长期资产减值会计外文文献 A study of long-lived asset impairment under U.S. GAAP and IFRS within the U.S. institutional environment.pdf

Journal of International Accounting, Auditing and Taxation 31 (2018) 74–89 Contents lists available at ScienceDirect Journal of International Accounting, Auditing and Taxation journal homepage: /locate/intaat A study of long-lived asset impairment under U.S. GAAP and IFRS T within the U.S. institutional environment a b,⁎ b Philip K. Hong , Daniel Gyung Paik , Joyce Van Der Laan Smith a School of Accounting, Central Michigan University, United States b Robins School of Business, University of Richmond, United States A R T I C L E I N F O A B S T R A C T Keywords: This paper explores whether differences in accounting standards influence reporting behavior Long-lived asset write-downs within the U.S. institutional environment where both IFRS and U.S. GAAP are used for reporting Asset impairments purposes. We focus on the accounting for impairment of long-lived assets, an area where sig- IFRS nificant differences exist between U.S. GAAP and IFRS. We identify all U.S.-listed firms who have U.S. GAAP recognized long-lived asset impairment losses during the 2004–2012 period. From these firms, we identify firm