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DOI: 10.1177/002194367501200302 Communicating Through Financial Reports: an Empirical StudyFlorida State University Accountants have devoted considerable resources to improving "numbers" in accounting reports. The research reported here suggests that improvement of the nonquantitative messages in financial statements may increase the utility of these statements. The methodology used is a laboratory study which required subjects to use both quantitative and qualitative financial information to make common-stock investment decisions.
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