This research aims to study the impact of professional ethics on promoting quality of financial reporting. The statistical population in this study includes 440 listed companies in Tehran Stock Exchange (TSE) in 2010. Using Krejcie and Morgan's table for determining sample size, 205 companies...

The paper first cites Ronald Coase, who was awarded in 1991 the Nobel Prize in Economics, on his explanation why he studied accounting and not economics while a student at the London School of Economics from 1929-1931. It then explores the relationship between the diagrams of microeconomics and...

The paper describes the process that took Australian Local Councils to a business-like accounting and highlights the role played in it by the accounting profession. Taken over by the Government in the standard setting process for the private sector, the Australian accounting profession set up...

The Patient Protection and Affordable Care Act of 2010 (PPACA) attempts to provoke change in the status quo in American health care delivery and payment. PPACA created two programs, the Medicare Shared Savings Program (MSSP) and the Pioneer ACO model, which work to bring the concept of...

The globalization of financial markets has required the use of common reporting standards, notably the IFRSs. These are impacting the accounting systems of many countries. However, accounting systems are also often used for national tax reporting. This creates a divergence in the reporting needs...

Since the last overhaul and amendment in 1984, Hong Kong's Companies Ordinance has not been substantially reviewed for over 23 years. After similar reviews having been taken in other countries, the Government launched a comprehensive review and rewrite of the Companies Ordinance in mid-2006...

Continuing failures in the accounting profession have demonstrated a paucity of ethics at all levels. This has renewed discussions among accounting educators regarding their role in preparing accounting students to face ethical dilemmas in the accounting profession. This study first measured...

Krispy Kreme Doughnuts, Inc. used a 2000 initial public offering (IPO) to embark on an active expansion and franchise reacquisition program. This case focuses on this high-visibility franchise reacquisition program and several associated and highly controversial accounting issues, and provides...

Management accounting deals with the subject family enterprises rather little in spite of its high economical relevance. This paper questions, weather general objectives of family enterprises differ from those of non-family enterprises. Based on the hypothesis that family enterprises aim at...

In recent years new reporting standards and laws have been issued. For German companies, the KonTraG (Corporate Sector Supervision and Transparency Act) was introduced in 1998 and the German Accounting Standard (GAS 5 Risk Reporting) is in place since 2001. This study analyses the disclosure of...