financial statement

Open Access Article

1 - Examining the goals of users of financial reports of municipalities with regard to performance-based budgeting
Reza Sotudeh alireza fahkrabadi mitra kasheh maryam movahedian

Background and purpose: The new public financial management was basically proposed with the aim of increasing transparency and improving the accountability of users of financial reports. The purpose of this research is to investigate the goals of users of financial repo More

Background and purpose: The new public financial management was basically proposed with the aim of increasing transparency and improving the accountability of users of financial reports. The purpose of this research is to investigate the goals of users of financial reports of municipalities with regard to performance-based budgeting. Methodology: The data collection tool of this research was a questionnaire containing 15 items. The targeted community was the managers and experts of the municipality at the level of Tehran province. Finally, 215 questionnaires were examined. Hypotheses have been tested using structural equation modeling methods and smart.PLS software. Findings: The findings of the research showed that internal administrative control, internal accounting control, self-control and internal audit have an effect on the goals of users of financial reports of municipalities with regard to performance-based budgeting. Conclusion: In performance-based budgeting, users' goals should be considered with regard to financial reporting, because it improves transparency and accountability. Keywords: budget and financial statements, internal control, decision making, municipalities. Manuscript profile

Open Access Article

2 - Financial Statement Comparability and Expected Stock Price Crash Risk
Zohreh Hajiha hasan Chenari Bouket

AbstractThis study investigated the relationship between the comparability of financial statements with the expected crash risk stock prices in firms listed on the Tehran Stock Exchange. Information needed for the study of the financial statements of 117 firms in the pe More

AbstractThis study investigated the relationship between the comparability of financial statements with the expected crash risk stock prices in firms listed on the Tehran Stock Exchange. Information needed for the study of the financial statements of 117 firms in the period 1390-1394 has been collected. To test the hypothesis of multivariate regression with panel data is used. To calculate the variable comparability of the model De-Franco et al. (2011) and to calculate the variable crash risk expected stock price model Kothari et al (2009) is used. The findings of the research hypothesis and show that there is negative relationship between the comparability of financial statements with the expected crash risk stock prices. In other words, by increasing the comparability of uncertainty, incorrect analysis, investors and fear of further fall in prices will reduce the period of the crisis. Manuscript profile

Open Access Article

3 - Dissecting stock price momentum using financial statement analysis of companies listed on the Tehran Stock Exchange
Ahmad Khoddamipour Majid Azadi Sheshdeh

10.30495/jfksa.2022.20589

Many studies have been done on the momentum strategy in Tehran Stock Exchange to predict stock returns .In most of research pertaining to momentum, profit and return are used as a criterion for selection of stocks with best (worst) performance in the past for momentum p More

Many studies have been done on the momentum strategy in Tehran Stock Exchange to predict stock returns .In most of research pertaining to momentum, profit and return are used as a criterion for selection of stocks with best (worst) performance in the past for momentum portfolio. Therefore, the purpose of this study is to investigate the profitability of momentum strategy using the analysis of financial statements based on past share returns. For this purpose, the sample includes 213 member companies of Tehran Stock Exchange and has been selected for a period of 10 years from 1388 to 1397. This research is applied in terms of purpose, post-event experimental in terms of research method, reasoning in terms of method, establishment, theory in terms of behavioral financial research and statistically in the form of correlational research using community (sample). It acts as a model for the whole society. To test the research model, first F-Limer test and then Hausman test were used. The results tests showed that the test method for the research hypothesis is the panel (panel) data method with fixed effects, which was performed using 10 EViews software. The results of this study show that the collected data are significant at 95% confidence level (P-Value = 0.000) and the adjusted R2 value is 0.89 and shows that about 89% when performance expectations A company reflected in past prices that is consistent with fundamental analysis, the momentum effect is stronger than when the pure momentum strategy is used. Manuscript profile

Open Access Article

According to the conflict of interest hypothesis, directors take advantage of related-party transactions for their personal benefits so that companies with related-party transactions present less comparable financial information to mask the adverse effects of such trans More

According to the conflict of interest hypothesis, directors take advantage of related-party transactions for their personal benefits so that companies with related-party transactions present less comparable financial information to mask the adverse effects of such transactions and thus prevent stakeholders from recognizing them. Given this argument, this study aims at exploring the effect of related-party transactions on the comparability of financial statements. To do so, a sample of 86 firms listed in Tehran Stock Exchange during the years 2012-2016 were selected and then tested using multivariate regression model based on panel data. In accordance with the conflict of interest hypothesis, the results revealed that related-party transactions lead to a fall in financial information comparability. The findings of the study not only fill the research gap in the field, but also benefit investors, stock exchange and other stakeholders in decision making process Manuscript profile

Open Access Article

5 - The Detection of Financial Statements Fraud According To Audit Report of Financial Statments
Mehdi Rezaie Mahdi Nazemi Ardakani Alireza Naser Sadrabadi

This paper aims the detection of financial statements fraud according to audit report of financial statments. The initial research data were collected from a statistical sample consisting of 164 companies, listed in the Tehran Stock Exchange from 2014 to 2017 and select More

This paper aims the detection of financial statements fraud according to audit report of financial statments. The initial research data were collected from a statistical sample consisting of 164 companies, listed in the Tehran Stock Exchange from 2014 to 2017 and selected through the systematic sampling method. The statistical sample was divided into two separate groups, i.e. fraudulent (1) and non-fraudulent (0) companies. The independent fraud-related variables included 41 financial and nonfinancial variables, selected through theoretical foundations and the research background. The data of variables, collected through the desk method, were finally analyzed through the top five techniques of machine learning, including; the Bayesian networks, the decision tree, artificial neural networks, support vector machine, and combined method. According to the results, all of these techniques were highly capable of fraud detection in financial statements. Moreover, the proposed combined technique outperformed the other techniques in evaluation accuracy and power with an estimation rate of 96.2%. Manuscript profile

Open Access Article

6 - Applying Rough Developed theoretical Models (ERST), Interpretation-Structural Analysis (ISM) and Decision Tree (CART) for Help Auditors to Identify Fraud in the Financial Statements of Companies Listed on the Stock Exchange of Iran
Davood Hasanpoor hasan valiyan mehdi safari griyly Reza Tahmasbizadeh

The Purpose of this Research is Rough Set Theory Developed Using Model (ERST) to Assist Auditors to Identify Fraud in the Financial Statements of Iranian Companies Listed on Stock Exchange. The method of this combined research is based on the adaptation of theoretical f More

The Purpose of this Research is Rough Set Theory Developed Using Model (ERST) to Assist Auditors to Identify Fraud in the Financial Statements of Iranian Companies Listed on Stock Exchange. The method of this combined research is based on the adaptation of theoretical foundations through the critical evaluation method to identify the characteristics and criteria of fraud in the financial statements (x) and the characteristics of committing fraud through them (y) and based on the decision tree (CART) and the developed Rough Theory Model (ERST) are seeking to determine the most effective criteria for fraud and how it can be applied in financial statements. The statistical population of the study consisted of 12 expert auditors selected through targeted and homogeneous sampling. In this study 18 indicators were identified as criteria for fraud and 5 attributes as ways of committing fraud. The results of this study showed that, based on the result of the management decision tree (CART) as the most important indicator of fraud, according to the developed Rough Theory Model (ERST), accounts receivable are considered as the most important feature of fraudulent behavior. Accordingly, in the conclusion of this research, for determining the fraud in the financial statements, we can use two indicators of low inventory sale (X12) and high management ownership (X17) based on changes in accounts receivable. Manuscript profile

Open Access Article

7 - Investigating the behavior of individual investors after the release of financial statements
Davoud gorjizadehbaee Mohammad hamed khan mohammadi

AbstractOne of the main sources of information for investors to make investment decisions is the information contained in the financial statements published by companies. Public disclosure of financial statements in the form of different information channels, generates More

AbstractOne of the main sources of information for investors to make investment decisions is the information contained in the financial statements published by companies. Public disclosure of financial statements in the form of different information channels, generates thoughtful reactions among investors. Audited financial statements convey the auditor's view of the feasibility and reliability of financial statements to users of financial statements, which is a useful tool in the decision making process.The purpose of this study was to investigate the behavioral response of individual investors after the publication of annual audited financial statements. The research method was applied in terms of purpose, field survey method and descriptive survey method. Data were analyzed using a standard questionnaire. The statistical population of this research is all real investors of Tehran Stock Exchange, of whom 403 were selected by simple random sampling. Data were analyzed by spss22 and Lisrel 8.50 software using structural equation method.The results of the data analysis show that the release of financial statements (good or bad news) has a significant effect on the behavior of individual investors. Manuscript profile

Open Access Article

8 - Financial Statement Comparability and Cash Holdings
mehdi safari gerayli (Ph.d) Yasser Rezaei pitenoei (Ph.d)

The present study is attempts investigate the impact of financial statement comparability on corporate financial cash holdings. To this end, three various proxies based on DeFranco et al’s (2011) were employed to evaluate financial statement comparability, and Ozc More

The present study is attempts investigate the impact of financial statement comparability on corporate financial cash holdings. To this end, three various proxies based on DeFranco et al’s (2011) were employed to evaluate financial statement comparability, and Ozcan & Ozcan’s (2004) model was also used to measure cash holdings. The research hypothesis was also developed based on the data collected form a sample of 82 firms listed on the Tehran Stock Exchange during the years 2013-2017, and then tested using multivariate regression model based on panel data. The results indicate that financial statement comparability reduces the level of corporate cash holdings. This finding means that, financial statement comparability can mitigate uncertainty and facilitate the monitoring of the evaluation of the managerial performance through attenuating acquisition costs and enhancing the quality and quantity of the information available to investors. Accordingly, firms with comparable financial statements confront with less external financing costs and restrictions, thereby less likely to hold cash. Moreover, these results are robust and are not sensitive with respect to alternative measure of cash holdings and individual analysis of the research hypothesis for each year. Manuscript profile

Open Access Article

9 - The effect of a coherent presentation model of financial statements on investors' judgment and decisions in comparison with the model presented by the Tehran Stock Exchange and the auditing organization using a quasi-experimental approach
saber sheri Mohammad Hassan Ebrahimi Sarv Olya Qasem Bolo vahid eftekhari

The purpose of this study is to investigate the effect of changing the pattern of financial statements on the judgment and decision of investors using a quasi-experimental approach. The research hypotheses are based on the theory of cognitive burden and it is expected t More

The purpose of this study is to investigate the effect of changing the pattern of financial statements on the judgment and decision of investors using a quasi-experimental approach. The research hypotheses are based on the theory of cognitive burden and it is expected that changing the pattern of financial statement information by reducing cognitive effort can affect the judgment and decision of investors. To examine this issue, the pattern of financial statement information based on the joint study of the two International Accounting Standards Board and the American Financial Accounting Standards Board at the level of the three basic financial statements has changed and how participants answered research questions based on the new financial statements. It has been compared by the Tehran Stock Exchange and the auditing organization with the model proposed by these two boards. The test takers include people who have accounting and financial experience and have at least a bachelor's degree in accounting or various management orientations. Accordingly, 92 people were selected as the statistical sample of the research. Due to the non-normality of the research data, non-parametric Mann-Whitney test has used. The results of this test show that the cohesive pattern of financial statements has influenced the judgment and decision of investors by reducing cognitive effort Manuscript profile

Open Access Article

10 - Providing a Model of the Relationship between the Financial Statements Comparability and Stock Price Crash Risk with Moderating role of the Audit Committee.
Abbas Daryabari Ghodratallah Talebnia Mohammad khodaei Valeh Zaghard faeygh ahmadi Hamidreza Vakilifard

AbstractComparability is one of the unique qualities of financial information that enhances its usefulness. The ability to compare financial statements as a specific feature of financial reporting quality can reduce managers' motivation to hide negative news. An effecti More

AbstractComparability is one of the unique qualities of financial information that enhances its usefulness. The ability to compare financial statements as a specific feature of financial reporting quality can reduce managers' motivation to hide negative news. An effective audit committee, on the other hand, limits the opportunistic and biased behavior of managers and delays the identification of profits. Thus, the existence of an effective audit committee can be considered as an effective mechanism to reduce the Stock price crash risk and affect the relationship between the financial statements comparability and Stock price crash risk. Therefore, based on this reasoning, the present study, using the structural equation modeling approach, examines the relationship between financial statements comparability with Stock price crash risk and the moderating effect of the audit committee on this relationship. The statistical sample of the present study consists of 126 companies listed in Tehran Stock Exchange 2012-2018. The findings show that the financial statements comparability reduces Stock price crash risk. In addition, the results show that the audit committee moderates and exacerbates the negative relationship between the financial statements comparability and Stock price crash risk. Manuscript profile

Open Access Article

11 - The identifying and investigating the factors of not applying inflation Impacts on the financial reporting in Iran
Sadegh Nekooei Mahdi Salehi Yahya kamyabi

In this paper, it has been tried to identify and study the causes of non applying inflation effects on financial reporting in Iran. The current research is a descriptive and Correlational research and through employing questionnaire has offered the required data to rese More

In this paper, it has been tried to identify and study the causes of non applying inflation effects on financial reporting in Iran. The current research is a descriptive and Correlational research and through employing questionnaire has offered the required data to researchers. the hypothesis of the paper has been examined using t-test and the data from 128 questionnaires received from statistical population composed of faculty members of public universities , PhD and MSc students of financial management and accounting , the autonomous auditing enterprises and federal Institutions . the research results analysis indicates that the factors of not applying inflation Impacts on the financial reporting in Iran includes: absent of inflation accounting standard, escape of economical firms from financial regulations and laws as consequence of assets reevaluation, not existing requirement by authorized organizations about complementary reporting of financial statements involving inflation influences, inability of administers at benefits recognition and or inflation accounting disadvantages, not believing of  administers about inflation accounting performance, increase taxes payable on reevaluation assets, not being coordinated and not being adequate of price levels changing indicators. Manuscript profile

Open Access Article

12 - The Interactive Role of an Auditor's Expertise in the Relationship between Abnormal Transactions with Biased People and Financial Statement Fraud: Testing Agency Theory
Amirali Bandarian Saeid Emami Dehcheshmeh Khatereh Kargarpur

Purpose: The objective of the present study is to review the interactive role of an auditor's expertise in the relationship between abnormal transactions with biased people and financial statement fraud with an emphasis on testing the agency theory in Tehran Stock Excha More

Purpose: The objective of the present study is to review the interactive role of an auditor's expertise in the relationship between abnormal transactions with biased people and financial statement fraud with an emphasis on testing the agency theory in Tehran Stock Exchange.Methods: With respect to the type of data in this research, logistic regression has been used. The statistical sample consisted of 118 corporations from 2014 to 2021, which were chosen by systematic removal.Results: The results showed that segments of abnormal transactions with biased people increase financial statement fraud. Moreover, an auditor's expertise moderates the intensity of positive relationships between abnormal transactions with biased people and financial statement fraud.Conclusions: With regard to the agency theory, the motivation behind abnormal transactions with biased people is that they want to seize the corporation's capital and that the managers distort financial statements in order to conceal the truth. Furthermore, since the specialist auditors monitor a great portion of the industrial corporations, they are of an expertise and experience above other accountants; therefore, they are more capable to detect financial statement deviation and fraud in terms of abnormal transactions with biased people. Manuscript profile

Open Access Article

13 - Predicting financial statement fraud using fuzzy neural networks
Mohsen Rostamy-Malkhalifeh Maryam Amiri Mehrdad Mehrkam

10.22034/amfa.2020.1892431.1370

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Open Access Article

14 - The role of effective variables on the relationship between tax avoidance and investment efficiency
Nazanin Bashirimanesh Zohreh Arefmanesh

10.22034/amfa.2023.1968722.1806

Manuscript profile

Open Access Article

15 - Financial Statement Comparability and the Expected Crash Risk of Stock Prices
Barhram Parsa Fatemeh Sarraf

10.22034/amfa.2018.544951

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Open Access Article

16 - An Investigation on the Impact of the Financial Ratios and Growth Rates on Future Abnormal Stock Returns (Case Study: Companies Listed in the Cement Industry)
Delir Nasera-badai Bizhan Khazduzi Omid Mahmoudi Khoshroo

This survey has been done among companies listed in the cement industry in Tehran Stock Exchange during eight years from 1380 to1388. The paper studies the effect of the simultaneous use of financial ratios and growth rates on future stock returns which is proven unusua More

This survey has been done among companies listed in the cement industry in Tehran Stock Exchange during eight years from 1380 to1388. The paper studies the effect of the simultaneous use of financial ratios and growth rates on future stock returns which is proven unusual. The data has been collected by using the new software named: “Rahavard Novin”. The results are based on the after event method and using F and T-tests and linear regression statistical analysis. The results show that the hypothesis has not been confirmed yet. That is, the use of financial ratios and growth rates do not affect future abnormal stock returns simultaneously. Using stepwise regression test, the final model was driven. Thus, only the operational ratios do not have simultaneous effects on the use of financial ratios. Finally, the results obtained from the overall test of the research hypotheses do not confirm the simultaneous impact of the financial ratios on future abnormal stock returns. However, the items in the financial statements reflect the accrual impact of items of financial statements on the process of economic decision making, the influence of the information content of all items is not the same. In other words, liquidity ratios have the highest effect and other ratios like profitability, investment and operational ratios reportedly have high effects on the abnormal stock returns.   Manuscript profile

Open Access Article

17 - investigating the relationship between Spiritual Intelligence of accountant and quality of financial statements
Matineh Parsian Rahmatollah Mohammadipour Seyed Keyvan Khatamy

Investigating the Relationship Between Intelligent Intelligence of Accountants and the Quality of Financial StatementsAbstractPurpose: The impact of types of intelligence on performance in different domains has been investigated. In the meantime, spiritual intelligence More

Investigating the Relationship Between Intelligent Intelligence of Accountants and the Quality of Financial StatementsAbstractPurpose: The impact of types of intelligence on performance in different domains has been investigated. In the meantime, spiritual intelligence and its dimensions are an interesting topic that has recently been investigated in the field of behavioral finance and its impact on different variables. In this research, the quality of financial statements is considered as a dependent variable. Therefore, the purpose of this study is to investigate the relationship between accounting intelligence and the quality of financial statements.Design/methodology/approach: To collect theoretical foundations of information about literature explanation, the subject matter of the research has been used through library and documentary studies. To obtain the required information, in order to collect the research hypotheses, data was collected for the variables in addition to the questionnaire of the codal site. The hypothesis testing method in this study is using structural equations using Smart-PLS software.Findings: The hypothesis test showed that there is a significant relationship between the spiritual intelligence of accountants and the quality of financial statements. Also, there is a significant relationship between consciousness, internal orientation, meaning and concept, truth and honesty, and the integrity and integrity of accountants with the quality of financial statements. There is no significant relationship between goodness and the existence and character of accountants with the quality of financial statements.Conclusion: According to the findings, it can be concluded that the dimensions of spiritual intelligence in accountants affect the quality of financial statements, which requires that corporate managers, through innovation and innovation, enhance the dimensions of spiritual intelligence that can be matched in line with Improved quality of financial statements. Manuscript profile

Open Access Article

18 - Investigating the Characteristics of Fraud Statements and its Impact on Community Policies
Hossein Kamrani Bijan Abedini Mohammad Hossein Ranjbar Faeq Ahmadi

Hossein Kamrani [1] Bijan Abedini [2] Mohammad Hossein Ranjbar [3] Faeq Ahmadi [4]   Abstract: The purpose of this study is to examine the characteristics of fraud in financial statements and their impact on community policies. Financial fraud involves any delibera More

Hossein Kamrani [1] Bijan Abedini [2] Mohammad Hossein Ranjbar [3] Faeq Ahmadi [4]   Abstract: The purpose of this study is to examine the characteristics of fraud in financial statements and their impact on community policies. Financial fraud involves any deliberate action by a company to mislead users of these financial statements, especially investors. Creditworthiness through the preparation and publication of financial statements contains a significant misstatement. It has a negative impact on various economic, cultural and social dimensions. Fraud, undermining the ethics and culture of society and government policies to safeguard the interests of the people and to deprive them of resources, is a major obstacle to promoting a culture of work and competitiveness of productive activities and to thwart efforts. They are aimed at reducing poverty and social discrimination. With the rise of fraud community declines due to the skepticism created.   [1] -PhD student in Accounting, Qeshm Branch, Islamic Azad University, Qeshm, Iran [2] - Assistant Professor, Department of Accounting, Faculty of Humanities, Hormozgan University, Bandar Abbas, Iran [3] - Assistant Professor, Department of Financial Management and Accounting, Faculty of Humanities, Bandar Abbas Branch, Islamic Azad University, Bandar Abbas, Iran [4] - Assistant Professor, Department of Financial Management and Accounting, Qeshm Branch, Islamic Azad University, Qeshm, Iran Manuscript profile

Open Access Article

19 - The Pattern of Optimized Financial Statement Evaluation: A Grounded Theory Analysis
Fatemeh Moridi Rezvan Hejazi Mohammad Hosein Ranjbar Hamid Reza Vakilifard

Financial statements have been prepared in same form for a long time, which has led to some criticism. Therefore, the current research seeks to provide a model to examine the proposed changes in financial statements using grounded theory. After literature review and fra More

Financial statements have been prepared in same form for a long time, which has led to some criticism. Therefore, the current research seeks to provide a model to examine the proposed changes in financial statements using grounded theory. After literature review and framework determination, a semi-structured interview with university professors, accountants, auditors, and stockholders began. After depth conversations with 29 people due to saturation, the theoretical sampling ended. The data collection process was done by studying the research literature, interviewing, and referring to new sources. Data analysis was based on open, axial, and selective coding of Strauss and Carbin's grounded theory approach and a paradigm was formed. The Axial category is “tests”, which was influenced by inputs including causal conditions (including points, do, don'ts), contextual conditions (including tests and subjects) and interfering conditions (including functional, individual), causing different strategies (including time, emotions, confidence, effectiveness) and consequences (including time, emotions, confidence, effectiveness). The features of the new financial statements, the conditions of the tests and subjects, and the control variables are the inputs of this model. Conducting the test follows the reaction of the participants, which will be quantitatively expressed through valid scales. These outcomes include "feelings", "confidence", "efficiency" and "effectiveness". Manuscript profile

Open Access Article

20 - The Relationship between Comparability of Financial Statements and Asymmetric Behavior of Costs with Considering the Moderating Role of Institutional Investors’ Ownership
Shirin Shahbazi Shirin Shahbazi یونس بادآور نهندی

The asymmetric behavior of costs is one of the phenomena that originates from the conflict of interests between managers and owners. The ability to compare financial statements by determining the level of coordination between the accounting procedures of different compa More

The asymmetric behavior of costs is one of the phenomena that originates from the conflict of interests between managers and owners. The ability to compare financial statements by determining the level of coordination between the accounting procedures of different companies makes the information environment transparent and provides the possibility of correct evaluation of performance and optimal allocation of resources. Institutional owners, as one of the pillars of the corporate governance system, play an important role in monitoring management. Based on this, the current research examines the relationship between the comparability of financial statements and the asymmetric behavior of costs with considering the moderating role of institutional investors’ ownership. The statistical population of the research include the companies admitted to the Tehran Stock Exchange for the years since 2013 to 2020, and 139 Firms were selected as a statistical sample using the systematic elimination method. The research method is post-event and the data analysis method is multivariate linear regression. The results of the research showed that, there is a negative relationship between comparability of financial statements and asymmetric behavior of costs. Also, ownership of institutional investors exacerbates the negative relationship between comparability of financial statements and asymmetric behavior of costs. Therefore, the comparability of financial statements and the ownership of institutional investors play a complementary role in reducing the negative consequences of conflicts of interest between managers and owners and providing the goal of optimal use of resources. Manuscript profile

Open Access Article

21 - Investigating the relationship between strengths and weaknesses of social responsibility with financial statement comparability (Empirical evidence from Tehran Stock Exchange)
Hossein Eslami Mofid Abadi Amir Sina Rezai Seyed Mohammad Reza Khalilzade

The main purpose of this study is to investigate the relationship between the strengths and weaknesses of social responsibility and the comparability of financial statements. This research is from the perspective of process, the type of data studied and the result from More

The main purpose of this study is to investigate the relationship between the strengths and weaknesses of social responsibility and the comparability of financial statements. This research is from the perspective of process, the type of data studied and the result from the type of quantitative-applied, from the perspective of purpose and logic from the type of correlation analysis and deductive-inductive and from the perspective of time dimension also from the longitudinal type of event. To test the research hypotheses, the financial information of companies listed on the Tehran Stock Exchange in the period between 2004 to 2018 has been used, so that after applying the restrictions in this research, the final sample consisting of 121 companies was selected. After the operational measurement of the research variables, in the next step, multivariate linear regression analysis techniques have been used to test the research hypotheses. Hypothesis testing is also performed using econometric software (Eviews) and statistical methods of integrated data. The results of statistical tests show that with increasing positive points of corporate social responsibility, the ability to compare financial statements also increases. In addition, the weaknesses of social responsibility Reduces the comparability of financial statements. Manuscript profile

Open Access Article

22 - The Effect of Comparability of Financial Statements on Stock Price Crash Risk with Emphasis on the Role of Management Ability in Tehran Stock Exchange
Abdolkarim Farhanian Allah Karam Salehi

Improving the quality feature of comparability in financial statements enables users to better assess the similarities and differences related to economic activities between different companies over time and to be able to allocate their resources optimally. The main pur More

Improving the quality feature of comparability in financial statements enables users to better assess the similarities and differences related to economic activities between different companies over time and to be able to allocate their resources optimally. The main purpose of this study is to investigate the effect of comparability of financial statements on stock price crash risk with emphasis on the role of management ability in Tehran Stock Exchange, which was done using the information of 119 companies during the period 2014 to 2020. The results show that there is a positive and significant relationship between the management ability and the stock price crash risk and there is a nagative and significant relationship between the financial statements comparability and stock price crash risk. The results also indicate the adjustment effect of management ability on the relationship between comparability of financial statements and the stock price crash risk. Therefore, it can be concluded that managers, based on the agency theory and conflict of interest between managers and owners, may use their intelligence and talent to achieve personal return or due to overconfidence and hoarding of bad news, cause price bubbles and eventually stock price crash risk. Manuscript profile

Open Access Article

23 - The effect of capital structure and operating cycles on the relationship between comparability of financial statements and holding cash
Mohammadreza Mehrabanpour Farzin Rezaei Maryam Moradi Leila Moradi

Increasing the comparability of financial statements leads to lower agency costs and the need to keep cash. In this regard, the aim of this study was to investigate the relationship between comparability of financial statements and cash retention and the effect of capit More

Increasing the comparability of financial statements leads to lower agency costs and the need to keep cash. In this regard, the aim of this study was to investigate the relationship between comparability of financial statements and cash retention and the effect of capital structure and operational cycles on the relationship between comparability of financial statements and retention of cash. To achieve the objectives of the study, the data of companies listed on the Tehran Stock Exchange in the period 2014 to 2018 were tested using multiple linear regressions using panel data. The findings show that increasing the comparability of financial statements significantly reduces the retention of corporate cash. Evidence also suggests that there is no significant effect of capital structure and operational cycles on the relationship between the comparability of financial statements and the retention of cash. The results show that investors and creditors in their economic decisions rely on the financial statements of companies, so it is worthwhile to standardize and monitor institutions as well as the company's governing bodies. . They attach special importance to the ability to compare financial information. Manuscript profile

Open Access Article

24 - The Relationship between the Financial Statements Comparability and Company Growth Opportunities Regarding the Mediating Role of Financial Constraints and Financial Reporting Quality
Younes Badavar Nahandi Mohammadreza Abbasi Astamal Zeinab Omarpour Mesrkanlo

This research is practical in terms of purpose, and from the point of view of correlation methodology, it is causal type (post-event). The statistical population of the research is the companies admitted to the Tehran Stock Exchange, and using the systematic elimination More

This research is practical in terms of purpose, and from the point of view of correlation methodology, it is causal type (post-event). The statistical population of the research is the companies admitted to the Tehran Stock Exchange, and using the systematic elimination sampling method, 129 companies were selected as the research sample in the 6-year period between 2017 and 2022. The results of the research show that there is a positive relationship between the comparability of financial statements and the company's growth opportunities. Financial constraints play a mediating role in the positive relationship between comparability of financial statements and company growth opportunities. In other words, the comparability of financial statements increases the growth opportunities of the company by helping to reduce financial constraints. The quality of financial reporting plays a mediating role in the positive relationship between the comparability of financial statements and the company's growth opportunities. In other words, the comparability of financial statements increases the company's growth opportunities by helping to increase the quality of financial reporting.company's growth opportunities. In other words, the comparability of financial statements increases the company's growth opportunities by helping to reduce financial constraints. The quality of financial reporting plays a mediating role in the positive relationship between the comparability of financial statements and the company's growth opportunities. In other words, the comparability of financial statements increases the company's growth opportunities by helping to increase the quality of financial reporting. Manuscript profile

Open Access Article

25 - Replacement of International Accounting Standards with Iranian Accounting Standards: The Auditor’s Opinion to Stop Providing False Financial Statements
Roya Darabi Seyyed Mohammad Ali Mirmasoum

Accounting standards are rules governing how to do the accounting work. Accounting standards specify what information should be provided in financial reporting. The main objective of this study was to investigate the replacement of the Iranian accounting standards and i More

Accounting standards are rules governing how to do the accounting work. Accounting standards specify what information should be provided in financial reporting. The main objective of this study was to investigate the replacement of the Iranian accounting standards and international accounting standards instead of surveys of auditors to avoid providing false financial statements. The population of this research include institutions that are members of the Accountants Community formed in 1394 to gather necessary information. To collect the theoretical foundation and statistical information of the research, library studies and questionnaires were used, respectively. Cronbach’s alpha coefficients was used for validity and reliability. Furthermore, benefits have been taken from Friedman test and software SPSS21 to analyze the data. It was concluded that in terms of the auditors’ judgments, compared to international accounting standard, Iranian accounting standards have more degree of reliability, intelligibility, appropriate functionality and will prevent rendering of false financial statements Manuscript profile

Open Access Article

26 - The Value Relevance of Information in Annual and Interim Financial Statements in Tehran Stock Market
M. MoradzadehFard M. Alemi S. Behzadpoor

The main goal of investors is achieving wealth and it realizes through stock return. Therefore evaluating stock return is a main matter in stock market. So providing required information to interpret firm's condition and profitability is a primary purpose of financia More

The main goal of investors is achieving wealth and it realizes through stock return. Therefore evaluating stock return is a main matter in stock market. So providing required information to interpret firm's condition and profitability is a primary purpose of financial reporting. Accordingly financial statements and supply notes are important information resource for investors. The objective of this study is examining the value relevance of information in annual and interim financial statements to explain stock return .This research investigates the relationship between financial reports information and abnormal return by using financial ratios, firm's size and cash flow from operation. So the existence of relationship between them could be criteria for investors to anticipate interim and annual abnormal return and facilitate investing decisions. Overall, the findings show that for explaining stock return interim financial statements are more informative than annual financial statements. Manuscript profile

Open Access Article

27 - Reviewing the Efficiencies of Informative Content in External Financial Reporting to Forecasting of Behavior of Stocks Return for the Companies listed in Tehran Stock Exchanges by Canonical Correlation Analysis
ٍElaheh Safaei Tabrizi

This investigation, examine the association among accounting components based-on accrual approach & accounting components based-on operating cash flows approach with components of behavior of common shares return for the listed firms in Tehran Stock Exchanges. Howev More

This investigation, examine the association among accounting components based-on accrual approach & accounting components based-on operating cash flows approach with components of behavior of common shares return for the listed firms in Tehran Stock Exchanges. However since that the goals of present investigation is determining the relation between two or more phenomena, so it to be defines as correlation researches. . Sampling method is filtering or systematic removing. Volume of sample is equal to (100) firms during the six years, and so analyzed data of (600) firms-fiscal years in form of cross-section method. Statistical feedback from testing of hypotheses are done by correspondent canonical correlation analysis. . Statistical feedback of testing principle hypotheses, confirms that in ninety five percentage intervals confidence, there are significant & positive-imperfect association between synthetic linearity combinations of behavior of stock return with informative content of components based-on accrual approach, synthetic linear combinations of accounting components based-on operating cash-flows approach & synthetic linear combination of accounting consolidated components based-on accrual-operating cash flows approach. In addition to, informative content of synthetic linear combination of components based-on operating cash-flows approach, are higher than synthetic linear combination of accounting components based-on accrual approaches. Manuscript profile

Open Access Article

28 - The Auditors' Preferences Affecting Factors on Inherent Risk in the Account Remaining Sum Level and Financial Statements Level
Zohreh Hajiha

Precise inherent risk assessment is one of important steps for audit risk assessment level by independent auditors that causes to increasing detection risk in an audit and presenting correct audit opinion in risk based audit. The audit risk assessment can affect audit p More

Precise inherent risk assessment is one of important steps for audit risk assessment level by independent auditors that causes to increasing detection risk in an audit and presenting correct audit opinion in risk based audit. The audit risk assessment can affect audit planning, audit strategies as well as final results. Auditing standards propose inherent risk assessment into two levels of overall financial statements and detailed way of account balances. However, the basic question is when assessing inherent risk, to auditors these two levels are independent or not? Since this relation influences directly on inherent risk assessment of auditee by auditors and finally it will affects detection risk assessment. In order to this, this research investigates the relationship of two levels of inherent risk. The statistical sample of the research consists of auditors of Iranian Association of Certified Public Accountants(IACPA) who were ed randomly and by questionnaire instrument researcher measured the significance of each affecting factor on the levels of inherent risk. Research results indicate that there is positive correlation between elements affecting on inherent levels. However, this correlation is rather weak, there is significant difference between affecting factors on these two levels of inherent risk auditors' view point. In the mean time, in Iranian professional environment, auditors prefer account remaining sum level to financial statements level for assessing inherent risk. The results can help independent auditors recognize affecting factors on inherent risk in both levels and pay attention to the relationship between these factors in Iranian audit environment. Manuscript profile

Open Access Article

29 - The Effect of Organizational Culture on the Relationship between Earnings Management and the Readability of Financial Statements
محدثه ریاحی نژاد افسانه توانگر

10.30495/faar.2021.687681

Intercultural research in societies showed that the development and evolution of accounting in any society depends on environmental and social factors of that society. Any insight into how values can be impacted through accounting behavior and ultimately the impact of More

Intercultural research in societies showed that the development and evolution of accounting in any society depends on environmental and social factors of that society. Any insight into how values can be impacted through accounting behavior and ultimately the impact of financial disclosure is important to ensure comparability of financial reporting. For this reason, in this study, the effect of organizational culture characteristics on the relationship between profit management and readability of financial reports in companies listed on the Tehran Stock Exchange during the years 2011 to 2018 is investigated. To measure the organizational culture variable, the Globe questionnaire, the readability variable of financial reports, Fogg index and the profit management variable, Kazink model have been used. The results show that futurism, gender equality, assertiveness, extra-group collectivism, intra-group collectivism and altruism affect the relationship between earnings management and the readability of financial statements. The effect of the control variable was positive and insignificant company size and positive and significant financial leverage. Manuscript profile

Open Access Article

30 - The Determinants of the Timeliness of Interim Financial Statements
Bahman Banimahd Mahtab Toutchi

Financial reports are major instrument to publish information for stakeholders. The purpose of interim financial statements is to improve the timeliness of accounting information. In this paper, we have examined the determinants of interim financial statements timelines More

Financial reports are major instrument to publish information for stakeholders. The purpose of interim financial statements is to improve the timeliness of accounting information. In this paper, we have examined the determinants of interim financial statements timeliness in Tehran Stock Exchange. Study sample are about 84 firms in a four periods 2006 to 2010. We have found there is a relation between unqualified audit report and auditor type with interim financial statements timeliness. The results of this study show that in emerging markets such as Tehran capital market , interim financial statements timeliness is more depend on unqualified audit report and auditor type. when the audit report is unqualified , time of the interim financial statements presentation will be decreased. The results also show when audit firm is Audit Organization time of the interim financial statements presentation will be increased. Manuscript profile

Open Access Article

31 - Explaining the Promoting and Inhibiting Social Components of Companies to Improve the Quality of Financial Statements
Behnam Sam Daliri Kaveh Azinfar Seyyed Ali Nabavi Chashmie Mohammadreza Pourali

10.30495/faar.2023.699791

Abstract Corporate responsibility reporting relates to aspects of individual and social characteristics and corporate governance and the external conditions of the company. Given that the quality of financial reporting has a significant impact on capital markets and af More

Abstract Corporate responsibility reporting relates to aspects of individual and social characteristics and corporate governance and the external conditions of the company. Given that the quality of financial reporting has a significant impact on capital markets and affects the decision-making process of users of financial reports, so the correct identification of factors affecting the quality of financial reporting from the perspective of different groups, can make financial reports as an important source of information. Rely on users to convert. Therefore, the purpose of this article is to explain the components of promoting and preventing corporate social responsibility to improve the quality of financial statements. The statistical population of the study is the members of the board of directors of companies listed on the Tehran Stock Exchange in 1998. 295 people were selected by simple random sampling to distribute the questionnaire. Schwartz (1998) standard social responsibility questionnaire was used to collect information in the field of theoretical foundations and research literature and to test research hypotheses to measure social responsibility. Also, to measure the quality of financial statements, the standard questionnaire of Freddy Van's financial reporting quality (2014) is used. K-S test was used to check the normality of data distribution and structural equation model and PLS software was used to test the hypotheses. The results of the research show that the dimension of individual characteristics and its promoting components and its deterrent components are effective in improving the quality of financial statements. The social dimension and corporate governance and its promotional and deterrent components affect the quality of financial statements. The external conditions and its promoting and deterrent components affect the quality of financial statements. Manuscript profile

Open Access Article

32 - The effect of the Structure of Sources Financing on Operating Performance with an Emphasis on the Role of Strategic Ownership and Financial Restatements of Corporate Admitted to the Tehran Stock Exchange
Hossein Eslami Mofid Abadi Soniya Maraghe Marzieh Ebrahimi Shaghaghi

This research was conducted with the aim of investigating the effect of the structure of financing sources on operational performance with a focus on the role of strategic ownership and re-presentation of financial statements of companies admitted to the Tehran Stock Ex More

This research was conducted with the aim of investigating the effect of the structure of financing sources on operational performance with a focus on the role of strategic ownership and re-presentation of financial statements of companies admitted to the Tehran Stock Exchange. The research method was descriptive-survey, the time period studied was from 2013 to 2018 and the statistical sample of the research included 171 companies. The data and information of the research has been collected through library sources and referring to the financial statements of the companies admitted to the Tehran Stock Exchange in the form of (field). Multivariate regression and statistical tests (Durbin-Watson (D-W) test, Kolmogorov-Smirnov, Dickey-Fuller (DF), Augmented Dickey-Fuller (ADF), Phillips-Perron (PP), and LM-ARCH) using EViews software version 9. Finally, to determine the significance of the linear regression equation, the Fisher test (F-test) and for the significance of the coefficients, the T-student (T-test) were employed. Therefore, the findings of this research show that due to the role of strategic ownership and re-presentation of financial statements, the structure of financing sources has a significant effect on the operational performance of companies accepted in Tehran Stock Exchange. Manuscript profile

Open Access Article

33 - The Effect of Accounting Comparability on Financial Reporting Quality with Emphasis on Audit Quality
Zohreh Hajiha hasan chenari

10.30495/jdaa.2023.699869

AbstractThe aim of this study was to investigate the effect of comparing financial statements on the quality of financial reporting with emphasis on audit quality. It is argued that comparability increases the usefulness of accounting information and makes it possible t More

AbstractThe aim of this study was to investigate the effect of comparing financial statements on the quality of financial reporting with emphasis on audit quality. It is argued that comparability increases the usefulness of accounting information and makes it possible to identify similarities and differences between economic events for users of financial statements.For this purpose, information on the financial statements of 103 companies has been collected. Multivariate regression with panel data has been used to test the hypotheses.The findings of the research hypothesis test show that the comparability of financial statements enhances the quality of financial reporting, but the moderating role of audit quality is ineffective in this relationship.Managers' ability to evaluate the company's performance and predict future events and to provide information on reliable forward-looking estimates that can be used to report higher quality commitment items increases. Manuscript profile

Open Access Article

34 - The Effect of the Auditor Attributes and Board of Directors Structure on the Possibility of Fraudulent Financial Statements of Commercial Companies
Kasra Barzegar abbaspour Hossein Eslami Mofid Abadi Marzieh Ebrahimi Shaghaghi

10.30495/jdaa.2023.705530

AbstractDetection of fraud has long been the focus of independent, internal and professional auditors, and therefore the emphasis of these professional institutions and auditing standards is on improving the organizational structure, reinforcing the internal control sys More

AbstractDetection of fraud has long been the focus of independent, internal and professional auditors, and therefore the emphasis of these professional institutions and auditing standards is on improving the organizational structure, reinforcing the internal control system and conducting regular and regular audits to prevent the occurrence of fraud decrease and enhance the credibility of financial reports. Considering that in recent years there has been an increasing growth in fraudulent financial reporting of companies around the world, in the present study, the effect of internal factors (board of directors structure) and external factors (auditor attributes) on the probability of fraud in the financial statements of companies listed on the Tehran Stock Exchange has been investigated. Has been. For this purpose, data from 160 selected companies have been used. In order to analyze the data, the regression method of panel data with logit approach has been used. The results show that the internal-organizational factors studied in this study; the possibility of fraud in the financial statements of companies listed in the Tehran Stock Exchange has been affected. It is also observed that the external factors considered in the study also had a significant effect on the probability of fraud in the financial statements of companies listed in the Tehran Stock Exchange. Manuscript profile

Open Access Article

35 - Corporate Social Responsibility and Compare Financial Statements
Babak Jamshidinavid Maryam Mansouri

10.30495/afi.2021.1927769.1019

Provision and presentation of quality information is a prerequisite for decision making by stakeholders of business units. One of the features of this information is having the ability to compare with other peer companies, as one of the quality features of this informat More

Provision and presentation of quality information is a prerequisite for decision making by stakeholders of business units. One of the features of this information is having the ability to compare with other peer companies, as one of the quality features of this information. Social responsibility can affect the qualitative characteristics of financial reporting. Therefore, the purpose of this study is to investigate the relationship between corporate social responsibility and the ability to compare financial statements as one of the most important features of financial reporting. To achieve the purpose of the study, the composite data of 114 companies listed on the Tehran Stock Exchange in the period 2010-2020 were analyzed using multivariate linear regression. Findings showed that there is a positive and significant relationship between corporate social responsibility and the ability to compare financial statements. Based on these findings, it can be said that social responsibility obliges company managers to adhere to their ethical commitments and provide accurate and quality information to their stakeholders. To do this, they use quality and similar standards and procedures that help reduce information asymmetries at the company level, employees, stakeholders, peer companies and even the capital market. Manuscript profile

Open Access Article

36 - Investigating the effect of economic uncertainty on the relationship between comparability of financial statements and the stock price crash risk in Tehran Stock Exchange
Zeinab Rezaei fatemeh kiyani

10.30495/afi.2022.1944433.1061

The purpose of this study is to investigate the effect of economic uncertainty criteria on the relationship between the financial statement comparability and the stocks price crash risk in companies listed on Tehran Stock Exchange. To measure stocks price crash risk, th More

The purpose of this study is to investigate the effect of economic uncertainty criteria on the relationship between the financial statement comparability and the stocks price crash risk in companies listed on Tehran Stock Exchange. To measure stocks price crash risk, the criterion of negative stock skewness was used and to measure the economic uncertainty, three indicators of inflation rate changes, exchange rate changes and economic growth rate changes were used. For this purpose, data related to 119 companies listed on Tehran Stock Exchange for the period from 2014 to 2020 have been analyzed. The research regression model has been investigated and tested using the panel data method with a random effects approach. The results showed that in conditions of economic uncertainty, stocks price crash risk increased and economic uncertainty criteria moderate the negative relationship between financial statement comparability and stocks price crash risk. In addition, the results showed that improving the quality of financial statement comparability facilitates investors’ access to some information not disclosed by company managers, and therefore managers' motivation to accumulate bad news is reduced, resulting in stocks price crash risk. The effect of the sudden release of bad news is reduced. Manuscript profile

Open Access Article

37 - The effect of managers' experience and influence on the relationship between fraudulent financial statements and the quality of financial reporting of companies listed on the Tehran Stock Exchange
abdolrasoul rahmanian koushkaki ensieh navidi

10.30495/afi.2021.1928502.1021

The present study examines the relationship between fraudulent financial statements and the quality of financial reporting with emphasis on the effectiveness of the experience and influence of managers in companies listed on the Tehran Stock Exchange. The present study More

The present study examines the relationship between fraudulent financial statements and the quality of financial reporting with emphasis on the effectiveness of the experience and influence of managers in companies listed on the Tehran Stock Exchange. The present study is applied and from a methodological point of view, causal (post-event) correlation. The statistical population of the study is all companies listed on the Tehran Stock Exchange and using the systematic elimination sampling method, 131 companies were selected as the research sample and were examined over a period of 7 years between 1391 and 1397. Findings showed that there is an inverse and significant relationship between financial statement fraud and the quality of financial reporting, between managers 'experience has no effect on the relationship between fraudulent financial statements and financial reporting quality, and also, managers' influence on the relationship between fraudulent financial statements and quality Financial reporting has a positive and significant effect. Therefore, it is concluded that influential managers can increase or decrease the quality of their financial reports by controlling fraud factors and managing earnings in financial statements. Manuscript profile

Open Access Article

38 - Investigating the Mediating Role of Comparability of Financial Statements on the Relationship between Managers' Opportunistic Behavior and Investors' Divergence of Opinions
mohsen tohidloo علی بیات Ali Mohammadi VAHAB ROSTAMI

10.30486/FBRA.1403.1105071

Beliefs and emotional tendencies of investors can influence the direction of trading volumes and stock market prices by creating changes in the capital market environment. This paper has investigated the mediating role of comparability of financial statements on the rel More

Beliefs and emotional tendencies of investors can influence the direction of trading volumes and stock market prices by creating changes in the capital market environment. This paper has investigated the mediating role of comparability of financial statements on the relationship between managers' opportunistic behavior and investors' divergence of opinions. This research was conducted post-event and using the causal correlation method. The companies listed to the Tehran Stock Exchange. formed the statistical population of the research, and by applying the desired conditions and systematically removing, it we used information of from 134 companies as a research sample in the period of 2014 to 2023. Divergence of investors' behavior has been calculated using the index of unexpected trading volume and managers' opportunistic behaviors have been measured by two factors of real earnings management and managers' overconfidence. The findings indicated that earnings management and management overconfidence have a direct and significant relationship with the divergence of investors' behavior. Also, the comparability of financial statements moderates the positive relationship between real earnings management and management's overconfidence on the divergence of investors' behavior regarding determining the correct figure of the intrinsic value of stocks while making investment decisions. Manuscript profile

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