Current Issues in Financial Reporting and Financial Statement Analysis

This special issue contains contributions by renowned academics and executives on current issues in financial reporting and financial statement analysis. The research of Bernhard Pellens and Nils Crasselt, and of Wolfgang Gerke, Ferdinand Mager, and Alexander Röhrs deals with the rating consequences of Standard & Poor's new approach to classifying internally financed pension obligations for defined pension plans. The papers of the Schmalenbach working group and of Thomas W. Günther, Dirk Beyer, and Jutta Menninger discuss the possibilities and limitations of financial reporting on intangibles.