Direct and Indirect Effects of Internal Control Weaknesses on Accrual Quality: Evidence from a Unique Canadian Regulatory Setting*

Consequences of financial reporting quality on corporate performance: Evidence at the international level

“…According to the leading authorities on the evaluation of financial reporting (such as the FASB, the SEC or the Jenkins committee), the main characteristics required are relevance, reliability, transparency and clarity (Jonas and Blanchet, 2000;Lu et al, 2011). It has been asserted that high quality accounting information is a valuable means of counteracting information asymmetry (Chen et al, 2011).…”

“…Taking previous literature into account, I used various measurements of FRQ (Choi and Pae, 2011;Hong and Andersen, 2011;Lu et al, 2011), as there is no universally accepted way of measurement (Dechow et al, 2010). The first measurement used is the degree of earnings management using accruals, while the second is the degree of accounting conservatism and the third, accruals quality.…”

THE LINK BETWEEN EARNINGS MANAGEMENT AND DIGITAL PATTERN / O elo entre gerenciamento de resultado e padrão digital

“…This high quality information facilitates greater transparency. Thereon, reporting quality is achieved when the information reported to investors and to the market is credible and free of error and bias, whether they are intentional or not (LU; RICHARDSON; SALTERIO, 2011). Therefore, the scope and quality of reported information are expanded and market participants are fully informed (HOPE; THOMAS; VYAS, 2013).…”

“…According to the leading authorities on the evaluation of financial reporting (such as the FASB, the SEC or the Jenkins committee), the main characteristics required are relevance, reliability, transparency and clarity (JONAS; BLANCHET, 2000;LU;RICHARDSON;SALTERIO, 2011). It has been asserted that high quality accounting information is a valuable means of counteracting information asymmetry (CHEN et al, 2011).…”

Analysis of the influencing factors of voluntary disclosure of internal control deficiencies--empirical test of listed companies in Guangdong Province

“…The enterprises with internal control deficiencies will inevitably bring some economic consequences to the company. Therefore, the listed companies will not voluntarily disclose the internal control of financial statements through studying of Canadian listed companies (e.g.Gordon Richardson et al 1 ). The Chinese scholars found that the quality of auditors employed by companies was negatively related to the disclosure of internal control deficiencies when they made a hypothesis test on auditor quality (e.g.Tian Gaoliang et al 2 ).…”