With the steady development of China＇s economic policy and social secu- rity system, social security fund has become more and more important. Therefore, in the process of establishing and implementing social security...With the steady development of China＇s economic policy and social secu- rity system, social security fund has become more and more important. Therefore, in the process of establishing and implementing social security system, the status of the accounting system of social security fund has become particularly prominent. The existing problems in the system were discussed and corresponding reform ideas were proposed by analyzing the current situation of the social security fund accounting system.展开更多
This paper investigates the forensic and investigative accounting services provided by the ＂Big Four＂ accounting firms. The purpose of this study is to show the full image of forensic and investigative accounting se...This paper investigates the forensic and investigative accounting services provided by the ＂Big Four＂ accounting firms. The purpose of this study is to show the full image of forensic and investigative accounting services offered by the top accounting firms in the post-Enron era. Section 3 and 4 present the findings of this study. The countries and regions where the services of forensic accounting are offered by these firms and the detailed services provided by them in Australia, Canada, USA, and UK are illustrated in these sections. Section 5 provides the conclusions and summary of findings of this study.展开更多
This paper points out the drawbacks of traditional financial governance. After introducing Chinese and western economists＇ researches on firm financial governance theory, we put forward modern finn financial governan...This paper points out the drawbacks of traditional financial governance. After introducing Chinese and western economists＇ researches on firm financial governance theory, we put forward modern finn financial governance system, which is based on the core of finance-rights allocation. In our opinion, the theory of finance-rights is the important cornerstone of the theory of financial finance-rights theory. Financial governance structure system is the basic framework of the research of financial governance.展开更多
The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed companies is in the ...The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed companies is in the small-profit zone or in the large-loss zone, the probabilities that they get modified audit opinions increase. But the right-offering zone, accrual accounts and accounts below the line have no significant effects on the modified audit opinions. Besides, the author also finds that the ratio of accounts receivable to asset, debt ratio, previous year＇s audit opinion and change of CPA firms have significant positive effects on the modified audit opinions, while the ratio of major business revenue and size of companies have no notable effects. Some other factors such as cash ratio, age of the listing and CPA firm ranking have no consistent and continuous effects.展开更多
In multi-action situation, there are losses of efficiency due to noise effect and incongruity effect. To isolate noise effect, we prove that the loss of efficiency is zero if and only if the objective of the principal...In multi-action situation, there are losses of efficiency due to noise effect and incongruity effect. To isolate noise effect, we prove that the loss of efficiency is zero if and only if the objective of the principal is a linear representation of the performance measures when the performance measures are noiseless. Using this result, several definitions of incongruity are given. Our definitions extend the single performance definition given in Feltham and Xie （1994） to multiple performance measures situation, and reconcile the conflict between the definition given in Datar et al. （2001） and that in Feltham and Xie （1994）. A numeric example is analyzed to show the way that the variances of measures and correlation coefficient between measures affect the utility of the principal.展开更多
The paper studies the historical development of costing systems. The changes of costing systems are proposed to be caused by the changes in product market, production technology and demand for control. The result of t...The paper studies the historical development of costing systems. The changes of costing systems are proposed to be caused by the changes in product market, production technology and demand for control. The result of this research provides historical evidence to support the proposition.展开更多
文摘With the steady development of China＇s economic policy and social secu- rity system, social security fund has become more and more important. Therefore, in the process of establishing and implementing social security system, the status of the accounting system of social security fund has become particularly prominent. The existing problems in the system were discussed and corresponding reform ideas were proposed by analyzing the current situation of the social security fund accounting system.
文摘This paper investigates the forensic and investigative accounting services provided by the ＂Big Four＂ accounting firms. The purpose of this study is to show the full image of forensic and investigative accounting services offered by the top accounting firms in the post-Enron era. Section 3 and 4 present the findings of this study. The countries and regions where the services of forensic accounting are offered by these firms and the detailed services provided by them in Australia, Canada, USA, and UK are illustrated in these sections. Section 5 provides the conclusions and summary of findings of this study.
文摘This paper points out the drawbacks of traditional financial governance. After introducing Chinese and western economists＇ researches on firm financial governance theory, we put forward modern finn financial governance system, which is based on the core of finance-rights allocation. In our opinion, the theory of finance-rights is the important cornerstone of the theory of financial finance-rights theory. Financial governance structure system is the basic framework of the research of financial governance.
文摘The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed companies is in the small-profit zone or in the large-loss zone, the probabilities that they get modified audit opinions increase. But the right-offering zone, accrual accounts and accounts below the line have no significant effects on the modified audit opinions. Besides, the author also finds that the ratio of accounts receivable to asset, debt ratio, previous year＇s audit opinion and change of CPA firms have significant positive effects on the modified audit opinions, while the ratio of major business revenue and size of companies have no notable effects. Some other factors such as cash ratio, age of the listing and CPA firm ranking have no consistent and continuous effects.
基金This paper is part of National Natural Science Foundation of China （Program No. 70272011）.
文摘In multi-action situation, there are losses of efficiency due to noise effect and incongruity effect. To isolate noise effect, we prove that the loss of efficiency is zero if and only if the objective of the principal is a linear representation of the performance measures when the performance measures are noiseless. Using this result, several definitions of incongruity are given. Our definitions extend the single performance definition given in Feltham and Xie （1994） to multiple performance measures situation, and reconcile the conflict between the definition given in Datar et al. （2001） and that in Feltham and Xie （1994）. A numeric example is analyzed to show the way that the variances of measures and correlation coefficient between measures affect the utility of the principal.
文摘The paper studies the historical development of costing systems. The changes of costing systems are proposed to be caused by the changes in product market, production technology and demand for control. The result of this research provides historical evidence to support the proposition.
