Accounting Horizons http://scitation.aip.org/ Accounting Horizons Additional Journal Content http://link.aip.org/link/?HOR/25/i/1&agg=rss <br/> Abstract not available. [Accounting Horizons 25, i (2011)] published Fri Sep 16, 2011. Editorial Policy and Style Information http://link.aip.org/link/?HOR/25/603/1&agg=rss <br/> Abstract not available. [Accounting Horizons 25, 603 (2011)] published Fri Sep 16, 2011. Robert N. Anthony: A Pioneering Thinker in Management Accounting http://link.aip.org/link/?HOR/25/593/1&agg=rss Jacob G. Birnberg<br/> Abstract not available. [Accounting Horizons 25, 593 (2011)] published Fri Sep 16, 2011. Accounting for Revenues: A Framework for Standard Setting http://link.aip.org/link/?HOR/25/577/1&agg=rss , James A. Ohlson, Stephen H. Penman, Yuri Biondi, Robert J. Bloomfield et al.<br/> SYNOPSIS: This paper proposes an accounting for revenues as an alternative to the proposals currently being aired by the FASB and IASB. Existing revenue recognition rules are vague, resulting in messy application, so the Boards are seeking a remedy. However, their proposals replace the traditional c ... [Accounting Horizons 25, 577 (2011)] published Fri Sep 16, 2011. Structured Finance and Mark-to-Model Accounting: A Few Simple Illustrations http://link.aip.org/link/?HOR/25/559/1&agg=rss Anthony Meder, Steven T. Schwartz, Eric E. Spires, and Richard A. Young<br/> SYNOPSIS: We review the development of structured financial products, discuss their accounting treatment, and illustrate their valuation using simple numerical examples. The crucial element we incorporate is the possibility that the underlying assets in structured financial products have correlated ... [Accounting Horizons 25, 559 (2011)] published Fri Sep 16, 2011. CFO/CEO-Board Social Ties, Sarbanes-Oxley, and Earnings Management http://link.aip.org/link/?HOR/25/537/1&agg=rss Gopal V. Krishnan, K. K. Raman, Ke Yang, and Wei Yu<br/> SYNOPSIS: Prior research suggests that the efficacy of a formally independent member of the board of directors could be undermined by social ties with the CEO. In this study, we examine the relation between CFO/CEO-board social ties and earnings management over the 20002007 time period. Our results ... [Accounting Horizons 25, 537 (2011)] published Fri Sep 16, 2011. Special Items: A Descriptive Analysis http://link.aip.org/link/?HOR/25/511/1&agg=rss Peter M. Johnson, Thomas J. Lopez, and Juan Manuel Sanchez<br/> SYNOPSIS: We provide a comprehensive analysis of special items and the characteristics of the firms that recognize them. Our analysis reveals that the temporal frequency, magnitude, and persistence of special items has increased significantly in the last 30 years, and that such increases are primari ... [Accounting Horizons 25, 511 (2011)] published Fri Sep 16, 2011. Accounting Choice and the Fair Value Option http://link.aip.org/link/?HOR/25/487/1&agg=rss Katherine Guthrie, James H. Irving, and Jan Sokolowsky<br/> SYNOPSIS: Under the fair value option, SFAS No. 159, firms have full discretion over electing to report specified financial instruments at fair value on a contract-by-contract basis. Building on Henry's (2009) study of early adopting banks, this paper examines to what extent firms' election of instr ... [Accounting Horizons 25, 487 (2011)] published Fri Sep 16, 2011. Was the Sarbanes-Oxley Act Good News for Corporate Bondholders? http://link.aip.org/link/?HOR/25/465/1&agg=rss Mark L. DeFond, Mingyi Hung, Emre Carr, and Jieying Zhang<br/> SYNOPSIS: We investigate the impact of the Sarbanes-Oxley Act (SOX) on corporate bondholder value by examining the bond market reaction to news events leading up to the passage of SOX. The net impact of SOX on bondholder value is difficult to predict, and there are many reasons why it may be viewed ... [Accounting Horizons 25, 465 (2011)] published Fri Sep 16, 2011. The Potential for Inflating Earnings through the Expected Rate of Return on Defined Benefit Pension Plan Assets http://link.aip.org/link/?HOR/25/443/1&agg=rss Brian Adams, Mary Margaret Frank, and Tod Perry<br/> SYNOPSIS: Using a sample of firms over the period of 1991 through 2005, we examine the opportunity that exists for firms to inflate earnings through the expected rate of return (ERR) assumption associated with defined benefit pension plans. The evidence suggests that, on average, the ERR is not over ... [Accounting Horizons 25, 443 (2011)] published Fri Sep 16, 2011. Additional Journal Content http://link.aip.org/link/?HOR/25/i/1&agg=rss <br/> Abstract not available. [Accounting Horizons 25, i (2011)] published Mon Jun 13, 2011. Editorial Policy and Style Information http://link.aip.org/link/?HOR/25/437/1&agg=rss <br/> Abstract not available. [Accounting Horizons 25, 437 (2011)] published Mon Jun 13, 2011. Financial Analysts Need Sharper Accounting Tools http://link.aip.org/link/?HOR/25/419/1&agg=rss David Mosso<br/> SYNOPSIS: This paper explores the implications of a wealth accounting model on comparability for several key aspects of financial analysis such as restraining, accounting manipulation, and unifying merger and acquisition accounting. The paper extends the analysis of wealth accounting for individual ... [Accounting Horizons 25, 419 (2011)] published Mon Jun 13, 2011. Financial Reporting and Financial Crises: The Case for Measuring Financial Instruments at Fair Value in the Financial Statements http://link.aip.org/link/?HOR/25/409/1&agg=rss Thomas J. Linsmeier<br/> SYNOPSIS: The Financial Accounting Standards Board (FASB) (2010) proposes that all financial instruments be measured at fair value in the financial statements. This commentary provides one Board member's reasoning for supporting this proposal, which is based on (1) evidence that the amortized cost m ... [Accounting Horizons 25, 409 (2011)] published Mon Jun 13, 2011. Reporting of General Infrastructure Assets under GASB Statement No. 34 http://link.aip.org/link/?HOR/25/381/1&agg=rss Thomas E. Vermeer, Terry K. Patton, and Alan K. Styles<br/> SYNOPSIS: GASBS No. 34 represents a dramatic shift in the way state and local governments report and present general infrastructure assets. Using Comprehensive Annual Financial Reports for the 50 states, Puerto Rico, and the District of Columbia, we find that financial statement users are unable to ... [Accounting Horizons 25, 381 (2011)] published Mon Jun 13, 2011. Auditor Workload Compression and Busy Season Auditor Switching http://link.aip.org/link/?HOR/25/357/1&agg=rss Dennis M. Lopez and Gary F. Peters<br/> SYNOPSIS: This study investigates the impact of the busy season and concomitant concentrated demands on audit resources on the likelihood of auditor switching. Hereafter, we refer to the concentration of companies with the same fiscal year-end date within an auditor's client portfolio as workload co ... [Accounting Horizons 25, 357 (2011)] published Mon Jun 13, 2011. Capacity Costs with Time-Based and Use-Based Asset Value Attrition http://link.aip.org/link/?HOR/25/337/1&agg=rss Marinus DeBruine and Parvez R. Sopariwala<br/> SYNOPSIS: Traditional depreciation methods used by financial accounting as well as the capacity-based depreciation method recommended by managerial accounting literature assume that assets either lose value due to obsolescence or wear and tear. Recognizing that many assets lose value due to both obs ... [Accounting Horizons 25, 337 (2011)] published Mon Jun 13, 2011. Is Enhanced Audit Quality Associated with Greater Real Earnings Management? http://link.aip.org/link/?HOR/25/315/1&agg=rss Wuchun Chi, Ling Lei Lisic, and Mikhail Pevzner<br/> SYNOPSIS: We examine whether firms resort to real earnings management when their ability to manage accruals is constrained by higher quality auditors. In settings involving strong upward earnings management incentives, i.e., for firms that meet or just beat earnings benchmarks and firms that issue s ... [Accounting Horizons 25, 315 (2011)] published Mon Jun 13, 2011. Income Conservatism in the U.S. Technology Sector http://link.aip.org/link/?HOR/25/285/1&agg=rss Uday Chandra<br/> SYNOPSIS: I investigate the extent and nature of income conservatism in the financial statement numbers of firms in the U.S. technology sector. Technology firms are predicted to have greater income conservatism than other U.S. firms because they are subject to both higher shareholder litigation risk ... [Accounting Horizons 25, 285 (2011)] published Mon Jun 13, 2011. An Ex Post Examination of Auditor Resignations http://link.aip.org/link/?HOR/25/267/1&agg=rss Anthony Catanach, James H. Irving, Susan Perry Williams, and Paul L. Walker<br/> SYNOPSIS: The auditor change literature has generally concluded that clients from whom an audit firm resigns are risky clients, yet little is known about the period after a predecessor auditor has resigned from an engagement. We investigate a sample of resignations to determine why an audit firm cho ... [Accounting Horizons 25, 267 (2011)] published Mon Jun 13, 2011. Issues in Lessor Accounting: The Forgotten Half of Lease Accounting http://link.aip.org/link/?HOR/25/247/1&agg=rss Mark P. Bauman and Richard N. Francis<br/> SYNOPSIS: In July 2006, the International Accounting Standards Board and the Financial Accounting Standards Board (the Boards) added a leasing project to their agenda. In August 2010, the Boards jointly released an exposure draft proposing a right-of-use model for the recognition of lease-related as ... [Accounting Horizons 25, 247 (2011)] published Mon Jun 13, 2011.