ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00009.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

Corporate governance has been proposed as a general prescription to remedy the excesses of the 1980s. The Australian Stock Exchange has embraced this view and has imposed a new listing rule, applying from 30 June 1996. This study examines the current level of corporate governance disclosure in light of advance warning of this listing rule in September 1994 and international best practice. Factors which influence levels of voluntary corporate governance disclosure, such as size, auditor and overseas listing, are also examined.

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00010.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

In 1995, the New South Wales Court of Appeal handed down a significant judgment on directors' duties in Daniels v Anderson1(the AWA case), following the landmark decision of Rogers CJ (Comm. D.)2. In the same year, the Australian Stock Exchange introduced a listing rule under which listed Australian companies will for the first time be required to disclose their corporate governance practices. This article places the important decision in AWA and the ASX's corporate governance rule in the context of recent research in the United States on whether there is a link between corporate governance and corporate performance.

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00011.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00012.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

The financial reporting and auditing phenomenon known as the “expectation gap” has been the subject of extensive inquiries and research. In Australia, the professional accounting bodies undertook an analysis of this work and in 1994 produced a comprehensive report including recommendations for “bridging the expectation gap”. Following public discussion of this study, the professional bodies commissioned a taskforce to make a further report on the recommendations. That report, completed early in 1996, appears to have failed to meet its ob

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00013.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

This study develops a composite model and a two‐dimensional classification illustrating the seeds of organisational decline. In the first dimension, the origins of decline are shown as being internal or external to the organisation. The second dimension links the nature of the decline problem to people, technology, or fiscal policy factors. A Delphi study lent preliminary support to the conceptual model and suggested certain amendments. The revised model was then tested using a sample of 44 public accountants. The results suggest that accountants use information about an organisation's people, technology, and fiscal policies when assessing its likelihood of declining, and that human resources is the most powerful of the three factor

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00014.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

Australian public companies have been required to report a statement of cashflows since 30 June 1992. Since then, little has been written on the usefulness of the cashflow statement. This paper suggests some cashflow ratios and explores the usefulness of the statement through a financial analysis of Brash Holdings Ltd. The paper particularly emphasises cashflow ratios derived wholly from the statement of cashflows and suggests that ratios derived in this way are a useful analysis tool. The application to Brash Holdings also serves as a useful pedagogic instrument for financial analysis using cashflow and accrual information.

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00015.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

Activity‐based costing systems have been one of the most important innovations in accounting practice in recent years, yet we know little about the practical difficulties associated with the design and implementation of such systems. This study examines the objections put forward in the management accounting literature, which suggest that costs outweigh benefits in ABC implementations. The arguments are developed in the context of an Australian feasibility study. Encouraging lessons from the study suggest that a systematic approach to the implementation of ABC will yield significant benefit

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00016.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

Effective communication of information using graphs depends on the graphs being constructed so that they faithfully represent the underlying data. If certain principles of graphic construction are violated, graphs will be distorted and may mislead users of financial statements. The paper develops and tests hypotheses concerning the relationship between the use and construction of graphs in the annual reports of companies and the performance of those companies.

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00017.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

The Engagement Letter documents the scope of the audit and the responsibilities of both auditor and client, and thus is both contractual and informative in nature. A survey of 600 auditors and 300 listed public company managers investigated the use and effectiveness of a broad range of Engagement Letter items. Findings show that public company managers regard Engagement Letter items as significantly less important than do auditors. Differences between auditors and their clients in their assessment of the importance of these items might suggest misunderstanding. Consistent with the expectation gap literature, it is likely that auditors can improve their communication, perhaps through expanding on and clarifying the importance of particular items to clients.

ISSN:1035-6908    

DOI:10.1111/j.1835-2561.1996.tb00018.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY