Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
Samenvatting
Financial Accounting Theory
Nyenrode Business Universiteit
Pre-Master Accountancy
Collegejaar: 2025-2026
,Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
Inleiding
Voor deze samenvatting is gebruikgemaakt van de volgende literatuur:
• Financial Accounting Theory – 8e druk
Bij het studieonderdeel Financial Accounting Theory (FAT) – en dus in deze samenvatting -
zullen de volgende onderwerpen behandeld worden:
• Doel van FAT;
• Fundamenteel probleem van FAT;
• Informatieasymmetrie: Adverse Selection en Moral Hazard;
• Accounting under Ideal Conditions;
• The Decision Usefulness Approach;
• Efficient Securities Markets;
• The Information Approach to Decision Usefulness;
• Efficient Contracting Theory;
• Agency Theory;
• Executive Compensation;
• Earnings Management;
• Standard Setting: Economic Issues;
• Standard Setting: Political Issues.
In deze samenvatting is alle theorie behandeld die volgens de weekplanning FAT als
tentamenstof staat voorgeschreven (gebaseerd op de slides van het vak). Wanneer theorie uit
de weekplanning niet wordt opgenomen in deze samenvatting zal dit hieronder te vinden zijn
onder de opmerkingen.
Maak naast deze samenvatting gebruik van de oefenopgaven zoals deze zijn voorgeschreven
in de weekplanning, en van het proeftentamen Financial Accounting Theory (FAT).
Veel succes met de voorbereiding voor het tentamen!
,Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
Inhoudsopgave
Hoofdstuk 1: Introductie .................................................................................................................. 5
1.1 Doel van Financial Accounting Theory & historisch perspectief ..................................................... 5
1.2 Informatie asymmetrie ........................................................................................................... 6
1.3 Het fundamentele probleem van FAT........................................................................................ 7
Hoofdstuk 2: Accounting under ideal conditions .................................................................................. 8
2.1 Current value-based accounting............................................................................................... 8
2.2 Conclusie .............................................................................................................................10
Hoofdstuk 3: The Decision Usefulness Approach ................................................................................. 11
3.1 Decision usefulness ...............................................................................................................11
Hoofdstuk 4: Efficient Securities Markets........................................................................................... 17
4.1 Een efficiënte effectenmarkt...................................................................................................17
4.2 Rendementsmodellen ............................................................................................................19
4.3 Belang van goed werkende efficiënte effectenmarkten ..............................................................21
Hoofdstuk 5: The Information Approach to Decision Usefulness ............................................................ 22
5.1 Outline research problem & marktrespons ...............................................................................22
Hoofdstuk 6: The Measurement Approach to Decision Usefulness ......................................................... 26
6.1 Measurement approach ........................................................................................................26
Hoofdstuk 7: Economic consequences and positive accounting theory ................................................... 32
7.1 Efficient Contracting Theory (ECT) ...........................................................................................32
Hoofdstuk 8: An Analyses of Conflict ................................................................................................. 36
8.1 Agency theory ......................................................................................................................36
8.2 Rigidity (starheid) van contracten ...........................................................................................38
8.3 Reconilation: efficient securities market with economic consequences .........................................38
8.4 Conclusie .............................................................................................................................39
Hoofdstuk 9: Executive compensation ............................................................................................... 40
9.1 Executive Compensation Plan .................................................................................................40
9.2 Managerial Compensation Plan ..............................................................................................41
9.3 Power Theory of Executive Compensation ................................................................................42
Hoofdstuk 10: Earnings Management................................................................................................ 43
10.1 Patronen van Earnings Management ......................................................................................43
10.2 Earnings Management & Accruals ..........................................................................................44
10.3 Motivatie voor Earnings Management.....................................................................................44
, Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
10.4 Slechte & Goede kanten aan Earnings Management .................................................................45
10.5 Conclusie .............................................................................................................................45
Hoofdstuk 11: Standard Setting: Economic Issues ............................................................................... 46
11.1 Regulering of een economische activiteit .................................................................................46
Hoofdstuk 12: Standard Setting: Political Issues .................................................................................. 50
12.1. Theorieën van regulatie .........................................................................................................50
12.2. Criteria voor standard setting .................................................................................................51
12.3. Conclusie .............................................................................................................................51
Highlights ..................................................................................................................................... 52
Samenvatting
Financial Accounting Theory
Nyenrode Business Universiteit
Pre-Master Accountancy
Collegejaar: 2025-2026
,Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
Inleiding
Voor deze samenvatting is gebruikgemaakt van de volgende literatuur:
• Financial Accounting Theory – 8e druk
Bij het studieonderdeel Financial Accounting Theory (FAT) – en dus in deze samenvatting -
zullen de volgende onderwerpen behandeld worden:
• Doel van FAT;
• Fundamenteel probleem van FAT;
• Informatieasymmetrie: Adverse Selection en Moral Hazard;
• Accounting under Ideal Conditions;
• The Decision Usefulness Approach;
• Efficient Securities Markets;
• The Information Approach to Decision Usefulness;
• Efficient Contracting Theory;
• Agency Theory;
• Executive Compensation;
• Earnings Management;
• Standard Setting: Economic Issues;
• Standard Setting: Political Issues.
In deze samenvatting is alle theorie behandeld die volgens de weekplanning FAT als
tentamenstof staat voorgeschreven (gebaseerd op de slides van het vak). Wanneer theorie uit
de weekplanning niet wordt opgenomen in deze samenvatting zal dit hieronder te vinden zijn
onder de opmerkingen.
Maak naast deze samenvatting gebruik van de oefenopgaven zoals deze zijn voorgeschreven
in de weekplanning, en van het proeftentamen Financial Accounting Theory (FAT).
Veel succes met de voorbereiding voor het tentamen!
,Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
Inhoudsopgave
Hoofdstuk 1: Introductie .................................................................................................................. 5
1.1 Doel van Financial Accounting Theory & historisch perspectief ..................................................... 5
1.2 Informatie asymmetrie ........................................................................................................... 6
1.3 Het fundamentele probleem van FAT........................................................................................ 7
Hoofdstuk 2: Accounting under ideal conditions .................................................................................. 8
2.1 Current value-based accounting............................................................................................... 8
2.2 Conclusie .............................................................................................................................10
Hoofdstuk 3: The Decision Usefulness Approach ................................................................................. 11
3.1 Decision usefulness ...............................................................................................................11
Hoofdstuk 4: Efficient Securities Markets........................................................................................... 17
4.1 Een efficiënte effectenmarkt...................................................................................................17
4.2 Rendementsmodellen ............................................................................................................19
4.3 Belang van goed werkende efficiënte effectenmarkten ..............................................................21
Hoofdstuk 5: The Information Approach to Decision Usefulness ............................................................ 22
5.1 Outline research problem & marktrespons ...............................................................................22
Hoofdstuk 6: The Measurement Approach to Decision Usefulness ......................................................... 26
6.1 Measurement approach ........................................................................................................26
Hoofdstuk 7: Economic consequences and positive accounting theory ................................................... 32
7.1 Efficient Contracting Theory (ECT) ...........................................................................................32
Hoofdstuk 8: An Analyses of Conflict ................................................................................................. 36
8.1 Agency theory ......................................................................................................................36
8.2 Rigidity (starheid) van contracten ...........................................................................................38
8.3 Reconilation: efficient securities market with economic consequences .........................................38
8.4 Conclusie .............................................................................................................................39
Hoofdstuk 9: Executive compensation ............................................................................................... 40
9.1 Executive Compensation Plan .................................................................................................40
9.2 Managerial Compensation Plan ..............................................................................................41
9.3 Power Theory of Executive Compensation ................................................................................42
Hoofdstuk 10: Earnings Management................................................................................................ 43
10.1 Patronen van Earnings Management ......................................................................................43
10.2 Earnings Management & Accruals ..........................................................................................44
10.3 Motivatie voor Earnings Management.....................................................................................44
, Samenvatting Financial Accounting Theory | AC-PR-FT | Pre-Master Accountancy | Nyenrode
10.4 Slechte & Goede kanten aan Earnings Management .................................................................45
10.5 Conclusie .............................................................................................................................45
Hoofdstuk 11: Standard Setting: Economic Issues ............................................................................... 46
11.1 Regulering of een economische activiteit .................................................................................46
Hoofdstuk 12: Standard Setting: Political Issues .................................................................................. 50
12.1. Theorieën van regulatie .........................................................................................................50
12.2. Criteria voor standard setting .................................................................................................51
12.3. Conclusie .............................................................................................................................51
Highlights ..................................................................................................................................... 52
