AAER Dataset Description

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 3,490 SEC AAERs issued between May 17th 1982 and September 19th 2013. These AAERs cover 1,330 firm misstatement events, where 936 of the firm misstatement events affect the firm's quarterly and/or annual financial statements.

For more details on the dataset see Dechow, Ge, Larson, and Sloan (2011) at the following link:  Click Here


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


Please contact CFRM via CFRMdata@haas.berkeley.edu for questions about the data or payment.