haku: @author Peasnell, K.V. / yhteensä: 5
viite: 5 / 5
« edellinen | seuraava »
| Tekijä: | Lin, Y.C. Peasnell, K.V. |
| Otsikko: | Asset revaluation and current cost accounting: UK corporate disclosure decisions in 1983 |
| Lehti: | British Accounting Review
2000 : JUN, VOL. 32:2, p. 161-187 |
| Asiasana: | Cost accounting Companies Disclosure Decision making United Kingdom Europe |
| Kieli: | eng |
| Tiivistelmä: | Accountants have long disputed whether financial statements should report current values and the effects of price changes. Indeed, 2 kinds of adjustment are often confused. This study examines the asset revaluation and Current Cost Accounting (CCA) disclosure decisions of U.K. firms in 1983, using a costly contracting framework. It is found the 2 decisions appear to have been taken for very different reasons and to be largely unrelated, even though the resultant measures overlapped to a non-trivial degree. The 2 common factors were that revaluers and CCA disclosers both tended to be large and to have revalued in the previous 2 yrs. Indebtedness was positively related to revaluation and negatively to CCA disclosure. Current Cost Accounting disclosure was also positively correlated with profitability and fixed asset intensity, whereas revaluation was not. |
« edellinen | seuraava »
SCIMA