Events leading to the passing of the Sarbanes-Oxley Act have led to increased concern with and scrutiny of potential management manipulation of financial statements. From an agency theory perspective, managers have incentives to manipulate organizational methods and choices in order to produce...

In this article the results of a Benchmarking study sponsored by the Hong Kong Society for Accountants, Financial Management Committee are reported. The study, in the form of a survey, was sent to 633 listed Hong Kong firms. Sixty-seven firms responded to the survey crossing six different...

In this exploratory research, and driven by intense interest in media focused attention on the apparently wide differential in pay contrast between US top managers in large corporations versus their non-US top managers, we examined the backgrounds of the highest paid Chief Executive Officers...

Students frequently experience difficulty in identifying the appropriate time value of money (TVM) technique to apply to a TVM problem. This paper offers a modification of a recently published TVM technique developed by Jalbert (2002) in order to help students understand and solve TVM problems....

This paper presents a case study concerning benchmarking one particular set of performance attributes of firms. Specifically, the study addresses issues of planning, budgeting, forecasting and automation of the accounting and finance functions of Hong Kong firms. Students are required to compile...

Given the nature of economic globalization and expansion of international trade, many corporations have become multinational corporations. In order to succeed in the multinational environment, firms must develop and implement strategies focusing on their core competencies. However, strategy...