財務報表分析中的信息追求選擇的效用，投入，與統(tǒng)一【外文翻譯】

1、外文文獻翻外文文獻翻譯譯譯譯文原文：InfmationPursuitinFinancialStatementAnalysis:EffectsofChoiceEfftReconciliationMuchpriresearchsuggeststhatthefmatinwhichinfmationiscommunicatedaffectstheextenttowhichtheinfmationaffectsusers’judgments.In

2、generalinfmationaffectsuserjudgmentsmewhentheinfmationisrecognizedinanincomestatementbalancesheetthanwhenitisdisclosedinafootnoteinalessprominentfinancialstatement.These‘‘fmateffects’’mayoccurbecausedisclosuresignalstous

3、ersthatinfmationislessuseful(CotterZimmer2003LiangZhang2006)consistentwithstardsetters’rationalefrelegatinginfmationtodisclosure(SFACNo.5FinancialAccountingStardsBoard[FASB]1984).Howeverevenifdisclosedinfmationisusefulus

4、ersmaynotconsideritbecausehumaninfmationprocessinglimitationsrenderdisclosedinfmationlessaccessible(MainesMcDaniel2000).Oneapproachtohelpingusersconsidertheimplicationsofdisclosedinfmationistotransfmthefinancialstatement

5、stoappearasiftheinfmationhadbeenrecognized(Revsineetal.2004).Anexpresspurposeofsomedisclosuresistoallowthatstoftransfmation(seeSFASNo.123[FASB1995]withrespecttostockoptions).Ourpaperexamineshowuserjudgmentsareinfluencedb

6、ysuchtransfmationalfinancialstatementanalysistechniques.Whereaspriresearchfindsthatdisclosedinfmationhaslessofaneffectonuserjudgmentsthandoesrecognizedinfmationwepredictthatconditionalondisclosuresbeingtransfmedtoappeara

7、siftheyhavebeenrecognizeddisclosurescanhaveagreatereffectonusers’judgmentsthandoesinfmationthatisrecognizedtobeginwithbecausetransfmationrequiresanexplicitchoicetopursueinfmationentailsefftfulprocessingprovidesareconcili

8、ationbetweenpreposttransfmationnumbers.Testingourhypothesesrequiresthatweexaminejudgmentsofuserswhopossessknowledgeofatransfmationalfinancialstatementanalysisskill.TherefeweperfmedtwoexperimentsusingasparticipantsM.B.A.s

9、tudentswhopreviouslyhadbeentaughtconstructivecapitalizationofoperatingleasesusingaprocedureadaptedfromInhofeetal.(1991).Inbothexperimentsthefinancialstatementswerereconciled(thushighlightingtheeffectsofconstructivecapita

10、lization).Debriefingdatasuggestthattheseeffectsoccurredatleastinpartbecauseefftreconciliationaffectedparticipants’perceptionsoftheextenttowhichtheywerewellinfmed.ExperimentTwoisdesignedtofurthertesttheeffteffectsidentifi

11、edinExperimentOne.InExperimentOnelowefftparticipantswereprovidedtheresultsofconstructivecapitalizationbutnottheentirecompletedconstructivecapitalizationtemplatesothatthoseparticipantscouldcompletethetemplateduringdebrief

12、ingtoprovidedatafaknowledgecheck.HoweverthisallowsthepossibilitythatdifferencesinriskratingsattributedtoefftinExperimentOnecouldinsteadbecausedbydifferencesinaccesstoinfmationcontainedintheconstructivecapitalizationtempl

13、ate.TherefeExperimentTwoholdsconstantparticipants’accesstotheconstructivecapitalizationtemplatevariesina12betweensubjectsdesignwhetherparticipantsperfmthecalculationsinthetemplateareprovidedthecompletedtemplate.Resultsre

14、plicatetheeffteffect.Additionaldataindicatethatparticipantsinthehighefftconditionspentmetimeontheriskanalysistaskagainsuggestingthatthehigherriskratingsobservedinthatconditionareduetoparticipantsexpendinggreaterefft.Thes

15、eresultscontributetoseveralliteratures.Firstregardingfmateffectsourresultsindicatethatitisnotalwaysthecasethatrecognizedinfmationaffectsjudgmentmethandoesdisclosedinfmation.Incircumstanceswheretransfmationalfinancialstat

16、ementanalysisrequiressignificantefftreconcilesdisaggregatedinfmationdisclosedinfmationmayaffectjudgmentsmethanitwouldhavehaditbeenrecognizedinitially.Ironicallywhiletheinfmationmayhavebeendisclosedratherthanrecognizedbec

17、auseitislessusefultheefftfulprocessingnecessaryfthatinfmationtobeconsideredtheconsequentialdisaggregatedreconciliationgeneratedbytransfmationalanalysismightresultintheinfmationaffectingjudgmenttoagreaterextentthanitwould

18、havehaditbeenrecognizedinitially.OurresultsalsohaveimplicationsfMainesMcDaniel’s(2000)framewkfconsideringtheeffectsoffmatonuserjudgments.MainesMcDaniel(2000)highlightthatdisclosedinfmationislesslikelytoaffectjudgmentwhen

19、efftfulprocessingisnecessarytoaccesstheinfmation.Ourresultscomplementtheirsbyindicatingthatconditionaloncognitiveefftbeingexpendeddisclosedinfmationcanbemelikelytoaffectjudgment.Giventhattransfmationalfinancialstatementa