Center for Financial Reporting & Management

AAER Dataset

Since 1982, the SEC has issued Accounting and Auditing Enforcement Releases (AAERs) during or at the conclusion of an investigation against a company, an auditor, or an officer for alleged accounting and/or auditing misconduct. These releases provide varying degrees of detail on the nature of the misconduct, the individuals and entities involved and their effect on the financial statements. The dataset currently consists of 3,813 SEC AAERs (1,540 firm misstatement events) issued between May 17th 1982 and September 30th 2016. It contains 1,019 firm misstatement events that affect at least one of the firms’ quarterly or annual financial statements.

For more details on the dataset, please see Dechow, Ge, Larson and Sloan (2011) Predicting Material Accounting Misstatements published in Contemporary Accounting Research.

Corporate, academic, and non-profit researchers are welcome to purchase the AAER data. Once payment is made, the dataset will be emailed to you.

Please contact for questions about the data or payment.

Purchase AAER Dataset