| Kommentar |
The main goal of this course is to present students the theoretical foundations of financial reporting. Besides serving as fundament of accounting research, accounting theory is important from a practitioner’s view, since it enables market participants to understand and to predict the behaviour of subjects, such as preparers, auditors, addressees and regulators, in the domain of accounting. After investigating the role that accounting information plays from a valuation and contracting perspective in a risk-neutral world, the impact of accounting information on capital markets with risk-averse market participants will be explored. These theoretical underpinnings will serve as a background for the study of diverging incentive structures of participating subjects. While doing so, a particular emphasis will be placed on the role that accounting theory and research plays in explaining the phenomenon of earnings management. In order to investigate the facets of accounting theory and earnings management, students will be expected to read and understand academic studies and to analyze several financial reporting issues, which are of current importance to accounting practice. |
| Literatur |
Wagenhofer/Ewert: Externe Unternehmensrechnung, 3. Auflage, Berlin 2015
Christensen/Demski: Accounting Theory, Boston et al. 2003 |
| Bemerkung |
StO/PO MA 2016: 6 LP, Modul: "Accounting Theory and Earnings Management"
StO/PO MEMS 2016: 6 LP, Modul: "Accounting Theory and Earnings Management", Major: Accounting and Finance |
