Article review and summary Essay example
Undergraduate
Essay
Finance & Accounting
Pages 6 (1506 words)
Download 0
Finance and Accounting Article Table of Contents Table of Contents 2 Introduction 3 Summary of Article 3 Research Method 6 Primary Hypothesis 7 Support of Research towards Hypothesis 7 Contribution of Article 7 Further Research 8 Recommendation 8 Conclusion 8 Reference 9 Introduction Reactions of legislative towards the recent corporate scandals highlight the responsibility of managers for the accurateness of financial reporting…

Introduction

Conceptual model have been proposed to evaluate the performance of the CFO for making compensation decisions. Earlier it considers the quantitative financial performance measures and the managerial duties of the CFO but now it also considers fiduciary duties of the CFO in the post Sarbanes-Oxley Act (SOX) era towards the judgment of CFOs compensation. Conceptual model also takes into account two interactive factors and that are governance oversight and costs of firm of financial statement misreporting. Hypothesis tests, control variables, correlation matrix, robustness test and a look back analysis have been conducted to show the relationship between ICMW and the CFO compensation. Thus this paper focuses on the various threads of literature in judging the CFO compensation. Summary of Article Under the SOX Act of 2002, the CFOs and the CEOs i.e. the chief executive officer are required to maintain, establish and assess the effectiveness of internal control and also required to report o this assessment in both annual and quarterly financial statements. In the post SOX period CFOs have been more responsible for their actions as they play primary role in the oversight of internal control fulfillment. ...
Download paper
Not exactly what you need?

Related papers

Article summary
The moot question then remains how the teacher evaluation measures can impact the desired outcomes of student learning. Various studies have been conducted time to time to find the relationship between student achievements at the secondary and elementary levels vis. a vis. teacher contribution and the evidences available in this respect are somewhat mixed in nature. The clarity is much lesser when…
article review for managerial accounting
Biolea believes in self-reliance and innovation. Biolea’s operations are based on solid scientific methods of agriculture of Olive groves in Crete and provide an untainted quality of olive oil to its customers. Biolea’s range of products includes olive oil, and its varieties like Lemonio, Nerantzio. Biolea also supports agro-tourism, wild life, and renewable energy. Fixed Cost, Variable Cost…
article review for managerial accounting
This is because some of the expenses can be reduced by use of direct labour instead of using machines. The allocation of overhead does not only lead to faulty choices in a business, but it assists managers to know which products to continue producing and which it should stop producing. This has been further elaborated by the use of Activity Based Accounting (ABC), which basically shows how to deal…
article review for managerial accounting
Therefore, EVA can also be described as after tax profit less annual total cost of capital. Corporate groups and divisions that do not use EVA may not get the true picture of how much capital is tied up or the cost implications the capital bears. Although borrowed capital’s cost is reflected in the interest expenses of a company, equity capital’s cost is not shown in any of the financial…
Article Review
In the past, financial auditors wholeheartedly accepted the filthy practices of creative accounting and earnings management. Yet, the government of George W. Bush passed SOX to promote more care among financial auditors while analyzing the statements. However, in those days, when SOX was not employed, the auditors had an overwhelming tendency to approve the statements by giving an unqualified…
Article Review
Consequently, the market experiences a disequilibrium condition in terms of either surpluses or scarcities (Yetter, 2013). Given that, supply and demand assessment can be quite complex, the newsletter helps the reader to separate changes in both demand and supply from activities alongside supply and demand curves. The newsletter offers a practical meaning regarding two forms of government…
Review an article
1.3 Aim/ Objectives The article has two objectives: a) to show ‘the economic links between UK and the rest of EU’ (Oxford Economics 2009, p.10). Identifying these ties could help to understand the criteria under which the economic integration in EU could be effectively supported (Oxford Economics 2009, p.6); b) ‘to quantify these ties’ (Oxford Economics 2009, p.10). 1.4 Theory Discussed in…