一、创新是第一位的实证研究的目的是记录现有实践(Document),解释现存问题(Explain),验证现有理论(Evaluate)。有没有创新,是衡量实证会计研究的标准。创新可以是提出或记录了一种新的会计现象或实践,例如Sloan(1996)发现的应计项目异象(Accrual Anomaly)。这项研究发现投资者没法充分区分应计项目和现金流量中关于未来盈余(Future Earnings)的信息。创新可以是运用不同的数据从不同的角度验证或质疑现有假说或理论。例如,Lambert和Larcker(1987)根据Holmstrom(1979)关于"信息性(Infor- I. Innovation is the First Empirical Study to Record Existing Practices, Explain Existing Problems, and Verify Evaluate. There is no innovation, is a measure of empirical accounting standards. Innovation can be the presentation or recording of a new accounting phenomenon or practice, such as the accrual anomaly found by Sloan (1996). The study found that investors can not adequately differentiate between accruals and cash flows of future earnings information. Innovation can be the use of different data to validate or question existing hypotheses or theories from different perspectives. For example, Lambert and Larcker (1987) based on Holmstrom’s (1979) Infor-