scholarly journals Statutory Auditors’ Independence in India: An Empirical Analysis from the Stakeholders’ Interest Perspective

2016 ◽  
Vol 41 (1) ◽  
pp. 28-50
Author(s):  
Mitrendu Narayan Roy ◽  
Siddhartha Sankar Saha
Keyword(s):  
Financial Statement ◽  
Executive Summary ◽  
Audit Failure ◽  
Corporate Executives ◽  
Accounting Scandals ◽  
Legal Case ◽  
Honestly Significant Difference ◽  
Significant Difference ◽  
Difference Of Opinion ◽  
Case Decisions

Executive Summary A business projects its financial performance through its financial statements. An audited financial statement is considered to be genuine and dependable by the stakeholders of the business. Therefore, statutory auditors should be self-regulating so that they can perform their professional role without being influenced by the management. The current regulatory framework for statutory auditors defines independence requirement for a statutory auditor in a professional engagement, points out circumstances that may create threats to independence and also proposes some measures to safeguard the same. However, in recent corporate accounting scandals, company’s failure led to devastating cost to the stakeholders, and audit failure was identified to be one of the causes behind them. Following investigations also sensed possible impairment of statutory auditors’ independence in those scams. In this backdrop, based on the existing literature on this subject, this article identifies variables influencing positively or negatively statutory auditors’ independence in their professional engagement. Opinions of statutory auditors and select other groups of respondents were collected. Most of the respondent groups believe that statutory auditors fail to detect irregularities in financial books due to their lack of independence and professional scepticism as was observed in this study. Several legal case decisions also support this finding. A long association between a statutory auditor and a client is one of the major reasons behind statutory auditors’ lack of independence. Opinions of respondents supported by applicable legal case decisions also proved that lax disciplinary measures and inadequate inspection framework caused audit failures in many recent cases. This study also analyses a significant difference of opinion among respondent groups and identifies the groups having a similar line of thought for each variable. One-way analysis of variance (ANOVA) and Tukey’s honestly significant difference (HSD) test were conducted, respectively, for these purposes. The result shows that significant differences exist among the respondent groups for most of the variables. Moreover, corporate executives have shown a significant difference of opinion from professional accountants, especially on the issue of statutory auditors’ negligence. While corporate executives believe statutory auditors are negligent in their duty, professional accountants oppose their views. Applicable legal case decisions also support such findings. Investors have shown similar views in line with academicians and students.

The Effect of Stem Segment Cuttings of Robusta Coffee (Coffea canephora) on Growth of Root and Leaf Sprout

2021 ◽  
Vol 11 (1) ◽  
pp. 28-34
Author(s):  
Bistok Hasiholan Simanjuntak ◽  
Devi Kusuma Wardani
Keyword(s):  
Leaf Growth ◽  
Block Design ◽  
Experimental Treatment ◽  
Coffea Canephora ◽  
Stem Segment ◽  
Significance Level ◽  
Robusta Coffee ◽  
Randomized Block Design ◽  
Honestly Significant Difference ◽  
Significant Difference

Robusta coffee plant propagation is recommended to be performed by vegetative methods, one of which is cuttings. Among plant organs that can be used for cuttings is the stem. The research objective was to determine which stem segment from cuttings was able to provide the best root and leaf growth. The layout study used a completely randomized block design (RBD) with an experimental treatment consisting of five stem segments, namely (1) the first stem segment from the upper shoot (A); (2) the second stem segment from the upper shoot (B); (3) the third stem segment from the upper shoot (C); (4) the fourth stem segment from the upper shoot (D); and (5) the fifth stem segment from the upper shoot (E); each treatment had five replications. Data analysis was performed statistically with analysis of variance (ANOVA) and Tukey's HSD (honestly significant difference) test with a significance level of P < 0.05. Robusta coffee cuttings stems from the second stem segment from the upper shoot were able to provide the optimal root growth (root length) and shoot growth (leaf sprout height and leaf sprout growth rate). Leaf sprout number derived from the cuttings was not affected by the stem segment.

Financial Reporting, Auditing, Analyst Scrutiny, and Investment Efficiency

2021 ◽  
Author(s):  
Derek Chan ◽  
Nanqin Liu
Keyword(s):  
Financial Reporting ◽  
Audit Quality ◽  
Financial Statement ◽  
Investment Efficiency ◽  
Strategic Interactions ◽  
Financial Reports ◽  
Audit Failure ◽  
Economic Framework ◽  
Ex Post ◽  
Ex Ante

This paper presents an economic framework to study strategic interactions along the analyst-auditor-owner disciplinary chain, in which the auditor examines the financial reports prepared by the owner, and the analyst uncovers financial misreporting as well as audit failure. We find that although analyst scrutiny ex post detects misreporting, it ex ante aggravates the owner's misreporting behavior and further impairs financial statement reliability if the legal penalties for the auditor and the owner are small. We also show how the effects of a regulation depend on its target's disciplinarian(s). Specifically, (i) although enhancing the auditor's legal liability always increases audit quality and financial statement reliability, it decreases investment efficiency if and only if the analyst is highly independent; and (ii) increasing the owner's misreporting penalty decreases investment efficiency if and only if either of (but not both) the regulations on the auditor and the analyst is strict.

scholarly journals Effect of an Optical Whitening Toothpaste on Color Stability of Tooth-Colored Restorative Materials

2020 ◽  
Vol 14 (01) ◽  
pp. 085-091
Author(s):  
Sedighe Sadat Hashemikamangar ◽  
Farnoosh Hoseinpour ◽  
Nazanin Kiomarsi ◽  
Mehrzad Gholampour Dehaki ◽  
Mohammad Javad Kharazifard
Keyword(s):  
Statistical Analysis ◽  
Color Change ◽  
Color Stability ◽  
Composite Resins ◽  
Time Points ◽  
Color Changes ◽  
Honestly Significant Difference ◽  
Significant Difference ◽  
Resin Modified Glass Ionomer ◽  
Composite Samples

Abstract Objectives This study aimed to assess the effect of an optical whitening toothpaste on color stability of microhybrid, nanofilled, and microfilled composite resins and resin-modified glass ionomer (RMGI) cement in comparison of two other toothpastes. Materials and Methods In this experimental study, disc-shaped composite samples were fabricated. The samples were then polished using silicon carbide papers. Twenty-seven samples of each material were fabricated and subjected to colorimetry using a spectrophotometer. Each group of material was then divided into three subgroups for the application of conventional whitening and whitening containing blue covarine toothpastes. One operator brushed the samples with an electric soft toothbrush with circular motion twice a day, each time for 30 seconds. Colorimetry was performed at 0, 1, 7, 30, and 90 days. Statistical Analysis Two-way analysis of variance (ANOVA), one-way ANOVA, and Tukey’s honestly significant difference (HSD) test were used for statistical analysis. Results The interaction effect of type of restorative material and time on ∆E was not significant at baseline or 1 day (p > 0.05). The effect of type of toothpaste on ∆E was not significant at baseline or 1 day (p = 0.78) but the effect of type of material was significant (p < 0.05). The toothpastes had significantly different effects on ∆E of Z250 at all time points (p < 0.05) except for ∆E0–30 (p = 0.106). The toothpastes had significantly different effects on ∆E of Z350 and Gradia at all time points (p < 0.05). The same was true for RMGI except for ∆E0–7 (p = 0.43) and ∆E0–90 (p = 0.52). The majority of color changes caused by toothpastes were not clinically perceivable (∆E < 3.3), except for ∆E0–90 by the whitening toothpaste (∆E = 9), ∆E0–90 by the conventional toothpaste for Z350 (∆E = 3.9), and ∆E0–1 by the whitening toothpaste for RMGI (∆E = 3.7). Conclusion The color change of all composite samples was not clinically perceivable (<3.3) at all time points, which shows that the tested toothpastes do not cause a significant change in color of composite materials.

scholarly journals RESPON PUPUK KANDANG KAMBING DAN PUPUK NPK PADA PERTUMBUHAN DAN HASIL TANAMAN TERUNG HIJAU (Solanum melongena L.).

2016 ◽  
Vol 10 (1) ◽  
pp. 53-62
Author(s):  
Visca R Yuanita ◽  
Tri Kurniastuti ◽  
Palupi Puspitorini
Keyword(s):  
Plant Height ◽  
Block Design ◽  
Solanum Melongena ◽  
Growth And Yield ◽  
Leaf Number ◽  
Fruit Length ◽  
Honestly Significant Difference ◽  
Significant Difference ◽  
Npk Fertilizer ◽  
Goat Manure

Research about influence of goat manure and NPK fertilizer on the growth and yield of green eggplant (Solanum mengolena L.) has been conducted in field village farmer-owned Semen Gandusari District of Blitar which took place in March-April 2016. The aim of this study was to know the interaction for among goat manure and NPK fertilizer on the growth and yield of green eggplant as well as the effect of each factor. This study uses Randomaized Complete Block Design (RCBD) factorial consisting of 16 treatment and each 3 replicates ie: P0M0, P0M1, P0M2, P0M3, P1M0, P1M1, P1M2, P1M3, P2M0, P2M1, P2M2, P2M3, P3M0, P3M1 , P3M2, P3M3. The data taking were plant height, leaf number, fruit length, fruit diameter and weight of fruit per plant. The data were analyzed to F test as followed by a 5% test Honestly Significant Difference (HSD) error level of 5%. The experimental results very significant effect on plant height, leaf number, fruit length and weight of fruits per plant and the effect is not noticeable to the diameter of fruit plants green eggplant. The combined use goat manure 750 g / plant and NPK fertilizer 60 g / plant (P2M3) is proper fertilization to improve the growth and best yield of green eggplant with the highest total weight of the fruit crop that yields 1576.6 grams

scholarly journals Analysis of Pre and Post Merger and Acquisition Financial Performance of Banks in Pakistan

2014 ◽  
Vol 6 (4) ◽  
pp. 177-190
Author(s):  
Qamar Abbas ◽  
Rashid Saeed . ◽  
Ehsan-Ul-Hassan . ◽  
Muhammad Shahzad Ijaz .
Keyword(s):  
Financial Performance ◽  
Banking Sector ◽  
Merger And Acquisition ◽  
Business Environment ◽  
Study Data ◽  
Financial Statement ◽  
Acquisition Performance ◽  
Significant Difference ◽  
Insignificant Difference ◽  
The Impact

Merger and Acquisition is a strategy adopted by the organizations globally to meet the needs of dynamic business environment. This strategy also has much importance in Pakistan mostly in banking sector. Therefore, the objective of the study is to assess the impact of M&A on the financial performance of banks in Pakistan. The accounting and financial data of 10 banks were used in this study. Data was taken from the financial statement analysis (FSA) by State Bank of Pakistan from the period of 20062011. For the analysis of pre and post Merger and Acquisition performance 15 financial ratios were used in the study. To compare the results Paired sample t-Test was used to measure the significant difference between pre and post M&A financial performance. The overall results show that there is no significant difference in financial performance. It is concluded that there is insignificant difference between pre and post M&A performance of banks in Pakistan.

scholarly journals Strategi Produk Rekayasa Umum untuk Meningkatkan Market Share Dalam Negeri dengan Metode Delphi

IQTISHODUNA ◽  
2020 ◽  
Vol 16 (1) ◽  
pp. 83-100
Author(s):  
Olin Lintang Pribadi
Keyword(s):  
Market Share ◽  
Delphi Method ◽  
Secondary Data ◽  
Primary Data ◽  
Research Subjects ◽  
Machine Method ◽  
Significant Difference ◽  
Difference Of Opinion ◽  
Qualitative Descriptive ◽  
Alternative Solutions

This study aims to determine the cause of the low market share of general engineering products at PT PAL Indonesia. Market share analysis is considered important in winning business competition. The study uses qualitative descriptive methods and subject data in the form of opinions, attitudes, experiences or characteristics of a person or group of people who are the research subjects or informants. Source of data used are primary data derived from informant interviews and secondary data derived from supporting documents relevant to the study. To find out the root of the problem using the technique of root causes analysis with the fishbone method and find alternative solutions to the problem with the Delphi method in the form of a questionnaire to the experts. The results of the study explained that the low market share of general engineering products is found in every indicator of fishbone, namely: machine, method, material, manpower, measurement and mother nature. And in the opinion of the experts there is no significant difference of opinion in providing alternative solutions to every problem on the fishbone indicator. So the company can be used in making policies.

scholarly journals UJI PENGGUNAAN BERBAGAI MEDIA TUMBUH DAN PEMBERIAN PUPUK GROWMORE PADA AKLIMATISASI TANAMAN ANGGREK Dendrobium

2019 ◽  
Vol 15 (2) ◽  
pp. 105-114
Author(s):  
GUSTI MARLINA ◽  
MARLINDA MARLINDA ◽  
HENI ROSNETI
Keyword(s):  
Plant Height ◽  
Growth Media ◽  
Growing Media ◽  
Randomized Design ◽  
Honestly Significant Difference ◽  
Significant Difference ◽  
Number Of Leaves ◽  
Completely Randomized Design ◽  
Difference Test ◽  
Honestly Significant Difference Test

The research objective was determine the effect of various growth media and growmore fertilizer on the acclimatization of Dendrobium orchids. study used a Completely Randomized Design (CRD) Factorial consisting of 2 factors, the first is (M) of growing media which consists of 3 levels, namely: M1 (medium fern root), M2 (wood charcoal medium), M3 (coir media coconut) and the second is (G) growmore fertilizer which consists of 4 levels, namely: G0 (without Growmore fertilizer), G1 (Growmore fertilizer 2 g / liter), G2 (fertilizer Growmore 4 g / liter), G3 (Growmore fertilizer 6 g / liter). Determine the growth of orchid plants, observations were made with the following parameters Growth Percentage (%), Plant Height (cm), Number of leaves (strands), and Number of tillers (stems). Data obtained were analyzed statistically, then continued with the Honestly Significant Difference Test (BNJ) at the level of 5%. The results showed that the single treatment of the use of growing media did not have a significant effect on the parameters of observation of growth percentage (%), plant height (cm), number of leaves (strands), and number of tillers (stems). The growth of growmore fertilizer also did not show a significant effect on the parameters of observation of growth percentage (%), plant height (cm), number of leaves (strands), and number of tillers (stems). Interaction of the use of various growth media and growmore fertilizer did not show a significant effect on the percentage of growth (%), plant height (cm), number of leaves (strands), and number of tillers (stems).

scholarly journals KECERNAAN IN VITRO SILASE SAMPAH SAYUR DAN DAUN GAMAL MENGGUNAKAN MIKROORGANISME RUMEN KAMBING

2015 ◽  
Vol 2 (3) ◽  
pp. 17
Author(s):  
Indrayani Indrayani ◽  
Harapin Hafid ◽  
Dian Agustina
Keyword(s):  
Organic Matter ◽  
Analysis Of Variance ◽  
Dry Matter ◽  
Vegetable Waste ◽  
Dry Matter Digestibility ◽  
Randomized Design ◽  
Honestly Significant Difference ◽  
Significant Difference ◽  
Completely Randomized Design

ABSTRACTThis study aims to determine the digestibility of dry matter and organic matter level waste silage mixed vegetables and Gliricidia leaves were tested in vitro. This study used a completely randomized design with 3 treatments and 3 replications. Each of these treatments is R0 (Gliricidia leaves 100%), R1 (Gliricidia leaves 70% + 30% silage vegetable waste), and R2 (Gliricidia leaves 40% + 60% silage vegetable waste). Data were analyzed using analysis of variance (ANOVA) and further testing using the test Honestly Significant Difference (HSD). The results of ANOVA showed that the mixture of vegetable waste silage was highly significant (p <0.05) on dry matter digestibility and significantly (p <0.05) on the digestibility of organic matter. It can be concluded that the mixed of vegetable waste silage and Gliricidia leaves can improved digestibility of dry matter and organic matter, treatment of 40% and 60% Gliricidia leaves plus waste vegetable produce silage dry matter digestibility and percentage of organic matter is best (72,24% and 68,19%).Keyword: Silage vegetable waste, gliricidia leaves, dry and organic matter digestibilityABSTRAKPenelitian ini bertujuan untuk mengetahui kecenaan bahan kering dan bahan organik tingkat campuran silase sampah sayur dan daun gamal yang diuji secara in vitro. Penelitian ini menggunakan Rancangan Acak Lengkap dengan 3 perlakuan dan 3 ulangan. Masing-masing perlakuan tersebut ialah R0 (daun gamal 100%), R1 (daun gamal 70% + silase sampah sayur 30%), dan R2 (daun gamal 40% + silase sampah sayur 60%). Data yang diperoleh dianalisis dengan menggunakan analisis sidik ragam (ANOVA) dan uji lanjut menggunakan uji Beda Nyata Jujur (BNJ). Hasil analisis sidik ragam menunjukkan bahwa campuran silase sampah sayur berpengaruh sangat nyata (p<0,05) terhadap kecernaan bahan kering dan berpengaruh nyata (p<0,05) terhadap kecernaan bahan organik. Dapat disimpulkan bahwa perlakuan campuran silase sampah sayur dan daun gamal dapat meningkatkan kecernaan bahan kering dan bahan organik, perlakuan 40% daun gamal dan 60% silase sampah sayur menghasilkan persentase kecernaan bahan kering dan bahan organik yang terbaik yaitu (72,24% dan 68,19%).Kata kunci : Silase sampah sayur, daun gamal, kecernaan bahan kering, dan bahan organik.

scholarly journals PENGARUH DOSIS RAGI DAN PENAMBAHAN GULA TERHADAP KUALITAS GIZI DAN ORGANOLEPTIK TAPE BIJI GANDUM

Agric ◽  
2016 ◽  
Vol 26 (1) ◽  
pp. 75
Author(s):  
Jalalina Abdillah ◽  
Nugraheni Widyawati ◽  
Suprihati
Keyword(s):  
Analysis Of Variance ◽  
Block Design ◽  
Wheat Grain ◽  
Christian University ◽  
Randomized Block Design ◽  
Honestly Significant Difference ◽  
Sugar Addition ◽  
Significant Difference ◽  
And Mathematics

<p>Tape yeast in certain dose is required in making tape. Addition of 5% sugar could increase the sweetness as well as energy for the microorganissm. The experiment about the effect of yeast dosage and sugar addition on the quality of wheat grain tape in the Laboratory of Faculty of Science and Mathematics Satya Wacana Christian University started from 29th February until 23rd April 2012. This research used Randomized Block Design (RBD) with six treatments as follows: 1% yeast; 2% yeast; 3% yeast; 1% yeast with sugar; 2% yeast with sugar; 3% yeast with sugar. Finally, data of the result were analyzed using analysis of variance (ANOVA) and honestly significant difference (HSD) at 5% level. The research showed that: 1) 1% yeast dose had the highest quality of wheat tape compared to 2% and 3% yeast dose, 2) 1% yeast dose with sugar gave the best taste from organoleptic test.</p>

Correlation of lip profile preferences in Pakistani population; and its comparison with orthodontic norms

2021 ◽  
Author(s):  
Hashim Bin Mansoor ◽  
Zahra Khalid ◽  
Abdullah Jan ◽  
Rumeesha Zaheer
Keyword(s):  
Orthodontic Treatment ◽  
Armed Forces ◽  
Cross Sectional Study ◽  
Cross Sectional ◽  
Pakistani Population ◽  
Significant Difference ◽  
Difference Of Opinion ◽  
General Dentists ◽  
Group B ◽  
Treatment Seekers

Objective: To determine the most desired lip profile and compare the subjective sense of aesthetics among orthodontists, general dentists and the general population. Method: The cross-sectional study was conducted at the Orthodontic Department of the Armed Forces Institute of Dentistry, Rawalpindi, Pakistan, from January 1 to February 25, 2020, and comprised different silhouettes for each gender with increasing lip procumbence from -6mm to +6mm with respect to Rickett’s E-line which were created using Photoshop CS 8.0 after cephalometric analysis of 20 cephalograms. The sample comprised an equal number of orthodontists in group A, general dentists in group B and orthodontic treatment-seekers in group C with equal representation of the two genders. Data was analysed using SPSS 24. Results: Of the 180 subjects, there were 60(33.3%) in each of the three groups, with 30(50%) males and as many females in all the groups. All the three groups preferred the average lip profile for males (p=0.018) and 2mm procumbent lips for females (p=0.008). There was significant difference of opinion between groups A and C (p=0.034) and between groups  B and C (p=0.022). Conclusion: There was found to be a marked difference of opinion among the orthodontists, the general dentists and the orthodontic treatment-seekers regarding the desired lip profile. Key Words: Aesthetics, Pakistani population, Cephalometrics, Lip profile. Continuous...

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