1. |
FocusOnAccountingStandards |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 2-2
Linda English,
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ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00374.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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2. |
TheCredibilityOfAustralianFinancialReporting: AreTheCo‐regulationArrangementsWorking? |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 3-16
Malcolm C. Miller,
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摘要:
Credible financial reporting is hard to achieve without an accounting regulatory system. In Australia a system of co‐regulation has evolved, based on collaboration between the federal government and its agencies and the accounting profession. Compared with overseas systems, the Australian approach to regulation has unique as well as derivative features. Is the system working effectively for the delivery of dependable, internationally comparable financial reports that make reporting entities transparent and enhance investor confidenc
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00375.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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3. |
The Setting Of Accounting Standards in Australia: An Evolving Structure |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 17-22
W.J. McGregor,
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摘要:
The evolution of the accounting standard‐setting process in Australia will bring further significant changes as we move to introduce major features of the structures existing in the United States and the United Kingdom. Those features include an independent standard‐setting body, full‐time board members and broad‐based funding of the process. Similar structural changes can be expected in other countries which have well developed standard‐setting activities, and ultimately at the level of the International Accounting Standards Committee. These changes will result from the increasing demands on the standard‐setting process and the increasing accountability required by those affected by the output of
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00376.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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4. |
TheAccountingStandard‐SettingProcessInAustralia: A Preparer'sPerspective |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 23-25
Michael Gillian,
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摘要:
Preparers of financial statements have a vital interest in the development of the accounting standards which set out the requirements for disclosure. This paper discusses some elements of the standard‐setting structure and focuses on the crucial question of international harmonisation of accounting standard
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00377.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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5. |
AddressingIssuesRelatingToGoing‐GongernAuditQualificationsAndCorporateFailure |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 26-34
Wendy Green,
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PDF (673KB)
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摘要:
This study examines the incidence of going‐concern audit qualifications and of corporate failure for Australian publicly listed companies over the period 1980‐90. The analysis includes a review of annual reports for companies that attracted going‐concern qualifications but did not subsequently fail, in order to identify potential indicators of survival. The differences between the indicators noted for failed companies that had their last accounts qualified on the basis of going concern, and those of failed companies not qualified, was also examined. Other issues of interest include a comparison of going‐concern qualifications by Big Eight (Six) and other audit firms, and the extent and location of disclosure of going‐concern problems in the annu
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00378.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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6. |
AuditRiskInTermsOfProbabilities: TheAUP 24 Model |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 35-39
David Johnstone,
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PDF (386KB)
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摘要:
The AUP 24 audit risk model defines audit risk implicitly as the joint probability of three independent events: a material error occurring in an account balance; the error not being corrected by internal controls; and the uncorrected balance being accepted by the auditor. A more apposite risk measure, relating to these same possible events, is the conditional probability of a material error, given that the stated balance has been subject to internal control procedures and accepted by the auditor. Calculation of the conditional risk measure requires consideration of both the type I (alpha) and type II (beta) error probabilities of the auditor's substantive test procedure. Unless both are taken into account, it is not possible to interpret a test result in terms of the probability of the stated account balance being materially correct.
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00379.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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7. |
AASB 1028 AndChoiceOfDiscountRate: GrossOrNetOfTaxationEffects? |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 40-44
K.A. Houghton,
D.M. Knox,
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摘要:
This paper discusses the issues arising from the choice of discount rate to be included in the present‐value calculation required for the measurement of liabilities relating to employee entitlements in company accounts. We look at the implications of AASB 1028, as it concerns the choice of a discount rate before or after an allowance for taxation. AASB 1028 relates to most employee entitlements including long‐service leave, accumulated annual leave and workers' compensation, where the accounting entity self‐in
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00380.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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8. |
VoluntaryFinancialDisclosureByAustralianListedCompanies |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 45-55
Mahmud Hossain,
Mike Adams,
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PDF (769KB)
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摘要:
As Australia becomes an increasingly important equity market, the level of information disclosed by Australian listed companies is likely to be of interest to a growing audience of prospective investors. This study tests the relation between five firm‐specific variables drawn from agency theory and the general level of financial information voluntarily disclosed by companies listed on the Australian Stock Exchange. The five variables are foreign listing status, firm size; leverage, assets‐in‐place and type of audit firm. The empirical evidence suggests that foreign listing status, firm size, and type of audit firm are significantly related to the level of information voluntarily disclosed by listed comp
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00381.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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9. |
PredictingHalf‐YearlyAccountingIncomeNumbersWithStatisticalModels |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 56-63
Z.P. Matolcsy,
G.P. Pazmandy,
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PDF (534KB)
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摘要:
Prediction of half‐yearly accounting income numbers has an important role in investment analysis, credit ratings, budgeting, auditing and other areas of the accounting and finance profession. This study provides the Australian evidence on two issues: the statistical relationship between half‐yearly accounting income numbers such as earnings per share, net profit and sales; and the ability of statistical models to predict these numbers. The study finds that the best way to predict the next period's half‐yearly accounting income numbers is to use the immediately preceding half‐yearly income number, and for inflation‐adjusted sales the corresponding previous half‐yearly figures, or to use a statistical model based on the immediately preceding half‐yearly figure adjusted by a statistically based “smoo
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00382.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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10. |
ReactionToTheMandatoryWrite‐DownProvisionsOfAASB 1010: AccountingForTheRevaluationOfNon‐CurrentAssets |
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Australian Accounting Review,
Volume 5,
Issue 10,
1995,
Page 64-70
Julie Cotter,
Tracy Martin,
Donald Stokes,
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PDF (488KB)
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摘要:
Commentators in the financial press claimed that the amendments to AASB 1010, Accounting for the Revaluation of Non‐Current Assets, issued in September 1991, would have “disastrous” implications for the accounts of companies. This paper is concerned with whether the amendments did indeed affect asset write‐down activities. An analysis of write‐down practices of 75 Australian companies before and after the amendments were operative suggests that the commentators' judgment could have b
ISSN:1035-6908
DOI:10.1111/j.1835-2561.1995.tb00383.x
出版商:Blackwell Publishing Ltd
年代:1995
数据来源: WILEY
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