Financial Reporting Quality and Investment Efficiency Rodrigo S. Verdi The Wharton School University of Pennsylvania 1303 Steinberg Hall-Dietrich Hall Philadelphia‚ PA 19104 Email: rverdi@wharton.upenn.edu Phone: (215) 898-7783 Abstract This paper studies the relation between financial reporting quality and investment efficiency on a sample of 49‚543 firm-year observations between 1980 and 2003. Financial reporting quality has been posited to improve investment efficiency‚ but there has been
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Reporting Practices and Ethics Paper Mary Kaiser HCS/405 Health Care Financial Accounting July 7‚ 2014 David Albalat Reporting Practices and Ethics Paper Introduction In this paper‚ we will discuss the financial reporting aspects of accounting and what ethical standards are being met by the health care industry. Our discussion leads us to the four fundaments accounting principles‚ the generally accepted accounting principles‚ and the financial ethics of accounting and the code of ethical
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Written Disclosure As a Relevant Factor of Resilience and Meaning Finding Giovanni Serrato Parra Australian College of Applied Psychology Abstract The current study explored the hypothesis related with the writing disclosure and its correlation with meaning finding and resiliency that for consequences ends in positive emotions. The study was conducted with 153 students over the same class and divided randomly into two groups; control group‚ which was compared
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Studies Low Company – Standards on Auditing Disclosures Memo –Low Company List of Relevant Authorities AU 504‚ AU 9504: Association with Financial Statements Purpose Should a CPA audit major fluctuations in the fourth quarter of the financial statement made by a publicly traded company after they are disclosed in the company’s annual financial statement notes? Issue Aaron Jones‚ CPA‚ is auditing the current year’s financial statements of Low Company‚ a publicly traded company
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Chapter 03 The Reporting Entity and Consolidated Financial Statements Multiple Choice Questions On January 3‚ 2009‚ Jane Company acquired 75 percent of Miller Company’s outstanding common stock for cash. The fair value of the noncontrolling interest was equal to a proportionate share of the book value of Miller Company’s net assets at the date of acquisition. Selected balance sheet data at December 31‚ 2009‚ are as follows: 1. Based on the preceding information‚ what amount should
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A Conceptual Framework for Investigating the Impact of the Internet on Corporate Financial Reporting 1 Jason Zezhong Xiao. Cardiff University. UK xiao@cardiff.ac.uk Michael John Jones. Cardiff University. UK jonesm12@cardiff.ac.uk Andy Lymer. University of Birmingham. UK a.lymer@bham.ac.uk Abstract. This paper develops a conceptual framework of the impact of the Internet on corporate financial reporting on the basis of the issues and concerns elicited through an open-ended questionnaire
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Mandated Reporting Reporting child abuse often becomes an ethical dilemma because violating a client’s right to confidentiality and breaking the law are both considered unethical behavior. There are many factors a social worker must take into consideration when making a report of child abuse such as; circumstances of the suspected abuse‚ professional and ethical standards‚ and legal requirements. However‚ there are guidelines and a Code of Ethics to help social workers ensure this process is
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officials are given the task of managing public funds. These individuals are to ensure and validate that public funds given to these governments are used in the best interest of its citizens. Financial statements are the traditional way in which a government’s performance is reported. Traditional financial statements provide fiscal information and indicate if a profit was made. However‚ according to Mead profit is not the main objective for governments. “Most governmental entities do not have
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Disclosure Analysis Paper The publicly held company selected to use as the basis for this paper is Apple Inc. Apple Inc. designs‚ manufactures and markets mobile communication and media devices‚ personal computers‚ and portable digital music players‚ and sells a variety of related software‚ services‚ peripherals‚ networking solutions‚ and third-party digital content and applications. The Company’s business strategy leverages its unique ability to design and develop its own operating systems‚ hardware
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Reporting Practices and Ethics Paper HCS/405 November 23‚ 2011 Reporting Practices and Ethics Paper This paper discusses the elements of financial management that is important to the healthcare organizations‚ generally accepted accounting principles‚ and a summary of the articles related to healthcare financial management. Elements of Financial Management There are four different elements used in financial management. These elements include: planning‚ controlling‚ organizing and directing
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