Disciplina Discipline EAC5900
Seminários de Pesquisa em Contabilidade Financeira

Research Seminars in Financial Accounting

Área de Concentração: 12136

Concentration area: 12136

Criação: 28/06/2019

Creation: 28/06/2019

Ativação: 28/06/2019

Activation: 28/06/2019

Nr. de Créditos: 8

Credits: 8

Carga Horária:

Workload:

Teórica

(por semana)

Theory

(weekly)

Prática

(por semana)

Practice

(weekly)

Estudos

(por semana)

Study

(weekly)

Duração Duration Total Total
4 2 2 15 semanas 15 weeks 120 horas 120 hours

Docentes Responsáveis:

Professors:

Luiz Nelson Guedes de Carvalho

Renê Coppe Pimentel

Fernando Dal-Ri Murcia

Objetivos:

O principal objetivo do curso é fornecer uma introdução à literatura de pesquisa contábil empírica e às teorias que permeiam a Contabilidade Financeira. O curso irá focar-se na literatura da pesquisa contábil empírica que incide sobre o papel que a informação contábil desempenha na formação dos preços e em todos usuários externos. O curso tem como objetivo desenvolver : (1) Uma valorização dos papéis da teoria na pesquisa empírica. (2) O conhecimento dos métodos de pesquisa e os projetos utilizados em contabilidade empírica (e finanças) e pesquisas que examinam várias questões de contabilidade financeira . (3) A capacidade de analisar criticamente , avaliar e aplicar vários métodos de pesquisa na contabilidade financeira . (4) A capacidade de criar, projetar e conduzir pesquisas empíricas em contabilidade financeira

Justificativa:

Conteúdo:

Um formato de seminário será usado. Os materiais atribuídos a cada semana são divididos em principais leituras e leituras de fundo. Você deve estar preparado para discutir as principais leituras quando nos encontros de sala de aula . As principais leituras serão compostas de capítulos dos livros atribuídos, estudos publicados, e working papers ( publicada ou a pedidos de autores) . Nosso foco será a apresentação e discussão de trabalhos de pesquisa. Cada participante deve planejar a apresentar algumas vezes durante o semestre. O apresentador de um documento deve descrever claramente o problema que o estudo analisa (problema de pesquisa ), por que a questão é interessante ( motivação, teoria e desenvolvimento da hipótese ), a forma como a questão é examinada (amostragem , design e execução de pesquisa empírica) , e o que aprendemos com o estudo (avaliação de provas, é interessante / importante? ). O apresentador, também, pode optar por distribuir aos outros membros da classe um resumo do artigo que cobre estes quatro pontos .

Content:

The format of seminars will be used. The materials attributed to each week are divided between main readings and background readings. You should be prepared to discuss the main readings when we meet in the classroom. The main readings include book chapters, published studies and working papers (published on on the authors’ request). We will focus on the presentation and discussion of research papers. Each participant is expected to plan some presentations during the term. The presenter of a document should clearly describe the problem the study analyzes (research problem), why the question is interesting (motivation, theory and development of the hypothesis), the way the question is examined (sampling, design and execution of empirical research), and what we have learned from the study (evaluation of evidences, is it interesting / important?). The presenter can also choose to distribute a summary of the article that addresses these four aspects to the fellow students.

Forma de Avaliação:

Requisitos do Curso e classificação ( 1 ) Participação em classe, apresentações e debates - 10% ( 2 ) Trabalhos de casa e críticas de artigos - 30% ( 3

Observação:

Bibliografia:

Scott, W. R. Financial Accounting Theory. Prentice Hall, Inc., 2009, Sixth edition. SBN 0-13-5119154. Watts, R. and J. Zimmerman. Positive Accounting Theory. Prentice Hall, Englewood Cliffs, NJ, 1986. ISBN 0-13-686171-7. 5.2 Bibliografia Correspondente às Semanas de Curso. Semana 1: Introdução à Pesquisa em Contabilidade Financeira. Leituras Principais: Watts and Zimmerman, Positive Accounting Theory, Chapter 1 The Role of Accounting Theory Scott, Financial Accounting Theory, Chapters 1 and 2 Introduction Accounting Under Ideal Conditions Semanas 2 e 3: Perspectiva da Informação Contábil I Leituras Principais: Watts and Zimmerman, Positive Accounting Theory, Chapters 2 and 3 The Efficient Market Hypothesis and Capital Asset Pricing Model Accounting Earnings and Stock Prices Scott, Financial Accounting Theory, Chapters 3, 4 and 5 The Decision Usefulness Approach to Financial Reporting Efficient Securities Markets The Information Approach to Decision Usefulness Leituras Adicionais: Ball, R. and Brown, P. "An Empirical Evaluation of Accounting Income Numbers." Journal of Accounting Research (Autumn 1968), 159-178. MacKinlay, Craig, A. "Event Studies in Economics and Finance." Journal of Economic Literature (March 1997), pp. 13-39. Semanas 4 e 5: Perspecitva da Informação Contábil II Leituras Principais: Watts and Zimmerman, Positive Accounting Theory, Chapter 4. Discriminating Between Competing Hypotheses Leituras Adicionais: Kothari, S.P. and Sloan, R. “Information in prices about future earnings: implications forearnings response coefficients.” Journal of Accounting and Economics (1992), 143-171. Basu, S. “The Conservatism Principle and the Asymmetric Timeliness of Earnings.” Journal of Accounting and Economics (December 1997), 3-37. Semana 6 e 7: Perspectiva dos Contratos Leituras Principais: Watts and Zimmerman, Positive Accounting Theory, Chapters 10, 11, and 12. Accounting and the political process Empirical tests of accounting choices Stock price tests of the theory Fields, T. D., T. Z. Lys, and L. Vincent. “Empirical research on accounting choice,” Journal of Accounting and Economics (31)1-3 (2001) pp. 255-307. Kothari, S. P., K. Ramanna, and D. J. Skinner. “Implications for GAAP from an analysis of positive research in accounting,” Journal of Accounting and Economics (50) 2-3 (2010) pp. 246-286. Leituras Adicionais: Dechow, P.M., R.G. Sloan, and A.P. Sweeney. “Causes and Consequences of Earnings manipulation: an analysis of firms subject to enforcement actions by the SEC.” Contemporary Accounting Research (1996) 1-36. Sweeney, A. "Debt-Covenant Violations and Managers' Accounting Responses." Journal of Accounting and Economics, 17 (1994): 281-308. Jensen, M. and Meckling, W. "Theory of the firm: Managerial Behavior, Agency Costs, and ownership Structure." Journal of Financial Economics, 3 (1976): 305-360. Semana 7 e 8: Perspectiva da Mensuração I Leituras Principais: Scott, Financial Accounting Theory, Chapter 6 The Measurement Approach to Decision Usefulness Ohlson, J. "Earnings, Book Values, and Dividends in Equity Valuation." Contemporary Accounting Research (Spring 1995), 661-687. Leituras Complementares: Ohlson, J., "A Synthesis of Security Valuation Theory and the Role of Dividends, Cash Flows, and Earnings." Contemporary Accounting Research (July 1990), 648-676. Feltham, G. and Ohlson, J. "Valuation and Clean Surplus Accounting for Operating and Financial Activities." Contemporary Accounting Research, Spring 1995, 689-731. Semana 9 e 10: Perspectiva da Mensuração II Leituras Principais: Scott, Financial Accounting Theory, Chapter 7 Measurement Applications Ohlson, J. "On Transitory Earnings." Review of Accounting Studies, (1999), 4, 145-162. Leituras Adicionais: Barth, M. E., W. H. Beaver, J. R. M. Hand and W. R. Landsman, “Accruals, Cash Flows, and Equity Values” Review of Accounting Studies 3 (1999) pp. 205-229. Semana 11 e 12: Regulação Contábil Leitura Principal: Scott, Financial Accounting Theory, Chapters 12 and 13 Standard Setting: Economic Issues Standard Setting: Political Issues Leituras Adicionais: Healy, P., Palepu, K., “Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature,” Journal of Accounting and Economics (31)1-3 (2001) pp. 405-440

Bibliography:

Scott, W. R. Financial Accounting Theory. Prentice Hall, Inc., 2009, Sixth edition. SBN 0-13-5119154. Watts, R. and J. Zimmerman. Positive Accounting Theory. Prentice Hall, Englewood Cliffs, NJ, 1986. ISBN 0-13-686171-7. 5.2 Bibliography Corresponding to Course Weeks. Week 1: Introduction to Financial Accounting Research. Main Readings: Watts and Zimmerman, Positive Accounting Theory, Chapter 1 The Role of Accounting Theory Scott, Financial Accounting Theory, Chapters 1 and 2 Introduction Accounting Under Ideal Conditions Weeks 2 and 3: Perspective of Accounting Information I Main Readings: Watts and Zimmerman, Positive Accounting Theory, Chapters 2 and 3 The Efficient Market Hypothesis and Capital Asset Pricing Model Accounting Earnings and Stock Prices Scott, Financial Accounting Theory, Chapters 3, 4 and 5 The Decision Usefulness Approach to Financial Reporting Efficient Securities Markets The Information Approach to Decision Usefulness Additional Readings: Ball, R. and Brown, P. "An Empirical Evaluation of Accounting Income Numbers." Journal of Accounting Research (Autumn 1968), 159-178. MacKinlay, Craig, A. "Event Studies in Economics and Finance." Journal of Economic Literature (March 1997), pp. 13-39. Weeks 4 and 5: Perspective of Accounting Information II Main Readings: Watts and Zimmerman, Positive Accounting Theory, Chapter 4. Discriminating Between Competing Hypotheses Additional Readings: Kothari, S.P. and Sloan, R. “Information in prices about future earnings: implications forearnings response coefficients.” Journal of Accounting and Economics (1992), 143-171. Basu, S. “The Conservatism Principle and the Asymmetric Timeliness of Earnings.” Journal of Accounting and Economics (December 1997), 3-37. Weeks 6 and 7: Contract Perspective Main Readings: Watts and Zimmerman, Positive Accounting Theory, Chapters 10, 11, and 12. Accounting and the political process Empirical tests of accounting choices Stock price tests of the theory Fields, T. D., T. Z. Lys, and L. Vincent. “Empirical research on accounting choice,” Journal of Accounting and Economics (31)1-3 (2001) pp. 255-307. Kothari, S. P., K. Ramanna, and D. J. Skinner. “Implications for GAAP from an analysis of positive research in accounting,” Journal of Accounting and Economics (50) 2-3 (2010) pp. 246-286. Additional Readings: Dechow, P.M., R.G. Sloan, and A.P. Sweeney. “Causes and Consequences of Earnings manipulation: an analysis of firms subject to enforcement actions by the SEC.” Contemporary Accounting Research (1996) 1-36. Sweeney, A. "Debt-Covenant Violations and Managers' Accounting Responses." Journal of Accounting and Economics, 17 (1994): 281-308. Jensen, M. and Meckling, W. "Theory of the firm: Managerial Behavior, Agency Costs, and ownership Structure." Journal of Financial Economics, 3 (1976): 305-360. Weeks 7 and 8: Measuring Perspective I Main Readings: Scott, Financial Accounting Theory, Chapter 6 The Measurement Approach to Decision Usefulness Ohlson, J. "Earnings, Book Values, and Dividends in Equity Valuation." Contemporary Accounting Research (Spring 1995), 661-687. Additional Readings: Ohlson, J., "A Synthesis of Security Valuation Theory and the Role of Dividends, Cash Flows, and Earnings." Contemporary Accounting Research (July 1990), 648-676. Feltham, G. and Ohlson, J. "Valuation and Clean Surplus Accounting for Operating and Financial Activities." Contemporary Accounting Research, Spring 1995, 689-731. Weeks 9 and 10: Measuring Perspective II Main Readings: Scott, Financial Accounting Theory, Chapter 7 Measurement Applications Ohlson, J. "On Transitory Earnings." Review of Accounting Studies, (1999), 4, 145-162. Additional Readings: Barth, M. E., W. H. Beaver, J. R. M. Hand and W. R. Landsman, “Accruals, Cash Flows, and Equity Values” Review of Accounting Studies 3 (1999) pp. 205-229. Weeks 11 and 12: Accounting Regulation Main Reading: Scott, Financial Accounting Theory, Chapters 12 and 13 Standard Setting: Economic Issues Standard Setting: Political Issues Additional Readings: Healy, P., Palepu, K., “Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature,” Journal of Accounting and Economics (31)1-3 (2001) pp. 405-440.