However, the existence of implementation guidance,
scope exceptions, and alternatives introduce increased
management discretion, which can reduce comparability
and could be associated with lower accounting quality.
At the same time, implementation guidance could increase
comparability by reducing the effects of judgment in the
implementation of the standard, and render the accounting
numbers more verifiable, less subject to earnings management,
and more enforceable (Schipper, 2003). Finally, increased
disclosure could be associated with less earnings
management due to increased transparency of accounting
judgments, making it easier to detect earnings
management.