About the journal
Financial Accounting and Auditing Researches is a quarterly open access journal (text of articles) published by Islamic Azad University, Central Tehran Branch. This publication uses the policy of two anonymous expert referees in the review of articles and it deals with the important and basic issues of financial accounting and auditing.
This journal follows the principles and criteria of the Committee on Publication Ethics (COPE) in reviewing and publishing scientific articles. All submitted articles are checked by Hamyab similarity finder software to ensure their authenticity, and then they are carefully evaluated by reliable and experienced referees. Financial accounting and auditing Researches with a scientific degree publishes all kinds of research articlesfrom number 14 (summer 2013) according to license number 197124/3/18/3 dated 08/21/2013 from Ministry of Science, Research and Technology .(More...)
Recent Articles
-
Open Access Article
1 - Modeling and Experimental Test of the Effects of the Quality Components of Management Accounting Information on the Tax Risk of Tehran Stock Exchange Firms
محمد نمازی Seyed Hamid Reza RakhshaIssue 62 , Vol. 16 , Summer 2024Based on information attitude, Important task of management accounting is to provide quality information to reduce management challenges, reduce uncertainty, and influence rational and optimal decisions. In this regard, by the internal information components of manageme MoreBased on information attitude, Important task of management accounting is to provide quality information to reduce management challenges, reduce uncertainty, and influence rational and optimal decisions. In this regard, by the internal information components of management accounting for the reasons of simplification, clarification, increasing environmental reliability and powerful management, provides the grounds for increasing trust between taxation System and taxpayers so that it can be effective in minimizing or reducing tax risk. The purpose of this article is a suitable conceptual Model and experimentally test the impact of quality Firms of management accounting information (environmental uncertainty, financial reporting, corporate governance, and Earnings management) on tax risk. Research method is quantitative and descriptive analytical. The statistical population of Firms admitted to Tehran Stock Exchange in the years 1390 to 1399 and statistical sample was selected by systematic elimination method of 161 Firm. In this research, using the quality components of management accounting information, a model for assessing tax risk. The results panel data show quality components of management accounting information have a significant impact on tax risk. Earnings management, financial reporting and corporate governance are effective in reducing tax risk, and component of environmental uncertainty is effective in increasing tax risk. Manuscript profile -
Open Access Article
2 - Presenting an Investment Decision Model and Solving The Problem of Emotional Behavior of Novice Investors in Tehran Stock Exchange
moslem moradzadeh baqer kord mohammad ghasemi nour mohammad yaghoubi behzad rigi kotehIssue 62 , Vol. 16 , Summer 2024The Behavioral Finance Affairs Are Related to Investors' Spirit and Its Role in Financial Decisions. We Know that Humans Have Feelings That Can Affect Their Decisions. Such Decisions are Commonly Inefficient and Unreasonable and Can Result in Some Damages and Disas MoreThe Behavioral Finance Affairs Are Related to Investors' Spirit and Its Role in Financial Decisions. We Know that Humans Have Feelings That Can Affect Their Decisions. Such Decisions are Commonly Inefficient and Unreasonable and Can Result in Some Damages and Disasters in Stock Markets.The Present Study Is Aimed to Present an Appropriate Model for Bridling The Emotional Behaviors of The New Investors in Tehran Stock Exchange. In This Study, The Grounded Theory Is Used for Answering The Questions. This Study is Conducted Based on The Theoretical Sampling Introduced by Strauss and Corbin (2008). In The Sample Group, 12 Semi-Structured Interviews Were Conducted with Managers, Traders, and Instructors of Financial Institutions. The Obtained Results Indicated 230 Primary Codes, Which Were Classified Into 21 Main Categories. Education And Culture-Creation, Planned and Organized Offering, Capital Management, Innovation and Structural Factors, Rules, Regulations, and Punishments, and Economic and Political Factors Are The Identified Strategies That in The Case of Being Prioritized by Organizations, Financial Institutions, and New Investors, Then We Can Expect Reduction in The Investors' Emotional Behaviors. Manuscript profile -
Open Access Article
3 - Costs of Mandatory Audit firm Rotation: Evidence from Audit Fees and Audit Timeliness
Mohammad Bagher Rasoulkhani Ghasem Blue Parastoo DehpourIssue 62 , Vol. 16 , Summer 2024Concerns about the destructive effects of long-term relationships between auditors and business owners on auditor independence and audit quality have led to the formulation of laws limiting these relationships; Therefore, the policy of mandatory rotation, in order to im MoreConcerns about the destructive effects of long-term relationships between auditors and business owners on auditor independence and audit quality have led to the formulation of laws limiting these relationships; Therefore, the policy of mandatory rotation, in order to improve the independence of accountants and as a result to increase the quality of auditing, has attracted the opinion of legislators. Critics of this policy believe that the implementation of such a policy will lead to an increase in audit costs as well as a delay in submitting the audit report. Indeed, critics focus on the cost of forced rotation. Therefore, the aim of the current research is to investigate the price of forced rotation by considering two direct consequences including; The audit fee and the timeliness of the audit report. For this purpose, a sample of 120 companies listed on the Tehran Stock Exchange during the period of 2017-2022 has been selected. The ordinary least squares regression model was also used to test the research hypotheses. The obtained results show; During the mandatory rotation period, the audit costs increased and the audit report was delayed. The results of this research support the accounting profession's arguments that mandatory turnover is not without cost to various stakeholders, including clients, auditors, and investors. Manuscript profile -
Open Access Article
4 - Explaining the effect of financial default on the anomaly in reported earnings
Mahnaz Eslamdoost Karbandi امیررضا کیقبادیIssue 62 , Vol. 16 , Summer 2024The main purpose of the research is to explaining the effect of financial default on the anomaly in reported earnings in firms listed on the Tehran Stock Exchange. For this purpose, financial statement information of 147 firms has been collected in the period of 1390-14 MoreThe main purpose of the research is to explaining the effect of financial default on the anomaly in reported earnings in firms listed on the Tehran Stock Exchange. For this purpose, financial statement information of 147 firms has been collected in the period of 1390-1401. Multivariate regression with panel data was used to test the hypotheses. Adjusted Altman criterion was used for financial default. Adjusted Jones criterion and Eikel index were used for abnormality in reported earnings. The results of the test of the first hypothesis of the research show that the criterion of financial helplessness does not have a significant effect on the first criterion - adjusted Jones - abnormality in reported profits. The results of the second hypothesis test of the research show that the measure of financial helplessness has a significant effect on the second measure - Ikel index - abnormality in reported earnings. The results of the second hypothesis test of the research show that the measure of financial helplessness has a significant effect on the second measure - Ikel index - abnormality in reported earnings. Manuscript profile -
Open Access Article
5 - The Effect of Financial Literacy on Behavioral Biases of Representiveness and Anchoring and Analyzing their Effect on the Performance of Investors in the Tehran Stock Exchange using Non-Parametric Models of Structural Equations
Amin Roshangarzadeh Mohsen Dastgir Rahman saediIssue 62 , Vol. 16 , Summer 2024Most of the financial theories are based on the fact that people act rationally when faced with economic events. This hypothesis is the main basis of the efficient market hypothesis. However, behavioral researches ignore this basic hypothesis and shows that investors ha MoreMost of the financial theories are based on the fact that people act rationally when faced with economic events. This hypothesis is the main basis of the efficient market hypothesis. However, behavioral researches ignore this basic hypothesis and shows that investors have behavioral biases when making decisions about investment issues. The present study tries to investigate the effect of financial literacy on the behavioral biases including representiveness and anchoring and their effect on the performance of investors. For this purpose, information related to 509 investors in Tehran Stock Exchange was collected through a questionnaire, and for analysis, after designing the conceptual model, non-parametric modeling of structural equations and PLS software were used. The results of this research showed that the increase in financial literacy reduces the behavioral biases of representiveness and anchoring among investors. Reducing the behavioral biases of representiveness and anchoring increases and improves the performance of investors in the Tehran Stock Exchange. On the other hand, the results of the research showed that representiveness behavioral bias has a significant effect on anchoring bias, which means that people who are subject to representiveness bias are also likely to be subject to anchoring bias. Manuscript profile -
Open Access Article
6 -
محمدعلی بیداری فاطمه کفاشانIssue 62 , Vol. 16 , Summer 2024 -
Open Access Article
7 -
رقیه طالبی مجید زنجیردار محمدرضا پورفخارانIssue 62 , Vol. 16 , Summer 2024 -
Open Access Article
8 - Designing and Validating the Structural Model of Factors Affecting Risk Appetite Based on the Grounded Theory Paradigm
Milad Nikkhah Mehdi Beshkooh Hossein kazemiIssue 62 , Vol. 16 , Summer 2024The present study aims to design and validate a structural model for factors affecting risk appetite in accepted banks in the stock exchange based on the grounded theory paradigm. In this regard, the research data were collected through semi-structured interviews with 1 MoreThe present study aims to design and validate a structural model for factors affecting risk appetite in accepted banks in the stock exchange based on the grounded theory paradigm. In this regard, the research data were collected through semi-structured interviews with 15 experts in the field of accounting. The experts were selected using snowball sampling (in the first step) and theoretical sampling (in the second step). The collected data were analyzed and resulted in 100 concepts and 13 categories reaching theoretical saturation. The qualitative findings of this research, according to the elements of the Strauss and Corbin's grounded theory paradigm (1990), revealed that causal conditions include organizational factors and organizational maturity. Contextual conditions encompass the expansion and extension of communications. Intervening conditions involve risk management status, improvement of risk appetite framework, appropriate risk approaches, relevant risks in the bank, laws and regulations, and supervisory expectations. The central phenomenon or core concept includes risk strategy supervision and feedback, and action/interaction strategies consist of managerial methods. Consequences involve organizational growth and sustainability. Two assessment methods were used to validate the constructed model and research findings: communicative assessment and discriminative (diagnostic) assessment. For reliability assessment, repeatability and transferability were employed. Manuscript profile -
Open Access Article
9 - Investigating the Effect of Cognitive Styles on Auditors'Ability to Detect Fraud
Nahid Rezaei زهرا دیانتی دیلمی Reza Gholami Jamkarani Fraydoon Rahnamay RoodposhtyIssue 62 , Vol. 16 , Summer 2024Fraud (misappropriation of assets, financial corruption and fraud in financial statements) is a major problem in every type of industry and institution. Misappropriation of assets has the highest frequency of fraud in different societies. According to the documentation MoreFraud (misappropriation of assets, financial corruption and fraud in financial statements) is a major problem in every type of industry and institution. Misappropriation of assets has the highest frequency of fraud in different societies. According to the documentation theory, the performance of people (detection of fraud and misappropriation of assets) is caused by internal tendencies and individual characteristics (cognitive styles); or external, environmental conditions and job requirements (professional skepticism) or both factors. Therefore, the aim of the present study is to investigate the effect of auditors' cognitive styles (internal characteristics) on the ability to detect misappropriation of assets, emphasizing the mediating role of professional skepticism (external factor). This research is of applied and survey type. The statistical population includes working auditors who are members of the official accountants society of Iran in the year 1400; 375 people who were selected using random sampling. data was collected through a questionnaire and analyzed using structural equation modeling with the Partial Least Squares (PLS) approach. The results show that abstract-random, abstract-sequential, objective-sequential and objective-random cognitive styles respectively have the greatest effect on the ability to detect misappropriation of assets and professional skepticism mediates their relationship is crying. The professional skepticism of the auditors also increases the ability to discover the misappropriation of assets. The findings indicate that abstract auditors relying on the power of their intuition and reasoning are more successful than objective auditors who perform evaluations based on what they see. Manuscript profile -
Open Access Article
10 -
امیر شمس علیرضا مهرآذینIssue 62 , Vol. 16 , Summer 2024
Most Viewed Articles
-
Open Access Article
1 - Managers Narcissism, Leadership Styles Choices in Accounting
Saeed Farokh Azita JahanshadIssue 56 , Vol. 14 , Winter 2023Abstract Some studies have shown that managers' narcissism can affect the choice of leadership styles in accounting (including management, social responsibility, financial reporting quality, etc.). Since no study has been done to evaluate the impact of managers' narcis MoreAbstract Some studies have shown that managers' narcissism can affect the choice of leadership styles in accounting (including management, social responsibility, financial reporting quality, etc.). Since no study has been done to evaluate the impact of managers' narcissism on leadership styles in accounting, present study intends to examine this issue; therefore, the present study evaluates the relationships between managers' narcissism, selection of leadership styles in accounting. The statistical population of this study includes managers of companies in Tehran Stock Exchange. Because access to all members of the statistical community was not possible, the available sampling method was used. Therefore, the questionnaires were distributed among individuals and a total of 150 completed questionnaires were collected. Data analysis was performed using structural equations and with the help of LISREL software. The findings of the research showed that managers' narcissism had a greater impact on the transformational leadership style in accounting than the practical one. In addition, managers narcissism affect on practical leadership style and transformational leadership style in determining companies business strategy, social responsibility , profit management and financial reporting quality. Manuscript profile -
Open Access Article
2 - Designing a Model for the Implementation of International Financial Reporting Standards No. (17(
مهدی اسکافی اصل فرزانه حیدر پورIssue 49 , Vol. 13 , Spring 1400AbstractWidespread adoption of international financial reporting standards in the insurance industry is one of the most important developments in the history of accounting. The main purpose of this study is to identify the general and specific challenges facing the insu MoreAbstractWidespread adoption of international financial reporting standards in the insurance industry is one of the most important developments in the history of accounting. The main purpose of this study is to identify the general and specific challenges facing the insurance industry in the implementation of International Financial Reporting Standard No. 17 and to provide an appropriate model for the implementation of International Financial Reporting Standard No. 17. The data were collected based on interviews with insurance industry experts at various levels. Therefore, this research is grounded in terms of applied purpose, qualitative in terms of nature and grounded in terms of strategy. The statistical population of the study is experts in the insurance industry who have sufficient experience in the field of financial reporting. The statistical sample is based on purposive sampling method. The results show that categories such as competitive / monopoly market; Central insurance policies; Price elasticity in the insurance industry; Adaptation of current laws to market needs; Pioneering the rules; Supervision of the insurance industry; Sanctions; international relations; Models and defaults and input settings; Investment policy in the insurance industry; Quality, etc., play an important role in the implementation of International Financial Reporting Standards No. (17) in the insurance industry. Manuscript profile -
Open Access Article
3 -
محمدرضا مهربان پور حمید آذر خوش محمود حسن زاده کوچو مهران عربیIssue 46 , Vol. 12 , Summer 1399 -
Open Access Article
4 - Costs of Mandatory Audit firm Rotation: Evidence from Audit Fees and Audit Timeliness
Mohammad Bagher Rasoulkhani Ghasem Blue Parastoo DehpourIssue 62 , Vol. 16 , Summer 2024Concerns about the destructive effects of long-term relationships between auditors and business owners on auditor independence and audit quality have led to the formulation of laws limiting these relationships; Therefore, the policy of mandatory rotation, in order to im MoreConcerns about the destructive effects of long-term relationships between auditors and business owners on auditor independence and audit quality have led to the formulation of laws limiting these relationships; Therefore, the policy of mandatory rotation, in order to improve the independence of accountants and as a result to increase the quality of auditing, has attracted the opinion of legislators. Critics of this policy believe that the implementation of such a policy will lead to an increase in audit costs as well as a delay in submitting the audit report. Indeed, critics focus on the cost of forced rotation. Therefore, the aim of the current research is to investigate the price of forced rotation by considering two direct consequences including; The audit fee and the timeliness of the audit report. For this purpose, a sample of 120 companies listed on the Tehran Stock Exchange during the period of 2017-2022 has been selected. The ordinary least squares regression model was also used to test the research hypotheses. The obtained results show; During the mandatory rotation period, the audit costs increased and the audit report was delayed. The results of this research support the accounting profession's arguments that mandatory turnover is not without cost to various stakeholders, including clients, auditors, and investors. Manuscript profile -
Open Access Article
5 -
امیر رضا کیقبادی وحید خدامیIssue 17 , Vol. 5 , Summer 2012 -
Open Access Article
6 - Firm Risk Management and Firm Performance by the Role of Competitive Advantage and Financial Literacy
Zohreh Arefmanesh Zohreh Arefmanesh Hamed ShokohiIssue 54 , Vol. 14 , Autumn 2022AbstractImportant changes in business environment and acceleration of technological change have made the business environment very complex and uncertain. Risk management is one of the solutions for companies to deal with uncertainty in the business environment, which ha MoreAbstractImportant changes in business environment and acceleration of technological change have made the business environment very complex and uncertain. Risk management is one of the solutions for companies to deal with uncertainty in the business environment, which has an effective role in maintaining and improving efficiency and effectiveness and, consequently, improving company performance. In addition, risk management is an important factor in controlling costs and diversification product and, consequently, achieving competitive advantage that leads to better performance. However, presence of financially educated managers (financial literacy of managers) in the risk management process facilitates achieving competitive advantage and better performance. The aim of this study is to investigate the relationship between enterprise risk management and company performance with mediating role of competitive advantage and moderating role of financial literacy in manufacturing firms of Yazd industrial town. Data were collected using questionnaire and analyzed by structural equation modeling. The results of 220 completed questionnaires show that the relationship between competitive advantage and company performance is not statistically significant, but risk management has a positive and significant relationship with competitive advantage and company performance. Also, the relationship between financial literacy and competitive advantage is positive and significant. The mediating role of competitive advantage in the relationship between risk management and company performance is not confirmed, but the moderating role of financial literacy in the relationship between risk management and competitive advantage is accepted. Manuscript profile -
Open Access Article
7 - The Role of Financial Uncertainty Shocks, Fama French Five Factor Model and Momentum in the Capital Market and Its Effects on Stock Returns
Seyedeh Narges Shirmardi Majid Sameti Hossein Sharifi RenanIssue 61 , Vol. 16 , Spring 2024Abstract The purpose of this study was to investigate the role of financial uncertainty, economic uncertainty, economic policy uncertainty as a systematic risk and the fama french five factor model along with Momentum as a unsystematic risk in the US capital market and MoreAbstract The purpose of this study was to investigate the role of financial uncertainty, economic uncertainty, economic policy uncertainty as a systematic risk and the fama french five factor model along with Momentum as a unsystematic risk in the US capital market and short-term and long-term effects on stock returns (S&P New York Stock Exchange Index) Using a structural vector autoregressive model Quarterly data. The results show that in the short run, the greatest impact of negative shocks, respectively, due to variables such as stock returns, profitability factor, small minus big (SMB) and momentum respectively. Economic policy uncertainty has also had a positive short-term shock to stock returns. Therefore, the variables of economic uncertainty and financial uncertainty, like other Unsystematic risk factors, have almost equally and negatively affected stock returns. In the long run, the greatest impact of negative shocks was due to variables such as economic policy uncertainty, stock returns, economic uncertainty and investment factor, respectively. In the long run, the greatest impact of positive shocks is due to variables such as Small Minus Big (SMB), High Minus Low (HML), profitability factor, momentum, Market portfolio return ratio and risk free rate of return and finally financial uncertainty. Manuscript profile -
Open Access Article
8 - Investigating the Effect of Accounting Comparability on Financial Reporting Quality and Tax Avoidance
Alireza Rahimi Ali KianiIssue 61 , Vol. 16 , Spring 2024Abstract This study investigated the effect of accounting comparability on financial reporting quality and tax avoidance. Accounting comparability improves information environment. Increased financial reporting transparency caused by increased accounting comparability MoreAbstract This study investigated the effect of accounting comparability on financial reporting quality and tax avoidance. Accounting comparability improves information environment. Increased financial reporting transparency caused by increased accounting comparability provides users a better understanding of the information content of financial reports, furthermore it reduces the opportunistic behaviour of managers. Meanwhile in reporting financial information for tax purposes transparent and comparable information plays an important role in in tax decisions.In this study by focusing on on an important aspect of financial reporting environment, that is accounting comparability, we are supposed to investigate the effects it could have on financial reporting quality and tax avoidance. To do so we have sampled out 110 companies listed with stock exchange. We have used multiple linear regression models to test the hypotheses. Our findings are indicative of positive relation between accounting comparability and financial reporting. the financial statement comparability as a governance mechanism prevents managers opportunistic behaviors including tax avoidance. quality as well as negative relation between accounting comparability and tax avoidance which are both in accordance with the hypotheses. based on the results of this study, when the quality of financial reporting, high and lower tax avoidance and tax avoidance, the capacity of accounting comparison improves the ability of users to identify similarities and differences between economic phenomena. As a result, consumers choose the best financial information that makes decisions more effective. Manuscript profile -
Open Access Article
9 - Earnings Management Model by Using Deferred Tax Asset and Deferred Tax Liability Strategies
Vahid Tavasoli Yadollah TariverdiIssue 61 , Vol. 16 , Spring 2024Abstract According to agency theory, the government and business enterprises have different interests in paying taxes. The motivation for using deferred tax asset and liability to identify earnings management is that there is usually more discretion in generally accept MoreAbstract According to agency theory, the government and business enterprises have different interests in paying taxes. The motivation for using deferred tax asset and liability to identify earnings management is that there is usually more discretion in generally accepted accounting principles than in tax laws. Managers may have an incentive to increase income in the financial statements without increasing income in the tax report. A possible reason why managers do not want to increase taxable income is that this will lead to an increase in tax costs. Therefore, one of the things that probably affects the earnings management is deferred taxes. The aim of the research is to investigated whether the deferred taxes resulting from the financial statements reported based on accounting standard 35 as a strategy for managers to achieve earnings management or not. To achieve the goal of the research, the data of 169 sample companies from the Tehran Stock Exchange, were collected using the systematic elimination approach and were analyzed using the method of descriptive-correlation analysis by performing logistic regression test. The findings showed that the deferred tax assets have an effect on earnings management, but deferred tax liabilities have no effect on earnings management. The obtained results indicate that managers use deferred tax assets to manipulate earnings. Manuscript profile -
Open Access Article
10 -
افسانه توانگر حمزه کلایی مهدی اسکافی اصلIssue 38 , Vol. 10 , Summer 1397
