... This study demonstrates the informational role of financial reporting in addressing the stewardship emphasis, as part of the decision usefulness objective of financial reporting in the Conceptual Framework for Financial Reporting. Chee Kwong Lau can be contacted at: laucheekwong@gmail.com 18 05...

... companies in the two important Asian countries (Indonesia and Malaysia) over the GFC time period. There is lack of risk disclosure studies in manufacturing companies, especially in these two sample countries. © Emerald Group Publishing Limited 2013 Financial reporting Risk management Risk...

... out the first formal accounting framework for Malaysia. It established two bodies, the MASB and the Financial Reporting Foundation (FRF) [4] . Under the FRA 1997, accounting standards issued by MASB have legal standing for both public and non‐listed companies. The MASB, together with the FRF make...

...Leopold Bayerlein; Omar Al Farooque Purpose The purpose of this paper is to evaluate the changes of accounting policy choices and the harmonisation of accounting practices for two important financial reporting items within and between three IFRS adopting countries. Furthermore, it aims to address...

... how market reacts to such reporting practices. Originality/value In addition to examining the value relevance of CFS, the paper also examines the impact of incomplete regulations of financial reporting on asset pricing. Value relevance of financial statements is the subject matter of research...

...’ behaviour. Practical implications The results provide a useful input to the proponents of harmonisation in financial reporting, in that Malaysian financial reports do not appear to be influenced by the ethnicity of participating groups. Originality/value This is the first paper to measure...

... of internet in financial reporting is becoming significant in the market. To further improve this phenomenon, there is a need to understand the determinants of internet reporting especially in the developing ration like Malaysia. This paper aims to fill this gap by examining the determinants of financial...

...Dennis W. Taylor Purpose The objective of this study is to compare the costs to financial statement prepares of making the transition to International Financial Reporting Standards (IFRSs) relative to the benefits to financial statement users from receiving “higher quality” IFRS‐based information...

... conservatism is an important attribute of financial reporting quality because it improves the efficiency of contracting, reduces information asymmetry and improves corporate governance. Findings The empirical results indicate that Hong Kong is the most conservative economy, followed by Taiwan and China...

...Allan Molland; Robert Clift Purpose The purpose of this study was to investigate how senior accounting staff in Victorian local authorities are recording and reporting infrastructure assets (IAs) with their relevant depreciation in General Purpose Financial Reports (GPFRs) and the decisions made...

...Anne Abraham; Hemant Deo; Helen Irvine Purpose This paper aims to focus on a number of unexpected disclosures by major Australian banks, to highlight the subjectivity of financial reports and their failure to present an accurate portrayal of the underlying realities, and to propose that corporate...