Oct.'18


The IUP Journal of Accounting Research and Audit Practices.

ISSN: 0972-690X

A peer reviewed journal indexed on Cabells Directory, and also distributed by EBSCO and Proquest Database

It is a quarterly journal that offers papers on Financial accounting, Management accounting, Accounting standards, Taxation, IT-accounting interface; R&D reporting biases and their consequences; Corporate disclosures and Standards of reporting reflecting better governance, Environmental accounting and reporting; Auditing research, Internal and external audits, Ethics in reporting, etc.

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Focus Areas
  • Financial Accounting
  • Management Accounting
  • Forensic Accounting
  • Accounting Standards
  • Taxation
  • IT Accounting Interfacing
  • Auditing
  • Corporate Disclosures
  • Internal Audit
  • Audit of Financial Statements
  • Audit Education
  • Cost Audit
  • Tax Audit
  • Audit Standards and Assurance
  • Social Audit
  • Environmental Audit
  • Quality Audit
CheckOut
Article   Price (₹) Buy
Earnings Management: Conceptual Framework and Research Developments
50
Leverage Effect on Earnings Management: Evidence from India
50
Board Efficiency and Internet Reporting Quality: An Empirical Study of Indian Public Sector Giants
50
Management Accounting: A Tool to Achieve Entrepreneurial Goals
50
A Note on Companies (Auditor's Report) Order, 2003 and 2015
50
       
Contents: (Oct. 2018)

Earnings Management: Conceptual Framework and Research Developments
Deepa Mangala and Mamta Dhanda

Financial reports are prepared to ensure timely availability of reliable information regarding companies' state of affairs to its users. But when financial statements fail to meet the information expectations of the stakeholders due to lack of qualitative characteristics (ICAI, 2000) like understandability, relevance, reliability, comparability and faithful representation, it raises a question mark on the authenticity of financial reports by corporate houses. The absence of true and fair financial reporting indicates the presence of manipulation in accounting numbers, which can be in the form of fraud, creative accounting and earnings management. Earnings management is modifying the reported accounting figures by using the discretion provided by the accounting standards in such a way that there is no impact on the overall value of the firm. Earnings management is the first step which, if not paid attention to, gets aggravated and becomes fraud. The present paper approaches earnings management keeping research developments and the concepts related to earnings management in view.


© 2018 IUP. All Rights Reserved.

Article Price : Rs.50

Leverage Effect on Earnings Management: Evidence from India
Nikhil Kaushik and Sunil Kumar

This study investigates the relationship between leverage and earnings management for Indian companies. Both the classifications of earnings management, i.e., Accruals Earnings Management (AEM) and Real Earnings Management (REM), are used in the study. For measuring AEM, cross-sectional Jones model and modified Jones model are used in the study, whereas to cover REM, the study considers models such as abnormal cash flow from operations and abnormal production cost. Panel data regression models are applied for the period from 2007 to 2017 on a sample size of 278 companies listed on Bombay Stock Exchange of India, taking S&P BSE 500 index as a benchmark (excluding banks and financial institutions). The results show no significant evidence of the role of leverage in earnings management for Indian companies as coefficients of the regression models are insignificant. The reason for insignificant results could be the implementation of revised Clause 49 of the Listing Agreement by Securities and Exchange Board of India (SEBI) in 2004, which brings fairness and reliability to financial reports of Indian companies.


© 2018 IUP. All Rights Reserved.

Article Price : Rs.50

Board Efficiency and Internet Reporting Quality: An Empirical Study of Indian Public Sector Giants
Harmandeep Singh and Arwinder Singh

The purpose of this paper is to examine the potential board efficiency factors that may affect the quality of internet reporting of the Indian public sector companies. The paper applies content analysis on 81 listed public sector Indian companies to examine the information disclosed on their websites. To test the efficiency of the board, board size, independence of the board, board meetings, and CEO-duality are included while controlling some firm-specific factors like size of the company, profitability, liquidity and industry sector. The regression analysis indicates that the board independence ratio, size, profitability, and industry sector have a significant influence on the total quality of internet reporting of Indian public sector companies. Whereas other variables such as board size, board meetings, CEO-duality and leverage of the companies do not affect the total internet reporting quality. Another notable finding of this study is that board meetings and leverage have a significant adverse impact on content disclosure quality of reporting. The findings indicate that public sector companies with small board size and lower debt are meant to disclose more information on their web pages. The results of the study are helpful for the government-owned companies while deciding the board structure, as the results suggest that board monitoring affects the quality of internet reporting.


© 2018 IUP. All Rights Reserved.

Article Price : Rs.50

Management Accounting: A Tool to Achieve Entrepreneurial Goals
C S Devendra Jarwal

Since entrepreneurship is essential for economic development, the policy makers are trying to boost entrepreneurial activity across the nation. It is found that one of the main reasons for the failure of a business is lack of proper exposure to the accounting process, especially usage of management accounting. Therefore, this study has been carried out with the objective to determine the role of management accounting in achieving the entrepreneurial goals. The study uses purposive sampling method for collection of data and chi-square test to test the hypothesis. The findings reveal that management accounting information leads to effective decision making, which is crucial for achieving the entrepreneurial goals.


© 2018 IUP. All Rights Reserved.

Article Price : Rs.50

A Note on Companies (Auditor's Report) Order, 2003 and 2015
Kabir


© 2018 IUP. All Rights Reserved.

Article Price : Rs.50

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