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. This dataset currently consists of 3,588 SEC AAERs issued between May 17th 1982 and September 29th 2014. These AAERs cover 1,383 firm misstatement events, where 957 of the firm misstatement events affect the firms' quarterly and/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