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022			_a2380-2154
040			_cOCT
100			_aKeskek, Sami
240			_aJournal of Financial Reporting / _hSpring 2024
245			_aChanges in analysts' accrual-related forecast optimism after the disapperance of the accrual anomaly / _cSami Keskek and Senyo Tse
300			_aVol 19 (1) pages 95-111 : _billustrations ; _c28 cm
500			_aABSTRACT: We investigate changes in analysts' accrua-related forecast optimism after the disappearance of the accrual anomaly. We find that such optimism persists in the no-anomaly period, particularly when analysts incentives are aligned with greater optimism (ite, for frms with high external financing), By contrast, the accrual-elated forecast optimism declines when analysts' incentives for optimism are low and in circumstances where analysts would have been more aware of accruals information after the anomaly became publicized (i., when analysts issued a cash low forecast). These findings suggest that analysts' incentives can offset forecast improvements that their heightened accrual awareness would otherwise allow. They also highlight the importance of considering both analysts incentives and knowledge when interpreting their forecasts.
650			_aFinancial analysts
650			_aEarnings forecasts
650			_aAccrual anomaly
650			_aExternal financing
700			_aTse, Senyo
942			_2ddc _cCR _n0
999			_c9935 _d9935