Australian financial reporting : an examination of the theory of financial reporting, of Australian public company financial reporting standards and of proposals for changed reporting requirements

Abstract

This thesis is concerned with the effectiveness of company financial reporting in Australia with possibilities for making it more effective than it is now. It is in three parts which respectively present a theory of financial measurement and reporting, the results or a survey of actual reporting practices and, finally, arguments and a set of proposals for reform of financial reporting. The general design of the thesis is therefore analogous to a large part of the recent research literature in accounting, especially the literature dealing with the utility of reported financial information, in adopting successive approaches of deduction (model-building), empiricism (observation and analysis) and pragmatism (intended problem solutions). Show more