毕业论文外文翻译-问责资产减值的决定

《毕业论文外文翻译-问责资产减值的决定》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、THEEFFECTSOFPRIORINVOLVEMENTANDACCOUNTABILITYONASSETIMPAIRMENTDECISIONSRandallW.RentfroNovaSoutheasternUniversityrentfro@huizenga.nova.eduABSTRACTThisstudyexamineswhetherlong-livedassetimpairmentdecisionsarebiasedwhenthedecisionmakerwasalsoinvolvedintheoriginaldecisiontoinvestintheasset.Inadditi

2、on,thestudytestswhetheraccountabilityforimpairmentdecisionsattenuatesbiasinthejudgmentsmadebyindividualswhowereinvolvedintheinvestmentdecision.Thetheoreticalbasesforthestudy’sresearchquestionandhypothesiscomefromtheaccountabilityandescalationofcommitmentliteraturesaswellasapsychologicaltheorypre

3、viouslyuntestedintheaccountingdomain,theCatastropheTheoryofAttitudes(CTA).Thestudy’sfindingssuggestthatCTAmayhavepotentialtoexplaincertainbehaviorsofaccountants.Furthermore,accountabilityappearstomitigatebiasstemmingfrompriorinvolvementintheinvestmentdecision.INTRODUCTIONThisstudyexamines(1)whet

4、herlong-livedassetimpairmentdecisionsareaffectedbydecision-maker’sinvolvementinthedecisiontoinvestintheassetand(2)whetheraccountabilityfortheassetimpairmentdecisionmitigatesbiasesinthedecision-maker’sjudgmentresultingfromthatpriorinvolvement.Themotivationforthestudystemsfromthedecision-makingpro

5、cessrequiredbyStatementofFinancialAccountingStandards(SFAS)No.144,AccountingfortheImpairmentorDisposalofLong-LivedAssets(FinancialAccountingStandardsBoard,2001).Thedecision-makingprocessbeginswiththeaccountantscanningtheenvironmentforindicatorsofassetimpairments.Iftheaccountantdeterminesthatanin

6、dicatorispresent,theaccountantperformsarecoverabilitytest,whichinvolvesforecastingfuturenetcashflowsfromtheasset,todetermineiftheassetisimpaired.Ifthetestshowsthattheassetisimpaired,theaccountantwritesdowntheassettoitsfairvalue.Throughoutthisprocess,theaccountantmustexercisesignificantprofession

7、aljudgment.Asaresult,theaccountant’sassetimpairmentdecisionsmaybeaffectedbytheaccountant’sbiases.Thisstudylooksatonesourceofbiassuggestedintheescalationofcommitmentliterature:involvementintheoriginaldecisiontoinvestintheasse