Options
Confusion over accounting conservatism: A critical review
Author(s)
Date Issued
2015
Journal
ISSN
1035-6908
Citation
Australian Accounting Review, Jun 2015, vol. 25(2), pp. 204-216.
Type
Peer Reviewed Journal Article
Abstract
Accounting conservatism is a long-standing and the most influential convention in preparing financial statements. Surprisingly then, there is considerable debate regarding conservatism among standard setters and researchers. This paper reviews the recent literature on accounting conservatism and shows that the existing controversy surrounding conservatism stems partly from confusion over definitions and measures of accounting conservatism. This paper aims to address several common misconceptions about accounting conservatism and suggests directions for future research.
Loading...
Availability at HKSYU Library
