Financial Reporting to the Industries Assistance Commission: A Study in the Rôle of Accounting Information in Regulatory Decision Making

ABSTRACT The purpose of financial reporting is to provide information to investors and creditors to help them make rational decisions (Financial Accounting Standards Board [FASB] 2010). Tracing the development of investors' methods should help with understanding the role of financial accounting. This study examines investment practices involving railways in 1890s America. As such, it furthers our knowledge about the development of investment methods and their necessary information. Moreover, it shows that as investment methods grew in sophistication, there was an enhanced demand for greater comparability in accounting data to make meaningful analyses. Competing investment strategies, largely devoid of accounting information, are also discussed.

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The role of women in nuclear - attracting public participation in regulatory decision-making process

IOP Conference Series Materials Science and Engineering ◽

10.1088/1757-899x/298/1/012051 ◽

2018 ◽

Vol 298 ◽

pp. 012051

Author(s):

Azlina Mohamad Jais ◽

Najwa Hassan

Keyword(s):

Decision Making ◽

Public Participation ◽

Decision Making Process ◽

Regulatory Decision ◽

Role Of Women

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ASSESSMENT OF THE ROLE OF ACCOUNTING INFORMATION ON EFFECTIVE INVESTMENT DECISION - THE CASE OF BANQUE POPULAIRE DU RWANDA ATLASMARA

European Journal of Management and Marketing Studies ◽

10.46827/ejmms.v6i3.1135 ◽

2021 ◽

Vol 6 (3) ◽

Author(s):

James Hodari

Keyword(s):

Decision Making ◽

Data Collection ◽

Investment Decision ◽

Accounting Information ◽

Investment Decisions ◽

Target Population ◽

Staff Members ◽

Investment Decision Making ◽

Secondary Methods

The purpose of this study is to assess the role of accounting information on effective investment decisions at Banque Populaire du Rwanda Atlasmara. The target population was 50 staff members. The study used a primary method that involved questionnaires. Secondary methods of data collection involved a desk review of relevant materials. Data collection was then analyzed by using SPSS software. The study indicated a significant correlation between accounting information and investment decisions and all rely on information for an investment decision. It was seen from the analysis of responses, 83% argued always use accounting information for investment. It was revealed that the quality of accounting information in terms of its accuracy, adequacy, reliability, and mode of disclosure is a pertinent element of efficiency of investment decision making. The study recommends that commercial banks should use accounting always to increase the accuracy of their investment decision-making. The study recommends that Banque Populaire du Rwanda should consult the accounting information before making investment decisions and all interested parties to accounting information should use necessary financial ratios analysis for an investment decision. The study concludes that there is a significant correlation between accounting information and investment decision. JEL: M10; M41; R42 Article visualizations:<img src="/-counters-/edu_01/0845/a.php" alt="Hit counter" />

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Valences of the Corporate Governance in the Process of Accounting Reporting

Throughput Accounting in a Hyperconnected World - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-5225-7712-6.ch007 ◽

2019 ◽

pp. 145-166 ◽

Cited By ~ 1

Author(s):

Tatiana Dănescu ◽

Mihaela Prozan

Keyword(s):

Risk Factors ◽

Decision Making ◽

Risk Management ◽

Corporate Governance ◽

Global Economy ◽

Accounting Information ◽

Reliable Information ◽

Professional Organizations ◽

Prospective Risk

In the context of the issues that the global economy is facing, one of the main concerns of the regulative authorities, of the professional organizations, and of entities was and still is identifying the risk factors that affect the systems of corporative governance and the systems and processes through which the supply of reliable information in the decision-making process is insured. Another concern is identifying reliable solutions for insuring the implementation of a proactive and prospective risk management that makes a mark on the utility of the information presented and communicated to the targeted users, especially through accounting reporting. Hence, through the necessity of insuring the transparency and the utility of accounting information, in this chapter, the role of corporate governance, in improving the process of accounting reporting and as a consequence of the value of accounting information, will be synthetically presented.

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Why do Restatements Decrease in a Clawback Environment? An Investigation into Financial Reporting Executives' Decision-Making during the Restatement Process

The Accounting Review ◽

10.2308/accr-51049 ◽

2015 ◽

Vol 90 (6) ◽

pp. 2515-2536 ◽

Cited By ~ 19

Author(s):

Jonathan S. Pyzoha

Keyword(s):

Decision Making ◽

Executive Compensation ◽

Financial Reporting ◽

Financial Statements ◽

Data Availability ◽

Archival Studies ◽

Key Factors ◽

Ex Post ◽

Auditor Quality

ABSTRACT Prior archival studies find that firms that voluntarily adopted clawback policies have experienced a reduction in restatements. I experimentally examine this outcome by investigating the influence of two key factors (i.e., executive compensation structure and auditor quality) on financial reporting executives' (hereafter, “executives”) decision-making regarding a proposed restatement that will lead to a clawback of their incentives. I find that executives (i.e., CFOs, controllers, and treasurers) facing a lower quality auditor are less likely to agree with amending prior financial statements when a higher proportion of their pay is incentive-based. However, this tendency is reduced when executives face a higher quality auditor, indicating that higher quality auditors can act as effective monitors. My results identify an ex post unintended consequence of clawback regulation that could at least partially offset the benefits of the ex ante deterrent effects of clawbacks, and that could contribute to findings of less frequent restatements when clawback policies are in place. I discuss potential implications regarding the role of executives during restatement decisions and auditors' risk assessments in a clawback environment. Data Availability: Data are available from the author upon request.

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The Nature of Accounting Information Reliability: Inferences from Archival and Experimental Research

Accounting Horizons ◽

10.2308/acch.2006.20.4.399 ◽

2006 ◽

Vol 20 (4) ◽

pp. 399-425 ◽

Cited By ~ 71

Author(s):

Laureen A. Maines ◽

James M. Wahlen

Keyword(s):

Financial Reporting ◽

Experimental Research ◽

Research Evidence ◽

Accounting Information ◽

Financial Statement ◽

Empirical Literature ◽

Financial Reporting Standards ◽

Information Reliability ◽

Conducting Research

Reliability is an essential characteristic for accounting information to be useful for decision making. Reliability represents the extent to which the information is unbiased, free from error, and representationally faithful (FASB 1980). Despite the central role of reliability, it is a complex and elusive construct of accounting information. Reliability is difficult to specify precisely in accounting standards and practice, and it is difficult to examine directly with research. The primary goal of this paper is to better understand the nature of accounting information reliability by synthesizing archival and experimental research evidence within the context of a framework for accounting information usefulness. Greater understanding of the empirical literature on accounting information reliability should assist standard setters and regulators in establishing financial reporting standards, preparers and auditors in implementing standards, and financial statement users in evaluating accounting information reliability. Finally, greater understanding of reliability should assist academics in conducting research to produce new insights on reliability and in conveying the important role of reliability to students.

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