Artikel
Constructing accounting uncertainity estimates variable
This paper presents research results on the BIH firms' financial reporting quality, utilizing empirical relation between accounting conservatism, generated in created critical accounting policy choices, and management abilities in estimates and prediction power of domicile private sector accounting. Primary research is conducted based on firms' financial statements, constructing CAPCBIH (Critical Accounting Policy Choices relevant in B&H) variable that presents particular internal control system and risk assessment; and that influences financial reporting positions in accordance with specific business environment. I argue that firms' management possesses no relevant capacity to determine risks and true consumption of economic benefits, leading to creation of hidden reserves in inventories and accounts payable; and latent losses for bad debt and assets revaluations. I draw special attention to recent IFRS convergences to US GAAP, especially in harmonizing with FAS 130 Reporting comprehensive income (in revised IAS 1) and FAS 157 Fair value measurement. CAPCBIH variable, resulted in very poor performance, presents considerable lack of recognizing environment specifics. Furthermore, I underline the importance of revised ISAE and re-enforced role of auditors in assessing relevance of management estimates.
- Sprache
-
Englisch
- Erschienen in
-
Journal: e-Finanse: Financial Internet Quarterly ; ISSN: 1734-039X ; Volume: 8 ; Year: 2012 ; Issue: 3 ; Pages: 62-75 ; Rzeszów: University of Information Technology and Management
- Klassifikation
-
Wirtschaft
Accounting
- Thema
-
accounting conservatism
APC
fair value measurement
risk assessment
uncertainties
Rechnungswesen
Fair-Value-Bilanzierung
IFRS
Risiko
Bosnien-Herzegowina
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Serdarevic, Nino
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Information Technology and Management
- (wo)
-
Rzeszów
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Serdarevic, Nino
- University of Information Technology and Management
Entstanden
- 2012
Ähnliche Objekte (12)
Constructing UK core inflation
Integration of Green Accounting Into Romanian Accounting System
Accounting in cloud
Predicting financial distress: Importance of accounting and firm-specific market variables for Pakistan' s listed firms
The effect of good corporate governance mechanisms on accounting conservatism with leverage as a moderating variable
A fundamentalist perspective on accounting and implications for accounting research
Constructing divisia monetary aggregates for Singapore
(De)constructing pornography: feminisms in conflict
An accounting system to support process improvements: Transition to lean accounting
Accounting Regulation in Ukraine
Accounting for economic sociology
Constructing Girlhood : Mädchenzeitschriften in England, 1920-1939
Constructing UK core inflation
Integration of Green Accounting Into Romanian Accounting System
Accounting in cloud
Predicting financial distress: Importance of accounting and firm-specific market variables for Pakistan' s listed firms
The effect of good corporate governance mechanisms on accounting conservatism with leverage as a moderating variable
A fundamentalist perspective on accounting and implications for accounting research
Constructing divisia monetary aggregates for Singapore
(De)constructing pornography: feminisms in conflict
An accounting system to support process improvements: Transition to lean accounting
Accounting Regulation in Ukraine
Accounting for economic sociology
Constructing Girlhood : Mädchenzeitschriften in England, 1920-1939
Constructing UK core inflation
Integration of Green Accounting Into Romanian Accounting System
Accounting in cloud
Predicting financial distress: Importance of accounting and firm-specific market variables for Pakistan' s listed firms
The effect of good corporate governance mechanisms on accounting conservatism with leverage as a moderating variable
A fundamentalist perspective on accounting and implications for accounting research
Constructing divisia monetary aggregates for Singapore
(De)constructing pornography: feminisms in conflict
An accounting system to support process improvements: Transition to lean accounting
Accounting Regulation in Ukraine
Accounting for economic sociology