會計學外文文獻及翻譯----問責資產減值的決定

1、THE EFFECTS OF PRIOR INVOLVEMENT ANDACCOUNTABILITY ON ASSET IMPAIRMENT DECISIONSRandall W. RentfroNova Southeastern Universityrentfro@huizenga.nova.eduABSTRACTThis study examines whether long-lived asset impairment decis

2、ions are biased when the decision maker was also involved in the original decision to invest in the asset. In addition, the study tests whether accountability for impairment decisions attenuates bias in the judgments mad

3、e by individuals who were involved in the investment decision. The theoretical bases for the study’s research question and hypothesis come from the accountability and escalation of commitment literatures as well as a psy

4、chological theory previously untested in the accounting domain, the Catastrophe Theory of Attitudes (CTA). The study’s findings suggest that CTA may have potential to explain certain behaviors of accountants. Furthermore

5、, accountability appears to mitigate bias stemming from prior involvement in the investment decision.five-year period. The participants assessed the probability that the assets of the entertainment complex were impaired

6、at the end of each year in the five-year period.The results of the study suggest that accountability attenuated biases resulting from prior involvement in the investment decision. In addition, the decisions made by parti

7、cipants in the involvement condition follow a pattern that is consistent with a psychological model of attitude formation and change: the Catastrophe Theory of Attitudes (Latane however, the Financial Accounting Standar

8、ds Board (FASB) did not intend for the list of impairment indicators to be exhaustive.TABLE 1Example Asset Impairment IndicatorsStatement of Financial Accounting Standards No. 144 (FASB, 2001)a A significant decrease in

9、the market price of a long-lived asset (asset group)b A significant adverse change in the extent or manner in which a long-lived asset (asset group) is being used or in its physical conditionc A significant adverse chang

10、e in legal factors or in the business climate that could affect thevalue of a long-lived asset (asset group), including an adverse action or assessment by a regulatord An accumulation of costs significantly in excess of