BENEFITS OF DISCLOSURE BOTH VOLUNTARY AND COMPULSORY
Benefits of Disclosure of Both Voluntary and Compulsory .
Comulory is the mandatory to follow the rules and regulations.where as voluntary does not require to follow the rules and regulations.voluntary disclosure provides richer information that differentiates good reporting firms from bad ones. This differentiation is lost under pooled-equilibrium mandatory and uniform disclosure. We use a sample of firms that voluntarily reported management responsibilities for financial statements prior to 2002 and compare their results to the SEC's one time mandatory certification sample in 2002.The results show that voluntary reporting has higher positive association with security returns and lower bid-ask spread than those associated with mandatory reporting after controlling for other accounting metrics such as earnings, book value and size. These findings suggest that voluntary reporting is more effective in promoting transparency and helps reduce investors' risk resulting from information asymmetry. With respect to financial reporting policymaking, we conclude that voluntary disclosure of management responsibilities for financial statements is as effective as mandatory reporting.
QUESTION 8 disclosure and regulated by AASB accounting standards. In Australia Integrated Reporting is a Mandatory, is. Voluntary, is not. Voluntary, is. Mandatory, is not.
1. Which two are considered the most common forms of voluntary benefits? retirement and medical medical and profit sharing paid time off and retirement medical and paid time off 2. The Employee Retirement Income Security Act does not mandate that employers provide retirement plans for their employees. True False Both employer and employee are responsible for paying a set percentage of the employee’s earnings. What is the name of this payroll tax? Federal Insurance Contributions Act withholdings Family Medical Leave...
Swallowing a bolus of food involves both voluntary and involuntary movements of the muscles in the mouth, pharynx, and esophagus. The voluntary phase includes movements of the tongue and mouth to position a bolus of food at the back of the throat near the pharynx. From this point forward, identify the receptors, signaling molecules, and muscle movements that are necessary to bring the bolus of food from the pharynx to the stomach. Identify the cell(s) that produce the following substances...
Do single step and multiple step income statements both reflect the full disclosure principle.
Does a (1) financial responsibility law or (2) compulsory insurance law guarantee that accident victims will be adequately compensated for their injuries? Explain why or why not and address both in your answer.
The idea of “self-disclosure” at work refers to guidelines about appropriate things to discuss at work with your co-workers, supervisors, and clients. Using examples from the list we generated in class, explain why it is recommended that you keep certain topics out of the workplace. What are the benefits of self-disclosure and what are the risks? What are the guidelines for self-disclosure at work? Best answers will include reference to self-disclosure on social media.
An employee of a mobile phone company was offered a voluntary severance package whereby the employee, in exchange for certain benefits, would no longer remain employed with the company. Although the employee was not required to apply for the severance package, and although the employee did not feel her job was in jeopardy, the employee applied for and accepted the severance package. After being separated from her employment with the telephone company, the employee filed for unemployment benefits. Will she...
IS THE DISCLOSURE WORTH THE COST? Filing with the SEC requires a very significant amount of time and effort on the registrant's part. Companies frequently resist attempts by the SEC to increase the levels of disclosure. Usually, they argue that additional information will not necessarily be useful to a great majority of investors. Regardless of the issue being debated, critics claim that the cost of the extra data far outweighs any benefits that might be derived from this disclosure. Such...
Which of the following statements is true? A. Free trades benefits a country when it exports but harms it when it imports. B. “Voluntary” limits on Canadian exports of hogs are better for the United States than U.S. tariffs placed on Canadian hog exports. C. Tariffs and quotas differ in that tariffs work like a tax and therefore impose deadweight losses, whereas quotas do not impose deadweight losses. D. Free trade benefits a country both when it exports and when...
Skeletal muscle is striated and under voluntary control. Cardiac muscle is also striated but under involuntary control. Smooth muscle is not striated and is under involuntary control. Explain why we see striations in both skeletal muscle and cardiac muscle but not in smooth muscle. Also explain what it means to be under voluntary or involuntary control.