The Relationship between Information Asymmetry and Earnings Management in Mutual FundsAn overview of generational accounting, what and why (The conceptual model of generational accounting)

Goli, Abbas; Hajiha, Zohreh

The Relationship between Information Asymmetry and Earnings Management in Mutual FundsAn overview of generational accounting, what and why (The conceptual model of generational accounting)

Document Type : Original Article

Authors

Abbas Goli

Zohreh Hajiha

Abstract

This article attempts to introduce definition and generational accounting purposes, which has expression for the first time in 1982 by Kotlikoff and colleagues and later expanded. Paper to note that generational accounting focus on government spending and the tax burden on different age groups. Of course, other elements such as government financial liabilities within the scope of generational accounting. Generational accounting supporters believe that the imbalance between generations is not fair and should be eliminated and they talk only way to achieve a balance between the generation is use of generational accounting. Therefore, these issues concerned such as factors affecting the process of generational accounting: taxes, government spending, government borrowing, investment incentives of parents for children, welfare policies, demographics, etc. But what about the calculation of generational accounting is important is having the proper data Which is contains at least hit people in terms of age and gender and tax and transfer payments from the government each year as well as forecasts and calculate the present value of future government spending.

Keywords

Generational Accounting

Intergenerational balance

tax

Transfer payment

Fiscal Burden