The Implication of Accrual Component of Earning on profitability of the Firms Listed in Tehran Stock exchange
Mohsen
Dastgir
استاد حسابداری و مدیریت مالی ـ دانشگاه آزاد واحد مبارکه اصفهان
author
Ehsan
Mehrjoo
کارشناس ارشد حسابداری
author
text
article
2012
per
Understanding the behavior of accruals is one of the most important goals of financial accounting research. Sloan (1996) shows that the accrual component of earning is less persistent than the cash component of earnings. In this research we follow the sloan research. We investigate the relationship between net operating assets and it's component with future earning.
In these analyses a sample data of 147 listed companies in Tehran stock exchange for the period of 1381 to 1386 has been used. We deflate our variables with beginning ne operating assets. And in the component of net prating asset, find a negative relationship between changes in efficiency and future earning and also we find negative relationship between working capital and future earning. But we couldn't find a significant relationship between sale's growths and net of non current operating assets with future earning.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
4
21
https://www.iaaaar.com/article_104665_ebbd3b5024508b191f411ec742563f40.pdf
dx.doi.org/10.22034/iaar.2012.104665
Dissensions in the Desirable Undergraduate Accounting
Curriculum among Accounting Educators, Auditors, Accountants and Recent Graduates of Accounting
Iraj
Noravesh
عضو هیات علمی و استاد دانشکده مدیریت دانشگاه تهران
author
Alireza
Mehrazeen
عضو هیات علمی و استادیار دانشگاه آزاد اسلامی، گروه حسابداری واحد نیشابور
author
Mohammad
Assarian
کارشناس ارشد حسابداری دانشگاه آزاد اسلامی واحد نیشابور
author
text
article
2012
per
This study scrutiny the offered changes in accounting curriculum. Therefore, in order to better prepare students for professional positions in today's complex, global market-place, the review viewpoints of accounting educators and accounting practitioners.
Survey questionnaires were distributed among 414 persons of a) accounting educators, b) auditors, c)
Accountants and d) recent graduates of accounting and were utilizable 280 of total questionnaires for the statistical analysis (67.6% response rate). Finally through a survey utilizing the Likert-scale, obtain the preferred accounting undergraduate curriculum from viewpoint accounting educators, auditors, accountants and recent graduates of accounting.
The study found that accounting educators, auditors, accountants and recent graduates of accounting agreed on Application of Computers in Business course as most significant and both Psychology and Sociology as least significant of basic courses. Intermediate Accounting 1, 2 were selected as most significant courses and Principles of Government Budgeting and Control as least significant of accounting elementary courses required be selected. Accounting Practical Software's and Accounting Information Systems(AIS) were selected as most significant and Islamic Accounting and Banking as least significant of new offered courses.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
22
41
https://www.iaaaar.com/article_104666_818d6954ab32ae69e70ae3f9ef276cf2.pdf
dx.doi.org/10.22034/iaar.2012.104666
The Relationship between Earnings Quality and Reformed Laws and Regulations in Public companies transformed through Privatization
Vida
Mojtahedzadeh
دانشیار حسابداری دانشگاه الزهرا"س"
author
Hamideh
Esna Ashari
دانشجوی دکتری حسابداری، دانشگاه الزهرا"س"
author
text
article
2012
per
This research, examines the relationship between corporate governance strategies and changes in legal framework and earnings' quality in previously public companies. The criteria selected for corporate governance strategies include ownership concentration, board of directors independency, management ownership, substantial ownership and auditor type; criteria considered for earnings quality are income informativeness, income predictability and accrual components of income. Thus, information from 38 companies listed on Tehran stock exchange was collected from 2003 to 2010 using certain traits (304 company-years). The panel data method was used to analyze the data and for testing the hypotheses, the minimum normal squares regression was applied. Results revealed that a significant relationship existed among all corporate governance strategies and changes in legal framework; ownership concentration, board independence and substantial ownership, and income predictability and board independence and audit type(quality) and the accruals of previously public entities.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
42
59
https://www.iaaaar.com/article_104668_d493a29f250162cf01bb00ac72ddaf37.pdf
dx.doi.org/10.22034/iaar.2012.104668
Investigating the Persistence of The Cash Component of Earnings
Hasan
Hemmati
استادیار حسابداری و عضو هیئت علمی مرکز آموزش عالی رجا قزوین
author
Naser
Partovi
عضو هیأت علمی موسسه آموزش عالی پرندک
author
Morteza
Habibi
کارشناس ارشد حسابداری مرکز آموزش عالی رجا قزوین
author
text
article
2012
per
This research investigates the persistence of the cash component of earnings. Prior research shows that the cash component of earnings was more persistent than the accrual component. The objective of research is to investigate the effective factors on the high persistence of the cash component of earnings. The result of this study shows that the higher persistence of the cash component is entirely due to the subcomponent related to capital providers, the other subcomponents have persistence levels almost identical to accruals.the research hypotheses are tested by the pooled regressions. the research sample consists 135 of listed firms in Tehran stock Exchange and the research period was during 2003-2008.the results confirms the earnings persistence and the higher persistence of the cash component relative to accrual component and the positive relationship between retained cash with future accruals.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
60
73
https://www.iaaaar.com/article_104669_658049f477634e283dd6c6269dd95a4d.pdf
dx.doi.org/10.22034/iaar.2012.104669
Stock Exchange and assignment practices stocks to the private sector
Mohammed Javad
Sheikh
عضو هیات علمی دانشگاه شاهد
author
Hoseyn
Jabbary
عضو هیات علمی دانشگاه آزاد اسلامی کاشان
author
Mohamad Bagher
Bakhshi Jouybary
کارشناسی ارشد حسابداری دانشگاه آزاد اسلامی کاشان
author
text
article
2012
per
Privatization policy aimed at improving the efficiency of activities, allocation of resources, expands popular participation in different sectors including manufacturing and business development plans is policy. بررسی وضعیت شرکتهای واگذار شده در بورس اوراق بهادار از مهمترین ابزار نظارتی می باشد که می تواند برنامه ریزان و سرمایه گذاران را برای اتخاذ تصمیمات مناسب یاری نماید. Survey companies vested in the stock exchange is the most important regulatory tools that can planners and investors to take appropriate decisions to help.
در این تحقیق سعی شده است عملکرد مالی شرکتهایی که به شیوه های بلوکی و تدریجی از طریق بورس اوراق بهادار به بخش خصوصی واگذار شده اند مورد بررسی و تحلیل قرار داده، و با مقایسه عملکرد مالی شرکتهای واگذار شده، روش مناسب جهت واگذاری به بخش خصوصی و زمینه ای مناسب جهت تصمیم گیری برای سرمایه گذاران ارائه دهد. The study has tried to financial performance of companies that block and gradual manner through the stock exchange have been privatized and analyzed the data reviewed, and compared the financial performance of companies assigned, a suitable method for transfer to the private sector and the appropriate underlying the decision to offer investors. روش تحقیق حاضر مقایسه ای گذشته نگر و از بعد هدف کاربردی می باشد و با استفاده از مدلهای محاسباتی و تکنیکهای آمار توصیفی، اطلاعات مورد تجزیه و تحلیل قرار گرفته است. Methods A retrospective study comparing objective and then is applied using computational models and techniques of descriptive statistics, data analysis has been.
جامعه آماری تحقیق، عبارت است شرکتهایی که در سال 1386 در اجرای سیاست خصوصی سازی از طریق بورس به شیوه های بلوکی و تدریجی به بخش خصوصی واگذار شده اند و لذا در دوران قبل و بعد از واگذاری عضو بورس اوراق بهادار بوده و دارای تداوم فعالیت می باشند، که شامل 21 شرکت( 11 شرکت به شیوه بلوکی و 10 شرکت به شیوه تدریجی) بوده است.که جهت مقایسه عملکرد مالی، اطلاعات مالی دو سال قبل و دو سال بعد(1384 لغایت 1388) شرکتهای مذکور از صورتهای مالی استخراج شده است. Statistical research community, which includes companies in 1386 in implementing the privatization policy through stock block and practices gradually been privatized and therefore during the before and after submission Stock Exchange member and has a continuing activities be, which includes 21 companies (11 companies and 10 companies block the way to the gradual approach) respectively. which to compare financial performance, financial information for two years before and two years later (1384 till 1388) of the companies financial statements have been extracted .
نتایج بدست آمده از مقایسه عملکرد مالی شرکتهای واگذار شده، بهبود عملکرد مالی شرکتهایی است که به شیوه بلوکی به بخش خصوصی واگذار شده اند. The results of comparing the financial performance of companies assigned to improve the financial performance of companies that block the way, have been privatized. لذا می توان واگذاری به شیوه بلوکی را روش مناسبتری جهت واگذاری به سازمان خصوصی سازی ارائه کرد و زمینه ای مناسب جهت اتخاذ تصمیم گیری درست و منطقی برای سرمایه گذاران می باشد. Therefore, practices can be transferred to the block assignment method suitable for presentation to the Privatization Organization, and the appropriate underlying the decision to adopt just and reasonable is for investors.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
74
87
https://www.iaaaar.com/article_104671_22b2dc703267e1f871c1f398b4ecf603.pdf
dx.doi.org/10.22034/iaar.2012.104671
Investigation the impact corporate governance structure on financial Performance and valuation in public firms
Vali
Khodadadi
استادیار حسابداری دانشگاه شهید چمران اهواز
author
Reza
Takor
کارشناس ارشد حسابداری اهواز
author
text
article
2012
per
This study investigates the effect of corporate governance mechanisms (includes, ownership concentration, institutional investors, state ownership, managerial ownership, percentage of independent directors and duality of the CEO and chairman of the board of directors) on financial Performance and valuation in public firms. A sample of 80 listed companies in Tehran Stock Exchange (TSE) for the period of 1384-1387 has been selected. Hypotheses have been tested using ordinary least square (OLS) with pooled data. The results show that, ownership concentration and state ownership have a positively and significantly impact on firm performance and valuation. Block institutional investor has a positive impact on valuation but have a negative impact on firm performance. Duality has a negative impact on valuation but have not impact on firm performance. Also, corporate governance mechanisms have a positively and significantly impact on firm performance and valuation.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
88
101
https://www.iaaaar.com/article_104673_3d5228aea7a1ed3e30c864c594e1eeaf.pdf
dx.doi.org/10.22034/iaar.2012.104673
Earning management through Timimg of long-lived assets sales
Yadollah
Tariverdi
استادیار دانشگاه آزاد اسلامی واحد تهران مرکزی ، ایران
author
Elham
Samarikhalaj
کارشناس ارشد حسابداری دانشگاه آزاد اسلامی واحد تهران مرکزی ، ایران
author
text
article
2012
per
Since management can set the time of real dealings such that its affects on the reported profit tend to decrease fluctuations of the reported profit and help gaining the expected profit, assets sales is believed to be one of the real dealings in all business companies. So, the aim of this research was to study whether managers manage profit through timing the long-lived assets sales? The companies admitted in Tehran Stock Exchange provide the statistical samples of this research. This is a causal-comparative research. T-Student Test is used to test the hypotheses. Firstly, using Covariance Analysis Test (Ancova), the relation between controlling variables and independent variables is found and the effect of controlling variables on independent variables is negated. The results of the research indicate that management has not done earning management through long-lived assets sales.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
102
115
https://www.iaaaar.com/article_104675_9fc8979cf6917fa0208e4c679c350367.pdf
dx.doi.org/10.22034/iaar.2012.104675
Survey of the relationship between Operating Earnings , accruals and Operating cash flows
Ghassem
Blue
عضو هیأت علمی گروه حسابداری دانشکده مدیریت و حسابداری دانشکاه علامه طباطبایی
author
Mohammad
Hasani
هیأت گروه حسابداری دانشگاه آزاد اسلامی واحد شمال
author
Ehsan
Farahani
کارشناس ارشد حسابداری دانشگاه آزاد اسلامی واحد تهران شمال
author
text
article
2012
per
This paper examines the properties of accruals, cash flows and earnings in firm listed on Tehran Stock Exchange(TSE). Using a sample of 135 firm through 1383 to 1387(675 firm-year observations).
Firm-years are ranked and assigned in equal numbers to the ten deciles. Decile 1 contains firms with extreme negative accruals (extreme positive cash flows) and decile 10 includes firms with extreme positive accruals (extreme negative cash flows)
We define ROA as operating earning, and accruals and cash flows are scaled by total assets too, as to control variables for firm scale.
We start from three hypotheses about persistence of earnings and its components.
First we find that the persistence of earnings is more than cash flows in high accruals
Second the persistence of earnings is more than cash flows in low accruals
And third after decomposing ROA into cash flows and accruals, the cash flow component of earning is more persistent than the accrual component of earnings
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
116
133
https://www.iaaaar.com/article_104677_564fdaf1a53ff59ebba0c5251f79d5a2.pdf
dx.doi.org/10.22034/iaar.2012.104677
Relationship between optional accruals and accounting conservatism
Mohammad Reza
Shorvarzi
استادیار گروه حسابداری دانشگاه آزاد اسلامی واحد نیشابور
author
Mohsen
Moradi
عضو هیأت علمی دانشگاه امام رضا (ع)
author
Ali
Rostami
عضو هیأت علمی دانشگاه آزاد اسلامی واحد نیشابور
author
text
article
2012
per
This inquiry is aimed at studying the relationship between "Unexpected Accruals " and "Accounting Conservatism " in the capital markets of Iran. The accruals in this inquiry are divided into the unexpected accruals and the expected accruals categories and are measured using Jones model. In order to examine the relationship between accruals (expected or unexpected) and conservatism Basu model is applied.
The suppositions made in this research are as follows:
Unexpected accruals hold a meaningful link with accounting conservatism.
Expected accruals have a meaningful link with accounting conservatism.
Expected and unexpected accruals represent accounting conservatism to a similar extent.
Considering the above suppositions, expected and unexpected accruals are the independent variables and conservatism is the dependent variable.
Based an a sample composed of 720 year-company among the corporations accepted in the stock exchange of Tehran between the years 1378 to 1386, the results suggest that the unexpected accruals have a meaningful relationship with accounting conservatism. on the other hand the analysis done in this study indicates absence of a meaningful relationship between the expected accruals and accounting conservatism.
Therefore it can be claimed that expected and unexpected accruals do not represent conservatism to a similar extent.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
4
v.
15
no.
2012
134
155
https://www.iaaaar.com/article_104679_5068d00841011cb5770dd111ffa7375f.pdf
dx.doi.org/10.22034/iaar.2012.104679