Value Relevance and Accounting Information
Hossein
Etemadi
Full Prof. Accounting, Faculty of Management & Economics, Tarbiat Modares University, Tehran, Iran
author
Sasan
Babaie
Ph.D. in Accounting, Faculty of Management & Economics, Tarbiat Modares University, Tehran, Iran
author
text
article
2018
per
Value relevance explains the relationship between accounting information and price or return of stocks. Value relevance studies measure usefulness of accounting information from the viewpoint of investors. Price regression and return regression are used to study value relevance of balance sheet numbers and earnings numbers, respectively. The coefficient obtained from the latter regression measures price to earnings sensitivity, which is called earnings response coefficient. Value relevance is one of the characteristics of earnings quality that other characteristics improve or deteriorate it. Both accounting numbers and behavioral bias from investors can affect this relationship.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
5
16
https://www.iaaaas.com/article_98705_1aeda67990f3f3163ab0437b7ecc60c9.pdf
An Examination of the Effect of the Debt Maturity Structure on Accounting Conservatism
Saber
Sheri Anaqiz
Associate Prof. of Accounting, Faculty of Accounting and Management, Allameh Tabataba’i University, Tehran, Iran.
author
Masoud
Hasani Alqar
Instructor of Accounting, Faculty of Humanities, Bozorgmehr University of Qaenat, Qaen, Iran.
author
text
article
2018
per
Conservatism is defined as requiring a higher degree of verification practiced by accountants to identify good news compared to bad news. The results of previous studies show that the decisions related to debt maturity are one of determining factors in accounting conservatism. Short maturity debt allows better control for managers because shorter maturity causes the incentives for renegotiations in order to extend the debt. Creditors sing a closer and more accurate contract with borrowers and can decide on extending or changing the terms after the clarification of company's performance during the first period. This article aims to study the effect of debt maturity structure on accounting conservatism. The statistical population consisted of all companies listed on Tehran Stock Exchange (TSE) from 2005 to 2014. Basu (1997) model was employed in this study to measure the accounting conservatism. In order to measure debt maturity, short-term to total debt ratio is used. Short-term debt is the one settled during one year. The results show that short-term debt maturity has a significant, negative impact on accounting conservatism. Firm size and discretionary accruals have a significant relationship with accounting conservatism. Cash flows are effective in accounting conservatism. The effectiveness of cash flows in accounting conservatism indicates the conservatism sensitivity to cash flows.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
17
30
https://www.iaaaas.com/article_98706_921e6dbe30fcdca7801370e46eb695d7.pdf
The Effect of Managerial Ability and Product Market Competition on Selling, General and Administrative Costs Stickiness of the Listed Companies
Seyed Abbas
Hashemi
Associate Professor of Accounting, Isfahan University, Isfahan, Iran
author
Maryam
Asghari
Martyr Ashrafi Isfahani University, Isfahan, Iran
author
Sahar
Sadrizade
Master of Accounting Martyr Ashrafi Isfahani University, Isfahan, Iran
author
text
article
2018
per
The aim of this study is to determine the effects of the ability to manage and compete in the product market on costs stickiness. Cost stickiness represents the asymmetry in the costs' behavior while increasing as well as reducing sales. In order to achieve the goal, 119 companies were selected, out of the ones listed in Tehran Stock- Exchange during the years 1387 to 1393, for the sample. The findings declare that the ability to manage the administrative, general and sale costs stickiness, is of no significant effect, but there is for the product market competition on costs stickiness.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
31
44
https://www.iaaaas.com/article_98707_e209a6d413c51d3df731e57207d18913.pdf
Fraud in the Financial Statement: the Need for a Paradigm Shift to Forensic Accounting
Hossein
Fakhari
Associate Professor in accountiny of Mazandaran University,Iran
author
Vahid
Oskou
PH.D Student in accountiny of Mazandaran University and Faculty Member of Gonbad Kavous University, Iran
author
text
article
2018
per
Social indemnity of frauds in recent decades from the financial losses and public confidence aspects on the health of economic system has been extremely heavy. This outcomes, incurred many and heavy costs on corporation and causes to reduce public trust an ultimately reduce investments in the capital market. This facts and events need to change the pattern of accounting and auditing the basis of court accounting is followed. According, present Article planed to review how the change to the court accounting and improvement process of the court accounting and also to survey wether teaching of this type of accounting could reduce frauds in the financial statements and increase reliance to the audifed financial statements. Findings shows that shifting paradigm in court accounting may increase the chance of prevent and defect frauds in the financial statement. Also the review of researches in other countries has shown that integration and inclusion of court accounting in accounting education programs can be useful to orientation reduce future frauds. This findings requires to change in the context of International Accounting Standard No. 240 (ISA 240) and Iranian Auditing Standard No 240 that cause to increase the scope of responsibility of auditors. Changes that can reduce the occurrence of fraud and scams.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
45
60
https://www.iaaaas.com/article_98708_2dd6dae08c9adcf3a44023053f5720cc.pdf
Performance Evaluation Criteria in Different Ownership Structure of Listed Companies in Tehran Stock Exchange
Abdorreza
Asadi
Assistant Professor of Finance, Department of Management, Neyshabur Branch, Islamic Azad University, Neyshabur, Iran
author
text
article
2018
per
The objective of present study is to investigate the relationship of ownership structure and performance evaluation criteria for listed companies in Tehran Stock Exchange. One way ANOVA and Tukey test in used to test the research hypotheses. The sample companies contain 102 listed firms over a five year period from 2010 to 2014. The result indicates that the main hypothesis, stating that performance evaluation criteria are significantly different among various ownership structures, is accepted. The findings of sub-hypotheses reveal that return on asset, return on equity, market to book value and market value added are significantly different among various ownership structures.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
61
76
https://www.iaaaas.com/article_98709_cade2edf855ef8a70a4d0b16ba2427b1.pdf
The Role of Organizational Culture in the Selection of Financial Strategies by Financial Managers
Majid
Mordi
PhD Student of Accounting, University of mazandaran, Faculty of Accounting Higher Education Institute Naser Khosrow Save, Iran
author
text
article
2018
per
One of the most important tasks managers, decision, decision - making in any circumstances requires an understanding of organizational culture and its potential interaction with the decisions of the management, on the grounds that the organizational culture, common values and beliefs in an organization comes into existence and behaviour, which leads the organisation and can play an important role in choosing the financial strategies. If an organization's culture by selecting the strategy that managers are adopted in the conflict in the process of the operational violent disorder and sometimes as a result of the risk, and the lack of proper management, these risks could lead to the destruction and bankruptcy. The problem is that the choice of financial strategies by financial managers as the internal factor and organizational culture as exogenous, if organizational culture is a static, but managers financial strategies that are chosen bold strategies, or vice versa, organizational culture, but a dynamic company managers financial strategies conservative, choose, this type of choosing financial strategies, regardless of organizational culture will lead to failure. why should managers in the selection of financial strategies to the values and criteria organizational culture. This article of the organizational culture and models and factors affecting the organizational culture, then explained different types of financial strategies describe and, ultimately, with the creation of the factors that hybrid model on organizational culture, in the choice of all kinds of financial strategies are role.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
77
92
https://www.iaaaas.com/article_98710_cab3902ad2a7438de1ce8c858150f2cf.pdf
The Impact of Working Capital on Profitability in the Business
Hadi
Arshiannejad
Master of Accounting, Damavand University, Tehran, Iran
author
Zahra
Poorzamani
Department of Accounting, Associate Professor, Central Tehran Branch, Islamic Azad University, Tehran, Iran
author
Azita
Jahanshad
Department of Accounting, Associate Professor, Central Tehran Branch, Islamic Azad University, Tehran, Iran
author
text
article
2018
per
Working capital is one of the most important issues in the field of accounting and financial management, because this greatly affects the profitability and the risk of the company and sometimes the continuity of its activity. Applying proper management of working capital and preventing loss of cash and inventory resources will improve performance and profitability, thus creating value in the company. In this study, the effect of various components of working capital, such as inventory conversion cycle and cash flow dynamics, has been tested in most of the four main hypotheses in in Tehran Stock Exchange over the years 2001 to 2015, to examine the effect of capital investment And its components. To test the hypotheses, the correlation analysis between dependent variable and independent variables and modeling based on multiple regression models has been used. The results of the research indicate that there is a meaningful relationship between the components of working capital and profitability.
Accounting and Auditing Studies
License Holder:
Iranian Accounting Association
Director & Editor-in-chief:
Ali Saghafi(Ph.D)
Director & Secretary General:
Naser Partovi
Editorial Assistant:
Maryam Asgharzadeh Badr
22520864
7
v.
26
no.
2018
93
104
https://www.iaaaas.com/article_98711_b2ea605259088c96f649845442f4522b.pdf