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on Accounting and Auditing |
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Issue of 2020‒01‒27
nine papers chosen by |
| By: | Atanasov, Atanas |
| Abstract: | Goodwill has been a central topic in accounting for many years. It has always been the subject of many discussions and thus has given the whole face of business combinations. The debate about its essence, which began in the publications of the authors of the late 19th century, goes through its normative regulation and continues to its full force today. In this book the author has performed a critical review of the theoretical aspects of goodwill and development of its normative regulation. The main differences in the views of different researchers on the goodwill are outlined and the author's definition of the reputation category is presented as a result. There was made also a periodization in the development of the concept of reputation as a reporting entity. The financial statements of Bulgarian public companies participating in the formation of the BGBX 40 index have been examined and on that basis, guidance on how to improve its reporting, presentation and disclosure has been given. As a result of the research, it is concluded that the existing rules set out in the IAS / IFRS, on the one hand, are related to the implementation of overly complex procedures in their practical implementation and, on the other hand, allow for a relatively high level of subjectivity of the management of the enterprises in the evaluation of goodwill. The weaknesses identified with regard to goodwill in the financial statements are grounds for arguing that there is a need to change the subsequent reporting regime of goodwill. Specific suggestions to improve disclosures have been formulated and exemplary disclosure models have been developed under the current reporting regime in the applicable IAS / IFRS. They aim to improve the quality characteristics and increase the information value for the users of the financial statements. |
| Keywords: | Goodwill accounting, valuation, disclosure, theoretical development |
| JEL: | M41 |
| Date: | 2019–11 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97938&r=all |
| By: | Journal, IJEMSS; Ishak, Muhammad |
| Abstract: | Purpose of this research is to know the simultaneous effect of auditor experience, workload and motivation auditor on the quality of the audit results on The Financial and Development Supervisory Board in South of Sulawesi. Population in this research is auditor of The Financial and Development Supervisory Board in South of Sulawesi. The results of this study indicate that: (1) Simultaneous Audit experience, Workload and Motivation Auditor has a significant impact on the quality of the audit results show the value of F 14.482 and significance of the correlation value of 0.000. (2) Audit Experience has significant influence on the quality of audit with a value of 0.002, Workload does not have a significant effect on the quality of audit with a value of 0.122 and Motivation Auditor has a significant influence on the Quality Audit with significant value of 0.011. (3) The most dominant variable influence on the value of Quality Audit Standards largest beta coefficient 0.368 or 36.8%, is Motivation Auditor. |
| Date: | 2018–06–07 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:kyq6v&r=all |
| By: | Георгиева, Даниела |
| Abstract: | Учебникът е предназначен за студенти от магистърска степен, специалност „Предприемачество и иновации“, които изучават дисциплината „Счетоводно отчитане на разходи по иновационни проекти“. Той е изцяло съобразено с учебната програма и план на дисциплината. Подходящ е и за студенти, които изучават „Управление на проекти“, „Управление на иновациите“, „Предприемачество и бизнес“. Съдържанието е полезно и за специалисти, които се занимават с проблемите на финансовото планиране и бюджетиране на научноизследователски проекти. Учебният материал е поднесен по разбираем за студентите начин, като е изцяло съобразен с приложимата към м. юни 2019 г. законодателна рамка в областта. В началото на отделните теми са определени учебните цели, като след всяка тема има въпроси и задачи за самоподготовка, които имат за цел да улеснят студентите при изучаване на представения в темата материал. |
| Keywords: | счетоводство, научноизследователски проекти, научноизследователска и развойна дейност, безвъзмездно финансиране |
| JEL: | M40 M41 O30 |
| Date: | 2019–06 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97680&r=all |
| By: | Abdullah, Azrul Bin (Universiti Teknologi MARA, Perlis Branch, Arau Campus); Ismail, Ku Nor Izah Ku |
| Abstract: | Accounting ratios are believed to be of fundamental importance in financial analysis, and therefore are useful addition to financial reports. This paper examines the reporting of voluntary accounting ratio by Malaysian companies in corporate annual reports. Drawing on agency and signaling theories, this paper explores whether associations exist between company performance and voluntary disclosure of accounting ratios. In particular, associations are tested between the extent of ratio disclosure and company performance (namely profitability, liquidity, leverage, and company efficiency), size and industry. Six hypotheses are tested using data collected from 2003 annual reports of 100 Malaysian listed companies. This paper provides evidence that the extent of voluntary ratio disclosure is low; and size, industry as well as liquidity significantly influence the reporting of ratios in corporate annual reports. The implications of these findings are discussed. |
| Date: | 2018–03–22 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:rms3v&r=all |
| By: | Miroudot, Sébastien; ye, ming |
| Abstract: | In this paper, we propose a new accounting framework for the decomposition of value-added into domestic, foreign and double counting terms in domestic sales. In this framework, we show where the value-added double counting is derived from and give an explicit expression of domestic and foreign double counting terms based on the Inter-Country Input-Output (ICIO) tables’ Ghosh insight. We can distinguish domestic sales from exports and trace the value added and double counting in sales of foreign affiliates and domestic-owned enterprises. Based on this framework, we then calculate the value-added by foreign-owned and domestic-owned firms in exports and in domestic sales by using an Inter-Country Input-Output table split according to ownership. Preliminary results suggest that there is much more double counting in sales of foreign affiliates than in exports and that more value-added is created through exports than through sales of foreign affiliates in world GDP. |
| Keywords: | inter-country input-output, value-added decomposition, global value chains, foreign affiliates |
| JEL: | E01 E16 F23 L14 |
| Date: | 2018–03–14 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97632&r=all |
| By: | Tandon, Suranjali (National Institute of Public Finance and Policy) |
| Abstract: | One of the fundamental principles of taxation is neutrality. In finance this assumes significance since decision to invest must not depend on tax. It is also true that any departure from neutrality must be grounded in sound economic purpose. Neutrality is desirable for well-functioning financial markets. Investment funds1 form an integral part of financial markets.These can operate through different structures and invest in different asset classes. Some of these funds can channel resources to sectors that are considered key for growth and development. Selecting AIF, REIT, InviTs and Securitisation trusts in India the tax system is compared for these and evaluated. It is found that the existing structure is not neutral and paper presents scope for policy change. |
| Date: | 2020–01 |
| URL: | http://d.repec.org/n?u=RePEc:npf:wpaper:20/294&r=all |
| By: | Laurent Bach (ESSEC Business School - Essec Business School, IPP - Institut des politiques publiques - PSE - Paris School of Economics); Antoine Bozio (PSE - Paris-Jourdan Sciences Economiques - ENS Paris - École normale supérieure - Paris - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Panthéon-Sorbonne - ENS Paris - École normale supérieure - Paris - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, IPP - Institut des politiques publiques - PSE - Paris School of Economics, Institute for Fiscal Studies); Brice Fabre (PSE - Paris School of Economics, IPP - Institut des politiques publiques - PSE - Paris School of Economics, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Panthéon-Sorbonne - ENS Paris - École normale supérieure - Paris - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique); Arthur Guillouzouic (PSE - Paris School of Economics, IPP - Institut des politiques publiques - PSE - Paris School of Economics, IEP Paris - Sciences Po Paris - Institut d'études politiques de Paris); Claire Leroy (IPP - Institut des politiques publiques - PSE - Paris School of Economics, PSE - Paris School of Economics); Clément Malgouyres (IPP - Institut des politiques publiques - PSE - Paris School of Economics, PSE - Paris School of Economics) |
| Abstract: | We estimate the tax elasticity of dividends using two recent French re- forms: a hike in the dividend tax rate followed, five years later, by a cut. To follow the cash movements within the balance sheets of households and firms caused by these reforms, we use newly-accessible personal and cor- porate tax registries. Following the tax increase, the elasticity of dividends equals four and there is no shifting towards other personal income cate- gories. We find instead an increase in companies' spending. After the tax decrease, payouts revert to their initial level, but not enough to offset the amounts received during the high-tax period. |
| Keywords: | Firm behavior,Dividend tax,Intertemporal income shifting |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:hal:psewpa:halshs-02415470&r=all |
| By: | rahmadi, putra |
| Abstract: | Smartlearning merupakan jenis perusahaan training center di bidang information Technology (IT) bagi perusahaan swasta atau institusi pemerintah, yang di prioritaskan pada pengembangan dan keahlian karyawann untuk berbagai keperluan yang spesifik dengan materi yang sesuai dengan kebutuhan, waktu dan tempat yang disesuikan dgn keinginan customer. Dengan meningkatnya kuantitas pelaksanaan training tentu saja harus diseimbangkan dengan tingginya kualitas sumber daya manusia yang ada. Untuk melihat semuanya itu maka perlu dilakukanlah suatu kontrol dan audit terhadap sistem tersebut, agar dapat dilihat keefektifan sistem tersebut dan untuk meminimalkan resiko atau pengeluaran serta memaksimalkan keuntungan yang diperoleh oleh perusahaan dengan berbagai metode kontrol. Teknik kontrol dapat diterapkan dan diselaraskan dengan tujuan TI serta tujuan perusahaan diperlukan suatu pengukuran tingkat keselarasan antara tujuan perusahaan dengan tujuan TI. |
| Date: | 2018–07–12 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:gbrh8&r=all |
| By: | Luigi Mittone; Matteo Tomaselli |
| Abstract: | This paper aims at investigating the relationship between public debt and the consumption side of economic growth from an experimental macroeconomics point of view, by analysing whether consumers’ expectations about public debt are linked to tax compliance, consumption, and savings choices, that in turn affect GDP. To this end, we have implemented a laboratory experiment in which the participants earn an income to be allocated between consumption, savings, and voluntary taxation for an unknown number of rounds. Debt’s dynamics arises endogenously within a public good game with threshold: taxation is used to cover a given level of public expenditure, which is equally distributed to the participants at the beginning of each subsequent round. If the collected amount of taxes is lower than required, a deficit is generated, and it feeds public debt. Debt can then be unexpectedly reduced by the government through accessing subjects’ savings. To check for the role of beliefs, participants’ expectations about future debt reduction and perceived debt sustainability are elicited during the experiment. Results show that this experimental framework is characterized by relatively high and often increasing aggregate savings and relatively low and decreasing aggregate consumption. An increase in the debt-reduction expectations and a decrease in the perceived debt sustainability are also found to explain savings and consumption behaviours. These conclusions do not change if tax audits are introduced, but the average savings level lowers, thus increasing subjects’ exposure to the unexpected shocks. |
| Keywords: | experimental macroeconomics, public debt, economic growth, expectations, intertemporal choices, public-good games, fiscal audits |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:trn:utwprg:2019/18&r=all |