This paper is based on the samples of listed manufacturing companies of China, taking the financial performance as criterion, and then does research on the firm performance with different internal auditing modes, usin...This paper is based on the samples of listed manufacturing companies of China, taking the financial performance as criterion, and then does research on the firm performance with different internal auditing modes, using Cross-sectional data to analyze the distribution of internal auditing modes and the characteristics of the firm performance. The conclusion is that setting up internal auditing is good for the development of companies, but the function of internal auditing has not been widelv fulfilled.展开更多
With the rapid development of economy and constant improvement of social market economy system, the trade between countries is becoming more frequent and the competition is more intensified. As the main body of econom...With the rapid development of economy and constant improvement of social market economy system, the trade between countries is becoming more frequent and the competition is more intensified. As the main body of economy market, enterprises＇ competition is also expanding and strengthening, and fierce competition makes the disadvantaged enterprise withdrawal and also promotes the new enterprise. But the growing enterprise wants to grow sturdily, which is affected by many factors. It needs to face many challenges and cope with various problems. Some problems may not be in place, and they can not find any guidance examples, and this needs enterprise to analyze and choose. Slightly careless, emerging enterprises will be nipped in the cradle. This paper analyzes the operation management mode for the growing enterprise, based on this, it finds out the operation concept and proper operation mode suitable for the long-term development of enterprise, inorder to provide help for relevant stat^t：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
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
Nowadays, earnings management is a hot issue, but most of the researches focus on the incentives of earnings management and few of them refer to the effect of audit quality on earnings management. In this study, we di...Nowadays, earnings management is a hot issue, but most of the researches focus on the incentives of earnings management and few of them refer to the effect of audit quality on earnings management. In this study, we directly examine the effect of external audit quality on earnings management by using discretionary accruals. We find that the discretionary accruals of non-dual audit companies are significantly greater than those of dual audit companies. We also find that clients of non-First Ten auditors intend to report greater discretionary accruals than those of First Ten auditors.展开更多
Present investigation was carried out to study the factors which affect milk production of dairy cattle in Labuduwa, Rathgama and Yakkalamulla veterinary ranges in Galle district, Sri Lanka. Breed type of cattle, inse...Present investigation was carried out to study the factors which affect milk production of dairy cattle in Labuduwa, Rathgama and Yakkalamulla veterinary ranges in Galle district, Sri Lanka. Breed type of cattle, insemination method, sex of the calves, milk production of mother cows, rearing methods and ectoparasitic tick infestations were studied. The studied cattle were belonged to cross breeds of Jersey, Friesian, Sahiwal and AFS （Australian friesian sahiwal）and Jersey was the most common breed. Sahiwal and AFS breeds tend to produce more male calves under artificial insemination. The milk production of mother cows reared under semi intensive management system was high （p 〈 0.05）. In addition, results revealed that the milk production of artificially inseminated mother cows was higher than that of the naturally bred mother cows （p 〉 0.05）. Boophillus decolaratus was the only tick species present on studied calves with low percentage abundance （14.54%） of male ticks compared to that of female ticks （85.45%）. Tick abundance was high in calves reared under free range management system. The tick abundance was high in Labuduwa range than Rathgama range （p 〉 0.05）. According to the findings of the present study, the effect of the cattle management system has considerable impacts on milk production and tick infestations of dairy cattle in studied veterinary ranges in Galle district.展开更多
Fine cost management is a systematic, refined, and dynamic management method. This paper provides us the background and meanings of fine cost management, it defines and analyzes the connotation of fine cost management...Fine cost management is a systematic, refined, and dynamic management method. This paper provides us the background and meanings of fine cost management, it defines and analyzes the connotation of fine cost management in detail.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
Private security companies through the services they provide complement the police in crime prevention, order maintenance, and general improvement of security in societies thereby contributing to sustainable national ...Private security companies through the services they provide complement the police in crime prevention, order maintenance, and general improvement of security in societies thereby contributing to sustainable national development In order to fully benefit from their contribution and prevent them from engaging in illegal activities, states formulate and enforce policies that seek to regulate their activities. This paper examines the regulation of private guards companies in Nigeria using Abuja as its empirical core. The main aim is to promote understanding of how the private security industry is regulated and evaluate the effectiveness of the existing regulatory policy. Data for the paper were generated from in-depth interviews with the NSCDC （Nigeria Security and Civil Defence Corps）, analysis of the policy for PSCs （private security companies）, and a review of the annual performance report of the regulatory agency. The results revealed that the current system of PSC regulation is characterized by a lack of specialty classification of private security licences, limited regulatory scope with a focus on licensing of companies, lack of uniform standards on training, and high cost/difficulties in obtaining operational license. The paper concludes that the current regulatory setup for PSCs in Nigeria is ineffective and unsustainable and recommends an urgent review of the legal framework to alien its provisions with global standards and practices in the private security industry.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
基金This paper is supported by National Natural Science Foundation of China （NoL70372028）, the ＂Projects 985＂ and ＂Projects 211＂ of Nankai University. It＇s the authors＇ responsibility to stand the errors in this paper..
文摘This paper is based on the samples of listed manufacturing companies of China, taking the financial performance as criterion, and then does research on the firm performance with different internal auditing modes, using Cross-sectional data to analyze the distribution of internal auditing modes and the characteristics of the firm performance. The conclusion is that setting up internal auditing is good for the development of companies, but the function of internal auditing has not been widelv fulfilled.
文摘With the rapid development of economy and constant improvement of social market economy system, the trade between countries is becoming more frequent and the competition is more intensified. As the main body of economy market, enterprises＇ competition is also expanding and strengthening, and fierce competition makes the disadvantaged enterprise withdrawal and also promotes the new enterprise. But the growing enterprise wants to grow sturdily, which is affected by many factors. It needs to face many challenges and cope with various problems. Some problems may not be in place, and they can not find any guidance examples, and this needs enterprise to analyze and choose. Slightly careless, emerging enterprises will be nipped in the cradle. This paper analyzes the operation management mode for the growing enterprise, based on this, it finds out the operation concept and proper operation mode suitable for the long-term development of enterprise, inorder to provide help for relevant stat^t：
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.
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Nowadays, earnings management is a hot issue, but most of the researches focus on the incentives of earnings management and few of them refer to the effect of audit quality on earnings management. In this study, we directly examine the effect of external audit quality on earnings management by using discretionary accruals. We find that the discretionary accruals of non-dual audit companies are significantly greater than those of dual audit companies. We also find that clients of non-First Ten auditors intend to report greater discretionary accruals than those of First Ten auditors.
文摘Present investigation was carried out to study the factors which affect milk production of dairy cattle in Labuduwa, Rathgama and Yakkalamulla veterinary ranges in Galle district, Sri Lanka. Breed type of cattle, insemination method, sex of the calves, milk production of mother cows, rearing methods and ectoparasitic tick infestations were studied. The studied cattle were belonged to cross breeds of Jersey, Friesian, Sahiwal and AFS （Australian friesian sahiwal）and Jersey was the most common breed. Sahiwal and AFS breeds tend to produce more male calves under artificial insemination. The milk production of mother cows reared under semi intensive management system was high （p 〈 0.05）. In addition, results revealed that the milk production of artificially inseminated mother cows was higher than that of the naturally bred mother cows （p 〉 0.05）. Boophillus decolaratus was the only tick species present on studied calves with low percentage abundance （14.54%） of male ticks compared to that of female ticks （85.45%）. Tick abundance was high in calves reared under free range management system. The tick abundance was high in Labuduwa range than Rathgama range （p 〉 0.05）. According to the findings of the present study, the effect of the cattle management system has considerable impacts on milk production and tick infestations of dairy cattle in studied veterinary ranges in Galle district.
文摘Fine cost management is a systematic, refined, and dynamic management method. This paper provides us the background and meanings of fine cost management, it defines and analyzes the connotation of fine cost management in detail.
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.
文摘Private security companies through the services they provide complement the police in crime prevention, order maintenance, and general improvement of security in societies thereby contributing to sustainable national development In order to fully benefit from their contribution and prevent them from engaging in illegal activities, states formulate and enforce policies that seek to regulate their activities. This paper examines the regulation of private guards companies in Nigeria using Abuja as its empirical core. The main aim is to promote understanding of how the private security industry is regulated and evaluate the effectiveness of the existing regulatory policy. Data for the paper were generated from in-depth interviews with the NSCDC （Nigeria Security and Civil Defence Corps）, analysis of the policy for PSCs （private security companies）, and a review of the annual performance report of the regulatory agency. The results revealed that the current system of PSC regulation is characterized by a lack of specialty classification of private security licences, limited regulatory scope with a focus on licensing of companies, lack of uniform standards on training, and high cost/difficulties in obtaining operational license. The paper concludes that the current regulatory setup for PSCs in Nigeria is ineffective and unsustainable and recommends an urgent review of the legal framework to alien its provisions with global standards and practices in the private security industry.
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.
