Finance & Investing · Accounting & Financial Statements
A topic within Accounting & Financial Statements, itself one of 11 topics in that field and part of Finance & Investing.
2 works
Ray Ball & Philip Brown
Shows that a company's stock price drifts in the direction of its eventual reported earnings surprise for months before the announcement, giving the first direct evidence that accounting income numbers carry real information investors act on.
Financial Accounting Standards Board
Sets out four criteria an item must meet before it can appear on the income statement at all — definition, measurability, relevance and reliability — arguing recognition is a deliberate test, not an automatic consequence of a transaction occurring.