In this study, we investigate the relationship between revenue recognition restatements and order backlog. Order backlog, a leading indicator of future earnings, is defined as the monetary value of unfilled orders at year-end. The presence of an order backlog can be economically significant and can have positive or negative implications. However, it is not clear whether there is an association between order backlog and financial reporting quality and, if there is, whether the relationship is negative or positive. Our results suggest that revenue recognition restatements are more likely to occur when order backlogs or changes in order backlogs are significant. Additionally, firms just meeting an earnings target when they have greater order backlog changes, and firms with a higher deferred-revenue-to-order-backlog ratio, are more likely to restate revenue. Finally, audit firms with more experience auditing companies with average backlogs above the median mitigate the association between backlogs and revenue restatements. Hence, financial statement users and auditors should use more skepticism in reviewing financial statements when firms have order backlogs.

在这项研究中，我们调查了收入确认重述与订单积压之间的关系。订单积压是未来收益的领先指标，被定义为年末未完成订单的货币价值。订单积压的存在可能具有重要的经济意义，并可能产生积极或消极的影响。然而，目前尚不清楚订单积压与财务报告质量之间是否存在关联，如果存在关联，这种关联是负的还是正的。我们的结果表明，当订单积压或订单积压变化很大时，更有可能发生收入确认重述。此外，公司在订单积压变化较大时才达到盈利目标，而递延收入与订单积压比率较高的公司，更有可能重述收入。最后，有更多经验审计平均积压超过中位数的公司的审计公司可以减轻积压与收入重述之间的关联。因此，当公司有订单积压时，财务报表使用者和审计师在审查财务报表时应该更加怀疑。