Segment disclosures have become an integral part of overall corporate disclosures aiming at improving the quantum and quality of financial information available in the hands of various stakeholders of firms. The discl...Segment disclosures have become an integral part of overall corporate disclosures aiming at improving the quantum and quality of financial information available in the hands of various stakeholders of firms. The disclosures leave more valuable information in the hands of investors to be used in appraising the performance of firm as a whole and its constituents. In view of changing customer and geographic profile of software industry situated in India, the present paper evaluates the segment reporting practices of listed IT firms which are required to comply with the mandatory Indian Accounting Standard No. 17 on Segment Reporting. The analysis finds a yawning gap between the prescriptions of the standard and actual reporting practices. Firms fail miserably in providing voluntary segment information which could be of shareholders value. With the ushering in of International Financial Reporting Standard ｜IFRS] regime in India in 2011, a qualitative improvement may be seen in the days ahead.展开更多
As an important component of the multi-level capital market, the growth enterprise market plays an important role in improving China＇s capital market. The GEM listed companies in information technology industry as an...As an important component of the multi-level capital market, the growth enterprise market plays an important role in improving China＇s capital market. The GEM listed companies in information technology industry as an example, from the four aspects of the profit quality of listed companies, asset quality, growth quality, solvency, calculation of 83 listed companies of the weighted rate of return on net assets, net operating rate of 12 financial indicators, and through the SPSS21.0 analysis results of factor analysis, comprehensive evaluation the formation of the information technology industry, the financial quality of the gem, to provide a scientific basis for the decision to GEM listed companies healthy development.展开更多
to actively promote corporate financial management information technology is not only to explore effective ways to centralized management of enterprise funds, but also in strengthening corporate governance, deepening ...to actively promote corporate financial management information technology is not only to explore effective ways to centralized management of enterprise funds, but also in strengthening corporate governance, deepening of enterprise reform. Standardizing the process of establishing a modern enterprise system is an important work. Especially with the deepening of the reform of state-owned enterprises and China＇ s accession to the WTO, and actively promoting financial management information technology, they not only help to strengthen internal financial management and financial monitoring. Thereby it can improve capital efficiency and achieve risk control, but also it has a very important practical significance and far-reaching strategic significance in enhancing the core competitiveness of Chinese enterprises to actively participate in international competition. This paper analyses the financial management of the enterprise information technology problems and also come up to speed up strategies of the corporate financial management information technology.展开更多
文摘Segment disclosures have become an integral part of overall corporate disclosures aiming at improving the quantum and quality of financial information available in the hands of various stakeholders of firms. The disclosures leave more valuable information in the hands of investors to be used in appraising the performance of firm as a whole and its constituents. In view of changing customer and geographic profile of software industry situated in India, the present paper evaluates the segment reporting practices of listed IT firms which are required to comply with the mandatory Indian Accounting Standard No. 17 on Segment Reporting. The analysis finds a yawning gap between the prescriptions of the standard and actual reporting practices. Firms fail miserably in providing voluntary segment information which could be of shareholders value. With the ushering in of International Financial Reporting Standard ｜IFRS] regime in India in 2011, a qualitative improvement may be seen in the days ahead.
文摘As an important component of the multi-level capital market, the growth enterprise market plays an important role in improving China＇s capital market. The GEM listed companies in information technology industry as an example, from the four aspects of the profit quality of listed companies, asset quality, growth quality, solvency, calculation of 83 listed companies of the weighted rate of return on net assets, net operating rate of 12 financial indicators, and through the SPSS21.0 analysis results of factor analysis, comprehensive evaluation the formation of the information technology industry, the financial quality of the gem, to provide a scientific basis for the decision to GEM listed companies healthy development.
文摘to actively promote corporate financial management information technology is not only to explore effective ways to centralized management of enterprise funds, but also in strengthening corporate governance, deepening of enterprise reform. Standardizing the process of establishing a modern enterprise system is an important work. Especially with the deepening of the reform of state-owned enterprises and China＇ s accession to the WTO, and actively promoting financial management information technology, they not only help to strengthen internal financial management and financial monitoring. Thereby it can improve capital efficiency and achieve risk control, but also it has a very important practical significance and far-reaching strategic significance in enhancing the core competitiveness of Chinese enterprises to actively participate in international competition. This paper analyses the financial management of the enterprise information technology problems and also come up to speed up strategies of the corporate financial management information technology.
