What question did this study set out to answer?

This research aims to explore how accounting experience affects the accuracy of sell-side analysts' earnings forecasts and their career trajectories.

Sell-side analysts with accounting experience

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Study examines the influence of accounting experience on sell-side analysts' forecasts and career outcomes, suggesting value in strategic deployment.

This research aims to explore how accounting experience affects the accuracy of sell-side analysts' earnings forecasts and their career trajectories.
Analyzed performance metrics of sell-side analysts with accounting work experience versus those with only accounting education.
Examined accuracy of earnings forecasts and recommendation profitability.
Investigated analyst behavior during earnings calls and labor market outcomes, including tenure and recognition.
Analysts with accounting experience, particularly former auditors, provide more accurate earnings forecasts and profitable recommendations.
These analysts engage more in accounting-focused inquiries during earnings calls.
Firms covered by these analysts show higher earnings quality and conservative reporting practices.
Analysts with accounting experience enjoy longer tenures and a higher likelihood of attaining all-star ratings.

Andrès et al. (2026) studied this question.

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Study examines the influence of accounting experience on sell-side analysts' forecasts and career outcomes, suggesting value in strategic deployment.