ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00089.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

The major purpose of a corporate annual report is to convey information about the company's affairs to outside parties. The information can be used both to monitor agency relationships (Jensen and Meckling [25]; Watts [32]) and to provide inputs into user decision models (e.g. Altman [3]). Until recently, however, very little research had been conducted into annual reports in the U.K. and hence little was known about their effectiveness. This has been remedied, to some extent, in the last few years and there is now a growing body of literature relating to annual reports. For example, the major professional British accounting bodies commissioned a study to examine‘the scope and aims of published financial reports in the light of modern needs and conditions’. This resulted in the publication ofThe Corporate Report(ASSC [1]), a document which recommended a number of radical changes. Other studies have investigated the degree of understanding of annual reports by private shareholders (Lee and Tweedie [26]), the degree of consensus about the usefulness of annual report data (Firth [21]), the actual degree of disclosure by British companies (Firth [22, 23]), and the impact of accounting information on share prices (see Firth [20]).1The purpose of this paper is to add to the literature by reporting the results of an empirical study which examined one aspect of the corporate reporting policies of British firms, namely the changes in the quality and extent of voluntary financial disclosure when raising finance in the stock mar

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00090.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

Definition of the elements of financial accounting has been a much discussed topic since the Financial Accounting Standards Board (FASB) began work on their Conceptual Framework Project. Defining assets, liabilities, revenues, expenses and other elements has been attempted by many knowledgeable accountants but, to date, no single, generally accepted set of definitions exists. This paper will focus upon the definition of assets and will, through an examination of FASB Statements, attempt to derive an implicit definition of assets from the pronouncements of the FASB.

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00091.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00092.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00093.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00094.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1980.tb00095.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY