When does forecasting GAAP earnings entail unreasonable effort?
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Accounting and Economics"
DOI: 10.1016/j.jacceco.2021.101437
Abstract: Abstract SEC rules require managers to reconcile their non-GAAP earnings forecasts with the most directly comparable GAAP forecasts unless doing so would entail ‘unreasonable effort.’ A significant number of managers rely on the unreasonable efforts… read more here.
Keywords: entail unreasonable; unreasonable effort; efforts exception; unreasonable efforts ... See more keywords
Earnings performance measures and CEO turnover: Street versus GAAP earnings
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2019.02.005
Abstract: Prior research reports that analysts focus on street earnings, which are measures that typically exceed GAAP earnings. Using a sample of CEO turnovers from 1993 to 2016 we show that the likelihood and speed of… read more here.
Keywords: earnings performance; ceo turnover; performance measures; gaap earnings ... See more keywords
Non-GAAP earnings: international overview and suggestions for future research
Sign Up to like & getrecommendations! Published in 2017 at "Meditari Accountancy Research"
DOI: 10.1108/medar-04-2017-0140
Abstract: Purpose - The purpose of this paper is to synthesize insights from existing research on the disclosure of non-generally accepted accounting principles (GAAP) earnings, from an international point of view, and to suggest several avenues… read more here.
Keywords: non gaap; research; future research; paper ... See more keywords