Effect of Fair Value based on IFRS 13 on the Qualitative Characteristics of Accounting Information

2022 ◽  
Vol 24 (2) ◽  
pp. 0-0
Keyword(s):  
Academic Achievement ◽  
Statistical Analysis ◽  
Accounting Information ◽  
Fair Value ◽  
Demographic Variables ◽  
Significant Relation ◽  
Historical Cost ◽  
Educational Qualification ◽  
Qualitative Characteristics ◽  
Positive Significant Relation

The aim of the study to investigate the effect and relationship between accounting of fair value according to the standard of (IFRS13) and the qualitative characteristics of accounting information. The fair value made a good contribution in the field of accounting thought because it faced the deficiency in the principle of historical cost, which was subjected to many criticisms. The researcher designed a questionnaire, where the number of the valid questionnaires was 135. The sample was distributed according to demographic variables (academic achievement, educational qualification, and years of experience). The researcher found through statistical analysis that there is a positive significant relation between the standard of fair value (IFRS13) and the qualitative characteristics of the accounting information. Also, there is an effect of IFRS13 on qualitative characteristics.

scholarly journals Effect of Fair Value Based on IFRS 13 on the Qualitative Characteristics of Accounting Information

2022 ◽  
Vol 24 (2) ◽  
pp. 1-12
Author(s):  
Ahmed Jasim Hameed ◽  
Anfal S. Shareef ◽  
Sameer Imad Shaban
Keyword(s):  
Academic Achievement ◽  
Statistical Analysis ◽  
Accounting Information ◽  
Fair Value ◽  
Demographic Variables ◽  
Significant Relation ◽  
Historical Cost ◽  
Educational Qualification ◽  
Qualitative Characteristics ◽  
Positive Significant Relation

The aim of the study to investigate the effect and relationship between accounting of fair value according to the standard of (IFRS13) and the qualitative characteristics of accounting information. The fair value made a good contribution in the field of accounting thought because it faced the deficiency in the principle of historical cost, which was subjected to many criticisms. The researcher designed a questionnaire, where the number of the valid questionnaires was 135. The sample was distributed according to demographic variables (academic achievement, educational qualification, and years of experience). The researcher found through statistical analysis that there is a positive significant relation between the standard of fair value (IFRS13) and the qualitative characteristics of the accounting information. Also, there is an effect of IFRS13 on qualitative characteristics.

scholarly journals Psychological Skills in Relation to Academic Achievement through Swimming Context

2021 ◽  
Vol 15 (2) ◽  
pp. 18-26
Author(s):  
Manal M. Bayyat
Keyword(s):  
Academic Achievement ◽  
Statistical Analysis ◽  
Life Skills ◽  
Female Students ◽  
Psychological Skills ◽  
Significant Relation ◽  
Teaching Competencies ◽  
Advanced Level ◽  
Male And Female ◽  
Descriptive Approach

This study aimed to investigate: (1) the level of psychological skills among students enrolled in swimming courses at the Physical Education faculties in the Jordanian Universities. (2) the relation between their psychological skills and academic achievement. (3) the differences in these psychological skills according to gender. The descriptive approach was used to conduct this study. The study sample consisted of (260) male and female students enrolled in intermediate and advanced level swimming courses at the School of Sport Sciences/ University of Jordan. Students’ final academic achievement records in addition to the “Life skills through swimming context” scale was used to collect required data. The results of the statistical analysis revealed an average level of psychological skills, significant differences in psychological skills level in favor of female students, A level students, and JU students, and a positive significant relation between psychological skills and academic achievement. In conclusion, it is important to design comprehensive psychological skills-based study plans for swimming courses and in different sports fields. Also, to conduct specified training and guidance courses in this domain to improve psychological skills, teaching competencies, and academic achievement.

The effect of accounting methods on financial reporting quality

2018 ◽  
Vol 60 (6) ◽  
pp. 1401-1411
Author(s):  
Andrain Hadiyanto ◽  
Evita Puspitasari ◽  
Erlane K. Ghani
Keyword(s):  
Financial Reporting ◽  
Palm Oil ◽  
Reporting Quality ◽  
Fair Value ◽  
Financial Information ◽  
Financial Reporting Quality ◽  
Content Type ◽  
Historical Cost ◽  
Fair Value Measurement ◽  
Value Measurement

Purpose This study aims to examine the relationship between accounting measurement method of biological asset and financial reporting quality. Specifically, this study examines whether using fair value method or the historical cost method on biological asset provides different financial reporting quality. Design/methodology/approach This study uses data from 38 agricultural companies that are members of the Roundtable on Sustainable Palm Oil. The annual reports of 38 companies from the Palm Oil Growers over a five-year period starting from 2011 to 2014 are analysed. Findings This study shows that companies using historical cost measurement produce less reliable and less relevant information compared to the companies that are using fair value measurement. Research limitations/implications The results in this study imply that the use of fair value measurement improves the quality of financial information. Practical implications This study supports IASB’s justification of developing IAS 41 as the principle-based standard that better represents the financial information related to biological asset and subsequently lead to good accountability and harmonisation practices. Originality/value This study provides evidence on the best measurement to be used in agriculture activities using a larger sample size of few countries. In addition, this study contributes to the existing literature on the effect of accounting methods on financial reporting quality.

scholarly journals The Influence Of Long-Term Tangıble Asset’s Valuatıon On Fınancıal Indıcators: The Attıtude Of Shareholders And Credıtors

2016 ◽  
Vol 12 (4) ◽  
pp. 367
Author(s):  
Lina Paliuliene
Keyword(s):  
Fair Value ◽  
Total Asset ◽  
Financial Indicators ◽  
Historical Cost ◽  
Valuation Methods ◽  
Financial Condition ◽  
Valuation Method

In the article the long-term tangible asset’s valuation methods by the historical cost and the fair value are generalized, indicators that are analyzed by shareholders and creditors when assessing the company's financial condition are identified. For the research eight Lithuanian companies which apply different long-term tangible asset’s valuation methods were selected from two industries. The influence of long-term tangible asset’s valuation was explored by five relative indicators. It was determined that valuation method is associated with long-term tangible asset’s part in the total company's asset. When long-term tangible asset’s part in the total company’s asset constitutes less than 50 percent, the asset’s valuation method has no influence on the analyzed indicators. When long-term tangible asset’s part in the total asset constitutes more than 50 percent, the asset’s valuation method affects solvency and investment indicators. Long-term tangible asset’s valuation method does not affect profitability indicators, independent of long-term tangible asset’s part in the total asset.

scholarly journals A Study on Anxiety Level and Academic Achievement of XI Standard Students of Thanjavur District

2016 ◽  
Vol 3 (4) ◽  
Author(s):  
K. Suresh
Keyword(s):  
Academic Achievement ◽  
Survey Research ◽  
Random Sample ◽  
Negative Correlation ◽  
Demographic Variables ◽  
Anxiety Level ◽  
Medium Of Instruction ◽  
High Negative Correlation ◽  
Correlation Analyses ◽  
Independent Variable

The Normative survey research has been conducted on Anxiety Level to the random sample of 731 XI standard students of Thanjavur District, Tamilnadu State. In this study, the investigator has used independent variable is Anxiety and the dependent variable is Academic Achievement.  Gender, Locality, and Medium of Instruction are the demographic variables.  Descriptive, inferential and correlation analyses were used to testing the hypotheses. The study reveals that the anxiety level of XI standard students is moderate and the Academic Achievement is in first class; Both Anxiety and Academic Achievement are significant with Gender, Locality of School and Medium of Instruction. The correlation between Anxiety and Academic Achievement is high negative correlation.

scholarly journals Cost with time can yield reliable and relevant financial accounting information

2004 ◽  
Vol 2 (1) ◽  
pp. 60-72 ◽  
Author(s):  
Eno L. Inanga ◽  
Bruce Schneider
Keyword(s):  
Decision Making ◽  
Accounting Information ◽  
Financial Statements ◽  
Financial Accounting ◽  
Corporate Accountability ◽  
Accounting Data ◽  
Historical Cost ◽  
Lead Users ◽  
Accounting Reports ◽  
Nominal Amount

It is generally accepted that one of the key financial accounting problems of the day is how to make financial accounting reports, as tools for corporate accountability and stewardship reporting, both reliable and relevant. Practitioners, rule makers, and academics are struggling with this dilemma that is inherent in historical cost financial statements. This paper suggests that historical cost, transactions- based accounting data is nominally reliable, which is an attribute of relevance, but it can be made timelessly relevant, if data about the precise date and time the nominal amount of the transaction was measured are made available to users. Furthermore, the presumption those company-related accountants and the auditors need to prepare a set of financial statements that they need to make relevant to an unknown set of users, should be abandoned. The valuation algorithm, the processes for making historical cost data relevant to situation-specific decision-making, are the prerogative and, most importantly, the responsibility of the users based on their perceptions of the dynamic, quantum world and their unique needs. The paper develops the logical reasons for the positions taken. It also argues that US-GAAP and the resulting financial statements may lead users of accounting information to allege that the financial statements are fraudulent. It is well-recognized by accountants and users that time, the details of which are currently under-reported, is a material fact related to the significance and usefulness of accounting information. Thus, the omission of facts about when the measurements were made, known to be important to understanding the reported information, may be the basis for the allegation of fraud.

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