Individual investors' perceptions regarding the meaning of US and UK audit report terminology, 'present fairly on conformity with GAAP' and 'give a true and fair view.' (generally accepted accounting principles)

Article Abstract:

A study was conducted to examine individual investors' perceptions regarding the meaning of US and UK audit report terminology, 'present fairly in conformity with the generally accepted accounting principles (FCGAAP)' and 'give a true and fair view (TFV).' Results show that individual investors have confidence in both TFV and FCGAAP and are indifferent to the terminologies as long as the language for the standard unqualified report is pre-determined.

Author: McEnroe, John E., Martens, Stanley C.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 1998
Accounting Methods, Standards, Accounting, Auditing

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How do different types of investors react to new earnings information?

Article Abstract:

The reaction of investors to new earnings announcements by companies is investigated by focusing on share holding data of Finland.

Author: Ekholm, Anders
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2006
Finland, Analysis, Evaluation, Stocks, Stock prices, Capital gains

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Subjects list: Beliefs, opinions and attitudes, Investors
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