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This book is specifically designed for students enrolled in Financial Accounting and Reporting II course. The objective of this book is to assist students to understand the contents of the course by focusing on the Standards and its application in reporting companies’ financial statements. This book has been arranged according to the syllabus that consistent with the Hala tuju 3 in curriculum review process. There are nine chapters in the FAR II course and each chapter discussed in this book contains learning objectives, an introduction, comprehensive discussion, summary and accompanied by practical illustrations with suggested solutions. To facilitate students understanding, a comprehensive set of revision questions are available at the end of each chapter with some clues to the answers. Written in simple English by experienced lecturers, students will find this book to be useful and friendly companion in their learning process. This book can also serves as a good and helpful teaching materials for lecturers.
There are 11 chapters in the FAR I course and this book focus on the essential 10 chapters. Each chapter contains learning objectives, an introduction, comprehensive discussion, summary and accompanied by practical and comprehensive illustrations with suggested solutions. To facilitate students understanding, a comprehensive set of revision questions are available at the end of each chapter with some clues to the answers. Written in simple English by experienced lecturers, students will find this book to be useful and friendly companion in their learning process. This book can also serves as a good and helpful teaching materials for lecturers.
A Collection of Comprehensive Cases is a compilation book of comprehensive cases for Financial Accounting and Reporting (FAR) I, II and III. This book is specially designed for accounting students in FAR subjects to be more familiar with the format and the structure of comprehensive cases. The objective of this book is to assist students to have a better understanding on the case instructions as well as to guide them on how to answer well those instructions. The book is also meant as a good reference for students as they have their own collection of comprehensive cases and the key answers were also systematically arranged for them to do revision.
The main objective of this book is to facilitate the students to understand the underlying regulatory process of financial accounting reporting, companies’ manager behaviour when preparing their financial reports, corporate governance and theories applicable to accounting practice explaining the circumstances given in the current phenomenon. The content of this book provides a useful insight to it readers about the development of accounting system in Malaysia, the conceptual framework that underpinned accounting practice particularly the regulatory and professional bodies, the general theories underlying the current practice of accounting reporting, standards and practice, and contemporary issues in financial accounting reporting such as measurements, sustainability reporting and digitisation reporting.
This review lays out a research perspective on earnings quality. We provide an overview of alternative definitions and measures of earnings quality and a discussion of research design choices encountered in earnings quality research. Throughout, we focus on a capital markets setting, as opposed, for example, to a contracting or stewardship setting. Our reason for this choice stems from the view that the capital market uses of accounting information are fundamental, in the sense of providing a basis for other uses, such as stewardship. Because resource allocations are ex ante decisions while contracting/stewardship assessments are ex post evaluations of outcomes, evidence on whether, how and ...
The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed acco...
This volume focuses on the performance of firms as a measure of the effectiveness of corporate governance, and then attempts to draw conclusions about the relative advantages of different ownership structures. The analysis is based on studies of firms in the Czech Republic, Hungary and Poland.
This book focuses on Integrated Reporting as a contemporary social and managerial innovation where a number of initiatives, organizations and individuals began to converge in response to the need for a consistent, collaborative and internationally accepted approach to redesign corporate reporting. Integrated Reporting is a process that results in communication of the annual “integrated report” which describes value creation over time. An integrated report is a concise communication about how an organization’s strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term. This book offers a fresh perspective with expert contributions focusing on both the theoretical underpinnings and the practical challenges for the future of corporate reporting.
Establishing a corporate governance strategy that promotes the efficient use of organisational resources is instrumental in the economic growth of a country, as well as the successful management of firms. This book reviews existing literature and identifies board structural features as key variables of an effective corporate governance system, establishing a multi-theoretical model that links Board structural characteristics with firm performance. It then, using a comprehensive empirical study of 265 companies listed on the Karachi Stock exchange, tests this conceptual model. This research serves as a significant milestone, reflecting the socio-economic setting of emerging economies, and hig...