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Institution

Accounting and Finance Association of Australia and New Zealand

OtherCarlton, Victoria, Australia
About: Accounting and Finance Association of Australia and New Zealand is a(n) other organization based out in Carlton, Victoria, Australia. It is known for research contribution in the topic(s): Business sector & Valuation (finance). The organization has 4 authors who have published 3 publication(s) receiving 562 citation(s). The organization is also known as: AFAANZ.

Papers
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Book
01 Jan 2010
TL;DR: In this paper, the authors present a framework for business analysis and valuation using financial statement data. But they focus on the why and how of accounting, rather than the how and why of accounting.
Abstract: This text is divided into concise learning parts that cover both the why and how of accounting. The text introduces and develops a framework for business analysis and valuation using financial statement data.

453 citations

Journal ArticleDOI
TL;DR: In this paper, the authors identify the cost components of the bid-ask spread for a sample of NASDAQ stocks surrounding the implementation of Regulation FD and find that adverse selection costs increase approximately 36% after Regulation FD.
Abstract: Regulation Fair Disclosure (FD), imposed by the Securities and Exchange Commission in October 2000, was designed to prohibit disclosure of material private information to selected market participants. The informational advantage such select participants gain is unclear. If multiple “insiders” receive identical information, private information is immediately incorporated in price and each insider has zero expected profit. If, on the other hand, Regulation FD has curtailed the flow of information from firms, private information becomes longer-lived and more valuable. Hence, market makers will demand increased compensation by widening the adverse selection component of the bid-ask spread. We identify the cost components of the bid-ask spread for a sample of NASDAQ stocks surrounding the implementation of Regulation FD. Controlling for other factors affecting the spread, we find that adverse selection costs increase approximately 36% after Regulation FD. We interpret our finding as Regulation FD failing to achieve one of its desired objectives.

108 citations

Journal ArticleDOI
TL;DR: In this paper, the authors report on how cloud technology facilitated educator and student connection to current practice and enabled innovative pedagogies for accounting education and found that when accounting students were exposed to real-world data, context and real-time business technologies, they saw the connections to their future work or entrepreneurship.
Abstract: Wells (2018) called for accounting education practitioners to use textbook and teaching material which better reflects “the wider context . . . and the influence of technology on accounting process as currently practiced” (pg. 40). The business sector has adopted cloud technologies and needs appropriately skilled knowledge workers. Using data from a ‘proof of concept’ online competition and university ‘content as a service’ [CAAS] delivery, this paper reports on how cloud technology facilitated educator and student connection to current practice and enabled innovative pedagogies for accounting education. The findings show that when accounting students were exposed to real-world data, context and real-time business technologies, they saw the connections to their future work or entrepreneurship. Cloud learning solutions across cloud business platforms bridged this gap for them between accounting theory and practice. The dynamic online accounting teaching tool will be explored during this presentation in light of these findings.

1 citations


Authors

Showing all 4 results

NameH-indexPapersCitations
Robert E. Whaley4910415935
Richard H. Willis21342957
Sue Wright14751141
Judith Cambridge111
Performance
Metrics
No. of papers from the Institution in previous years
YearPapers
20181
20101
20081