New Columbia Business School research challenges conventional wisdom to find that in accounting, book rate of return is a measure of risk and return, not profitability
Congratulations to Professor Matthias Breuer for winning the Best Paper Award at the American Accounting Association's 2019 Financial Reporting and Accounting Section Midyear Meeting for his study titled, "How Does Financial-Reporting Regulation Affect Market-Wide Resource Allocation?" The award recognizes a paper presented at the midyear meeting that is judged to best reflect the tradition of academic scholarship and is of relevance to problems facing the accounting profession and standard-setters.
New Columbia Business School study finds that 26 percent of perpetrators of financial reporting misconduct – largely CEOs and CFOs – experience an overall gain.
The International Accounting Standards Board (IASB) recently issued a revised Conceptual Framework for Financial Reporting, which essentially acts as a constitution, setting the bounds for accounting standards worldwide.
Columbia Business School Research Offers Banking World a Transformative Forward-Looking Model for Estimating Credit Losses
New Metric to Improve Analysis of Bank Loan Portfolios