Increasing the Transparency and Information Content of Financial Statements Using Sparklines

2009 ◽  
Author(s):  
Daniel Tinkelman
Keyword(s):  
Information Content ◽  
Financial Statements

Disclosure of interim review reports: Do interim going concern conclusions have information content?

2021 ◽  
Author(s):  
Matthew Grosse ◽  
Tom Scott
Keyword(s):  
Information Content ◽  
Annual Report ◽  
Market Reaction ◽  
Financial Statements ◽  
Relevant Information ◽  
Audit Opinion ◽  
Going Concern ◽  
Significant Difference ◽  
Incremental Information ◽  
Review Reports

This paper examines the information content of interim review assurance in the Australian mandatory disclosure setting. First, we find a strong negative market reaction to interim going concern conclusions (IGCC) contained in the review of interim financial statements. Second, we find no significant difference between the market reaction to IGCCs and annual going concern opinions (AGCO) received at the annual report audit. Finally, we show IGCCs are significant predictors of subsequent AGCOs, and provide incremental information from the previous annual report audit opinion. Overall, these results contribute to the literature on the benefits of mandatory interim assurance by showing that going concern conclusions contained in interim financial statements provide investors with new and relevant information.

scholarly journals Analisis Konten Informasi Dalam Laporan Keuangan, Laporan Kinerja dan Laporan Penyelenggaraan Pemerintah Daerah

1970 ◽  
Vol 12 (1) ◽  
pp. 18-35
Author(s):  
Sukartini ◽  
Amy Fontanella
Keyword(s):  
Local Government ◽  
Focus Group ◽  
Human Resources ◽  
Information Content ◽  
Financial Statements ◽  
Legal Rules ◽  
Performance Report ◽  
And Performance ◽  
Document Review ◽  
Depth Interviews

Local government in Indonesia are obliged to produce at least 3 types of reports namely financial statements (LKPD), accountability reports (LAKIP) and performance report (LPPD). These three types of reports is regulated by different legal rules, using different formats and evaluated by different institutions. This research aims to analyze the information content of local government reports. Some previous research found that the usefulness of information presented on these three types of reports are relatively limited, whereas it requires high cost, involving many human resources and require a lot of infrastructure support. Thereforethe analysis of information presented in thesethree report needs to be done.This research conducted on Sleman and Malang district. The data used in this study were collected through document review, in-depth interviews, observation and focus group discusion. This study found many repetition of information on these three types of reports. This reseach also found inconsistencies of data used in these threereport.

Decision Usefulness of Alternative Joint Venture Reporting Methods

2003 ◽  
Vol 17 (2) ◽  
pp. 123-137 ◽  
Author(s):  
Roger C. Graham ◽  
Raymond D. King ◽  
Cameron K. J. Morrill
Keyword(s):  
Information Content ◽  
Joint Ventures ◽  
Joint Venture ◽  
Balance Sheet ◽  
Predictive Ability ◽  
Financial Statements ◽  
Decision Usefulness ◽  
Accounting Numbers ◽  
Future Return ◽  
The Cost

Depending on the country and circumstances, reporting rules for intercorporate investments may require the cost method, the equity method, proportionate consolidation, or full consolidation, and may yield dramatically different accounting numbers. In the post-Enron environment there is a particular focus on investments for which liabilities remain off balance sheet. We compare the information content of alternative accounting treatments for a sample of Canadian firms reporting joint ventures under proportionate consolidation. We restate their financial statements using the equity method, and we compare the information content of the two accounting methods in predicting accounting return on common shareholders' equity. We find evidence consistent with the view that financial statements prepared under proportionate consolidation provide better predictions of future return on shareholders' equity than do financial statements prepared under the equity method. We conclude that, for these firms, proportionate consolidation provides information with greater predictive ability and greater relevance than does the equity method.

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