Download or read book Accountants Guidebook written by Steven M. Bragg and published by . This book was released on 2017-03-26 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: The accountant is responsible for many activities, which may require years of training and experience to fully comprehend. The Accountants' Guidebook provides a practical knowledge of how to complete many accounting tasks, while also imparting an understanding of the more critical accounting standards. The book is intended to accelerate the learning curve of the professional accountant. Topics covered include accounting procedures, GAAP for common transactions, closing the books, producing financial statements and other reports, collection tactics, payroll management, budgeting, and much more.

Download or read book Corporate Governance in Transition Economies written by Robert W. McGee and published by Springer Science & Business Media. This book was released on 2008-11-16 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Corporate Governance in Transition Economies" will appeal to a wide segment of the academic market including accounting and finance professors and students because the main theme of the book deals with accounting and financial system reform. Economists in the subfields of transition economics and development economics for it addresses current issues in their field. It will also appeal to scholars in the field of Russian and East European Studies because the book discusses topics involving Russia, Ukraine and other East European countries. Policy analysts who deal with accounting, finance, transition economics or Russia or Eastern Europe will also find this book to be a valuable reference and source of current information.

Download or read book Financial Reporting Timeliness in the Local Governments of Edo State written by WOLI CHARITY T. and published by GRIN Verlag. This book was released on 2019-02-15 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2016 in the subject Economics - Finance, grade: Bsc, University of Benin, course: accounting, language: English, abstract: This research work investigates the timeliness of financial reporting in Edo State local governments. The study specifically examines the influence of the size of the local government, technology, complexity and auditor competence in relation to the timeliness of financial reporting in the local government. A total of twenty-four structured questions and eighty questionnaires are used to evaluate respondent’s perceptions. The process of getting financial information from any local government takes time because the users have to wait until the financial accounts are published in the official government gazettes. As a result, there is a possibility of lack of interest in the financial accounts of local government as any potential issues fade with the passage of time if the reporting is overly late or inexplicable, so it will lose its relevance. Some critical issues identified which are responsible for delay in reporting in local government include the current environment of across-the-board budget cuts, over bloated size of the local government, lack of technology advancement, increased number of unqualified staff resources and new accounting standards, poor internal control system, inadequate system to record account for and monitor spending in terms of legislated processes. The findings reveal that the size and the complexity of the local government have significant impact on the timeliness of financial reporting, while auditor competence has no impact on timeliness. It recommends that the local government council in Edo State should ensure that their financial statements are published at the right time of their financial year so that users of the financial statements can have access to their reports. It is concluded that the timely release of a financial report is an essential ingredient for maintaining confidence in the minds of the stakeholders, as the lengths of time in which financial statements are reported to have an impact on the progress of the local council.

Download or read book Timeliness of Financial Statements written by Nur Amalina binti Abdullah and published by . This book was released on 2016 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The timeliness of corporate annual financial reports is a crucial factor which affects the usefulness of information that is made available to external users, especially investors. The purpose of this study is to study corporate governance and performance in Malaysian public listed companies as key contributors to the timeliness of financial statements as few past studies have also included performance as an explanatory variable for timeliness. In Malaysia, the public depends on the financial statements submitted to Bursa Malaysia previously known as Kuala Lumpur Stock Exchange (KLSE) in order to make sound business decision so directors should provide shareholders with timely information. This study takes the industrial product sector and the annual reports of companies operating therein and a list of submission date of annual report to Bursa Malaysia by Malaysian public listed companies for data analysis. Regression analyses were performed to examine the relationship between corporate governance and company's performance using ROA and ROE which will eventually affect the timeliness submission of the annual report to KLSE. In this study, it is proven that out of the variables discussed, CEO duality and independent audit committee have a significant relationship with timeliness of financial reporting. Practitioners may use this finding to develop mechanisms that can ensure companies will abide with timeliness guidelines regardless of CEO duality and independent audit committee issues faced by companies. Most companies in Malaysia only submit within the statutory requirement required by the Bursa Malaysia to avoid being delisted and to maintain its public image. Out of the chosen data, 8.8% of the sample companies in Malaysia submit early within the statutory requirement while the remaining 91.2% submit timely within the statutory requirement.

Download or read book The Book of Humorous Poetry with Illus by Charles A Doyle written by and published by . This book was released on 1886 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Decision Usefulness Theory of Accounting written by George J. Staubus and published by Routledge. This book was released on 2013-02-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book ties together selected contributions by George Staubus to the early development of the decision-usefulness theory of financial accounting--the theory that has become generally accepted accounting theory in the last half of the twentieth century and is the basis for the FASB's conceptual framework.

Download or read book Do Technology Advances Improve the Timeliness of Financial Reporting written by David F. Bean and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological advances have transformed the professional lives of all accountants. Consequential expectations would include improvements in the timing of the audit report and the reporting of financial information. There is a presumption in the empirical literature that audit-report lag is a primary cause of financial reporting delay. This empirical study finds little or no change in the audit-report lag and timeliness of reporting during the period 1996 to 2001. Audit-report lag appears to play a questionable role, if any, in financial reporting delays and other factors such as inertia and interest may be the major impediments to timely reporting. Finally, given the financial atmosphere in the post Enron-Arthur Andersen era, our research finds no difference among auditing firms for the variables examined. While this could be interpreted in a positive manner, it could also indicate that all Big-5 firms potentially have similar problems.

Download or read book Timing and Frequency of Financial Reporting written by Garry D. Carnegie and published by . This book was released on 1990 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Accounting Reform in Transition and Developing Economies written by Robert W. McGee and published by Springer Science & Business Media. This book was released on 2008-11-16 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: The editor has assembled a stellar group of experts to address such topics as: accounting reform in Russia, Ukraine, Estonia, Armenia, Serbia, China, and Spain; accounting education and development of the accounting profession in several transition economies; and corporate governance issues in the developing world.

Download or read book Accounting in Asia written by S. Susela Devi and published by Emerald Group Publishing. This book was released on 2011-12-15 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Papers cover subjects such as Executive compensation and corporate governance with special reference to Bangladesh; leading companies in India; Fraudulent Financial Reporting. Non-financial performance measures and performance relationship in the Bangladeshi manufacturing firms.

Download or read book The Timeliness of Financial Reporting written by Robert W. McGee and published by . This book was released on 2013 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The timeliness of financial reporting has been an important topic in the accounting literature for decades. There is a tradeoff between the timeliness of reporting and the value of the information being reported. Prior to the advent of the internet, reporting had to be done using print media. However, now that many companies post their annual and quarterly reports on the internet, it is possible to report in a more timely fashion than has previously been possible. The problem is that companies in some countries do not make full use of this disclosure tool. They sometimes take many months to make the information available to the general public. The present empirical legal study examines the timeliness of financial reporting in the Russian banking sector and compares it to the SEC benchmark.

Download or read book Timeliness of Financial Reporting in Nigeria written by Uchenna Efobi and published by . This book was released on 2015 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explored the factors that can influence the timeliness of financial reporting in Nigeria using a sample of 33 financial institutions (2005-2008). The Generalized Least Square (GLS) regression method was used for the estimation and the results reveal that on the average, the sampled companies used 122 days after the year end for the release of their financial reports. The size, leverage and performance of the companies have a negative significant relationship with the timeliness of their financial reports while the age of the company has a positive significant impact. Corporate governance plays a complementary role with some of the explanatory variables to explain financial reporting timeliness in Nigeria.

Download or read book Financial Reporting Timeliness and Industry Specialist Auditor written by Hamidah binti Mohamed and published by . This book was released on 2015 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims to examine the association between the presence of industry specialist auditors and financial reporting timeliness under full convergence with Malaysian Financial Reporting Standards (MFRS). It is argued that the incorporation of International Financial Reporting Standards (IFRS) into MFRS will lengthen the audit report lag (ARL). However, the presence of industry specialist auditors, who are believed to be experts in a particular industry, is able to reduce the ARL and consequently enhance financial reporting timeliness. Hence, this study, investigates the relationship between the presence of industry specialist auditors and financial reporting timeliness under full convergence with MFRS. In this study, ARL which refers to the lag between financial year end to audit report date, is used as a proxy for financial reporting timeliness. This study extracts the data from the 2012 annual reports of Malaysian public listed companies. First, population of 796 companies is selected to determine the industry specialist auditor based on audit market share in each of 13 sectors. Then, out of 796 companies, only 342 are found to fully comply with MFRS in the first year of implementation based on a consideration of the transitioning entities that were given an extension to comply with MFRS beginning on or after 2014. The findings suggest that ARL has a significant negative relationship with the presence of an industry specialist auditor. This suggests that ARL will become shorter when a company utilizes industry specialist auditors to undertake auditing work under full MFRS convergence and that, this should improve financial reporting timeliness. This study contributes to the literature in two ways: First, it focuses on the first year of full MFRS implementation. Second, it focuses on the effects on companies in an emerging economy, Malaysia, of progressively improving accounting standards to fully comply with MFRS after a transition period of 2014.

Download or read book Statistical Theory and Methodology in Science and Engineering written by Kenneth Alexander Brownlee and published by . This book was released on 1960 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Earnings Management Timeliness and Corporate Information Systems written by Eli Bartov and published by . This book was released on 2017 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does information system (IS) quality limit earnings management and contribute to financial reporting timeliness? While prior work has studied causes and constraints of earnings management and timeliness, the role of IS quality has not been considered. However, IS quality may facilitate and thus expedite financial statement preparation, and limit earnings management by, among other things, enabling the use of sophisticated software to more effectively prevent earnings manipulations and detect fraud indicators. Still, IS quality may also improve managers' ability to manage and time the financial statement information due, for example, to increased information asymmetry between managers and external financial statement users. Using a broad sample that spans the 14-year period, 2001-2014, our primary findings demonstrate that IS quality is associated with reduced earnings management activities and improved financial reporting timeliness. These findings hold even after controlling for a multitude of variables demonstrated by prior research to explain earnings management and timeliness, and are robust to alternative definitions of the dependent and independent variables and estimation methods. Our findings may help financial statement users -- outsiders (investors, financial analysts, and external auditors) and insiders (audit committees) -- in assessing a firm's earnings quality, and regulators in their effort to improve financial reporting quality and timeliness.

Download or read book Corporate Governance and the Timeliness of Financial Reporting written by Robert W. McGee and published by . This book was released on 2008 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timeliness of financial reporting is one of the attributes of good corporate governance identified by the OECD and World Bank. Shareholders and other stakeholders need information while it is still fresh and the more time that passes between year-end and disclosure, the more stale the information becomes and the less value it has. This paper examines the timeliness of financial reporting in the People's Republic of China. The timeliness of financial reporting was measured by counting the number of days that elapsed between year-end and the date of the independent auditor's report for a number of Chinese companies. Those results were then compared to data of non-Chinese companies in developed market economies to determine whether there was a significant difference. This study also examines which independent audit firms issued the audit opinion and which sets of accounting standards were used (IFRS, US GAAP or Chinese accounting standards) to determine which audit firms and accounting standards dominate.

Download or read book Government Auditing Standards 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.