RETHINKING CONSERVATISM IN ACCOUNTING: EVIDENCE FROM THE THEORETICAL AND EMPIRICAL LITERATURE

The aim of this study is to provide a review of the accounting conservatism literature in order to summarize findings, identify areas of controversy and evaluate the theoretical and empirical evidences. We use the standard systematic literature survey method. The examination of increased numbers of researches on conservatism gives us many theoretical and empirical points in terms of rethinking conservatism in accounting by professional and academic circles. In our study, 34 articles published in 10 journals scanned in SSCI index were classified as literature review, conceptual and theoretical studies and empirical researches according to their research methods. Studies based on empirical research were also grouped according to their subjects