti abilitati)

Biblioteche ACNP che possiedono il periodico