In response to a recommendation by the Panel reviewing Australian Charities and Not-for-profits legislation, Federal Government has announced that charities will be required disclose related party transactions. The problem of transactions is common theme in compliance reports Commission. This article critically analyses issue within sphere, as well potential reforms. It concludes reporting such...

Abstract We provide evidence on earnings management by exploiting temporary exogenous shocks to utility firms’ sales arising from weather variation. find that sample are highly sensitive annual changes in average temperatures the region where firm operates, but this sensitivity disappears quickly as one moves down income statement. This evidence, while indirect, is suggestive of activities. In ...