后SOX时代会计重述纪叙:框架、发现与启示

Accounting Restatements in the Post-SOX Era: Framework·Findings·Implication

在后SOX时代的十年来,作为维系社会信任的低成本工具,会计正经受信任之殇,会计重述的非典型性现象无疑难辞其咎,自然地成为同期会计研究的热点议题。会计重述拓展了传统的信息披露研究,为会计准则制定和公司治理改革提出更多待解命题,我国当前转轨市场的新兴治理环境,或为解读会计重述提供了契机。由此,本文综述了后SOX时代的相关研究,提出一个分析性框架,就制度激励与重述诱因、会计重述信息的使用与评价、重述的制约机制及后果特征等层面进行文献解读,以期能够形成综合认识,并为未来研究和政策监管提供启示。

As the low-cost instrument to safeguard society trust,accounting has been questioned for decades in the post-SOX era. Atypical phenomenon of accounting restatements can hardly absolve itself of the blame,and are the hot topic of accounting research in this period. Accounting restatements expand the traditional information disclosure and advance more essays on accounting standards setting and corporate governance reform. Emerging transition market in China maybe provides research opportunity to promote understanding of accounting restatements. Thus,this paper proposes an analytical framework and reviews the literatures in post-SOX about existence,causes,information usefulness,disciplinary and trigger mechanism,and consequences of restatements. The results contribute to shaping comprehensive knowledge of accounting restatements and providing suggestions for future research and regulation.