The effects of regulatory and contracting costs on banks' choice of accounting method for other postretirement employee benefits

@inproceedings{Ramesh2000TheEO,
  title={The effects of regulatory and contracting costs on banks' choice of accounting method for other postretirement employee benefits},
  author={Kaundal Ramesh and Lawrence Revsine},
  year={2000}
}
This paper examines banks' choice of accounting methods in a new regulatory environment that more closely ties regulatory monitoring to GAAP numbers. The study finds that banks' choice of the implementation method for SFAS 106 is consistent with an attempt to balance the increased regulatory costs with earnings management benefits. Moreover, banks strategically chose the adoption timing of both SFAS 106 and SFAS 109 to further reduce regulatory costs. The implementation method choice is… CONTINUE READING

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