Information Asymmetry and Accounting Conservatism under IFRS Adoption

LaFond and Watts (2008) provide evidence that information asymmetry might be a determinant of accounting conservatism. One implication of their paper is that regulators trying to reduce information asymmetry by lowering the level of accounting conservatism might be wrong. However, there is a trend in moving away from conservative accounting. The typical example is IFRS adoption. Therefore, this paper studies information asymmetry and accounting conservatism under IFRS adoption. The results show that the level of accounting conservatism decreases after mandatory IFRS adoption, but the adoption of IFRS is likely to weaken the relationship between information asymmetry and accounting conservatism. Moreover, this paper investigates how the change of accounting conservatism under IFRS is related to the change in information environment. The finding shows that accounting conservatism increases information environment, supporting the idea that, by providing comparatively credible information, conservative accounting is beneficial to the information environment.

Barnes Wines Fonds

4 Minute Books dated: 1880, 1892, 1901, 1934, 1948-1950, 1952-1953, 1955, 1958, 1962 – 1975, 1981, 1984, 1986; 3 Common stock books dated: 1934-1935, 1937-1941, 1946, 1948-1950, 1955-1956, 1958, 1961-1974, 1981 and 2 Class A stock books dated:1948 - 1951

New Rate Schedules - 1927

A notification from the Canadian Niagara Power Co. detailing a rate increase for domestic customers. Two schedules are listed, one for customers under 1,000 watts and the other for customers over 1,000 watts.

Schram Family of Wainfleet Township documents, 1839-1901 (not inclusive)

George William Schram (1809-1885), son of Garrett Schram and Leah Van Etten, married Orpha Pearson on Nov.13, 1835. His son Marsena John Schram (farmer) was born in May of 1840, in Canada. He died on Nov. 17, 1926 in Wexford County, Michigan. He was married in 1867 to Sarah (1825-1887).Marsena married again on April 18, 1910 to Ann Clarinda Warner (1861-1924). He was working as a carpenter at this time. They had another son, William who was born about 1838 and he married Sabina Chambers on Jan. 21, 1862. The 1861 census for Wainfleet lists siblings of Marsena John Schram as Sarah J. (age 14), Georgiana (age 5), and William (age 21). The Schrams lived on Concession 5 and owned approximately 144 acres of land. David Thompson was born Feb. 4, 1873 and died Feb. 19, 1951. He married Sally Ann Wilson on Sept. 7, 1825 in Pelham. She died about 1840 in Indiana Ontario (near Cayuga). Lemuel Victor Hogue was born Dec.1, 1854 and died Jan. 12, 1929. He was married to Elizabeth Wills who was born Aug. 2, 1861 and died Mar. 8, 1926. Sources: http://www.findagrave.com/cgi-bin/fg.cgi?page=gr&GRid=99294842 http://wc.rootsweb.ancestry.com/cgi-bin/igm.cgi?op=GET&db=seadragon5&id=I91708

Proceedings : Grand Lodge, A.F. & A.M. of Canada in the Province of Ontario - 1881

These are the annual proceedings of the Grand Lodge A.F. & A.M. of Canada in the Province of Ontario covering a single year of activity. The entire collection of proceedings cover the years 1855 to 2014. Future proceedings will be added to the website. Freemasonry is the oldest and largest worldwide fraternity dedicated to the Brotherhood of Man under the Fatherhood of a Supreme Being. In Ontario, the governing body is called the Grand Lodge of Ancient Free and Accepted Masons of Canada in the Province of Ontario. It is under the leadership of the Grand Master. He presides over the 53,000 Masons who belong to one or more of the 571 lodges in his jurisdiction.

Proceedings : Grand Lodge, A.F. & A.M. of Canada in the Province of Ontario - 1882

These are the annual proceedings of the Grand Lodge A.F. & A.M. of Canada in the Province of Ontario covering a single year of activity. The entire collection of proceedings cover the years 1855 to 2014. Future proceedings will be added to the website. Freemasonry is the oldest and largest worldwide fraternity dedicated to the Brotherhood of Man under the Fatherhood of a Supreme Being. In Ontario, the governing body is called the Grand Lodge of Ancient Free and Accepted Masons of Canada in the Province of Ontario. It is under the leadership of the Grand Master. He presides over the 53,000 Masons who belong to one or more of the 571 lodges in his jurisdiction.

Proceedings : Grand Lodge, A.F. & A.M. of Canada in the Province of Ontario - 1883

These are the annual proceedings of the Grand Lodge A.F. & A.M. of Canada in the Province of Ontario covering a single year of activity. The entire collection of proceedings cover the years 1855 to 2014. Future proceedings will be added to the website. Freemasonry is the oldest and largest worldwide fraternity dedicated to the Brotherhood of Man under the Fatherhood of a Supreme Being. In Ontario, the governing body is called the Grand Lodge of Ancient Free and Accepted Masons of Canada in the Province of Ontario. It is under the leadership of the Grand Master. He presides over the 53,000 Masons who belong to one or more of the 571 lodges in his jurisdiction.

Last Will and Testament - Angus Shaw

Last Will and Testament of Angus Shaw of Montreal. He leaves his possessions to Marjory Shaw, his wife; children of his sister Marion (wife of Duncan McDougall) and his nieces who are daughters of his deceased sister Isabella, May 9, 1809.

Letter - Ducan W. Farland to Samuel Woodruff

Letter to Samuel Woodruff from Duncan W. Farland regarding a 50 pound distribution. Mr. Farland has placed an order with Mr. Rannie. This letter is slightly torn along the top, Nov. 26, 1855.

Letter addressed to D. M. McFarland, M.P.P. from S.D. Woodruff

Letter addressed to D. M. McFarland, M.P.P. [Duncan McFarland had a seat in the 3rd parliament of Canada as a member of the Welland riding] from S.D. Woodruff. Mr. Woodruff expresses his gratitude to Mr. McFarland for taking the trouble to meet with Mr. Thomas Bell regarding Lot 30, Concession 2 of Enniskillen, July 10, 1850.

Letter to S.D. Woodruff regarding a resolution passed on May 17, 1856 by the Board of Directors of the Port Robinson and Thorold Macadamized Road Committee

Letter to S.D. Woodruff regarding a resolution passed on May 17, 1856 by the Board of Directors of the Port Robinson and Thorold Macadamized Road Committee This is signed by Duncan McFarland, president, May 27, 1856.

Letter to S.D. Woodruff regarding a resolution passed that the engineer be requested to examine the fence built by the contractors alongside of the Henry Vandenburgh Farm

Letter to S.D. Woodruff regarding a resolution passed that the engineer be requested to examine the fence built by the contractors alongside of the Henry Vandenburgh Farm and report to the secretary as to whether this is a lawful fence, completed according to Williams’ contract. This is signed by Duncan McFarland, president. There is a reply written by S.D. Woodruff at the bottom of the letter stating that the fence is not built in accordance with the contract, Dec. 18, 1856.