Download or read book The usefulness of annual reports to Australian investors written by R. H. Anderson and published by . This book was released on 1979 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Usefulness of Corporate Annual Reports to Shareholders in Australia New Zealand and the United States written by Ray H. Anderson and published by Emerald Group Publishing. This book was released on 1996 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers such topics as prior evidence on corporate annual reports, research methodology and the demographics of the corporate shareholder, investors' investment objectives and their information sources, and the readership and usefulness of corporate financial statements.

Download or read book The Usefulness of Annual Reports to Australian Private Investors written by Michael Ntalianis and published by . This book was released on 1993 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Australian Taxation Office s Management and Use of Annual Investment Income Reports written by Australian National Audit Office and published by . This book was released on 2004 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banks and financial institutions are required to provide detailed information about common financial transcations. The Annual Investment Income Report (AIIR) was introduced in 1988 as part of the Tax File Number legislation and was designed to improve the efficiency of the ATO's income matching system. This audit assess how well the ATO manages and uses AIIR data in taxation administration.

Download or read book The End of Accounting and the Path Forward for Investors and Managers written by Baruch Lev and published by John Wiley & Sons. This book was released on 2016-06-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.

Download or read book Analysing Company Accounts written by Martin Roth and published by Wiley. This book was released on 2011-09-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Company annual reports and prospectuses contain a wealth of vital data regarding the health of a company, yet few investors use these resources to their full potential. Analysing Company Accounts 4th Edition will help you to understand the information presented and to know which figures are useful and which can be misleading. Roth's suggestions for monitoring your portfolio are based on ratio analysis. Side‑stepping the purple prose of company directors, investors can -- with the help of a calculator -- compare, contrast and ascertain the actual stability and growth potential of any publicly listed stock. Importantly, real examples from company reports of 15 of Australia's Top 500 companies are used to highlight and clarify the book's lessons. First published in 1995, this title was soon Number 1 on the Stock Exchange Book Centre's 30 Top Sellers list. Continuing popularity with investors has seen Analysing Company Accounts updated through 2nd and 3rd editions, and this new 4th edition has been rewritten to reflect today's changing market conditions. Comprehensive, wide‑ranging and practical in their coverage of the sharemarket, Martin Roth's suggestions will prove a valuable educational tool for both established investors and newcomers alike.

Download or read book An Empirical Investigation of Annual Report Usage by United States and Australian Individual Investors written by Marc J. Epstein and published by . This book was released on 1994 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stock Market Strategies that Work in Australia written by Matthew Brooks and published by . This book was released on 2010 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investors select shares in a number of ways. Some buy for ?income? and choose shares that pay good dividends; others try to buy ?cheap? and purchase stocks with low P/E ratios; some only buy Top 200 stocks while others go for the small caps. Wouldn't it be great to test these strategies and find out which really work and really work in Australia?Inspired by James O'Shaughnessy's ground-breaking research, written up in his best-selling book, What Works on Wall Street, local authors Matthew Brooks and Paul Nojin decided to test the performance of investing strategies in Australia to find the ultimate share investing strategy. Using all the data available on Australian stocks they conducted their own extensive quantitative analysis over the period of 1995 to 2009.In Stock Market Strategies That Work in Australia the authors have done all the hard work for investors. They communicate the results of their research in easy- to-understand language and round off each chapter with a ?What to Remember? wrap up. ?What to Remember? about the whole book can be encapsulated below:This simple quantitative strategy beat the All Ords by 11.03% per year-You don't need to be a stock market expert or spend countless hours analysing financial statements to dramatically improve your chances of beating the market over the long term-What works in the US does NOT always work in Australia-These results possible from quantitative investing, are truly remarkable.Authors Matthew Brooks and Paul Nojin are pioneers of quantitative investing in Australia. Matthew Brooks has a Masters in Economics with Honours from Sydney University and has worked as an investment strategist and economist with leading institutions. Paul Nojin studied economics at university before starting his career with Bankers Trust. Together they produce The Super Investor Report www.TheSuperInvestor.com.au which has helped thousands of Australian investors achieve a better result in the share market.

Download or read book Shareholder Use and Understanding of Financial Information written by T. A. Lee and published by Routledge. This book was released on 2020-09-04 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1977 and reissued in 1990, examines one of the most familiar aspects of accountancy – that of company financial reporting. Assessing the view that shareholders have little time for financial reports, this book presents the findings from a research project analysing whether or not shareholders understand financial reports; what they do and don’t understand; their use of financial reports; the type of shareholders who have the most, and least, understanding and who make most, and least, use of financial reports.

Download or read book A Wonderful Company at a Fair Price written by Brian McNiven and published by . This book was released on 2002-01-01 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of everything written by Warren Buffett, the words that will always remain foremost in Brian McNiven's mind are: "It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price". This thought-provoking discussion of stock selection identifies desirable attributes to look for in determining wonderful companies and how to calculate a fair price.A Wonderful Company at a Fair Price shows investors how to cut through the rosy prose of annual reports and the misconceptions and nonsense that are all-too common in the investment world. The underlying theme of the book is the enhancement of shareholder wealth, protection of shareholder interests and management's obligation to keep their shareholder-employers better informed.McNiven is highly critical of management that fails to think like proprietors, and in promoting their own interests and following their peers with lemming-like precision, lose sight of the owners?objectives. He says: ?eople have a tendency to treat stocks as a speculative means of making a quick dollar rather than a long-term share in a business that has a value".There are lessons in these pages for astute sharemarket investors and financial regulators. As Wayne Peters, CEO of Peters MacGregor Funds Management Ltd, says in his Foreword:"With the business world littered with the corpses of companies whose capital allocation decisions were less than propitious, management boards would do well to study his guidelines".

Download or read book Readability of Financial Reports and IFRS Adoption in Australia written by Esther Wai Yin Cheung and published by . This book was released on 2014 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines the impact of the adoption of International Financial Reporting Standards (IFRS) on the readability of financial disclosures, firm performance and analysts' forecasts in Australia. The thesis comprises three papers. The first paper (Chapter 2) provides an historical review of quality in relation to financial reporting in Australia by investigating how the qualitative characteristics of relevance, reliability, comparability and understandability developed in Australia between 1961 and 2004. The notion of the 'quality of financial reporting' has been debated extensively by accounting standard setters and regulators both nationally and internationally. However, there is no unanimous agreement as to the meaning of the word 'quality' or the qualitative characteristics that contribute to notions of 'quality of financial reporting'. The objective of this paper is to investigate the meaning of quality in relation to financial reporting in different time periods over the past 40 years; how different characteristics were identified and developed; and how particular characteristics emerged, dominated and were then superseded or disappeared due to corporate collapses, changing economic conditions and globalisation. The second paper (Chapter 3) examines the association between readability, firm performance and IFRS in Australia by assessing the impact of the adoption of IFRS on the readability of Notes to the financial statements in the Australian context, and the interaction effect between IFRS and firm performance on readability. This paper uses the complexity of financial reports (Gunning Fog Index) and the number of words (Length) as proxies to measure the readability of financial reports. Results show that financial reports are significantly lengthier, yet are more readable in the post-IFRS period. Further, additional analyses identify that the length of disclosures in Summary of Significant Accounting Policies, Financial Instruments and Intangible Assets are significantly longer after the adoption of IFRS. However, there is no evidence to support any management obfuscation hypothesis in Australia as evidenced in prior United States (US) studies. Results do not demonstrate any differences in the readability of financial reports for poorly performing as opposed to better-performing firms in either pre- or post-IFRS periods, suggesting that managers continue to report both positive and negative information to investors. The third paper (Chapter 4) examines the association between the readability of financial disclosures, analysts' forecasts and IFRS adoption in Australia by assessing whether the readability of Notes to the financial statements mediates the relationship between IFRS adoption and analysts' forecast accuracy. Results indicate that the readability of firms' disclosures mediates the relationship between IFRS adoption and the accuracy of analysts' forecasts. That is, the paper partially explains that more readable financial disclosures after the implementation of IFRS lead to greater accuracy of analysts' forecasts. As a whole, this thesis first explores the concept of the quality of financial reporting, where notions of quality can be traced under different names and elements. The thesis identifies that quality is captured by the four qualitative characteristics, relevance, reliability, comparability and understandability, where each qualitative characteristics represents an aspect of quality. The thesis then selects one of these aspects, understandability, and further narrows down to readability, in order to investigate the impact of IFRS on the readability of financial disclosures from: (1) the preparers' perspective because management prepares financial disclosures in the form of Notes to the financial statements and they may implicitly make assumptions about the appropriate level of readability of financial disclosures; and (2) the users' perspective because users read and attempt to understand the content of financial disclosures. In order to examine the preparers' perspective, this thesis explores the relation between the readability of financial disclosures before and after IFRS adoption, and firm performance. To examine the users' perspective, this thesis investigates the relation between readability, IFRS adoption and analysts' forecasts.

Download or read book Advances in International Accounting written by J. Timothy Sale and published by Elsevier. This book was released on 2007-08-13 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in International Accounting is a refereed, academic research annual, that is devoted to publishing articles about advancements in the development of accounting and its related disciplines from an international perspective. This serial examines how these developments affect the financial reporting and disclosure practices, taxation, management accounting practices, and auditing of multinational corporations, as well as their effect on the education of professional accountants worldwide. Advances in International Accounting welcomes traditional and alternative approaches, including theoretical research, empirical research, applied research, and cross-cultural studies. Advances in International Accounting is now available online at ScienceDirect - full-text online of volumes 14 onwards.

Download or read book Making Transnationals Accountable written by David Bailey and published by Routledge. This book was released on 2002-11-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: With transnationals now of immense significance to many economies and thus seeming to have immense leverage over host governments, this book looks at what can be done to influence the behaviour of these corporations. With a case study of Glaxo.

Download or read book The Effectiveness of the Annual Report as a Communication Vehicle written by David F. Hawkins and published by . This book was released on 1986 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Global Shareholder Stewardship written by Dionysia Katelouzou and published by . This book was released on 2022-05-04 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first in-depth comparative and empirical analysis of shareholder stewardship, revealing the previously unknown complexities of this global movement. It highlights the role of institutional investors and other shareholders, examining how they use their formal and informal power to influence companies. The book includes an in-depth chapter on every jurisdiction which has adopted a stewardship code and an analysis of stewardship in the world's two largest economies which have yet to adopt a code. Several comparative chapters draw on the rich body of jurisdiction-specific analyses, to analyze stewardship comparatively from multiple interdisciplinary perspectives. Ultimately, this book provides a cutting-edge and comprehensive understanding of shareholder stewardship which challenges existing theories and informs many of the most important debates in comparative corporate law and governance.

Download or read book Readings in True and Fair written by Robert Henry Parker and published by Taylor & Francis. This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.

Download or read book Online Investing on the Australian Sharemarket written by Roger Kinsky and published by John Wiley & Sons. This book was released on 2021-02-22 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complete guide to trading and researching the Australian sharemarket online, fully revised and updated It has never been easier to use the internet to trade and invest in the Australian sharemarket. Thanks to the wide availability of online brokers and financial websites, online market data, low cost broadband and trading sites and user-friendly digital platforms, a growing number of Australians are taking more direct control of their investments and wealth management. Online Investing on the Australian Sharemarket is a comprehensive guide to researching and trading shares and other securities online in Australia. This popular book offers step-by-step guidance on choosing an online broker, accessing and making best use of online share investing resources, planning trades, identifying profit-making opportunities, timing of and placing online orders, managing investment risks, and much more. Bestselling author and successful trader Roger Kinsky provides a step-by-step process for harnessing the power of the internet to make informed and profitable trading and investment decisions. Now in its fifth edition, this time-proven resource features extensively revised content and up to date information throughout. Featuring real-world advice and practical tips drawn from the author’s decades of online share investing experience, this valuable guide will: explain the basic concepts, terminology, and advantages of online investing and share trading explore how to avoid the potential pitfalls and common mistakes that might otherwise occur examine the different types of financial websites, data, information, tools, and other resources available online provide guidance on fundamental and technical analysis, online charting and indices, and strategic risk management Offering authoritative information and proven trading strategies, Online Investing on the Australian Sharemarket, Fifth Edition is essential reading both for those new to the market and more experienced investors alike.