Financial reporting under economic policy uncertainty

Peterson Ozili

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, I discuss financial reporting under economic policy uncertainty. This paper is one of the first papers to relate economic policy uncertainty to financial reporting behaviour. It identifies the link between economic policy uncertainty and financial reporting in terms of earnings management and fair value accounting. It argues that high economic policy uncertainty will transmit fewer new information to firms which can motivate managers to influence accounting numbers in the direction of the desired financial reporting outcome. The discussion in the paper adds to our understanding of how economic conditions affect financial reporting outcomes.

Keywords: economic policy uncertainty, financial reporting, accrual, accounting quality, policy uncertainty; loan loss provisions, earnings management, fair value accounting. (search for similar items in EconPapers)
JEL-codes: E51 E58 E59 M40 M41 M42 M48 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-acc and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Financial reporting under economic policy uncertainty (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:105089

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