Special issue on Standard-Setting of Sustainability Reporting   Guest Editors: Subhash Abhayawansa, Associate Professor in Accounting, Swinburne University of Technology, Australia (sabhayawansa@swin.edu.au) Mark Aleksanyan, Senior Lecturer in Accounting and Finance, University of Glasgow, United Kingdom (Mark.Aleksanyan@glasgow.ac.uk) Ioannis Tsalavoutas, Professor of Accounting, University of Glasgow, United Kingdom (Ioannis.Tsalavoutas@glasgow.ac.uk)   Background During the recent past, there has been an intensifying discourse on the regulatory work needed to converge and consolidate reporting frameworks for non-financial reporting (Accountancy Europe,…

  We are glad to announce that the registration links for the VARS with Beatriz García Osma, to be held on December 4th are now open at https://eaa-vars.com/   Beatriz will present a paper entitled “Narrative Conservatism“, coauthored with Juan Manuel Garcia Lara and Fengzhi Zhu. The seminar will start at 4.15pm CET.   If you are a PhD student or early career faculty member, consider registering for a one-to-one meeting with Beatriz! Registration link is open…

We are pleased to announce the PhD students selected to attend the CAAA Annual Conference 2021, under the EAA-CAAA agreement. Congratulations!   Fengzhi Zhu, Carlos III Madrid Marco Errico, ESADE Michael Farrel, University of Ireland Galway Xiaochi Ge, Cass Business School  

This analysis was originally posted by Audit Analytics. This post will be updated to reflect the current number of European audit opinions citing the COVID-19 pandemic in a going concern opinion, key audit matter, or emphasis of matter.   Overall Statistics As of the week ended 13 November 2020, Audit Analytics has observed the following trends in European audit opinions referencing COVID-191: Going Concern Modifications: 171 Emphasis of Matter Paragraphs: 289 Key Audit Matters: 574…

The IFRS Foundation in conjunction with the European Accounting Association (EAA) will hold a virtual workshop on 27 November 2020 at 12.00-13.35 (CET). The workshop will provide an overview of the IFRS Foundation Trustees’ Consultation Paper on Sustainability Reporting and invite commentary from academics. The aim of the consultation paper is to find out if there is a demand for global sustainability standards and what possible role the Foundation could play. The purpose of the…

This paper is the first to examine the impact of organizational memory of banks on the conservatism of accounting policy. Specifically, we examine the organizational memory of banks regarding bad times history. We separately address two related questions: 1) In the face of bank-level or macro-level crises, how can bank managers and/or the board of directors take action to change bank accounting policy? 2) Is the change of accounting policy driven by managers and board…

Nominations are now open for the 2021 EAA Anthony G. Hopwood Award for Academic Leadership.   The Award was established in 2005 and renamed to honour Professor Anthony G. Hopwood, who played a prominent role in the creation and development of the EAA. The previous recipients of the award are Stephen Zeff, Sten Jönsson, Michael Shields and Willem Buijink. The award is made each year at the EAA Annual Congress, subject to there being a worthy recipient.…

by Matias Laine and Giovanna Michelon On October 15th, we were among the signatories of an open letter to the Chair of the IFRS Foundation Trustees, written and prepared under the leadership of Professor Carol Adams, in reaction to the Consultation Paper on Sustainability Reporting. The letter has attracted some attention, some criticism, some applause. We hope the letter will also create some reflection about what is at stake. We are not going to reiterate…

Under the leadership of Mark Clatworthy, Joachim Gassen and Giovanna Michelon, the EAA VARS series was launched last May. This initiative started following the widespread cancellation of seminars because of the COVID-19 situation, with the aim of allowing colleagues to disseminate their research findings to a large and informed audience, while simultaneously enabling scholars from a range of institutions to engage with current research projects. The previous edition was a success and the EAA has…

Academia’s contribution to international standard-setting On 3 and 4 November the International Accounting Standards Board (IASB)—together with the journal partner Accounting and Business Research (ABR)—held its 2020 Research Forum where 70 academics and practitioners, including standard-setters and regulators, came together to discuss current research into financial reporting matters. Even though this was the first time the Research Forum was held virtually, it was a great success. The technology did not let us down and it was…