5 Matching Results

Results open in a new window/tab.

The Relationship of Alternative Accounting Signals to Market Beta and to Changes in Security Prices (open access)

The Relationship of Alternative Accounting Signals to Market Beta and to Changes in Security Prices

One of the critical issues that face the accounting profession today involves choosing among alternative accounting information modes. This dissertation provides comparative empirical evidence on the predictive power of accrual-based accounting signals versus cash-flow accounting signals versus both of these signals jointly. The empirical hypotheses compare the degrees of association between the market evaluative criteria, market beta and security price behavior, and the different accounting signals. The research methodology employed includes the following. 1. Market beta and changes in security prices are used as the evaluative criteria. 2. Two regression models are developed and used to test the predictive power of the alternative accounting signals. 3. Several specifications for each model are used. These specifications are simple regression, multiple regression, interaction effect, partial correlation, incremental correlation, and time series and cross sectional analysis.
Date: December 1983
Creator: Hammad, Ahmed-Hany B.
System: The UNT Digital Library
An Empirical Investigation into the Information Content of Financial Accounting Standards Board Statement No. 33 Current Cost Reporting Requirement (open access)

An Empirical Investigation into the Information Content of Financial Accounting Standards Board Statement No. 33 Current Cost Reporting Requirement

The purpose of this study was to determine the informational value of FASB Statement No. 33 current cost disclosures using the analytical technique of industry-wide decomposition analysis. The industry-wide decomposition model was used to measure the informational content of both the historical cost balance sheets (reported in the firm's annual reports) and the current cost balance sheets (prepared from the current cost disclosures) of firms in the Electric Services and Retailers industries. The two measures were then compared to determine the informational value of FASB Statement No. 33 current cost disclosures.
Date: May 1983
Creator: Gillett, John W. (John Willis)
System: The UNT Digital Library
A Theoretical and Empirical Investigation into the Application af a Cash-Flow Accounting System (open access)

A Theoretical and Empirical Investigation into the Application af a Cash-Flow Accounting System

The objective of this research is to make a theoretical and empirical investigation into the application of a cashflow accounting system. The theoretical investigation provides a definition for cash-flow accounting; it also examines the major arguments for a cash-flow reporting system. Three hypotheses are proposed for testing. The first states that during periods of changing prices, performance indicators that are based on the conventional accrual accounting will diverge from performance indicators that are based on cash-flow accounting and will continue to diverge over time. The second states that this divergence will disappear if the effects of inflation are partialled out. The third states that cash-flow statements, properly interpreted, will enable users to predict business failure.
Date: December 1983
Creator: Habib, Abo-El-Yazeed Tawfik
System: The UNT Digital Library
An Analysis of Audit Risk in Associating with Reserve Information of Oil and Gas Companies (open access)

An Analysis of Audit Risk in Associating with Reserve Information of Oil and Gas Companies

This research was designed to investigate the relationship between audit risk and the conduct of the audit engagement in the specific context of an oil and gas audit. Because reserve estimates are in the financial reports of oil and gas entities (in the depreciation, depletion and amortization calculation, the limitation on capitalized costs for companies using the full-cost method, and the required supplementary disclosure for companies subject to Securities and Exchange Commission requirements) and because the reserve estimation process is considerably affected by numerous factors, there is a chance that a material error could be incorporated into the financial statement representations with which the auditor is associated. The objective of the research was to (1) identify conditions which are important in an assessment of audit risk in associating with reserve estimates, and (2) determine the impact of some of these conditions on the conduct of the audit.
Date: December 1983
Creator: Lee, Patsy Linn
System: The UNT Digital Library
An Analysis of the Success and Failure Factors of Accounting Graduates from Predominantly Black Colleges and Universities Who are Employed by Big Eight Accounting Firms (open access)

An Analysis of the Success and Failure Factors of Accounting Graduates from Predominantly Black Colleges and Universities Who are Employed by Big Eight Accounting Firms

The major thrust of this study is to identify factors that contribute to turnover of black accountants in public accounting and to identify the factors that lead to the success or failure of black accountants. This research was limited to the eight largest national public accounting firms in the United States (the Big Eight). Open-ended questions about the reasons for (1) turnover of black accountants in public accounting firms, (2) success of black accountants in public accounting firms, and (3) failure of black accountants in public accounting firms were presented to three groups of respondents. The population includes (1) personnel managers and supervising personnel in Big Eight firms, (2) black accountants who are either presently or were previously employed by Big Eight firms, and (3) accounting faculty members at predominantly black institutions.
Date: August 1983
Creator: Marshall, Clifford L. (Clifford Leon)
System: The UNT Digital Library