Management Accounting: 4 (10)

Open Access Article

1 - Applying the Discriminant Function (analysis) for Going- Concern Forecasting of Corporations by Some Variables of Basic Financial Statements (Balance Sheet, Income Statement and Statement of Cash Flow)
یحیی حساس یگانه محمد صیادی

Discriminant analysis (function) is one of the best instruments to recognizevariables affecting to the going concern. This paper seeks to discriminate failed andnon-failed corporations using discriminant analysis (function) by some variable ofbasic financial statements. More

Discriminant analysis (function) is one of the best instruments to recognizevariables affecting to the going concern. This paper seeks to discriminate failed andnon-failed corporations using discriminant analysis (function) by some variable ofbasic financial statements. Sample includes 51 failed and 51 non-failed corporations.In discriminant analysis, wilks' lambda determines affecting variables todiscriminate of groups. Then, the discriminant function is getting out. This function isused to discriminate groups to failed and non-failed corporations. The test resultsproved to be extremely accurate in predicting going concern correctly in 77 percent ofall firms in the failed and non-failed groups assigned to their actual classification.Conclusively, The results shows that retained earnings (x1) (from balance sheet)and operational income (x2) (from income statement) are the two most influentialvariables in going concern prediction. Manuscript profile

Open Access Article

2 - The Investigation on Relationship between Auditors' Professional Maturity and Their Perception of Auditee Risks
زهره حاجیها

The judgment on risks in audit environment is central task of independentauditors. This judgment influences directly on all processes of an audit. However, thecharacteristics of judging person may affect judgment. Hence, the objective of thisresearch is investigation of More

The judgment on risks in audit environment is central task of independentauditors. This judgment influences directly on all processes of an audit. However, thecharacteristics of judging person may affect judgment. Hence, the objective of thisresearch is investigation of correlations between affecting factors of professionalmaturity of independent auditors and auditee risks. To do this objective, by aquestionnaire importance degree of 58 affecting factor of each of audit risk, inherentrisk and control risk was measured. Professional maturity factors of auditors include 8measures of age, education, academic field, experience as independent auditor,experience as audit manager or partner, experience as internal auditor and accountantand professional and academic association memberships. The finding indicates thataudit risk is correlated with experience as independent auditor, experience as auditmanager or partner, education and academic field. Inherent risk is correlated withexperience as independent auditor, experience as audit manager or partner, andacademic field. Control risk is correlated with experience as internal auditor andaccountant, academic field and professional and academic association memberships.The research results could be helpful to parties in equity market as well as standardsetters to investigate independent auditors' characteristics in their decisions. Manuscript profile

Open Access Article

3 - The Association between Management Earnings Forecast Errors and Corporate Governance Structure in Tehran Bourse
سید علیرضا موسوی حمید زارعی سمیرا هنربخش

In this study, we examine the relation between management earnings forecasterrors with corporate governance structure of listed companies in Tehran Bourse. Weshould mention that corporate governance structure which are studied here are: Thepercent ownership of board mem More

In this study, we examine the relation between management earnings forecasterrors with corporate governance structure of listed companies in Tehran Bourse. Weshould mention that corporate governance structure which are studied here are: Thepercent ownership of board members, the number of board members, the number ofnon-executive board members and Growth opportunity.The numbers of statistic community are 363companies in Tehran Bourse whichdue to the limitation of this study we select just 146 companies from these statisticcommunities during 1383-1387. For preparation the literature and the history of thissurvey we use the information from Financial Statement, Tadbir pardaz soft ware,Bourse library and Tehran Bourse archives.For testing hypothesis we use Pearson coefficient of correlation and multi variableRegression model. The result shows that there are positive relations between thepercent ownership of board members, the number of board members and the numberof non-executive board members with accuracy of management earnings forecast,while there is a negative relation between Growth opportunities with accuracy ofmanagement earnings forecast. Testing hypotheses show that all of the surveyhypotheses are confirmed Manuscript profile

Open Access Article

4 - Surveying the effect of auditor type on the value relevance of earnings in the accepted company in Tehran Stock Exchange
مهدی مراد زاده فرد قادر رحمن نژاد

the value relevance is ability accounting items on returns and price stock firms. Thepurpose of this study is to investigate the effect of auditor type on the value relevanceof earnings in accepted companies in Tehran Stock Exchange. For the test ofhypothesis's research More

the value relevance is ability accounting items on returns and price stock firms. Thepurpose of this study is to investigate the effect of auditor type on the value relevanceof earnings in accepted companies in Tehran Stock Exchange. For the test ofhypothesis's research this the models is defined by value relevance index. The sampleconsists of 68 companies accepted in Stock Exchange of Tehran that they are selectedduring 1381 to 1388. Statistical method used to test hypotheses in this research is"cross sectional". The findings of this study indicate that the earnings figure of firmsaudited by smaller institutions is more relevant so the first hypothesis was rejected.The report of the auditing firms audited by large institutions in comparison with smallinstitutions, their earnings numbers are more relevant, so it is suggested that mostcontrol apply on audit institutions through peer review and corporate governmentexecutive, in order to improve the quality of audit reports. Manuscript profile

Open Access Article

5 - Surveying the effect of auditor type on the value relevance of earnings in the accepted company in Tehran Stock Exchange
مهدی بهارمقدم زینب یزدی سمیه یزدی

the value relevance is ability accounting items on returns and price stock firms. Thepurpose of this study is to investigate the effect of auditor type on the value relevanceof earnings in accepted companies in Tehran Stock Exchange. For the test ofhypothesis's research More

the value relevance is ability accounting items on returns and price stock firms. Thepurpose of this study is to investigate the effect of auditor type on the value relevanceof earnings in accepted companies in Tehran Stock Exchange. For the test ofhypothesis's research this the models is defined by value relevance index. The sampleconsists of 68 companies accepted in Stock Exchange of Tehran that they are selectedduring 1381 to 1388. Statistical method used to test hypotheses in this research is"cross sectional". The findings of this study indicate that the earnings figure of firmsaudited by smaller institutions is more relevant so the first hypothesis was rejected.The report of the auditing firms audited by large institutions in comparison with smallinstitutions, their earnings numbers are more relevant, so it is suggested that mostcontrol apply on audit institutions through peer review and corporate governmentexecutive, in order to improve the quality of audit reports. Manuscript profile

Open Access Article

6 - Studies the relations between operation cash flows, bankruptcy risk and future operation cash flows
قدرت اله طالبنیا مجید بالایی

The present paper studies the relations among operation cash flows, bankruptcyrisk and future operation cash flows. Accordingly, we have considered the relationsbetween “future operation cash flows” with “current operation cash flows” and“b More

The present paper studies the relations among operation cash flows, bankruptcyrisk and future operation cash flows. Accordingly, we have considered the relationsbetween “future operation cash flows” with “current operation cash flows” and“bankruptcy risk”. We have also studied the relations that future operation cash flowscan bear with new variable which are formed from the combination of “bankruptcyrisk” with “current operation cash flows”. For studying the relation the variables with“future operation cash flows”, we have applied Pearson’s correlation coefficient andmultiple regression analysis (multi- variable).In data- analysis stage, we have used thedata from 93 firms certified by Tehran’s Stock Exchange from 1382 to 1387.Results from our study prove that there exists a noticeable direct and meaningfulrelationship between future operation cash flows with current operation cash flows.The same results also, indicate a relation between bankruptcy risk and currentoperation cash flows with future operation cash flows, so that in most operationyears, bankruptcy risk and current operation cash flows have been effective inpredicting future operation cash flows. Manuscript profile

Open Access Article

7 - Evaluation of the opportunity cost in Jam Petrochemical Company Projects
ابراهیم عباسی عیسی رستگار

The purpose of this paper is evaluating of opportunity cost in jam petrochemicalprojects. The hypothesis of this research were investigated by using of Kolmogrov-Smirnov test ,Paired samples test and the Pierson correlation. The results due thestudy of 4 projects that w More

The purpose of this paper is evaluating of opportunity cost in jam petrochemicalprojects. The hypothesis of this research were investigated by using of Kolmogrov-Smirnov test ,Paired samples test and the Pierson correlation. The results due thestudy of 4 projects that were started and finished during 2002-2006years demonstratedthat the real cost of all projects are over than their budgets. Also the opportunity costaverage of the projects are over than used expenditures. So the results demonstratedthat there is significant correlation among budget deviation , depreciation expense ,capital cost and opportunity profit with the opportunity cost. With study has beenconducted in JAM petrochemical companies projects can accept which reasonincrease of project's cost and tardiness is inexperience of internal contractor andnon-performance correct and complete map of project management Manuscript profile

Open Access Article

8 - Comparative between cost prediction using statistical methods and neural networks
امیر محمدزاده نسرین مهدی پور آرش محمدزاده

Prediction of total cost of water helps the Isfahan municipality to optimize thewater usage in its 14 urban zone. The total cost of water, basically, depends ondifferent parameters. Generally, the analytically prediction of the total cost is verydifficult if not impossi More

Prediction of total cost of water helps the Isfahan municipality to optimize thewater usage in its 14 urban zone. The total cost of water, basically, depends ondifferent parameters. Generally, the analytically prediction of the total cost is verydifficult if not impossible. Thus, applying intelligent systems such as neural networkmodels can be a good alternative. In this paper, using multi-layer perceptron neuralnetwork and error back propagation algorithm, the total cost of municipal water in theIsfahan municipality is calculated based on parameters such as per capita populationand area of each urban zone. In this paper, a model for simulation and prediction ofthe annual total cost of water in Isfahan municipality is developed. The simulationmodel is developed using the regression and the neural network model is built usingdata from 2004 to 2009. Finally, the neural network method is selected as the mainsimulation method for forecasting the total cost of water in the 14 urban zones ofIsfahan. Manuscript profile

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