کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1005795 938079 2014 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
An analysis of the implications of discontinued operations for continuing income
ترجمه فارسی عنوان
تجزیه و تحلیل مفاهیم عملیات متوقف شده برای ادامه درآمد
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
چکیده انگلیسی

We examine the extent to which changes in the accounting for discontinued operations affects the usefulness of disaggregated income components in predicting an entity’s future continuing income. Our study is motivated by the joint FASB/IASB convergence project which seeks to define the scope of transactions reported in discontinued operations. To examine our question, we compare the properties of continuing income and discontinued operations reported under SFAS 144 and APB 30, where APB 30 closely parallels IFRS 5. We find that the broader scope of the rule under SFAS 144 results in more persistent continuing income among firms reporting discontinued operations, and that this is concentrated among single-segment firms, which previously were less likely to fall within the scope of APB 30. Because we find no evidence of increased opportunism, we conclude that the broader scope of the rule results in a finer partitioning of recurring and nonrecurring income. Overall, our results support the broader scope of discontinued operations.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Accounting and Public Policy - Volume 33, Issue 2, March–April 2014, Pages 190–201
نویسندگان
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