Got a tricky question? Receive an answer from students like you! Try us!

Accounting Restatements and Institutional Ownership: The Case of U.K ( Proposal) - Dissertation Example

Only on StudentShare
Masters
Author : krystina92
Dissertation
Finance & Accounting
Pages 11 (2761 words)

Summary

The numbers of companies filing restatements with SEC reached 25000 during the year 2005 and the initial nine months of the year 2006 which was evidently a record increase in the accounting history (Turner & Weirich, 2006)…

Extract of sample
Accounting Restatements and Institutional Ownership: The Case of U.K ( Proposal)

the past years. The numbers of companies filing restatements with SEC (Securities and Exchange Commission) reached 25000 during the year 2005 and the initial nine months of the year 2006 which was evidently a record increase in the accounting history (Turner & Weirich, 2006). Empirical evidences based on the aspect revealed that the instances of accounting restatements increased almost eighteen-fold since 1997 (when the figure was 90) to 2006 (when the figure was 1,577). Researchers further stated that the frequencies of accounting restatements were recorded to accelerate from 2001 and gained historic heights in 2006 (Scholz, 2006). Subsequently, the question arises that what constitutes the instances of accounting restatements. It is the major faults recognised in the earlier presented financial statements by a firm which leads to the rectification and restatement of those financial statements (Plumlee & Yohn, 2010). ...
Download paper

Related Essays

Accounting Restatements and Institutional Ownership: The Case of the UK
cal Results 29 Chapter 6: Conclusion and Implications of the Research 35 6.1 Objectives and Summary of Research 35 6.2 Summary of Results, Comparison with Previous Research Findings 36 6.3 Discussion and Conclusion 37 References 39 Appendices 51 Chapter 1: Accounting Restatements 1.1 Introduction The occurrence of the accounting restatements has amplified considerably in the recent period. For instance, in the United States alone, the count of accounting restatement declarations increased from 90 to 1,577 during the period 1997-2006 (Scholz, 2008). Consequently, there has been a development of…
31 pages (7781 words)
The strength of the economy of China and the future of the economy
This essay discusses that economic development of a country measured by certain factors related to economics. The factors are the gross domestic product of the country, which relates to the standard of leaving of the people of the country. For developing a country, the government has to take certain measures. For making a sustainable development, the government has to assure that the financial base of the country is good. For making the financial base robust, the government has to use the sources available to them efficiently and should do sector wise development. In the era of globalization,…
6 pages (1506 words)
Institutional ownership and corporate value
Abstract Institutional investors are a significant financial market force. They are rapidly replacing individual investors in the capital market. Unlike individual investors, institutional investors invest large amounts of their company resources into various stocks and shares, thereby devoting many of their resources to monitoring their investment. This paper investigates whether a company’s dividend policy is affected by the level of institutional ownership. The paper focuses on Kuwaiti public companies that are listed on the Kuwait stock exchange (KSE). This study examines the…
11 pages (2761 words)
Management Dissertation Proposal Proforma
Yes Degree Programme: MBA in Finance & Accounting Specialization Track: General _______ Finance -X- Marketing_______ [Please check as appropriate] Other___________________ (please specify) DATE: January 10, 2012Aims of dissertation Background of the research Financial markets across the world have been reporting increasing integration within the as well as across different boundaries. There are several factors that have drastically grown the financial markets in the last decades particularly in the developing countries and some of these factors are globalization, deregulation and advancement…
6 pages (1506 words)
Finance and Accounting Dissertation
Activity Based Costing (ABC) is a managerial accounting system which determines the cost of activities without distortion and provides management with relevant and timely information. It does not represent just a new set of overhead allocation rules or techniques to value inventory. ABC represents a way to look at operating costs and provides methods to dissect the underlying activities, which cause costs to exist” (Dunn 1891). The problem here, which is to be solved, is “Does the activity based costing play a vital part in financial performance”. For this purpose we have to know about…
6 pages (1506 words)
Management Accounting and Finance in U.K. museums and music organisations
The European cultural funding have long been the subject of resentment for the arts organizations & artists of America. However over the last two years that is after 2010, as the severe minded conventional governments took step against the background of a profound fiscal emergency, countries across the European continent have focused on the arts segment for ruthless cuts. …
36 pages (9036 words)
Management Accounting and Finance in U.K. Museums and Music Organisations
The study reveals that the organizations are now looking at additional sources of income by organizing events. The events that they are planning to launch are expected to generate high amount of income for the organization. The management of the art organization have decided not only to sell tickets of the events in order to generate revenue but also look for sponsorship of the event. In this context, before organizing any event the management is setting targets in form of budget for the whole event. This budget is set as such the expected expense that the organization will be incurring and…
6 pages (1506 words)