Understandability and Transparency of the Financial Statements of ...

More documents

Recommendations

Info

Companies Office. (2010). Incorporate the Company. Retrieved 15 June, 2010, from http://www.companies.govt.nz/cms/banner_template/DOCCOYREG Compton, S. (2006). Don't lose your balance. Chartered Accountants Journal, 85(5), 59. Connolly, C., & Dhanani, A. (2009). Narrative Reporting by UK charities: Association of Chartered Certified Accountants. Retrieved from http://www.accaglobal.com/general/activities/research/reports/sustainable_and_t ransparent/rr_109 Connolly, C., & Hyndman, N. (2000). Charity accounting: An empirical analysis of the impact of recent changes. British Accounting Review, 32, 77-100. Connolly, C., & Hyndman, N. (2001). A comparative study on the impact of revised SORP2 on British and Irish Charities. Financial Accountability & Management, 17(1), 73-97. Connolly, C., & Hyndman, N. (2003). Performance Reporting by UK Charities: Approaches, Difficulties and Current Practice. Edinburgh: The Institute of Chartered Accountants of Scotland,. Retrieved from http://www.icas.org.uk/site/cms/contentviewarticle.asp?article=2646 Connolly, C., & Hyndman, N. (2004). Performance reporting: a comparative study of British and Irish charities. The British Accounting Review, 36, 127-154. Connolly, C., Hyndman, N., & McMahon, D. (2009). Charity Reporting and Accounting: Taking Stock and Future Reform. London: Charity Commission. Retrieved from http://www.charity-commission.gov.uk/publications/rs21.aspx Controller and Auditor-General. (2008). The Auditor-General's observations on the quality of performance reporting. Wellington: Controller and Auditor-General. Retrieved from http://www.oag.govt.nz/2008/performancereporting/docs/performance-reporting.pdf Controller and Auditor-General. (2009). The Auditor-General's views on setting financial reporting standards for the public sector. Wellington: Controller and Auditor-General. Retrieved from http://www.oag.govt.nz/2009/financialreporting-standards/docs/financial-reporting-standards.pdf Cordery, C. J. (2006). The NFP Taskforce Report. Chartered Accountants Journal, 85(5), 14-15. Cordery, C. J. (2007). Committee seeks clarity on financial reporting for NFPs. Chartered Accountants Journal, 86(5), 14-15. Cordery, C. J. (2008). Dimensions of Accountability: Voices from New Zealand Primary Health Organisations. Unpublished PhD, Victoria University of Wellington, Wellington. Retrieved from http://hdl.handle.net/10063/583 Cordery, C. J., & Baskerville, R. (2005). Hegemony, Stakeholder Salience and the Construction of Accountability in the Charity Sector (No. 25). Wellington: Victoria University of Wellington. Retrieved from http://www.victoria.ac.nz/sacl/GATR/workingpapers/WP2s.pdf 230
Cordery, C. J., & Baskerville, R. (2007). Charity financial reporting regulation: a comparative study of the UK and New Zealand. Accounting History, 12(1), 7- 27. Cordery, C. J., & Sinclair, R. (2009). Financial Reporting – a new direction? . Philanthropy News, 51(3), 11-13. Cordery, C. J., & Sinclair, R. (2010a). Submission on Discussion Document on the Proposed Application of Accounting and Assurance Standards under the Proposed New Statutory Framework for Financial Reporting. Wellington & Auckland: Victoria University & AUT University. Cordery, C. J., & Sinclair, R. (2010b). Submission on Discussion Document on the Statutory framework for Financial Reporting. Wellington & Auckland: Victoria University & AUT University. CPA Australia. (2000). Financial reporting by Not-for-Profit entities. Melbourne: CPA Australia. Retrieved from https://www.cpaaustralia.com.au/cps/rde/xbcr/SID- 3F57FECB-FOE38943/cpa/nonprofit.pdf CPA Australia. (2006a, November 6, 2006). Accounting standards fall short for public and NFP sectors. Retrieved 4 September, 2007, from https://www.cpaaustralia.com.au/cps/rde/xchg/SID-3F57FECB-79FA6CC0/cpa CPA Australia. (2006b, 17 October 2006). Not-for-profit roundtable emphasises shortcomings of AIFRS. Retrieved 4 September, 2007, from http://www.cpaaustralia.com.au/cps/rde/xchge/cpa/hs.xsl/1017_20273_ENA_H TML.htm CPA Australia. (2007, May 28, 2007). CPA Australia calls for adoption of new NFP accounting definition. Retrieved 4 September, 2007, from https://www.cpaaustralia.com.au/cps/red/xchg/SID-3F57FECB-79FA6CC0/cpa Crofts, K. (2008). Accountability reporting by faith based benevolent institutions. In Australia New Zealand Third Sector Research conference. Auckland. Cullen, M., & Dunne, P. (2006). Tax incentives for giving to charities and other nonprofit organisations. Wellington: IRD. Retrieved from http://www.taxpolicy.ird.govt.nz/publications/files/taxcharitiesdd.pdf Cullen, M., Swain, P., & Wright, J. (2001). Tax and charities: A government discussion document on taxation issues relating to charities and non-profit bodies. Wellington: Inland Revenue Department,. Retrieved from http://www.taxpolicy.ird.govt.nz/publications/files/tax&charitiesdd.pdf Davis, E. (2008). Charities and tax: the world has changed. Retrieved September 29, 2008, from http://www.nzica.com/AM/Template.cfm?Section=CA_Talk&Template=/CM/C ontentDisplay.cfm&ContentID=13817 Deegan, C., Rankin, M., & Tobin, J. (2002). An examination of the corporate social and environmental disclosures of BHP from 1983-1997: A test of legitimacy theory. Accounting, Auditing & Accountability Journal, 15(3), 312-343. 231
Page 1 and 2:
Understandability and Transparency
Page 3 and 4:
CHAPTER 2: REGULATORY & CONCEPTUAL
Page 5 and 6:
4.3.3 Axiom 3 - The possibility of
Page 7 and 8:
6.6 Summary .......................
Page 9 and 10:
Appendix One - Statement of Financi
Page 11 and 12:
Abbreviations AASB Australian Accou
Page 13 and 14:
Related Research Outputs The follow
Page 15 and 16:
Acknowledgements My journey through
Page 17 and 18:
Abstract Access to charities‟ fin
Page 19 and 20:
CHAPTER 1: INTRODUCTION 1.1 Introdu
Page 21 and 22:
More importantly the study will loo
Page 23 and 24:
Unerman and O‟Dwyer (2008, p. 801
Page 25 and 26:
adopted here is clarified, as the l
Page 27 and 28:
March 1999. Further, a study by the
Page 29 and 30:
those by: Vatter (1947); Anthony (1
Page 31 and 32:
CHAPTER 2: REGULATORY & CONCEPTUAL
Page 33 and 34:
(k) The erection, laying out, maint
Page 35 and 36:
Before looking at the legal structu
Page 37 and 38:
2.3.4 Problems As with charity nome
Page 39 and 40:
yet to be determined. This ensures
Page 41 and 42:
per annum (Charities Commission, 20
Page 43 and 44:
certain cases there will be concept
Page 45 and 46:
The focus of the Charities Commissi
Page 47 and 48:
Unlike incorporated societies, the
Page 49 and 50:
2.4.4.4 Future conceptual framework
Page 51 and 52:
problems with New Zealand‟s regul
Page 53 and 54:
This research seeks to identify if
Page 55 and 56:
charities” (Charity Commission, 2
Page 57 and 58:
statements in different documents t
Page 59 and 60:
seek to identify whether a lack of
Page 61 and 62:
In the international arena transpar
Page 63 and 64:
elevance is compromised. The link b
Page 65 and 66:
3.2 Complexities in Charities’ Fi
Page 67 and 68:
3.2.1 Accounting basis The „Accou
Page 69 and 70:
application of the appropriate GAAP
Page 71 and 72:
length transaction”. This definit
Page 73 and 74:
There are four arguments against de
Page 75 and 76:
Financial Accounting Standards Boar
Page 77 and 78:
al., 2008; Newberry, 1992; Rees & D
Page 79 and 80:
However, the notion of control is a
Page 81 and 82:
Kilcullen et al., 2007b). Charities
Page 83 and 84:
the amount of money spent on admini
Page 85 and 86:
This research seeks to identify wha
Page 87 and 88:
As a result of the literature revie
Page 89 and 90:
the elements of the world, or rathe
Page 91 and 92:
come about through the mutually sim
Page 93 and 94:
Research reports from other organis
Page 95 and 96:
clearer picture of the interviewee
Page 97 and 98:
In England, Palmer and Randall (200
Page 99 and 100:
APPROACHING PARTICIPANTS Within the
Page 101 and 102:
availability of charities‟ financ
Page 103 and 104:
As credibility was usually achieved
Page 105 and 106:
clarifications. This approach was u
Page 107 and 108:
to understand the meaning behind an
Page 109 and 110:
analysis is both complete and impar
Page 111 and 112:
subjective realities (Chua, 1986).
Page 113 and 114:
To assure the study was dependable
Page 115 and 116:
CHAPTER 5: ACCOUNTABILITY 5.1 Intro
Page 117 and 118:
emphasis on the definition of accou
Page 119 and 120:
supposition was that a lack of resp
Page 121 and 122:
general public (Charity Commission,
Page 123 and 124:
assumes the other is monitoring the
Page 125 and 126:
performance reporting rather than f
Page 127 and 128:
appropriate performance information
Page 129 and 130:
examiners and the Charities‟ Boar
Page 131 and 132:
which was set up in 2003. Charity a
Page 133 and 134:
Western Australia, all financial st
Page 135 and 136:
The fourth level of independent exa
Page 137 and 138:
What are the major areas of concern
Page 139 and 140:
subset of good accountability pract
Page 141 and 142:
Programme refers to a meeting of ob
Page 143 and 144:
ecording property, plant and equipm
Page 145 and 146:
Figure 6-2 Dimensions of Financial
Page 147 and 148:
Because the [charity‟s] finances
Page 149 and 150:
„selling a story‟ makes them fo
Page 151 and 152:
that you can use it [the stove] for
Page 153 and 154:
the organisation pay to have those
Page 155 and 156:
contributors twice - first to fund
Page 157 and 158:
There is a need to record restricte
Page 159 and 160:
charity will have control of a seco
Page 161 and 162:
of accountants involved in Charitie
Page 163 and 164:
their decision making. One auditor
Page 165 and 166:
Whilst the sample in this thesis is
Page 167 and 168:
Another problem my study found was
Page 169 and 170:
framework funders would not be able
Page 171 and 172:
The lack of professionalism must be
Page 173 and 174:
New Zealand‟s charitable purpose
Page 175 and 176:
We have since February of last year
Page 177 and 178:
analysis was done of the first comp
Page 179 and 180:
Also the idea of members „taking
Page 181 and 182:
The transparency of their organisat
Page 183 and 184:
7.3 Monitoring As discussed in Chap
Page 185 and 186:
Zealand] Statistics Department poin
Page 187 and 188:
There was a sub-committee running [
Page 189 and 190:
useful for smaller organisation and
Page 191 and 192:
change and they‟re doing a good j
Page 193 and 194:
problem that you‟ve [pause] we‟
Page 195 and 196:
legislation and monitoring. Of part
Page 197 and 198: CHAPTER 8: PERFORMANCE ACCOUNTABILI
Page 199 and 200: In New Zealand both the Controller
Page 201 and 202: what proportion of their charitable
Page 203 and 204: None of the above reasons includes
Page 205 and 206: Charities Commission publication
Page 207 and 208: achieve an appropriate level of per
Page 209 and 210: more effectively in order to increa
Page 211 and 212: eneficiaries‟ needs are met is an
Page 213 and 214: As well as setting aside reserves,
Page 215 and 216: The important aspect of the propose
Page 217 and 218: Mostly they [the funders] are worki
Page 219 and 220: eyond financial health to include
Page 221 and 222: 8.4.4 Prescribed performance report
Page 223 and 224: impact they have on their beneficia
Page 225 and 226: statements, but also other mechanis
Page 227 and 228: compare different charitable organi
Page 229 and 230: shock when their accounts are eithe
Page 231 and 232: 9.4 Academic Contribution This rese
Page 233 and 234: Outcomes (Effectiveness) Figure 9-1
Page 235 and 236: Charities Register, of which thirty
Page 237 and 238: success in their activities. For as
Page 239 and 240: Ahrens, T., & Chapman, C. S. (2006)
Page 241 and 242: Australian Accounting Standards Boa
Page 243 and 244: Bradbury, M. E., & Baskerville, R.
Page 245 and 246: Charities Commission. (2009f). A sn
Page 247: commission.gov.uk/Our_regulatory_ac
Page 251 and 252: Eisenberg, P. (Ed.). (2005). Challe
Page 253 and 254: Fremont-Smith, M. R. (2004). Pillag
Page 255 and 256: Hui, D. (2006). Financial Reporting
Page 257 and 258: http://www.ifac.org/Members/DownLoa
Page 259 and 260: Maxwell, J. A. (1992). Understandin
Page 261 and 262: http://www.nzica.com/AM/Template.cf
Page 263 and 264: O'Sullivan, N., & O'Dwyer, B. (2009
Page 265 and 266: Robson, C. (1993). Real World Resea
Page 267 and 268: Television New Zealand (Writer) (27
Page 269 and 270: Appendix One - Statement of Financi
Page 271 and 272: Appendix Three - Semi-structured in
Page 273 and 274: Appendix Five - Participant informa
Page 275 and 276: Appendix Six - Transcriber’s Conf
Page 277: Heading 1 Heading 2 Heading 3 Prope
show all

Understandability and Transparency of the Financial Statements of ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?