Essay

Private Firm Accounting Literature Database

Given the importance of private firms for the global economy, there is a growing interest in research on private firms in general and on private firm accounting in particular. Our openly accessible online app (Privat Firm Accounting Literature Database) allows interested readers to explore their own dip into the literature. The database allows to filter for: Keywords / full-text search Topics (e.g. accounting quality, audit, banks, disclosure, IFRS, …) Country/Regions Data source (e.g. Orbis, Amadeus, or…
JOCHEN PIERK
JOCHEN PIERK
< 1 min read
0
39

Understanding the Role of Audit Committee Chairs in Enhancing Audit Quality

In the complex world of financial reporting, Audit Committee Chairs (ACCs) play a pivotal role in ensuring the integrity of corporate governance. What are their personal objectives and incentives that guide them in their actions to maintain and improve audit quality? The recent European Accounting Review article “Audit Committee Chairs’ Objectives and Risk Perceptions: Implications for Audit Quality” (Jürgen Ernstberger, Bernhard Pellens, André Schmidt, Thorsten Sellhorn &amp; Katharina Weiß) shows how ACCs’ personal objectives and…
Thorsten Sellhorn
Thorsten Sellhorn
3 min read
0
216

Enhancing the Social Relevance of Accounting Research

What is the value of accounting research for diverse stakeholders? While this question is certainly very difficult to answer, let alone quantify, we often hear concerns regarding the lack of relevance beyond academia. Publishing high-quality research that addresses relevant research questions, however, is only the first step toward social impact beyond academia. Other criteria for accounting research to extend its social impact include translating it into accessible language for non-academics and effective dissemination. In other…
JOCHEN PIERK
JOCHEN PIERK
4 min read
0
467

7 observations from a literature review on performance measurement

What drives the use of performance measurement (PM) systems in the public sector? And what are the effects of PM use? In a recent study in Financial Accountability &amp; Management (Van der Kolk, 2022, open access), I address these questions. I do so by reviewing survey papers on public sector PM published in all major accounting outlets, i.e., 3, 4, and 4* journals from the ABS journal list (2018). In this blog, I highlight seven…
Berend van der Kolk
Berend van der Kolk
7 min read
0
784

Publication outcomes after presenting at the EAA Annual Congress

by Edith Leung and Jochen Pierk December 2022 One of the most visible activities of the EAA is the Annual Congress, which provides a forum for academics to meet and discuss research. Although the Congress serves many important purposes, such as symposia and networking, a key reason for many academics to attend is to present and receive feedback on ongoing research in one of the scientific sessions. The aim of these sessions is to help…
JOCHEN PIERK
JOCHEN PIERK
11 min read
1
1749

Complexity European Sustainability Reporting Standards overwhelming

The proposed ESG reporting standards presented by the EU last week are overwhelming. I advocate to limit reporting requirements to two metrics: profit and emission reductions. Last week, EFRAG published the first version of the European Sustainability Reporting Standards. The set of standards describes in detail the topics that companies report on and also obliges them to develop targets that define the company&#8217;s ambition. The ESG metrics are presented in 15 appendices spanning many hundreds…
Jan Bouwens
Jan Bouwens
5 min read
0
1401

Who cites us? Decomposing accounting impact factors

by Jochen Pierk (Erasmus University Rotterdam) Once a year, typically end of June, Clarivate publishes the new journal impact factors. Despite some well-known shortcomings of such metrics (which I am not going to discuss in detail[1]), journal editors typically highlight the new impact factors on their websites and even advertise them on social media (when they increase). So what exactly are impact factors? Impact factors measure the number of citations in the current year of…
JOCHEN PIERK
JOCHEN PIERK
8 min read
0
1883

Corporate Capers, Group Accounting Reforms

Graeme Dean, Professor Emeritus, University of Sydney Business School This is the third blog entry discussing the ideas of Professor Ray Chambers and other members of the University of Sydney’s School of Accounting (see earlier blogs by Graeme Dean: 28 January 2019, Accounting Thought and Practice Reforms: Ray Chambers’ Odyssey – with over 36,600 downloads and 29 March 2021, ‘Accounting Theory and Standard-Setting – Antecedents of Fair Value Accounting?’ – with over 5,500 downloads). “Corporate…
Graeme Dean
Graeme Dean
9 min read
0
733

Going Concern Trends in Eastern Europe

Over the last decade, companies headquartered in Eastern Europe had a going concern rate of 7.2%. Both the Eastern and Southern European regions have higher rates of going concern compared to the Northern and Western regions. In fiscal year 2020, companies in Eastern Europe had an average going concern rate of 6.8%. In this analysis, Eastern European countries consist of the following: Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, and Slovakia. It is important to note, many Eastern European countries have…
Audit Analytics
Audit Analytics
3 min read
0
331

Going Concern Trends in Southern Europe

Southern European countries have some of the highest rates of going concern opinions in all of Europe. Four countries had going concern rates over 10% during fiscal year 2020. On average, Southern European countries had a going concern rate of 8.8%. In this analysis, Southern European countries consist of the following. Bulgaria Croatia Cyprus Greece Italy Malta Portugal Romania Slovenia Spain The southeastern European countries have seen a decline in going concern rates during the…
Audit Analytics
Audit Analytics
2 min read
0
330