The Experts below are selected from a list of 61278 Experts worldwide ranked by ideXlab platform
Yusuke Osaki - One of the best experts on this subject based on the ideXlab platform.
-
Optimal penalty and Accounting Policy
Applied Economics, 2016Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:ABSTRACTThis study considers risky investment projects under adverse selection and examines optimal penalties for erroneous auditing reports to maximize social welfare. These penalties give firms an incentive to choose Accounting policies that maximize social welfare. We characterize the optimal penalties such that efficient firms choose an aggressive Accounting Policy and inefficient firms choose a conservative Accounting Policy.
-
Optimal Penalty and Accounting Policy
SSRN Electronic Journal, 2014Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:This paper treats risky investment projects under adverse selection and considers optimal penalties for erroneous auditing reports that maximize social welfare. These penalties give firms an incentive to choose Accounting policies that maximize social welfare. We characterize the optimal penalties so that efficient firms choose aggressive Accounting policies and inefficient firms choose conservative Accounting policies.
-
Optimal Accounting policies under financial constraints: aggressive versus conservative
Economics Bulletin, 2011Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:We examine how severity of financial constraints influences firms' choices of Accounting policies. This paper shows that firms with mild financial constraints choose an aggressive Accounting Policy and those with severe financial constraints choose a conservative Accounting Policy.
-
Optimal Accounting Policies Under Financial Constraints: Aggressive Versus Conservative
SSRN Electronic Journal, 2011Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:We examine how severity of financial constraints influences a firm’s choice of Accounting Policy. This paper shows that firms with mild financial constraints choose an aggressive Accounting Policy and those with severe financial constraints choose a conservative Accounting Policy.
Masatomo Akita - One of the best experts on this subject based on the ideXlab platform.
-
Optimal penalty and Accounting Policy
Applied Economics, 2016Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:ABSTRACTThis study considers risky investment projects under adverse selection and examines optimal penalties for erroneous auditing reports to maximize social welfare. These penalties give firms an incentive to choose Accounting policies that maximize social welfare. We characterize the optimal penalties such that efficient firms choose an aggressive Accounting Policy and inefficient firms choose a conservative Accounting Policy.
-
Optimal Penalty and Accounting Policy
SSRN Electronic Journal, 2014Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:This paper treats risky investment projects under adverse selection and considers optimal penalties for erroneous auditing reports that maximize social welfare. These penalties give firms an incentive to choose Accounting policies that maximize social welfare. We characterize the optimal penalties so that efficient firms choose aggressive Accounting policies and inefficient firms choose conservative Accounting policies.
-
Optimal Accounting policies under financial constraints: aggressive versus conservative
Economics Bulletin, 2011Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:We examine how severity of financial constraints influences firms' choices of Accounting policies. This paper shows that firms with mild financial constraints choose an aggressive Accounting Policy and those with severe financial constraints choose a conservative Accounting Policy.
-
Optimal Accounting Policies Under Financial Constraints: Aggressive Versus Conservative
SSRN Electronic Journal, 2011Co-Authors: Masatomo Akita, Yusuke OsakiAbstract:We examine how severity of financial constraints influences a firm’s choice of Accounting Policy. This paper shows that firms with mild financial constraints choose an aggressive Accounting Policy and those with severe financial constraints choose a conservative Accounting Policy.
Ewelina Puchalska - One of the best experts on this subject based on the ideXlab platform.
-
Accounting Policy versus Creative Accounting
Social Science Research Network, 2013Co-Authors: Renata Dylag, Ewelina PuchalskaAbstract:Accounting Policy is a set of guidelines, regulations and rules selected from the applicable Accounting law. The Policy enables preparation of a company’s financial statement that is of high quality and reflects its real situation. Proper selection of Accounting policies could have an impact on some measurements of assets and financial performance of an entity, which may influence the decisions made by users of financial statement. However, an Accounting Policy cannot be used by entities as a means to arbitrarily benefit a company's financial position and therefore improve the image of a company compared to competition. Income-boosting Accounting changes, income -smoothing Accounting changes or non-disclosure of stakeholder relevant information could be considered fraud.The purpose of this paper is to present the significant role of Accounting Policy and its influence on the reported figures. By examining the financial statement of ABC Company the study portrays the range of Accounting policies and highlights the difficulty of distinguishing Accounting changes applied in order to enhance the credibility of information provided by the financial statement from deliberate adjustments in the book of accounts made with the intent of gaining advantages and meeting internal targets. Therefore, in order to facilitate understanding of the issue this study provides practical examples of some deliberate adjustments and indicate their direct impact on the financial statement.
Peter Daly - One of the best experts on this subject based on the ideXlab platform.
-
The internationalization of Accounting Policy in a soft-law context: the case of Renault, 1980–1984
Accounting History Review, 2013Co-Authors: Philippe Touron, Peter DalyAbstract:Drawing on institutional theory, this study analyses the internationalization of Renault's consolidated financial statements from 1981 to 1984. This involved the voluntary adoption of International Accounting Standards (IAS), subsequent changes of Accounting Policy and certification by an international auditor. The paper questions why a state-owned French company began to prepare its consolidated accounts in accordance with IAS and why it selected auditors from the ‘Big Eight’ firms. It is shown that the adoption of IAS was directly linked to internationalization and that Accounting Policy was loosely coupled to standards in a way that left room for earnings management.
-
the internationalization of Accounting Policy in a soft law context the case of renault 1980 1984
Accounting History Review, 2013Co-Authors: Philippe Touron, Peter DalyAbstract:Drawing on institutional theory, this study analyses the internationalization of Renault's consolidated financial statements from 1981 to 1984. This involved the voluntary adoption of International Accounting Standards (IAS), subsequent changes of Accounting Policy and certification by an international auditor. The paper questions why a state-owned French company began to prepare its consolidated accounts in accordance with IAS and why it selected auditors from the ‘Big Eight’ firms. It is shown that the adoption of IAS was directly linked to internationalization and that Accounting Policy was loosely coupled to standards in a way that left room for earnings management.
Renata Dylag - One of the best experts on this subject based on the ideXlab platform.
-
Accounting Policy versus Creative Accounting
Social Science Research Network, 2013Co-Authors: Renata Dylag, Ewelina PuchalskaAbstract:Accounting Policy is a set of guidelines, regulations and rules selected from the applicable Accounting law. The Policy enables preparation of a company’s financial statement that is of high quality and reflects its real situation. Proper selection of Accounting policies could have an impact on some measurements of assets and financial performance of an entity, which may influence the decisions made by users of financial statement. However, an Accounting Policy cannot be used by entities as a means to arbitrarily benefit a company's financial position and therefore improve the image of a company compared to competition. Income-boosting Accounting changes, income -smoothing Accounting changes or non-disclosure of stakeholder relevant information could be considered fraud.The purpose of this paper is to present the significant role of Accounting Policy and its influence on the reported figures. By examining the financial statement of ABC Company the study portrays the range of Accounting policies and highlights the difficulty of distinguishing Accounting changes applied in order to enhance the credibility of information provided by the financial statement from deliberate adjustments in the book of accounts made with the intent of gaining advantages and meeting internal targets. Therefore, in order to facilitate understanding of the issue this study provides practical examples of some deliberate adjustments and indicate their direct impact on the financial statement.
