Question

请英语高手翻译一下!!!

Consistent with application of IAS resulting in high quality accounting amounts, Barth, Landsman, and Lang (2006) finds that firms applying IAS generally report accounting amounts that are of higher quality than firms applying non-US domestic GAAP. In particular, Barth, Landsman, and Lang (2006) finds that firms applying IAS evidence less earnings management, more timely loss recognition, and more value relevance of accounting than do a matched sample of non-US firms applying domestic GAAP. Further, firms applying IAS generally exhibit higher accounting quality after adopting IAS.
The question that remains for US policy makers is whether accounting amounts that result from applying IAS are of sufficient quality relative to those that result from applying US GAAP to eliminate the need for reconciliation to US GAAP. Pownall and Schipper (1999) suggests most relevant to the SEC’s deliberations on removing the reconciliation requirement for firms applying IAS would be research comparing the quality of IAS and US GAAP accounting amounts. Yet, there is little evidence relating to this comparison. Further, as Pownall and Schipper (1999) notes, the SEC is likely as interested in the quality of IAS amounts for firms that do not currently trade on US markets as it is in the quality of IAS amounts for those that do. This is because part of the SEC’s goal is to attract US listings by removing impediments.
Whether IAS result in accounting amounts that are of quality comparable to those resulting from application of US GAAP is an open empirical question that we address. Following prior research, we interpret earnings that exhibit less earnings management, more timely loss recognition, and higher value relevance as being of higher quality. Our metrics of earnings management are based on the variance of the change in net income, the ratio of the variance of the change in net income to the variance of the change in cash flows, the correlation between accruals and cash flows, and the frequency of small positive net income. Our metrics for timely loss recognition are based on the frequency of large losses and the association between bad-news returns and earnings, and our measures of value relevance are the explanatory powers of income and equity book value for prices, and stock return for earnings.

Answer 1

一致与IAS的应用造成高质量会计共计， Barth，同胞，并且Lang (2006)发现申请IAS的企业一般报告比应用非美国国内GAAP的企业是优质的会计数额。Barth、同胞和Lang (2006)比申请国内GAAP的发现申请IAS的企业见证较少收入管理，更加实时性的损失公认和会计更多价值相关性非美国企业一个被匹配的样品。 进一步，申请IAS的企业在采取IAS以后一般陈列更高的会计质量。为美国政策制订者依然是的问题是否起因于申请IAS是充足的质量相对那些起因于应用美国GAAP消灭对和解的需要对美国GAAP的认为的数额。 pownall和Schipper (1999)建议最相关与SEC [Dotranslation]SEC的研讨在去除申请IAS的企业的和解要求是比较IAS和美国GAAP会计的质量的研究数额然而，有一点证据与这比较相关。 进一步，当Pownall和Schipper (1999)笔记， SEC是可能的如感兴趣对IAS数额的质量为在美国市场上当前不换的企业，当它进入IAS数额的质量为的那些。 这是，因为一部分的SEC的目标是通过去除障碍吸引美国目录。
IAS结果在是质量可比较与起因于美国GAAP的应用的那些的认为的数额是否是我们提出的一个未解决的经验主义的问题。 在预先的研究以后，我们解释陈列较少收入管理、更加实时性的损失公认和上限值相关性作为是更加优质的收入。收入管理我们的度规根据变化的变化在净收入上的，变化的变化的比率在净收入上的对变化的变化在现金流动上的，交互作用在增殖和现金流动之间和小正面净收入频率。我们的度规为实时性损失公认根据大损失频率和协会在坏新闻回归和收入之间，并且价值相关性我们的措施是收入和产权帐面价值的说明力量为价格和股票收益为收入.