SYNOPSIS This paper proposes a new framework for financial statement presentation that provides users with more detailed understanding of the relationship between cash and accrual information earning power. To accomplish these objectives, we provide classifications assets, liabilities, equity, income, flow. Assets are classified as either operating or nonoperating, economic financial, monetary ...

This paper examines the effect of CEOs’ external social connections with other executives and directors on classification shifting, a widespread malpractice that inflates core earnings by altering presentation income statement line items without affecting bottom-line income. Using sample 995 UK listed firms in period 2005 to 2016 relying assumptions capital theory rent-extraction perspective, w...

So this small package arrives at my office, addressed to “Anniken Goldstein.” Two Goldsteins work in my office, my Bride/Empress and myself, so she took the liberty of opening it up, and extracting a Darth Vader head coffee cup from a carefully bundled straw package. There was no accompanying note; the return address indicated that none was needed. Everyone from my receptionist to my office man...

Purpose Financial and nonfinancial disclosures are still anchored to conventional notions of transparency, whereby corporations “push” information out various stakeholders. Such is now “pulled” from sources addresses aspects corporate behavior that go well beyond those envisioned by the disclosure framework. This shift makes values, measurement accountability more fragmented, complex difficult....

Purpose: To analyze the value relevance of new operating result proposed by ED/2019/07 in Brazilian companies relation to gaap and non-gaap measure, assessing associated with market companies.
 Methodology: We used economic financial data, available at Economatica, from 149 9 sectors B3, which had annual information necessary carry out study period 2010 2019. For data analysis, we a restat...

AbstrakTujuan dilakukannya penelitian ini untuk mengetahui pengaruh perubahan Biaya Operasional dan Jumlah Penjualan terhadap Laba Bersih Pada PT. Nuansa Ilham Prima Sukabumi sebelum pada masa pandemic Coronavirus Deseas (COVID-19). Rancangan dalam menggunakan non eksperimen atau metode ex-post facto. Populasi adalah laporan laba rugi, sampel yang digunakan keuangan rugi selama 42 periode pelap...

Current accounting practice expenses many investments in intangible assets to the income statement, confusing earnings from current revenues with gain future revenues. This has led increasing calls book those balance sheet. Drawing on relevant research, we evaluate solutions for asset that contrast sheet recognition, and compare these under IFRS. Key is acknowledging an solution comes a double-...