The Influence of Auditor Independence Regulation on Earnings Quality: An Empirical Analysis of Firms Cross-Listed in the US# Roger Meuwissen Universiteit Maastricht Frank Moers Universiteit Maastricht Erik Peek Universiteit Maastricht Ann Vanstraelen Universiteit Antwerpen and Universiteit Maastricht September 2003 # Corresponding author is Ann Vanstraelen. E-mail address: a.vanstraelen@aim.unimaas.nl. Adress for correspondence: Department of Accounting and Information Management‚ Faculty of
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Accounting Regulation and Conceptual Frameworks‚ Traditional Arguments for Accounting Regulation – 1) Prevention of fraud – Enron 2) Comparability 3) Asymmetrical information – big institutional investors have more information than small retail investors. Beaver (1981)‚ strongly believes in pro market lobby‚ market solutions are always the best‚ we should never regulate. – Very influential academic – Highly reputable Traditional Arguments against accounting regulation 1) Capture theory – person
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Donnalea P. Nablea AB=II Date :March 20‚ 2013 Subject: Philippine Government and Constitution Introduction: * Background of Citizenship= Citizenship is one of the article of the Philippine Constitution or the Fourth (4) Article. It says here that the citizenship can be loss‚ re-acquire‚ or naturalized depend on the decision of a citizen. The citizenship is a law that shows‚ it should be followed legally. * Background of Suffrage= Suffrage means
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There are many different functions of the government including; providing a legal system‚ promoting competition‚ providing public goods‚ ensuring economy wide stability‚ government-sponsored and government-inhibited goods‚ income redistribution‚ publicly subsidized healthcare‚ and economic issues of public education. Providing a legal system has helped to enable stability throughout the country for many years. It has established legal institutions‚ which specialize in understanding the rules
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United States Army regulations are very important. Being a member of the United States Army is a job that must be done correctly by the men and woman who chose to answer the call of duty. These regulations must be followed by all personnel enlisted or officer. These regulations also must be followed by all branches of the army whether you are national guard‚ reserve‚ or active. These regulations are also very important even when you are still in training. If they are not followed it can greatly
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Securities Regulation Outline Introductory Material Financial Products. Two ways to raise money: taking out loans from the bank‚ or issuing securities on the public market. Bank Loans Money in exchange for a promise to pay. Usually secured by some collateral. Commercial lending: one bank is “lead arranger” for others. Reduces exposure. Securities Stock. An ownership interest. Common stock. Voting rights! Dividends. Get paid last in a liquidation. Preferred stock. No voting rights as long as
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China Government China government is known as Communist state and i s a dominant party in China‚ Chinese communist par ty is the large political in the world with over 7 0 millions members. Although in China there are fe w minor parties controlled by CCP. "The Communist Party of China is founded mainly on ideology and p olitics" quoted from China today.com. Chinese comm unist party do not take any place in the leading s ystem place in government but only can only conduc t any activities under the
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Food Hygiene Regulations 2006 What are the regulations? The Food Hygiene (England) Regulations 2006 are supported by European Regulation 852/2004. Who is affected? Anyone who owns manages or works in a food business‚ apart from those working in primary food production such as harvesting‚ slaughtering or milking‚ is affected by these Regulations. They apply to anything from a hot dog van to a five star restaurant‚ from a village hall where food is prepared to a large supermarket‚ or to a vending machine
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Computer Lab Rules & Regulations Electronic workstations may only be used by current Swinburne University students and staffs. Swinburne identity card must be presented on request. Swinburne computing facilities should only be used for educational‚ research and administrative purposes of Swinburne. All other uses are strictly prohibited. The following rules and terms apply to all computers on campus. Terms and Conditions 1. All users must abide by the license requirements of any software
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Week 1 - Nature & Regulation of Companies & Company Operations Legal nature of company Separate legal identity‚ distinct from owners Companies act through ‘agents’. eg. shareholders elect board of directors to act on their behalf Public Company (Ltd.) Limited liability of owners • Raises funds from public Types of companies Private Company (Pty. Ltd.) • • • • • • • • • Regulation of companies Corporations Law: Companies must keep proper accounting records; prepare yearly & half-yearly FS;
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