摘要:

Abstract:This paper provides Australian evidence on the validity of the lintner (1956) dividend model. This model suggests corporate dividends are a function of current and past earnings. Regression tests are carried out. In these tests the basic Lintner model performs better than some other dividend models examined. In addition, the ability of the model to predict dividend changes is examined and compared to forecasts of various naive models. The forecasting test results generally indicate that a simple no‐change model predicts as well as more complex regression model

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00127.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Abstract:In this article four government accounting models — Westminster, Washington, Ottawa and Canberra — of special interest to government accountants in Australia and New Zealand are examined. A description is given of the alternative government accounting systems of the countries where the models originated. The main assumptions underlying the models are identified and an assessment is made of the way in which each operates in pract

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00128.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Abstract:A major obstacle to the effective utilization of regression analysis in accounting practice and research is the presence of multi‐collinearity. This paper analyzes the impact of multicollinearity on ordinary least squares (OLS) estimation, and describes a recently developed estimation procedure, ridge regression analysis (RRA), that offers the possibility of improved coefficient estimation. An auditing example is provided comparing the results of OLS to those of RR

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00129.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Abstract:The paper presents the results of a survey conducted to provide a background paper for the Victorian Government Interdepartmental Working Party on the Administration of Charities. The paper is the first attempt to provide an overview of the size and structure of the charity sector in Victoria. Extrapolated for Australia, the survey shows that charities in 1978 commanded receipts representing approximately 3.56 per cent of Australia's Gross Domestic Product. Difficulties in obtaining data for the study raise questions regarding whether the government presently adequately discharges its responsibilities with regard to controlling the reporting of charities and assessing their performance.

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00130.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Abstract:The purpose of this paper is to identify the main issues of accounting for contributed services in not‐for‐profit organisations. The AICPA position on accounting for contributed services is reviewed. The findings of a survey of not‐for‐profit organisation's use of and accounting for the contributed services of voluntary workers are r

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00131.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Abstract:Comparisons of the results of using alternative efficiency criteria for portfolio selection, while plentiful overseas, are seemingly scarce in Australia. Here, mean‐variance efficient sets are compared with and found to be not too different from sets efficient according to second and third degree stochastic dominance. In examining the effect of increasing the number of securities allowed in each portfolio, it is found that the size of efficient sets of portfolios diminishes, as does the mean return and, most significantly, the variance of return for efficient portfolio

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00132.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Abstract:In their paper, “Determining Cost of Sales in the CCA System”, in the November, 1981 issue ofAccounting and Finance, Messrs. Das and Fraser claimed to “have demonstrated that the recommended capital maintenance adjustment of the Australian Provisional Standard, as it relates to cost of sales, is inappropriate”. They went on to propose a “correct method”, “to redefine the capital maintenance concept employed”, and to point out that their new definition “seems to have both conceptual and practical difficulties”.The purpose of this brief paper is to demonstrate that Messrs. Das and Fraser overlooked one most important aspect of the Australian CCA model, and that the simple examples they employed in their paperperfectlymaintained operating capacity “at the level which existed at the beginning of the period”. There was no need for them to devise any

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00133.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

摘要:

Book reviewed in this article:Ron Weber,EDP Auditing — Conceptual Foundations and PracticeMitchell, G. B. and Granof, M. H.,Principles of AccountingWilliam H. Beaver,Financial Reporting: An Accounting RevolutionR. Brealey and S. Myers,Principles of Corporate FinanceRobert Libby,Accounting and Human Information Processing: Theory and ApplicationsV. M. Levy,Public Financial AdministrationMannix, E. F. and Mannix, J. E.,Leading Cases on Australian Income TaxE. H. Castro,Understanding Income Tax Law the Flow‐Chart WayJohn B. Shanahan,Leasing in Australia … the Accounting and Taxation ImplicationsR. R. Sterling,A Critique of Physical CapitalV. L. Gole,Fundamentals of Financial ManagementG. R. Masel,Professional Negligence of Lawyers, Accountants, Bankers and B

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00134.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00135.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1982.tb00136.x

出版商:Blackwell Publishing Ltd    

年代:1982

数据来源: WILEY