Tags → accounting


Poland - Report on the observance of standards and codes (ROSC) : accounting and auditing
November 23, 2007 16:26

This report acknowledges the very significant progress achieved by Poland under the leadership of the Ministry of Finance, since publication of the first accounting and auditing ROSC report in July 2002. This report provides an assessment of accounting, financial reporting, and auditing requirements and practices within the enterprise and financial sectors in Poland.

Fiscal Policy No comments yet
Tags: Poland, accounting, business, bank
On the importance of clean accounting measures for the tests of stock market efficiency
January 18, 2008 17:39

Tests of the semi-strong form of the efficient market hypothesis (EMH) typically use earnings and book value of equity as benchmarks of fundamental value. Accounting earnings, however, are contaminated by noise due to their transient component and book value of equity tends to be biased downwards due to accounting conservatism. We investigate whether controlling for these effects impacts on the implications concerning the information efficiency of the Swedish stock market.

Stock Markets No comments yet
Tags: stock, accounting, Swedish, market