Accrual versus Cash-Basis Accounting Methods: An Agency-Theoretic Comparison
In an agency setting with moral hazard, this paper analytically demonstrates that accrual accounting is superior to cash-basis accounting (subject to costs). The main reason is that accrual accounting information more fully reflects the overall effects of managerial actions or efforts on future cash...
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| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
1989
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| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soa_research/699 http://dx.doi.org/10.1016/0278-4254(89)90015-x |
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