Historical cost versus fair value accounting in banking: Implications for supervision, provisioning, financial reporting and market discipline

Anagnostopoulos, Yiannis; Buckland, R. B.

doi:10.1057/palgrave.jbr.2340186

Cited by 8 publications

(4 citation statements)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Each organization company has its own patterns and mechanisms in carrying out its activities, patterns and mechanisms through manual procedures and guidelines, therefore, through this section will explain some understanding relating to the patterns and mechanisms in the company, such as understanding the SOP and work standards. The procedure is a series of methods that have become a fixed pattern to do a job that is a roundness (Anagnostopoulos and Buckland, 2005). While the procedure of office or office system is defined as a sequence of steps (or operations are the work).…”

Section: Sopmentioning

confidence: 99%

Determinats of Fraud Prevention and Financial Performance as an Intervening Variable

Hendri

Yuliantoro²,

Ama³

2020

IJEFI

View full text Add to dashboard Cite

The purpose of this study was to analyze the role of financial performance in mediating the effects of the performance of human resources (HRs), internal controls, standard operating procedures (SOPs) and organizational culture to the prevention of fraud. The population of this study is 58 unit school and all schools and power finance unit manager Tarakanita School unit in Indonesia amounting to 202 people. The sampling method using a purposive sampling method. Data were processed amounting to 142 data with the data a processing method using the smart PLS. Hypothesis testing results showed that the quality of HRs and a significant positive effect on financial performance. Internal controls and a significant positive effect on financial performance. SOP positive and significant impact on financial performance. Organizational culture positive and significant impact on the financial performance ko. Financial performance and significant positive effect on the prevention of fraud. The quality of HRs and a significant positive effect on the prevention of fraud. Internal controls and a significant positive effect on the prevention of fraud. Standard operating prprocedures positive and significant effect on the prevention of fraud. The organizational culture had no effect on the prevention of fraud. The results of the analysis of mediating variables using the Sobel test found that financial performance is able to mediate the effect of the quality of HRs, internal controls, SOPs and organizational culture to the prevention of fraud.

show abstract

Section: Sopmentioning

confidence: 99%

Determinats of Fraud Prevention and Financial Performance as an Intervening Variable

Hendri

Yuliantoro²,

Ama³

2020

IJEFI

View full text Add to dashboard Cite

show abstract

“…To explain this, it is simpler to say that many accounting practices were prescribed to resolve issues as they arose. Examples include various methods of depreciation and inventory expensing even within the same industry, as well as fair value and historical costs measurement (Anagnostopoulos and Buckland, 2005).…”

Section: Concept Definition and Theoretical Approachmentioning

confidence: 99%

Untitled

2018

IJEFI

View full text Add to dashboard Cite

Global financial crisis 2008 was a very close call of total systemic collapse in financial markets. This had urged the leaders of G20 to involve the key global accounting standards bodies for creating a single high-quality global standard. IFRS 9 "financial instruments" released in 2014 is a project of IASB to achieve that goal and its effective date is 1 January 2018. However, a poll found that 46% of 91 banks in the world (excluding some U.S. banks) believe not having adequate resources to implement the standard by 2018. That is why this research wants to figure out the preparation of banking industry especially HSBC Holdings Plc to implement the standard. Using an exploratory research method, the researcher has found out that HSBC has been well-prepared to implement the standard. The findings of this research also realize a certain extent of agreement to MacNeal's theory and positive theory introduced by Watts and Zimmerman.

show abstract

“…Some researchers suggest a hybrid model of fair value accounting and historical cost accounting to avoid the disadvantages and obtain the advantages of both measurements. Anagnostopoulos and Buckland (2005) suggest a hybrid form of fair value accounting and historical cost accounting to deal with the privacy of trading and banking books in banks. ISSN 2162-3082 2014 They note that instead of moving to the full fair value accounting, a mixed model would be beneficial in this case.…”

Section: Literature Reviewmentioning

confidence: 99%

The Relationship between Fair Value Accounting and Presence of Manipulation in Financial Statements

Alaryan

Haija

Alrabei

2014

ijafr

View full text Add to dashboard Cite

The application of fair value has started early in Jordan, which was a bone of contention among supporters and opponents. This study came to provide empirical evidence on the relationship between fair value and financial manipulation. The study extracted data from 45 companies’ annual reports during a ten-year period (1997- 2006) five years before and after the application of fair value to examine the relationship among the application of fair value accounting and the presence of manipulation in financial statements. The result indicates that the number of firms that manipulated information in the financial statements had increased after applying fair value accounting. The results have policy implications, one of which is that the Jordanian government should either enact new regulations or modify the current regulations in the face of an increasing number of manipulations by firms after the application of fair value accounting. These regulations are needed to increase both the managements’ and accountants’ responsibility towards the firms and to enhance the business ethics of the organization.

show abstract

Historical cost versus fair value accounting in banking: Implications for supervision, provisioning, financial reporting and market discipline

Cited by 8 publications

References 14 publications

Determinats of Fraud Prevention and Financial Performance as an Intervening Variable

Determinats of Fraud Prevention and Financial Performance as an Intervening Variable

Untitled

The Relationship between Fair Value Accounting and Presence of Manipulation in Financial Statements

Contact Info

Product

Resources

About