IAAER and KPMG are devoted to sponsoring research that informs the IASB decision process.

Reporting Financial Performance

Download PDF: Grant Recipients

Round 1 of our joint program focused on Reporting Financial Performance and provided funding for five outstanding projects. In addition to receiving funding from KPMG, each team benefited from feedback provided by standard setters and leading scholars at four project events. The project deliverables were held at IAAER’s September 2005 International Research Conference for Accounting Educators in Bordeaux, France; at IAAER’s March 2006 workshop in New York City; at the August 2006 meeting of the American Accounting Association held in Washington, DC; and at the November 2006 IAAER World Congress of Accounting Educators held in Istanbul.

The following research teams participated in Round 1, with the resulting publications:

How Do Financial-Statement Data Inform Investors about Changes in Equity Value? Modeling and Empirically Testing the Relation between Operating Performance and Market Performance
Guochang Zhang and Peter Chen

Identifying Decision Useful Information With the Matrix Format Income Statement
Ann Tarca, Philip Brown, Phil Hancock, David Woodliff, Michael Bradbury, and Tony Van Zijl

• Tarca, Ann, Woodliff, David R., Hancock, Phil, Brown, Philip R.,Bradbury, Michael E. and Van Zijl, Tony. Identifying Decision Useful Information with the Matrix Format Income Statement. Journal of International Financial Management & Accounting, Vol. 19, No. 2, pp. 184-217, Summer 2008.

What Performance Measure Attributes do Investors Value the Most?
Jan Barton, Bowe Hansen, Grace Pownall

• Barton, Jan, Hansen, Thomas Bowe and Pownall, Grace. Which Performance Measures do Investors Value the Most - and Why? The Accounting Review. (Forthcoming.)

The Dynamic Effects of Other Comprehensive Income
Kimberly J. Smith and Denise A. Jones

Disintegrated Performance Reporting
Leslie Hodder, Patrick E. Hopkins, and David A. Wood

• Hodder, L., P.E. Hopkins, and D. Wood. The Effects of Financial Statement and Informational Complexity on Analysts' Cash Flow Forecasts. The Accounting Review 83 (4), 915 (2008)

Members of the IAAER KPMG Research Grant Program Round 1 Committee:

• Mary E. Barth, IASB Board Member and Atholl McBean Professor of Accounting, Stanford University
• Timothy B. Bell, Director, Assurance Research, KPMG International’s Audit & Advisory Services Center
• Katherine Schipper, Thomas Keller Professor of Business Administration, Duke University
• Donna L. Street (Program Coordinator), IAAER President and Mahrt Chair in Accounting, University of Dayton