PENELAAHAN TERHADAP DETERMINAN DAN DAMPAK PERNYATAAN KEMBALI LAPORAN KEUANGAN
ABSTRACT: A financial
reporting restatement refers to the revision or correction of a company’s
previously disclosed fi-nancial statements and reports, which can be caused by
such issues as accounting clerical errors, noncom-pliance with accounting
standards and principles, and fraudulent acts. Academic research on accounting
re-statements has and will continue to gain prominence because of the
significant amount of regulatory and public attention placed on the quality and
reliability of a company’s financial reporting process. In this paper, I review
the academic literature examining restatements in the United States. First, I
discuss the data sources and databases that researchers have relied upon to collect
restatement events as well as explain the re-statement related variables that
have been studied in prior research. Next, I review extant studies that have examined
the determinants or causes of restatement events, which include audit committee
characteristics, auditor characteristics, and management characteris-tics.
Finally, I turn to the various consequences of re-statements, which consist of
market returns, turnover within management and the board of directors,
litiga-tion, and other consequences. Given that a financial reporting
restatement can be construed as an event that threatens legitimacy of the
company, an under-standing of the determinants and consequences of fi-nancial
restatements is warranted.
Keywords: financial
restatements, aggressive account-ing, misreporting, revision of financial
reports, reliabil-ity of financial statements
Penulis: Djoko Susanto
Kode Jurnal: jpmanajemendd120317
Pesan jurnal yang anda butuhkan disini.... >>> KLIK DISINI <<<
