Australian Accounting Review最新文献_第10页

The Corporate Governance Role of Audit Committees: Through the Lenses of New Zealand Institutional Investors 审计委员会在公司治理中的作用:通过新西兰机构投资者的视角

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-06-14 DOI: 10.1111/auar.12338

Julia Yonghua Wu, Ronán Feehily, Beverley Rae Lord

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引用次数: 3

Can Fiat-backed Stablecoins Be Considered Cash or Cash Equivalents Under International Financial Reporting Standards Rules? 根据国际财务报告准则，法定支持的稳定币可以被视为现金或现金等价物吗?

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-06-09 DOI: 10.1111/auar.12344

Filip Hampl, Lucie Gyönyörová

{"title":"Can Fiat-backed Stablecoins Be Considered Cash or Cash Equivalents Under International Financial Reporting Standards Rules?","authors":"Filip Hampl, Lucie Gyönyörová","doi":"10.1111/auar.12344","DOIUrl":"10.1111/auar.12344","url":null,"abstract":"Stablecoins are a rapidly evolving subcategory of cryptocurrency that aim to reduce the price fluctuations of traditional cryptocurrencies and thus become a common digital payment instrument. This paper aims to assess the material substance of fiat-backed stablecoins to determine whether fiat-backed stablecoins could be considered, in accordance with IFRS, as cash or cash equivalents. We chose 11 fiat-backed stablecoins representing 99.97% of the total market capitalisation of all fiat-backed stablecoins. Using a three-step approach, we performed an analysis of the legal and general terms and conditions of the selected stablecoins and of cryptocurrency exchanges, and quantitatively analysed their risk characteristics in comparison with fiat currency pairs, money market indexes and instruments, and traditional cryptocurrencies. The results show that nine of the 11 stablecoins met the objective requirements of cash equivalents according to their material substance and, using an extensive interpretation of IAS 7, could be reported as cash equivalents. This study enhances understanding of the material substance of fiat-backed stablecoins for their financial reporting and can be used by entities when creating accounting policies under existing IFRS rules and by accounting standard setters as evidence when formulating new rules or officially interpreting existing ones to provide guidance on the financial reporting of fiat-backed stablecoins.","PeriodicalId":51552,"journal":{"name":"Australian Accounting Review","volume":"31 3","pages":"233-255"},"PeriodicalIF":3.4,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/auar.12344","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48908665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Issue Information 问题信息

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-06-01 DOI: 10.1111/auar.12309

引用次数: 0

Editorial: Australian Accounting Review Reaches A 30‐Year Milestone 社论:澳大利亚会计评论达到30年的里程碑

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-06-01 DOI: 10.1111/AUAR.12345

M. Bradbury, B. Howieson

引用次数: 0

Equity Versus Liabilities Debate, in the Context of Accounting for Employee Share Options 员工股票期权会计背景下的权益与负债之争

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-04-13 DOI: 10.1111/auar.12336

Craig Wallington, Gary Marques, Warren Maroun

{"title":"Equity Versus Liabilities Debate, in the Context of Accounting for Employee Share Options","authors":"Craig Wallington, Gary Marques, Warren Maroun","doi":"10.1111/auar.12336","DOIUrl":"10.1111/auar.12336","url":null,"abstract":"This paper's finding's will be useful for both practitioners and academics grappling with the difficulty of defining ‘equity’ and ‘liabilities’. In addition, the research makes a valuable contribution by addressing the need for interpretive-inspired financial reporting research.This paper explores the distinction between ‘equity’ and ‘liabilities’ in financial reporting to assess the merits of the current system of accounting for share-based payment transactions. It applies an interpretive methodology. Data were collected from a series of interviews with purposefully selected experts. Criticisms of, and support for, the current accounting regime are interpretively analysed and used to identify key themes or principles for evaluating the merits of three models proposed in the academic literature: the strict liability, narrow equity, and ownership-settlement models. The study finds that the strict liability approach remains supported on the grounds that it provides decision-useful information with which users are familiar. The other models are rejected as they are perceived as diminishing the usefulness of financial reporting. The study also identifies support for an obligation-centric approach, not fully developed in the literature, which may require detailed consideration by standard-setters.","PeriodicalId":51552,"journal":{"name":"Australian Accounting Review","volume":"31 4","pages":"286-306"},"PeriodicalIF":3.4,"publicationDate":"2021-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/auar.12336","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42135141","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Digital Corporate Reporting: Research Developments and Implications 数字公司报告:研究进展和启示

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-03-23 DOI: 10.1111/auar.12334

Indrit Troshani, Nick Rowbottom

引用次数: 11

Editorial: Virtual Issue and Call for Special Issue on IFRS 9 Financial Instruments 社论:《国际财务报告准则第9号金融工具》的虚拟问题和特别问题的呼吁

IF 3.4 3区管理学

Australian Accounting Review Pub Date : 2021-03-19 DOI: 10.1111/auar.12333

Michael Bradbury, Bryan Howieson

引用次数: 0

Call For Papers: Research on Application and Impact of IFRS 9 Financial Instruments 《国际财务报告准则第9号金融工具》的应用及影响研究