10. ANNUAL ASIAN ACADEMIC ACCOUNTING ASSOCIATION
CONFERENCE PROCEEDINGS
15-18 November 2009
Kadir Has University
10. ANNUAL ASIAN ACADEMIC ACCOUNTING ASSOCIATION
CONFERENCE PROCEEDINGS
15-18 November 2009
Kadir Has University
Istanbul/Turkey
ISBN: 978-975-8919-54-3
Kadir Has University Publications
Editor:
Assoc. Prof. Dr. Mehmet Hasan Eken
Preface
Welcome to the Tenth Annual Conference of the Asian Academic Accounting Association hosted by Kadir Has University in Istanbul on Novemner 15-18, 2009! This is the first time that this prestigious conference is being held in Turkey. We are delighted to be the hosts for the auspicious tenth year of the conference. The Asian Academic Accounting Association is the premier professional organization for accounting academics across Asia. Its mission is to enhance accounting education and research and to build strong ties with the professional accounting community. The conference typically attracts accounting academics from over thirty countries along with members of the business community from the host country.
This year we received 175 manuscripts from academicians in 42 countries on five continents. 95 of these papers have been selected for presentation at the concurrent sessions, after two blind reviews. An additional 17 manuscripts were selected for the research forum applying the same review procedure. We anticipate 200 registrants, including accounting professionals in Turkey, at the conference.
This conference has been organized by a team of seven academicians. Two members of this team including Dr. Mehmet Hasan Eken, incoming AAAA President and Dr. Serkan Çankaya (both of Kadir Has University) have worked particularly diligently over the past year on organizing this conference. The AAAA appreciates their tremendous contributions in making the conference a great success.
This proceeding book contains 95 manuscripts that have been presented at the conference in various areas of accounting and finance alphabetically listed below. The conference program also lists the manuscripts for the research forum.
1- Accounting Education 2- Auditing
3- Behavioral Issues in Accounting 4- Capital Markets
5- Corporate Finance 5- Corporate Governance 6- Earnings Management 7- Financial Reporting 8- International Accounting
9- Islamic Accounting, Banking and Finance 10- Management Accounting
11- Social and Environmental Accounting 12- Social Responsibility
13- Other Issues in Accounting
Shahrokh M. Saudagaran Mehmet Hasan Eken
Secretary General President
TABLE OF CONTENTS
Page 1.1: Accounting Education
Accounting Technicians‘ Capabilities: the Employer and Student
Perspectives
Shirley Carr, (Massey University, New Zealand), Frances Chua (Massey University, New Zealand), Mike Fermor, Universal College of Learning
(UCOL), Whanganu, New Zealand 38
Back to the Basic -- Accounting as Number-crunching Courses
Arief Surya Irawan (Universitas Gadjah Mada, Indonesia), Sony Warsono (Universitas Gadjah Mada, Indonesia), Arif Darmawan (Accounting Division of Accounting Corner, Indonesia), Muhammad Arsyadi Ridha (Accounting
Division of Accounting Corner, Indonesia) 65
Benchmarking the First Year Accounting Unit: Some Evidence from Australia
Nick Sciulli (Victoria University, Australia), Malcolm Smith (Curtin
University,Australia), Phil Ross (University of Western Sydney, Australia) 76 1.2 Behavioral Issues in Accounting
Do Analysts‘ Recommendations Contribute to the IPO Underperformance
Puzzle?
Chee-Meng Yap (National University of Singapore, Singapore), Yew-Kee
Ho (National University of Singapore, Singapore) 85
Do digital Reporting Formats Impact decision accuracy and cognitive effort? Fawzi Laswad (Massey University, New Zealand), Erlane K. Ghani
(Universiti Teknologi Mara, Malaysia), Stuart Tooley (Queensland University
of Technology, Australia) 114
Fairness Perceptions and Compliance Behavior: New Zealand Evidence
Natrah Saad (University of Canterbury, New Zealand) 135
1.3 Earnings Management
Does Investor Protection Affect The Choice Of Earnings Management Methods Through Real Activity Manipulation And Accrual Manipulation? Asian Comparison
Ratna Candra Sari (Gadjah Mada University, Indonesia), Sony Warsono (Gadjah Mada University, Indonesia), Sri Suryaningsum (Gadjah Mada
University, Indonesia) 170
The Effect of Majority Shareholder Ownership on Real Earnings Management: A Korean Perspective
Ho Young Lee (Yonsei University, South Korea), Jai-Min Goh (Yonsei
University, South Korea) Lee Jung-Wha (Hanyang University, South Korea) 198
Related Parties‘ Transaction and Earnings Management: A Case in Indonesia
(Universitas Andalas, Indonesia) 1.4 Capital Markets
Further Evidence from Emerging Capital Markets that both Firm-Specific and Market-Wide Regime Shifting Behavior Approach Explains Asymmetric Price Reaction
Slamet Sugiri (Universitas Gadjah Mada, Indonesia), Sumiyana (Universitas
Gadjah Mada, Indonesia) 272
Have the economic effect of Japanese corporate merger changed? Ohashi Yoshitaka (The University of Aizu, Japan), Takahashi Mioko
(Takasaki City University of Economics, Japan) 294
Impact of Quarterly Disclosure on information Asymmetry: Evidence from Tokyo Stock Exchange Firms
Hitoshi Takehara (Waseda University, Japan), Keiichi Kubota (Chuo
University, Japan), Kazuyuki Suda (Waseda University, Japan) 311 1.5 Corporate Governance
Agency Theory and Managerial Ownership: Evidence from Malaysia
Mazlina Mustapha (Universiti Putra Malaysia, Malaysia), Ayoib Che Ahmad
(Universiti Utara, Malaysia) 336
Antecedents of CEO Selection in Malaysian Public Listed Companies Rokiah Ishak (Universiti Utara Malaysia, Malaysia), Ku Nor Izah Ku Ismail,
Shamsul Nahar Abdullah 362
Board Composition Expertise and Earnings Quality
Hafiza Aishah Hashim (Universiti Malaysia Terengganu, Malaysia), S. Susela Devi (Universiti Malaya, Malaysia), Ferdinand A Gul (The Hong
Kong Polytechnic University, Hong Kong) 388
2.1: Accounting Education
Data Examining Postings to the Discussion Board in Introductory Accounting
Abdel K Halabi, (University of Witswaterrand,South Africa) 410 Investigation of Importance Ethics Education in Accounting Curriculum
Saeed Jabbarzade Kangar Lue (IAU of Urmia, Iran), Akbar Pourreza Soltan
Ahmadi (IAU of Salmas, Iran) 421
The Use of Reflective Learning Journals as a Learning and Assessment Method within an Entry Level Tertiary Accounting Paper
Louise MacKenzie (University of Otago, New Zealand), Malcolm Smith (Curtin University, Australia), Phil Ross (University of Western Sydney,
Australia) 432
2.2 Management Accounting
Production Costs And Cost Management Practices Of Turkish Manufacturing Companies (ici 500): A Descriptive Study
Turkey)
The Effects of Management Demography on Auditor Choice and Earnings Management: Evidence from China
Leung Tak Yan (City University of Hong Kong, Hong Kong), Louis T. W.
Cheng (Hong Kong Polytechnic University, Hong Kong) 475
The Effects of Strategy-Control System Misfits on Firm Performance
Lindawati Gani (Universitas Indonesia, Indonesia), Johnny Jermias (Simon
Fraser University, Canada) 500
2.3 Earnings Management
Reporting Comprehensive income and Managerial Behavior in Japan
Miho Nakamura (Oita University, Japan) 535
The Effect of Corporate name change on the Earnings Management in KOREA
Soon Suk Yoon (Chonnam National University, South Korea), Min Kyong
Park (Chonnam National University, South Korea) 543
The Effect of Earnings Management through Real Activities on Future Operating Performance (Empirical Evidence from Manufacturing Firms Listed in Indonesia Stock Exchange)
Sylvia Veronica Siregar (University of Indonesia, Indonesia), Rizqa Liaviani
Afif (University of Indonesia, Indonesia) 566
2.4 Capital Markets
Life after IPO: Financing and Investing Activities of New Public Listed Firms in Indonesia
Dezie L. Warganegara (BINUS University, Indonesia), Josephine Nicole
(BINUS University, Indonesia) 589
Market Reaction to the Announcement of Related Party Transactions Sidharta Utama (Fakultas Ekonomi Universitas Indonesia, Indonesia), Cynthia A. Utama (Fakultas Ekonomi Universitas Indonesia, Indonesia),
Rafika Yuniasih (Fakultas Ekonomi Universitas Indonesia, Indonesia) 612 Private Information Arrival at Indonesia Stock Exchange, Reality or
Imaginary? U-Shaped Return Variance Curve Verification
Setiyono Mihardjo (Universitas Gadjah Mada, Indonesia), Sumiyana
(Universitas Gadjah Mada, Indonesia) 634
2.5 Corporate Governance
Corporate Governance and Performance of the Listed Companies in TSE Vida Mojtahedzadeh (Al-Zahra University, Iran), Seyed Hossein Alavi
Tabari (Al-Zahra University, Iran) 659
Corporate Governance and Board Performance: Evidence from Public Listed Companies in Malaysia
Hasnah Kamardin (Universiti Utara Malaysia, Malaysia), Hasnah Haron
Relationship Between Directors‘ Bonus and Shareholders‘ Value: A View from Corporate Governance
Zubaidah Zainal Abidin ( Universiti Teknologi MARA), Akhma Adlin Khalid
( Telekom Malaysia Berhad) 718
3.1: Financial Reporting
Risk Relevance of Accounting Variables
Vida Mojtahedzadeh (Al-Zahra University, Iran), Rahele Homayouni Rad
(Al-Zahra University, Iran) 754
Comparison of the Value Relevance between the Purchase and Rental Treatment of Leases
Eiko Sakai (Musashi University, Japan) 785
M&A goodwill accounting: ―Those are my principles, and if you do not like
them...‖
Humberto R Ribeiro (Bragança Polytechnic Institute, Portugal) 809
3.2 Management Accounting
Transfer pricing in service organizations: An Australian perspective Bülend Terzioğlu (Australian Catholic University, Australia), Robert Inglis
(RMIT University, Australia), Robert Clift (RMIT University, Australia) 844 CEO Compensation and Firm Performance: An Australian Perspective
Cathryn Harris (University of Adelaide, Australia), Siti Seri Delima Abdul
Malak (University of Adelaide, Australia) 876
3.3 Earnings Management
The Managers' Strategic Choice for Earnings Management: Real and/or Discretionary Accruals-Based Earnings Management
Yeonhee Park (SungKyunKwan University, South Korea), In Man Song (SungKyunKwan University, South Korea), Kaywon Lee (Chosun University,
South Korea) 907
Earnings Management by Means of Changes in Accounting Entities Case Study
Yoshihiro Tokuga (Kyoto University, Japan), Toshitake Miyauchi (Kyoto
University, Japan) 930
3.4 Capital Markets
Properties of Financial Analysts‘ Earnings Forecast Variance in Good-News and Bad-News Environments: Theory, Evidence and Usefulness
Praveen Sinha (California State University at Long Beach, USA), Pradyot Sen (University of Cincinnati, USA), Davit Adut (University of Cincinnati,
USA) 948
Public Disclosure, Private Information, and Investment Efficiency
Yoshikazu Ishinagi (Nagoya University of Commerce and Business, Japan), Atsushi Shiiba (Osaka University, Japan), Hiroji Takao (Osaka University,
Performance Evaluation Of Turkish Pension Mutual Funds Using Morningstar-Star Rating System
Sudi Apak (Beykent University, Turkey), Kamer Hagop TaΒçıyan (Turkey) 1006
3.5 Corporate Governance
Remuneration Committee, Ownership Structure and Pay-For-Performance: Evidence from Malaysia
Wan Nordın Wan Hussin (Indonesia), Basariah Salim (εalaysia) 1016
The impact of corporate governance mechanism on performance in emerging market (Evidence from Tehran Stock Exchange (TSE) Hossein Fakhari (Mazandaran University, Iran), Abbas Ali Daryaee (Mazandaran
University, Iran), Jean-Claude Cosset (HEC Montreal, Canada) 1053 Investigating the joint effects of strategy, environment and control structure
Lindawati Gani (Universitas Indonesia, Indonesia), Johnny Jermias (Simon
Fraser University, Canada) 1073
4.1: Financial Reporting
Comprehensive Evaluation of the Policy Implementation of Guidelines for
the Presentation and Disclosure of issuers and Public Companies‘ Financial
Statement
Sylvia Veronica Siregar (University of Indonesia, Indonesia), Yan Rahadian (University of Indonesia, Indonesia), Ira Annisa Abdullah (University of
Indonesia, Indonesia) 1103
Determinants and Earnings Quality of the Voluntary Filers of XBRL in Korea Ho Young Lee (Yonsei University, South Korea), Yun Sung Koh (Yonsei University, South Korea), Chaewon Esther Ra (Yonsei University, South
Korea) 1121
4.2 Islamic Accounting, Banking and Finance
Accounting and Accountability in Islamic Religious Based Organizations: The Case of Pesantren in Indonesia
Siti Nabiha Abdul Khalid (Universiti Sains Malaysia, Malaysia), Hasan Basri
(Universitas Syiah Kuala, Indonesia) 1161
The ideal Shariah Audit For Islamic Financial Institutions (IFIS)..
Perceptions of Accounting Academicians, Audit Practitioners and Shari‘Ah
Scholars in Malaysia
Ratna Mulyany (International Islamic University, Malaysia), Shahul Hameed Hj. Mohamed Ibrahim (International Center for Education in Islamic
Finance, Malaysia) 1194
4.3 Corporate Finance
The Cost of Equity Effects of Accruals Quality and Ownership Structure Radziah Abdul Latiff (Universiti Kebangsaan, Malaysia), Fauziah Md Taib
(Universiti Sains Malaysia, Malaysia) 1222
Evidence from Japan
Akinobu Shuto (Kobe University, Japan), Norio Kitagawa (Kobe University, Japan)
Financing alternatives and incentives for renewable energy, from the view
point of Turkey‘s membership to the EU
Cem Berk (Marmara University, Turkey) 1301
4.4 Capital Markets
The Effect of Foreign Ownership on the Association of Dividend Changes and Future Earnings
Hye Jeong Nam (Dongguk University, South Korea), Tae Goo Kang (Rutgers University, USA), Chang Woo Lee (Seoul National University,
South Korea) 1323
The impact of Block-holder Ownership, Firm Size and Level of Competition on Financial Disclosure of Manufacturing Companies Listed in the indonesia Stock Exchange
Cynthia Afriani Utama (University of Indonesia, Indonesia), Thomas D.
Susmantoro ((University of Indonesia, Indonesia) 1360
The impact Of Smoking Ban Fatwa On Indonesian Tobacco‘s Company: Evidence From Stock Market Return
Gatot Soepriyanto (Binus University, Indonesia), Paulina Santoso (Binus
University, Indonesia) 1378
4.5 Corporate Governance
The Role of Corporate Governance in Controlling Related Party Transaction Sidharta Utama (University of Indonesia, Indonesia), Winda Damaiyanti
Hutapea (University of Indonesia, Indonesia) 1395
The influence of Board and Ownership Structure on Pay Performance Based and Non-Pay Performance Based Companies in Malaysia
Basariah Salim, Wan Nordin Wan Hussin 1418
Impact of Accounting Reforms, CG Compliance Reporting and Disclosure intensity on Value Relevance of Accounting Numbers in ISE
εine Aksu (Sabancı University, Turkey), Can Simga Mugan (Middle East Technical University, Turkey), Ayse Tansel Cetin (Gebze Institute of
Technology, Turkey) 1458
5.1: Financial Reporting
The Effects of Transparency and Disclosure on Firm Performance: The Case of SET 100 Thailand
Suchada Jiamsagul (University of Technology Mahanakorn, Thailand) 1459 Risk Signal, Financial Derivatives Transactions and the Indonesian GAAP
Hilda Rossieta (University of Indonesia, Indonesia) 1490
Audit Committee Attributes, Financial Distress and the Quality of Financial Reporting in Malaysia
Haji-Abdullah (Universiti Utara Malaysia, Malaysia) 5.2 Islamic Accounting, Banking and Finance
The impact of Ruhiyah Aspect on the Assessment of Financial Performance Health on Bmts in Residency of Banyumas, Central Java, Indonesia
Muhammad Akhyar Adnan (International Islamic University Malaysia,
Malaysia), Permata Ulfah (Sudirman State University, Indonesia) 1550 Converting a Conventional Brokerage House into an Islamic One (An
Application to the Turkish Market)
Sinan OkumuΒ (εarmara University, Turkey) 1568
Waqf accounting and the construction of accountability
Hidayatul Ihsan (Padang State Polytechnic, Indonesia) 1584 5.3 Social and Environmental Accounting
Should Corporate Social Responsibility Become Mandatory? A View from Indonesian investor
Gatot Soepriyanto (Binus University, Indonesia), Rudy Suryanto
(Universitas Muhammadiyah Yogyakarta, Indonesia) 1624
Revisiting the Relationship between Corporate Social Responsibility and Corporate Financial Performance: Korean Evidence
Jong-Seo Choi (Pusan National University, South Korea), Young-Min Kwak
((Pusan National University, South Korea) 1655
How does Corporate Governance affect the Disclosure Practices of Environmental Information?
Yong-Ki Jung (Chonnam National University, South Korea), Sun-Hwa Kim (Chonnam National University, South Korea), Won-Sin Kim (Chonnam
National University, South Korea) 1681
5.4 Capital Markets
Tunneling, Overlapping Owner, and Investor Protection: Evidence from Merger and Acquisition in Asia
εas‘ud εachfoedz, Sumiyana (Universitas Gadjah εada, Indonesia),
Ratna Candra Sari 1709
The Association between Financial Characteristics and Capital Market Regulatory Non-Compliance
Ainun Na‘im (Universitas Gadjah Mada, Indonesia), Rida Prihatni
(Universitas Negeri Jakarta, Indonesia) 1731
The role of Self-Accounting and Financial Capability in consumer credit decisions
Umberto Filotto (University of Rome, Italy), Gianni Nicolini (University of
Rome, Italy) 1748
5.5 Corporate Governance
Corporate Citizenship and Corporate Governance
The impact of corporate governance practices and performance measurement systems on firm value in emerging markets
Elaine Yen Nee Oon (University of Malaya, Malaysia) 1782
6.1: Financial Reporting
Equity Recognition
Akihiro Noguchi, (Nagoya University, Japan) 1807
Reporting financial ratios in annual reports: Voluntary disclosure perspective
Greg Tower (Curtin University of Technology, Australia), Norhani Aripin (Curtin University of Technology, Australia), Grantley Taylor (Curtin
University of Technology, Australia) 1818
Evaluation of Indonesian Local Government Financial Disclosure Level Year 2007
Nanda Ayu Wijayanti (University of Indonesia, Indonesia), Yan Rahadian (University of Indonesia, Indonesia), Sylvia Veronica Siregar (University of
Indonesia, Indonesia) 1843
6.2 Auditing
Corporate Governance Quality, Audit Fees And Non-Audit Services Fees Mohammed Hudaib (University of Essex, UK), Mahbub Zaman (University
of Manchester, UK), Roszaini Haniffa (Bradford University, UK) 1863 Measurement of Audit Quality through Real-Activity Earnings Management
Hyuk Shawn (Syngkyunkwan University, South Korea), Hyoik Lee (Syngkyunkwan University, South Korea), Sanghyuk Moon (Yeungnam
University, South Korea) 1887
6.3 Social and Environmental Accounting
Ethical Values and Corporate Social Responsibility in Indonesia: An Exploratory Study
Ainun Na‘im (Universitas Gadjah εada, Indonesia) 1913
Stakeholder Engagement: The Relationship between Corporate Social Responsibility, Corporate Strategy and Financial Performance in Australian Firms
Cathryn Harris (University of Adelaide, Australia), Ainul Huda Jamil
(University of Adelaide, Australia) 1949
6.4 Capital Markets
Empirical Evidence on Management Forecast Disclosures in Thailand Somchai Supattarakul (Thammasat University, Thailand), Sirada
Jarutakanont (Thammasat University, Thailand) 1979
Is an Event Responded by Investors as a Non-event? Inquisitive Evidences
When Differentiated between Foreign and Domestic Investors‘ Reactions
Bambang Riyanto LS (Universitas Gadjah Mada, Indonesia), Sumiyana
Evidence on How Firms Combine Dividend Payouts and Share Repurchase Payouts in the Bursa Malaysia
Mohamad Jais (University Malaysia Sarawak, Malaysia), Bakri A. Karim (University Malaysia Sarawak, Malaysia), Azlan Zainol Abidin (University Utara Malaysia, Malaysia), Ayoib Che Ahmad (University Utara Malaysia, Malaysia), Kamarul Bahrain Abdul Manaf (University Utara Malaysia,
Malaysia) 2035
6.5 International Accounting
Japanese Responses to the Exposure Draft on the Conceptual Framework of Financial Accounting by IASB/FASB: The international Comparison Michimasa Satoh (Nagoya University, Japan), Aprilia Beta Suandi (Gadjah
Mada University, Indonesia) 2048
An international institutional Comparative Analysis of the Chinese Approach to Accounting for Business Combinations
Yuri Biondi (Preg CRG – Ecole Polytechnique, France), C. Richard Baker (Adelphi University, USA), Qiusheng Zhang (Beijing Jiaotong University,
China) 2077
Is the capitalization of development costs according to IAS 38 really consistent with the framework?
Carsten Winkler, (Heinrich-Heine-Universität Düsseldorf, Germany), Torsten Mindermann (Heinrich-Heine-Universität Düsseldorf, Germany),
Nadine Walther (Technische Universität Ilmenau Postfach, Germany) 2115
7.1: Financial Reporting
The influence of company characteristics on corporate reporting on the internet by Turkish listed firms
Ali Uyar (Fatih University, Turkey) 2130
Roadmap to Future Mandatory Application of IFRS in Japan—from the perspective of financial statements preparers
Yao Jun (Kobe University, Japan), Hu dan (Nagoya University, Japan), Chitoshi Koga (Kobe University, Japan), Norio Igarashi (Yokohama National
University, Japan) 2154
Company Characteristics, Dominant Personalities in Board Committees and internet Financial Disclosures by Malaysian Listed Companies
Mustafa Mohd Hanefah (Universiti Sains Islam Malaysia, Malaysia), Ali
Saleh Alarussi (Universiti Sana‘a, Yemen) 2176
7.2: Other Issues in Accounting
Tax Knowledge Dimensions under Self Assessment System in Malaysia Noraza Mat Udin (Northern University of Malaysia, Malaysia), Kamil Md Idris (Northern University of Malaysia, Malaysia), Hajah Mustafa Mohd
Hanefah (Islamic Science University of Malaysia, Malaysia) 2194 Using Mathematics to Teach Accounting Principles
Sony Warsono (Universitas Gadjah Mada, Indonesia), Arif Darmawan
Corner, Yogyakarta, Indonesia)
Family Succession and Performance among Malaysian Companies Noor Afza Amran (Universiti Utara Malaysia, Malaysia), Ayoib Che Ahmad
(Universiti Utara Malaysia, Malaysia) 2239
7.3 Social and Environmental Accounting
Determinants of Nonreporting of Social and Environmental information by Malaysian Companies: Empirical Evidence from the Perspective of Proprietary and Information Costs
Noriah Che-Adam (Universiti Utara Malaysia, Malaysia), Lian Kee Phua,
Fauziah Md Taib 2251
Environmental Disclosure, Corporate Characteristics, and Firm Performance: Evidence from Thailand
Aim-orn Jaikengkit (Chulalongkorn University, Thailand), Duangmanee Komaratat (Chulalongkorn University, Thailand), Nopmanee Tepalagul
(Chulalongkorn University, Thailand) 2285
7.4 No Session
7.5 International Accounting
Present Value and Historical Cost Accounting: Toward the Global Convergence and Reconciliation Process in Japan
Noriyuki Tsunogaya (Kyushu University, Japan), Hiromasa Okada
(Nagasaki University, Japan), Hiroshi Yoshimi (Hokkaido University, Japan) 2319 The Effect of IFRS Implementation on Earnings Quality: Case in Japan and
Indonesia
Masako Saito (Osaka Sangyo University, Japan), Sekar Mayangsari
(Trisakti University, Indonesia) 2358
Accounting Conservatism and Future Bad News: The Case Od Singapore And Pakistan
Zuhrohtun, SE, ε.Si (Universitas Pembangunan Nasional ―Veteran‖,
Indonesia) 2389
RESEARCH FORUM PAPERS
Board Independence, Ownership Structure, Audit Quality And income Smoothing Activities
Nooriha Mansor (Universiti Teknologi MARA, Malaysia), Ayoib Che Ahmad
(Universiti Utara, Malaysia) 2413
Differences and the Factors of Convergence of Management Accounting Systems in Developed and Less Developed Countries
Gohar Saleem Parveiz (Institute of Management Sciences, Pakistan), Owais Mufti (Qurtaba University of Science and Information Technology,
Pakistan) 2454
E-Learning Model to Optimized Learning in Higher Education Using Dick and Carey Design Approach
(Airlangga University, Indonesia)
Harmonization of accounting standards and extension of extensible business reporting language (XBRL)
Saeed Jabbarzadeh Kangarlue (Islamic Azad University of Urmia, Iran),
Akbar Pourreza Soltan Ahmadi (Islamic Azad University of Salmas, Iran) 2498 Islamic view of accounting and new theories
Yaghoub Aghdam ((Islamic Azad University, Iran) 2509
Issues of Financial Literacy and Superannuation
Ide Clinton (Australian Catholic University, Australia) 2520 Leasing in Transitional Countries –Ccase of B&H
Maja Letica (University of Mostar, Bosnia and Herzegovina), Mirela Mabic (University of εostar, Bosnia and Herzegovina), Jelena Brkić (University of
Mostar, Bosnia and Herzegovina) 2552
Materiality disclosure thresholds and decision-making for environmental events
Jeffrey Faux (Victoria University, Australia) 2573
Mathematics in Accounting as a Big Unanswered Question
Sony Warsono (Universitas Gadjah Mada, Indonesia), Arif Darmawan (The Accounting Division of Accounting Corner, Indonesia), Muhammad Arsyadi
Ridha (The Accounting Division of Accounting Corner, Indonesia) 2612 Revisions of Management Forecasts and Earnings Management under the
Toyota Production System in the Japanese Automobile Industry
Michio Kunimura (Meijo University, Japan), Mitsuru Kubo (Meijo University,
Japan 2641
The Development And Evaluation Of intellectual Capital Index in Malaysia
Shamsuddin Amanuddin (Universiti Tenaga Nasional, Malaysia) 2664 The Effect of Financial Crisis at Korean Stock Market
Jang Hee Lee (Dongseo University, Japan) 2678
The Predictive Ability of Accrual Models with Respect to Future Cash Flows
Yasushi Yoshida (Chiba University of Commerce, Japan) 2694 Transparency Reports and the Perception They Create On the Audit
Profession – Case Of the Republic Of Macedonia
Zorica Bozinovska Lazarevska (University Ss Cyril and Methodius, Republic
of Macedonia), Stolevska Maja (State Audit Office, Republic of Macedonia) 2698 Triple Entry Accounting and its Metaphors Reconsidered
Gabriel Donleavy (University of Western Sydney, Australia) 2730 Voluntary Disclosure on R&D Projects
Carsten Winkler (Heinrich-Heine-Universität Düsseldorf, Germany), Daniela Hochstein (Heinrich-Heine-Universität Düsseldorf, Germany), Torsten
Mindermann (Heinrich-Heine-Universität Düsseldorf, Germany) 2758
Golestan Province in Iran
Parviz Saidi (Islamic Azad University, Aliabad Katool Branch, Iran), Seyyed Hassan Seyyed Rezaie (Islamic Azad University, Aliabad Katool Branch, Iran)
Identifying Production Capacity of Food Industries Aiming at Finding Out Their Missing Link
Ahmed Sarani (Islamic Azad University, Iran), Zahra Nejad Akbari
10. Annual Asian Academic Accounting Association Conference Program
Sunday, November 15, 2009
8:30 AM
–
09.00 AM
Registration
9:00 AM
–
09.15 AM
Welcome and Introduction
–
M. Hasan Eken
–
Director of Institute of Social Sciences, Kadir Has University
9:15 AM
–
10.30 AM
Country Study: Accounting Research in Japan: Current Paradigm and Opportunities - Noguchi Akihiro- Nagoya University
10:30 AM
–
10.45 AM
Refreshment Break
10:45 AM
–
12.00 AM
Current Trend in Accounting Research: Accounting and Valuation: Connecting Accounting with Finance - P.K.Sen -
University of Cincinnati
12:00 AM
–
13.30 PM
Lunch Break
13:30 PM
–
14.45 PM
Parallel Panels: Finding a Research Topic
–
Mine Aksu -
Sabancı University &
P.K.Sen - University of Cincinnati
Writing and Publishing a Dissertation
–
Noguchi Akihiro- Nagoya University & Hajah Mustafa Mohd Hanefah - Islamic
Science University of Malaysia
15:00 PM
–
16.30 PM
Round Table Research Symposium
–
Faculty
15 min presentation followed by discussions:
Classification of Minority Interest on the Consolidated Balance Sheet in Japan
- Masako Futamura, Nagoya
University, Japan
Disclosure, Cost of Capital and Islamic Banks Performance: A Simultaneous Equations Approach
- Nurul Huda
Abdul Majid, Universiti Utara Malaysia, Malaysia
Corporate Governance and Earnings Management: A Study on the Malaysian Market
- Nooriha Mansor, Universiti
Teknologi MARA Perak, Malaysia
Economic Effects from Accounting Policy
:
The Mergers and Acquisitions Case
–
Humberto Ribeiro, Leicester
Business School, UK
4:30 PM - 5:30 PM
Plenary Session - Preparing for a lifelong career in Academia - Shahrokh Saudagaran
–
University of Washington
Monday, November 16, 2009
9:00 AM
–
10.00 AM
Registration
10:00 AM
–
11.30 AM
Opening Plenary
M. Hasan Eken
–
Director of Institute of Social Sciences
–
Kadir Has University, President-Elect, AAAA
Shahrokh Saudagaran -
Dean for the Milgard School of Business - University of Washington, Secretary-General, AAAA
Yücel Yılmaz –
Rector of Kadir Has University
Keynote Speaker
Bülent Üstünel –
Chairman of Turkish Accounting Standards Board
11:30 AM
–
12:00 AM
Refreshment Break
12:00 AM
–
13:30 PM
Concurrent Sessions
Session 1.1: Accounting Education
Room 1
Moderator: Lindawati Gani, Universitas Indonesia, Indonesia
Accounting Technicians‘ Capabilities: the Employer and Student Perspectives
Shirley Carr, (Massey University, New Zealand), Frances Chua (Massey University, New Zealand), Mike Fermor,
Universal College of Learning (UCOL), Whanganu, New Zealand
Back to the Basic -- Accounting as Number-crunching Courses
Arief Surya Irawan (Universitas Gadjah Mada, Indonesia), Sony Warsono (Universitas Gadjah Mada, Indonesia), Arif
Darmawan (Accounting Division of Accounting Corner, Indonesia), Muhammad Arsyadi Ridha (Accounting Division of
Accounting Corner, Indonesia)
Benchmarking the First Year Accounting Unit: Some Evidence from Australia
1.2 Behavioral Issues in Accounting
Room 2
Moderator: Sidharta Utama, University of Indonesia, Indonesia
Do Analysts‘ Recommendations Contribute to the IPO Underperformance Puzzle?
Chee-Meng Yap (National University of Singapore, Singapore), Yew-Kee Ho (National University of Singapore,
Singapore)
Do digital reporting formats impact decision accuracy and cognitive effort?
Fawzi Laswad (Massey University, New Zealand), Erlane K. Ghani (Universiti Teknologi Mara, Malaysia), Stuart Tooley
(Queensland University of Technology, Australia)
Fairness Perceptions and Compliance Behavior: New Zealand Evidence
Natrah Saad (University of Canterbury, New Zealand)
1.3 Earnings Management
Room 3
Moderator: Miho Nakamura, Oita University, Japan
Does Investor Protection Affect The Choice Of Earnings Management Methods Through Real Activity Manipulation And
Accrual Manipulation? Asian Comparison
Ratna Candra Sari (Gadjah Mada University, Indonesia), Sony Warsono (Gadjah Mada University, Indonesia), Sri
Suryaningsum (Gadjah Mada University, Indonesia)
The Effect of Majority Shareholder Ownership on Real Earnings Management: A Korean Perspective
Ho Young Lee (Yonsei University, South Korea), Jai-Min Goh (Yonsei University, South Korea) Lee Jung-Wha (Hanyang
University, South Korea)
Related Parties‘ Transaction and Earnings Management: A Case in I
ndonesia
1.4 Capital Markets
Room 4
Moderator: Pradyot K. Sen, University of Cinninati, USA
Further Evidence from Emerging Capital Markets that both Firm-Specific and Market-Wide Regime Shifting Behavior
Approach Explains Asymmetric Price Reaction
Slamet Sugiri (Universitas Gadjah Mada, Indonesia), Sumiyana (Universitas Gadjah Mada, Indonesia)
Have the economic effect of Japanese corporate merger changed?
Ohashi Yoshitaka (The University of Aizu, Japan), Takahashi Mioko (Takasaki City University of Economics, Japan)
Impact of Quarterly Disclosure on information Asymmetry: Evidence from Tokyo Stock Exchange Firms
Hitoshi Takehara (Waseda University, Japan), Keiichi Kubota (Chuo University, Japan), Kazuyuki Suda (Waseda
University, Japan)
1.5 Corporate Governance
Room 5
Moderator: Yoshikazu Ishinagi, Nagoya University, Japan
Agency Theory and Managerial Ownership: Evidence from Malaysia
Mazlina Mustapha (Universiti Putra Malaysia, Malaysia), Ayoib Che Ahmad (Universiti Utara, Malaysia)
Antecedents of CEO Selection in Malaysian Public Listed Companies
Rokiah Ishak (Universiti Utara Malaysia, Malaysia), Ku Nor Izah Ku Ismail, Shamsul Nahar Abdullah
Board Composition Expertise and Earnings Quality
Hafiza Aishah Hashim (Universiti Malaysia Terengganu, Malaysia), S. Susela Devi (Universiti Malaya, Malaysia),
Ferdinand A Gul (The Hong Kong Polytechnic University, Hong Kong)
1.6 Research Forum
Room 6
13:30 PM
–
14:30 PM
Lunch Break
14:30 PM
–
16:00 PM
Concurrent Sessions
Session 2.1: Accounting Education
Room 1
Moderator: Shirley Carr, Massey University, New Zealand
Data Examining Postings to the Discussion Board in Introductory Accounting
Abdel K Halabi, (University of Witswaterrand,South Africa)
Investigation of Importance Ethics Education in Accounting Curriculum
Saeed Jabbarzade Kangar Lue (IAU of Urmia, Iran), Akbar Pourreza Soltan Ahmadi (IAU of Salmas, Iran)
The Use of Reflective Learning Journals as a Learning and Assessment Method within an Entry Level Tertiary Accounting
Paper
Louise MacKenzie (University of Otago, New Zealand), Malcolm Smith (Curtin University, Australia), Phil Ross (University
of Western Sydney, Australia)
2.2 Management Accounting
Room 2
εoderator: Bülend Terzioğlu, Australian Catholic University, Australia
Production Costs And Cost Management Practices Of Turkish Manufacturing Companies (ici 500): A Descriptive Study
Yusuf Ağ (Bozok University, T
urkey), Murat Kocsoy (Bozok University, Turkey)
The Effects of Management Demography on Auditor Choice and Earnings Management: Evidence from China
Leung Tak Yan (City University of Hong Kong, Hong Kong), Louis T. W. Cheng (Hong Kong Polytechnic University, Hong
Kong)
Lindawati Gani (Universitas Indonesia, Indonesia), Johnny Jermias (Simon Fraser University, Canada)
2.3 Earnings Management
Room 3
Moderator: Chee Meng Yap, National University of Singapore, Singapore
Reporting Comprehensive income and Managerial Behavior in Japan
Miho Nakamura (Oita University, Japan)
The Effect of Corporate name change on the Earnings Management in KOREA
Soon Suk Yoon (Chonnam National University, South Korea), Min Kyong Park (Chonnam National University, South
Korea)
The Effect of Earnings Management through Real Activities on Future Operating Performance (Empirical Evidence from
Manufacturing Firms Listed in Indonesia Stock Exchange)
Sylvia Veronica Siregar (University of Indonesia, Indonesia), Rizqa Liaviani Afif (University of Indonesia, Indonesia)
2.4 Capital Markets
Room 4
Moderator: Sudi Apak, Beykent University, Turkey
Life after IPO: Financing and Investing Activities of New Public Listed Firms in Indonesia
Dezie L. Warganegara (BINUS University, Indonesia), Josephine Nicole (BINUS University, Indonesia)
Market Reaction to the Announcement of Related Party Transactions
Sidharta Utama (Fakultas Ekonomi Universitas Indonesia, Indonesia), Cynthia A. Utama (Fakultas Ekonomi Universitas
Indonesia, Indonesia), Rafika Yuniasih (Fakultas Ekonomi Universitas Indonesia, Indonesia)
Private Information Arrival at Indonesia Stock Exchange, Reality or Imaginary? U-Shaped Return Variance Curve
Verification
2.5 Corporate Governance
Room 5
Moderator: Rokiah Ishak, Universiti Utara Malaysia, Malaysia
Corporate Governance and Performance of the Listed Companies in TSE
Vida Mojtahedzadeh (Al-Zahra University, Iran), Seyed Hossein Alavi Tabari (Al-Zahra University, Iran)
Corporate Governance and Board Performance: Evidence from Public Listed Companies in Malaysia
Hasnah Kamardin (Universiti Utara Malaysia, Malaysia), Hasnah Haron (Universiti Sains Malaysia, Malaysia)
Relationship Between Directors‘ Bonus and Shareholders‘ Value: A View from Corporate Governance
Zubaidah Zainal Abidin ( Universiti Teknologi MARA), Akhma Adlin Khalid ( Telekom Malaysia Berhad)
2.6 Research Forum
Room 6
Moderator: TBD
16:00 PM
–
16:30 PM
Coffee Break
16:30 PM
–
18:00 PM
Concurrent Sessions
Session 3.1: Financial Reporting
Room 1
Moderator: Sumiyana, Universitas Gadjah Mada, Indonesia
Risk Relevance of Accounting Variables
Vida Mojtahedzadeh (Al-Zahra University, Iran), Rahele Homayouni Rad (Al-Zahra University, Iran)
Eiko Sakai (Musashi University, Japan)
M&A goodwil
l accounting: ―Those are my principles, and if you do not like them...‖
Humberto R Ribeiro (Bragança Polytechnic Institute, Portugal)
3.2 Management Accounting
Room 2
Moderator: Leung Tak Yan (City University of Hong Kong, Hong Kong
Transfer pricing in service organizations: An Australian perspective
Bülend Terzioğlu (Australian Catholic University, Australia), Robert Inglis (RεIT University, Australia), Robert Clift (RεIT
University, Australia)
CEO Compensation and Firm Performance: An Australian Perspective
Cathryn Harris (University of Adelaide, Australia), Siti Seri Delima Abdul Malak (University of Adelaide, Australia)
3.3 Earnings Management
Room 3
Moderator: Sylvia Veronica Siregar, University of Indonesia, Indonesia
The Managers' Strategic Choice for Earnings Management: Real and/or Discretionary Accruals-Based Earnings
Management
Yeonhee Park (SungKyunKwan University, South Korea), In Man Song (SungKyunKwan University, South Korea),
Kaywon Lee (Chosun University, South Korea)
Earnings Management by Means of Changes in Accounting Entities Case Study
Yoshihiro Tokuga (Kyoto University, Japan), Toshitake Miyauchi (Kyoto University, Japan)
3.4 Capital Markets
Room 4
Properties of Financial Analysts‘ Earnings Forecast Variance
in Good-News and Bad-News Environments: Theory,
Evidence and Usefulness
Praveen Sinha (California State University at Long Beach, USA), Pradyot Sen (University of Cincinnati, USA), Davit Adut
(University of Cincinnati, USA)
Public Disclosure, Private Information, and Investment Efficiency
Yoshikazu Ishinagi (Nagoya University of Commerce and Business, Japan), Atsushi Shiiba (Osaka University, Japan),
Hiroji Takao (Osaka University, Japan)
Performance Evaluation Of Turkish Pension Mutual Funds Using Morningstar-Star Rating System
Sudi Apak (Beykent University, Turkey), Kamer Hagop TaΒçıyan (Turkey)
3.5 Corporate Governance
Room 5
Moderator: Mazlina Mustapha, Universiti Putra Malaysia, Malaysia
Remuneration Committee, Ownership Structure and Pay-For-Performance: Evidence from Malaysia
Wan Nordın Wan Hussin (Indonesia), Basariah Salim (εalaysia)
The impact of corporate governance mechanism on performance in emerging market (Evidence from Tehran Stock
Exchange (TSE)
Hossein Fakhari (Mazandaran University, Iran), Abbas Ali Daryaee (Mazandaran University, Iran),
Jean-Claude Cosset (HEC Montreal, Canada)
Investigating the joint effects of strategy, environment and control structure
Lindawati Gani (Universitas Indonesia, Indonesia), Johnny Jermias (Simon Fraser University, Canada)
3.6 Research Forum
Room 6
Moderator: TBD
Tuesday, November 17, 2009
9:30 AM
–
10.00 AM
Registration
10:00 AM
–
11:30 AM
Concurrent Sessions
Session 4.1: Financial Reporting
Room 1
Moderator: Akihiro Noguchi, Nagoya University, Japan
Comprehensive Evaluation of the Policy Implementation of Guidelines for the Presentation and Disclosure of issuers and
Public Companies‘ Financial Statement
Sylvia Veronica Siregar (University of Indonesia, Indonesia), Yan Rahadian (University of Indonesia, Indonesia), Ira
Annisa Abdullah (University of Indonesia, Indonesia)
Determinants and Earnings Quality of the Voluntary Filers of XBRL in Korea
Ho Young Lee (Yonsei University, South Korea), Yun Sung Koh (Yonsei University, South Korea), Chaewon Esther Ra
(Yonsei University, South Korea)
4.2 Islamic Accounting, Banking and Finance
Room 2
Moderator: Permata Ulfah , Sudirman State University, Indonesia
Accounting and Accountability in Islamic Religious Based Organizations: The Case of Pesantren in Indonesia
Siti Nabiha Abdul Khalid (Universiti Sains Malaysia, Malaysia), Hasan Basri (Universitas Syiah Kuala, Indonesia)
Ratna Mulyany (International Islamic University, Malaysia), Shahul Hameed Hj. Mohamed Ibrahim (International Center
for Education in Islamic Finance, Malaysia)
4.3 Corporate Finance
Room 3
Moderator: Mohammed Hudaib, University of Essex, UK
The Cost of Equity Effects of Accruals Quality and Ownership Structure
Radziah Abdul Latiff (Universiti Kebangsaan, Malaysia), Fauziah Md Taib (Universiti Sains Malaysia, Malaysia)
The Effect of Managerial Ownership on the Cost of Debt: Empirical Evidence from Japan
Akinobu Shuto (Kobe University, Japan), Norio Kitagawa (Kobe University, Japan)
Financing alternatives and incentives for renewable energy, from the view point of Turkey‘s membership to the
EU
Cem Berk (Marmara University, Turkey)
4.4 Capital Markets
Room 4
Moderator: Carsten Winkler, Heinrich-Heine-
Universität Düsseldorf, Germany
The Effect of Foreign Ownership on the Association of Dividend Changes and Future Earnings
Hye Jeong Nam (Dongguk University, South Korea), Tae Goo Kang (Rutgers University, USA), Chang Woo Lee (Seoul
National University, South Korea)
The impact of Block-holder Ownership, Firm Size and Level of Competition on Financial Disclosure of Manufacturing
Companies Listed in the indonesia Stock Exchange
Cynthia Afriani Utama (University of Indonesia, Indonesia), Thomas D. Susmantoro ((University of Indonesia, Indonesia)
The impact Of Smoking Ban Fatwa On Indonesian Tobacco‘s Company: Evidence From Stock Market Retu
rn
Gatot Soepriyanto (Binus University, Indonesia), Paulina Santoso (Binus University, Indonesia)
Moderator: Yuri Biondi, Preg CRG
–
Ecole Polytechnique, France
The Role of Corporate Governance in Controlling Related Party Transaction
Sidharta Utama (University of Indonesia, Indonesia), Winda Damaiyanti Hutapea (University of Indonesia, Indonesia)
The influence of Board and Ownership Structure on Pay Performance Based and Non-Pay Performance Based
Companies in Malaysia
Basariah Salim, Wan Nordin Wan Hussin
Impact of Accounting Reforms, CG Compliance Reporting and Disclosure intensity on Value Relevance of Accounting
Numbers in ISE
εine Aksu (Sabancı University, Turkey)
, Can Simga Mugan
(
Middle East Technical University, Turkey), Ayse Tansel Cetin (Gebze Institute of Technology, Turkey)4.6 Research Forum
Room 6
Moderator: TBD
11:30 AM
–
12:00 AM
Coffee Break
12:00 AM
–
13:30 PM
Concurrent Sessions
Session 5.1: Financial Reporting
Room 1
Moderator: Sylvia Veronica Siregar, University of Indonesia, Indonesia
The Effects of Transparency and Disclosure on Firm Performance: The Case of SET 100 Thailand
Suchada Jiamsagul (University of Technology Mahanakorn, Thailand)
Risk Signal, Financial Derivatives Transactions and the Indonesian GAAP
Hilda Rossieta (University of Indonesia, Indonesia)
Audit Committee Attributes, Financial Distress and the Quality of Financial Reporting in Malaysia
Wan Nordin Wan-Hussin (Universiti Utara Malaysia, Malaysia), Noor Marini Haji-Abdullah (Universiti Utara Malaysia,
Malaysia)
5.2 Islamic Accounting, Banking and Finance
Room 2
Moderator: Cynthia Afriani Utama, University of Indonesia, Indonesia
The impact of Ruhiyah Aspect on the Assessment of Financial Performance Health on Bmts in Residency of Banyumas,
Central Java, Indonesia
Muhammad Akhyar Adnan (International Islamic University Malaysia, Malaysia), Permata Ulfah (Sudirman State
University, Indonesia)
Converting a Conventional Brokerage House into an Islamic One (An Application to the Turkish Market)
Sinan OkumuΒ (εarmara University, Turkey)
Waqf accounting and the construction of accountability
Hidayatul Ihsan (Padang State Polytechnic, Indonesia)
5.3 Social and Environmental Accounting
Room 3
Moderator: Aim-orn Jaikengkit, Chulalongkorn University, Thailand
Should Corporate Social Responsibility Become Mandatory? A View from Indonesian investor
Gatot Soepriyanto (Binus University, Indonesia), Rudy Suryanto (Universitas Muhammadiyah Yogyakarta, Indonesia)
Revisiting the Relationship between Corporate Social Responsibility and Corporate Financial Performance: Korean
Evidence
Jong-Seo Choi (Pusan National University, South Korea), Young-Min Kwak ((Pusan National University, South Korea)
Yong-Ki Jung (Chonnam National University, South Korea), Sun-Hwa Kim (Chonnam National University, South Korea),
Won-Sin Kim (Chonnam National University, South Korea)
5.4 Capital Markets
Room 4
Moderator: Somchai Supattarakul, Thammasat University, Thailand
Tunneling, Overlapping Owner, and Investor Protection: Evidence from Merger and Acquisition in Asia
εas‘ud εachfoedz, Sumiyana (Universitas Gadjah εada, Indonesia), Ratna Candra Sari
The Association between Financial Characteristics and Capital Market Regulatory Non-Compliance
Ainun Na‘im (Universitas Gadjah εada, Indonesia), Rida Prihatni (Universitas Negeri Jakarta, Indonesia)
The role of Self-Accounting and Financial Capability in consumer credit decisions
Umberto Filotto (University of Rome, Italy), Gianni Nicolini (University of Rome, Italy)
5.5 Corporate Governance
Room 5
Moderator
: εine Aksu, Sabancı University, Turkey
Corporate Citizenship and Corporate Governance
εüberra Yüksel (Kadir Has University, Turkey)
The impact of corporate governance practices and performance measurement systems on firm value in emerging markets
Elaine Yen Nee Oon (University of Malaya, Malaysia)
5.6 Research Forum
Room 6
Moderator: TBD
14:30 PM
–
16:00 PM
Concurrent Sessions
Session 6.1: Financial Reporting
Room 1
Moderator: Wan Nordin Wan-Hussin, Universiti Utara Malaysia, Malaysia
Equity Recognition
Akihiro Noguchi, (Nagoya University, Japan)
Reporting financial ratios in annual reports: Voluntary disclosure perspective
Greg Tower (Curtin University of Technology, Australia), Norhani Aripin (Curtin University of Technology, Australia),
Grantley Taylor (Curtin University of Technology, Australia)
Evaluation of Indonesian Local Government Financial Disclosure Level Year 2007
Nanda Ayu Wijayanti (University of Indonesia, Indonesia), Yan Rahadian (University of Indonesia, Indonesia), Sylvia
Veronica Siregar (University of Indonesia, Indonesia)
6.2 Auditing
Room 2
Moderator: Gatot Soepriyanto, Binus University, Indonesia
Corporate Governance Quality, Audit Fees And Non-Audit Services Fees
Mohammed Hudaib (University of Essex, UK), Mahbub Zaman (University of Manchester, UK), Roszaini Haniffa (Bradford
University, UK)
Measurement of Audit Quality through Real-Activity Earnings Management
Hyuk Shawn (Syngkyunkwan University, South Korea), Hyoik Lee (Syngkyunkwan University, South Korea), Sanghyuk
Moon (Yeungnam University, South Korea)
Ethical Values and Corporate Social Responsibility in Indonesia: An Exploratory Study
Ainun Na‘im (Universitas Gadjah εada, Indonesia)
Stakeholder Engagement: The Relationship between Corporate Social Responsibility, Corporate Strategy and Financial
Performance in Australian Firms
Cathryn Harris (University of Adelaide, Australia), Ainul Huda Jamil (University of Adelaide, Australia)
6.4 Capital Markets
Room 4
Moderator: Hye Jeong Nam, Dongguk University, South Korea
Empirical Evidence on Management Forecast Disclosures in Thailand
Somchai Supattarakul (Thammasat University, Thailand), Sirada Jarutakanont (Thammasat University, Thailand)
Is an Event Responded by Investors as a Non-event? Inquisitive Evidences When Differentiated between Foreign and
Domestic Investors‘ Reactions
Bambang Riyanto LS (Universitas Gadjah Mada, Indonesia), Sumiyana (Universitas Gadjah Mada, Indonesia)
Evidence on How Firms Combine Dividend Payouts and Share Repurchase Payouts in the Bursa Malaysia
Mohamad Jais (University Malaysia Sarawak, Malaysia), Bakri A. Karim (University Malaysia Sarawak, Malaysia), Azlan
Zainol Abidin (University Utara Malaysia, Malaysia), Ayoib Che Ahmad (University Utara Malaysia, Malaysia), Kamarul
Bahrain Abdul Manaf (University Utara Malaysia, Malaysia)
6.5 International Accounting
Room 5
Moderator: Masako Saito, Osaka Sangyo University, Japan
Japanese Responses to the Exposure Draft on the Conceptual Framework of Financial Accounting by IASB/FASB: The
international Comparison
An international institutional Comparative Analysis of the Chinese Approach to Accounting for Business Combinations
Yuri Biondi (Preg CRG
–
Ecole Polytechnique, France), C. Richard Baker (Adelphi University, USA), Qiusheng Zhang
(Beijing Jiaotong University, China)
Is the capitalization of development costs according to IAS 38 really consistent with the framework?
Carsten Winkler, (Heinrich-Heine-
Universität Düsseldorf, Germany), Torsten εindermann (Heinrich
-Heine-Un
iversität
Düsseldorf, Germany), Nadine Walther (Technische Universität Ilmenau Postfach, Germany)
6.6 Research Forum
Room 6
Moderator: TBD
16:00 PM
–
16:30 PM
Refreshment Break
16:30 PM
–
18:00 PM
Concurrent Sessions
Session 7.1: Financial Reporting
Room 1
Moderator: Norhani Aripin, Curtin University of Technology, Australia
The influence of company characteristics on corporate reporting on the internet by Turkish listed firms
Ali Uyar (Fatih University, Turkey)
Roadmap to Future Mandatory Application of IFRS in Japan
—
from the perspective of financial statements preparers
Yao Jun (Kobe University, Japan), Hu dan (Nagoya University, Japan), Chitoshi Koga (Kobe University, Japan), Norio
Igarashi (Yokohama National University, Japan)
Company Characteristics, Dominant Personalities in Board Committees and internet Financial Disclosures by Malaysian
Listed Companies
Session 7.2: Other Issues in Accounting
Room 2
Moderator: Hilda Rossieta, University of Indonesia, Indonesia
Tax Knowledge Dimensions under Self Assessment System in Malaysia
Noraza Mat Udin (Northern University of Malaysia, Malaysia), Kamil Md Idris (Northern University of Malaysia, Malaysia),
Hajah Mustafa Mohd Hanefah (Islamic Science University of Malaysia, Malaysia)
Using Mathematics to Teach Accounting Principles
Sony Warsono (Universitas Gadjah Mada, Indonesia), Arif Darmawan (Cherry Corner, Yogyakarta, Indonesia),
Muhammad Arsyadi Ridha (Cherry Corner, Yogyakarta, Indonesia)
Family Succession and Performance among Malaysian Companies
Noor Afza Amran (Universiti Utara Malaysia, Malaysia), Ayoib Che Ahmad (Universiti Utara Malaysia, Malaysia)
7.3 Social and Environmental Accounting
Room 3
Moderator: Cathryn Harris, University of Adelaide, Australia
Determinants of Nonreporting of Social and Environmental information by Malaysian Companies: Empirical Evidence from
the Perspective of Proprietary and Information Costs
Noriah Che-Adam (Universiti Utara Malaysia, Malaysia), Lian Kee Phua, Fauziah Md Taib
Environmental Disclosure, Corporate Characteristics, and Firm Performance: Evidence from Thailand
Aim-orn Jaikengkit (Chulalongkorn University, Thailand), Duangmanee Komaratat (Chulalongkorn University, Thailand),
Nopmanee Tepalagul (Chulalongkorn University, Thailand)
7.4 No session in this room
Room 4
Moderator: Somchai Supattarakul, Thammasat University, Thailand
Present Value and Historical Cost Accounting: Toward the Global Convergence and Reconciliation Process in Japan
Noriyuki Tsunogaya (Kyushu University, Japan), Hiromasa Okada (Nagasaki University, Japan), Hiroshi Yoshimi
(Hokkaido University, Japan)
The Effect of IFRS Implementation on Earnings Quality: Case in Japan and Indonesia
Masako Saito (Osaka Sangyo University, Japan), Sekar Mayangsari (Trisakti University, Indonesia)
Accounting Conservatism and Future Bad News: The Case Od Singapore And Pakistan
Zuhrohtun, SE, ε.Si (Universitas Pembangunan Nasional ―Veteran‖, Indonesia)
7.6 Research Forum
Room 6
Moderator: TBD
17:30 PM
–
18:30 PM
Annual General Meeting
18:30
–
24:00 PM
Conference Dinner
RESEARCH FORUM PAPERS
Board Independence, Ownership Structure, Audit Quality And income Smoothing Activities
Differences and the Factors of Convergence of Management Accounting Systems in Developed and Less Developed
Countries
Gohar Saleem Parveiz (Institute of Management Sciences, Pakistan), Owais Mufti (Qurtaba University of Science and
Information Technology, Pakistan),
E-Learning Model to Optimized Learning in Higher Education Using Dick and Carey Design Approach
A.A. Gde Satia Utama (Airlangga University, Indonesia), Khusnul Prasetyo (Airlangga University, Indonesia)
Harmonization of accounting standards and extension of extensible business reporting language (XBRL)
Saeed Jabbarzadeh Kangarlue (Islamic Azad University of Urmia, Iran), Akbar Pourreza Soltan Ahmadi (Islamic Azad
University of Salmas, Iran)
Islamic view of accounting and new theories
Yaghoub Aghdam ((Islamic Azad University, Iran)
Issues of Financial Literacy and Superannuation
Ide Clinton (Australian Catholic University, Australia)
Leasing in Transitional Countries
–
Ccase of B&H
Maja Letica (University of Mostar, Bosnia and Herzegovina), Mirela Mabic (University of Mostar, Bosnia and Herzegovina),
Jelena Brkić (University of εostar, Bosnia and Herzegovina)
Materiality disclosure thresholds and decision-making for environmental events
Jeffrey Faux (Victoria University, Australia)
Mathematics in Accounting as a Big Unanswered Question
Sony Warsono (Universitas Gadjah Mada, Indonesia), Arif Darmawan (The Accounting Division of Accounting Corner,
Indonesia), Muhammad Arsyadi Ridha (The Accounting Division of Accounting Corner, Indonesia)
Michio Kunimura (Meijo University, Japan), Mitsuru Kubo (Meijo University, Japan)
The Development And Evaluation Of intellectual Capital Index in Malaysia
Shamsuddin Amanuddin (Universiti Tenaga Nasional, Malaysia)
The Effect of Financial Crisis at Korean Stock Market
Jang Hee Lee (Dongseo University, Japan)
The Predictive Ability of Accrual Models with Respect to Future Cash Flows
Yasushi Yoshida (Chiba University of Commerce, Japan)
Transparency Reports and the Perception They Create On the Audit Profession
–
Case Of the Republic Of Macedonia
Zorica Bozinovska Lazarevska (University Ss Cyril and Methodius, Republic of Macedonia), Stolevska Maja (State Audit
Office, Republic of Macedonia)
Triple Entry Accounting and its Metaphors Reconsidered
Gabriel Donleavy (University of Western Sydney, Australia)
Voluntary Disclosure on R&D Projects
Carsten Winkler (Heinrich-Heine-
Universität Düsseldorf, Germany), Daniela Hochstein
(Heinrich-Heine-
Universität
Düsseldorf, Germany),
Torsten Mindermann (Heinrich-Heine-
Universität Düsseldorf, Germany)
The Evaluation of Bank Network Role in Economic Growth Case Study of Golestan Province in Iran
Parviz Saidi (Islamic Azad University, Aliabad Katool Branch, Iran), Seyyed Hassan Seyyed Rezaie (Islamic Azad
University, Aliabad Katool Branch, Iran)
Session 1.1: Accounting Education
ACCOUNTING TECHNICIA
NS‟ CAPABILITIES: TH
E EMPLOYER AND
STUDENT PERSPECTIVES
Shirley Carr, Academic Director, College of Business, Massey University, New Zealand Frances Chua, Lecturer, School of Accountancy, Massey University, New Zealand Mike Fermor, Lecturer, Universal College of Learning (UCOL), Whanganui, New Zealand
ABSTRACT
As accountants face pressure from a skills shortage, increasing regulation and a widening range of services to clients, professional bodies are paying more attention to paraprofessionals, the accounting technicians (ATs). This group of paraprofessionals, many of whom are not affiliated to a professional body, has a worldwide presence and is perceived to be an increasingly valuable part of the accounting services supply chain. As such, improving the credentials of this group may be seen as a way of legitimising their role in the provision of accounting services. With a rapidly growing paraprofessional sector, the profession has a responsibility to ensure that AT entry requirements, that is, AT education and training, are relevant and set at an appropriate level. In particular, the competence, skills and integrity of this group need to meet the expectations of the public, employers and the profession.
This paper reports the results of an opinion survey of New Zealand ATs and their employers on the relevance of AT skills, attributes and knowledge in their work environment. The findings suggest that although ATs perform a variety of technical tasks in the workplace, the employers tend to consider an AT‘s integrity, communication, and problem solving skills to be more important than their technical skills. Further, the ATs found that many of the key skills, attributes and areas of knowledge identified as being important to their work activities, were not adequately covered in their formal education. The findings also suggest that more ATs are electing to complete a degree in accountancy. All these may have implications for the traditional sub-degree diploma route, and the positioning of ATs in the profession.
INTRODUCTION
Professions are an integral part of society. The accounting profession, as one of the so-called ―elite‖ professions, is a critical and indispensable element in any economy depending on private capital. Over the years, the accounting profession has attempted to maintain its relevance in light of the rapid changes in the business environment. However, with increasing demands for accounting services, it is facing a skills shortage with paraprofessionals, namely, accounting technicians (ATs), working in supporting roles of accounting services. Some of these paraprofessionals are affiliated to a professional body while others are not.
A growing para-professional sector in accounting raises questions of quality for the profession. In the last few decades, attempts have been made by the UK, Australia and New Zealand professional accounting bodies to legitimise the supporting role of accounting personnel. To ensure that the quality of work of the accounting technicians is acceptable to the employers and does not erode the image of the profession, it is the responsibility of the accounting profession to oversee the entry requirements of this group - whether the entry academic requirements are relevant to the changing environment, and whether their levels of competence, skills and integrity meet the expectations of the public, employers and the profession. The interaction between employers, educators and other members of the profession is complex but important as this can have major impact on educational programmes and professional admission policies. However, very little research has been conducted on this group despite the increasing contribution they make to the business sector and accounting services in particular. In New Zealand, the accounting technician qualification and curriculum have not been validated over the last decade even though an Associate Chartered Accountants (ACA) designation was reintroduced in November 2006. International interest in accounting education has typically focused on the chartered accountancy (CA) level of the profession. In view of this situation, this paper examines what is traditionally considered the accounting paraprofessionals - the accounting technicians in the New Zealand context. More specifically, it aims to survey both ATs and their employers to ascertain whether the current academic requirements for New Zealand ATs meet the needs of their workplace.
and knowledge of accounting technicians. Section four explains the research design. Section five discusses and analyses the results of the survey before drawing some conclusions in the final section.
THE ROLE OF THE ACCOUNTING TECHNICIAN
The concept of the technician is not new to professions. The accountancy profession has employed personnel in technician type of jobs for many years. The formal recognition of their existence by established professional bodies, however, is a relatively recent development. By legitimizing their existence, the professional bodies have assumed some control over the group, including the type and standard of work they do. In order to understand the different roles between the professional accountant and the accounting technician, it is necessary to examine the different roles and rules of the two groups.
Professions and paraprofessions
Over the years, social scientists such as Abbott (1988), Emmet (1966), Greenwood (1966), Larson (1977) and Moore (1970) have studied the professions and compiled lists of specific observable professional attributes. Although the lists can vary from one scientist to another, the systematised views of professions tend to share some common characteristics as identified by Larson (1977, p.208): professional association, cognitive base, institutionalized training, licensing, work autonomy, colleague ―control‖, and code of ethics. Implicit in these attributes is the notion of a standard of professional performance supported by a sense of integrity, whereby professional members have a fiduciary trust to maintain in carrying out functions valued in the society.
specifically and generically occupations organized around a profession – paraprofessional occupations‖ (Freidson, 1970, p.76). It can therefore be explained that, paraprofessions, given their proximity to a profession, are encouraged to take on professional attributes and to claim to be a profession. It might also be noted that paraprofessional occupations usually seek professional status by creating many of the same institutions as those which possess professional status. They develop a formal standard curriculum of training, use theory to teach recruits, issue codes of ethics, and are prone to seek support for licensing or registration so as to exercise some control over who is allowed to do their work. This in itself makes a distinct species of occupation or profession, but whatever the claim, they do not stand in the same structural position as the profession on which they model themselves because their autonomy is limited by the dominant profession (Freidson, 1970).
Accounting technicians as supporting personnel
In accounting, this paraprofessional group is represented by the accounting technicians (AT). Here, social differentiation and stratification between the roles of the professional (chartered) accountant and accounting technician is discernible from the definition provided by the International Federation of Accountants (IFAC) Taskforce on the Role of Accounting Technicians (1994):
[They] differ from the other staff in other forms of accountancy training in that they are specifically trained as support staff; they are almost always working under the supervision and control of accountants; they are skilled in the technique of accountancy and computing as technicians; the most able of them can and do progress, if suitably motivated, to qualify as accountants. They differ from accountants in that they start training younger and without the necessary entry qualifications for an accountancy qualifications; if involved in decision-making at all, they are supervised and deal with less complex and technical financial decisions whilst providing a service to accountants; they produce the financial statements and accounts which are then used and interpreted by accountants according to the rules set by accountants. (p.2)
services as support to an accountant‘s wider and more comprehensive role. In this role, they may not be required to have the same levels of understanding and application as that of professional accountants. However, their job certainly involves a higher level of responsibility than does a purely routine clerical job (IFAC, 1987a). They help to increase efficiency by relieving qualified accountants of the routine and detailed tasks so that they can devote more time to tasks that require higher level of expertise.
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