What is the Actual Economic Role of Financial Reporting?
12 Pages Posted: 10 Feb 2008
Date Written: February 7, 2008
This short essay is based on a presentation at the panel discussion on "Big Unanswered Questions in Accounting" at the American Accounting Association Meetings in 2007. It poses the question "what is the actual economic role of financial reporting?" and discusses why this is an important question, why it is unanswered, and the types of inventive research design needed to help answer it. Examples of the types of questions involved are given.
Keywords: financial reporting, accounting, research design
JEL Classification: M41
Suggested Citation: Suggested Citation