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ICAS 2014 Proceedings

Procedia - Social and Behavioral Sciences
Volume 164, Pages 1-666 (31 December 2014)
International Conference on Accounting Studies 2014, ICAS 2014, 18-19 August 2014, Kuala Lumpur, Malaysia
Edited by Kabiru Isa Dandago, Ayoib Che-Ahmad, Aidi Ahmi and Siti Zabedah Saidin

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Year: 2014
Abstract: This study is initiated by the interest in understanding Information Technology (IT) adoption by government internal auditors. With the tremendous development of IT in public sectors such as e-government that has been developed to support National IT and transformation agenda, the auditors also are ...
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Abstract: The objective of this present study is to scrutinise the challenges in implementing PPP by examining the factors that hinder the successful adoption of PPP in Malaysia. A questionnaire survey was used to elicit the perceptions of the public and private sectors concerning the constraints of PPP imple...
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Year: 2014
Abstract: This study examines sustainability reporting in a case study organisation in Italy. It uses content analysis to examine the use of the Global Reporting Initiative categories, including those of the telecommunication sector supplement in Italian Vodafone. It also considers the application of stakehol...
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Year: 2014
Abstract: This study evaluates the regressivity of taxpayers’ compliance costs with the corporate income tax reporting requirements. Compliance costs as a percentage of sales turnovers, ranged from 0.057% of the smallest company to 0.001% of the largest company. Larger companies were generally found to have...
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Year: 2014
Abstract: The inconsequential perception of internal audit function in Nigerian university system by stakeholders due mainly to ‘customer ignorance’ is a matter of concern. Indeed, there is an apparent disconnection, so much so that the activities and potentials of the function are grossly misunderstood, ...
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Year: 2014
Abstract: This paper analyses the performance and strategy of Islamic banks after the spin-off and establishment of a full-fledged Islamic bank (separated from the parent bank). Siswantoro (2012) stated that one good strategy was to acquire a good conventional bank then convert it into a full-fledged Islamic ...
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Year: 2014
Abstract: This paper examines the assumptions of the Slippery Slope Framework using cross-country data; an area which has been neglected since the emergence of the framework in 2008. Several studies in this area have tested the assumption of the framework using primary data collected through survey with stude...
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Year: 2014
Abstract: The paper proposes a model to examine the effect of the 2010 fiscal regime changes on investment climate of Malaysia's marginal oil fields. It proposes the use of investment appraisal tools, such as Net Present Value, Internal Rate of Return, Profitability Index, Saving Index and Access to Gross Rev...
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Year: 2014
Abstract: The current changes in business settings have directed companies to conduct businesses at the international level which requires the use of financial instruments. The-mandatory MFRS 7, an adoption of IFRS 7 standard has been implemented for entities to disclose their involvement with financial instr...
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Year: 2014
Abstract: This paper is an in-depth review of IAS 41 from two dimensions, technical-theoretical dimension and meaning dimension simultaneously. The study aimed to anticipate the hazardous potentialities in valuation caused by monetary logo-centrism in accounting. The concepts offered are based on the conditio...
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Year: 2014
Abstract: The current research examines the moderating effect of organizational capacity on the association between corporate governance and corporate performance. This research employs questionnaire survey in obtaining the data and contributes to the methodology by demonstrating the interaction terms in asse...
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Year: 2014
Abstract: The original balanced scorecard (BSC) model by Kaplan and Norton (1992) viewed the organization from four different perspectives: Financial, Customer, Internal Business Process and Learning and Growth Perspective. This model has been widely used in both profit and non-profit organizations. The measu...
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Year: 2014
Abstract: The conviction that capital markets could always satisfy Liquidity needs of agents has been strongly questioned during recent years. One consequence has been the IASB introducing IFRS 9, as substitute of IAS 39, in order to improve mechanisms of classification and measurement of Financial Instrument...
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Year: 2014
Abstract: The study was intended to examine several key issues, i.e. the influence of the competence of local government apparatus and the professionalism of the governmental internal controlling apparatus towards the implementation of Good Government Governance (GGG) and the influence of the implementation o...
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Year: 2014
Abstract: In recent years, there has been increasing number of debates between adoptions of cash accounting versus accrual accounting in government accounting in the Malaysian public sector. This issue arises due to the government needs to determine either to stay on cash accounting or move to accrual account...
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Year: 2014
Abstract: This research aims to figure out whether or not economy and technology are the reasons why digital piracy keeps going on. For this research, we use research conducted by Battacharje (2003) as the main reference. In this research, we examine economic and technological factors within 12 indicators, re...
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Year: 2014
Abstract: In recent years, there has been an increased interest in carbon information disclosure. This research aims to examine carbon reporting practices of Malaysian companies. Further analysis will be conducted to examine the influence of internal organizational factors on the carbon reporting practices. T...
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Year: 2014
Abstract: Research findings from previous studies had pointed out that many public universities in different countries had been facing with decreasing trend of government funds to finance their operational and research expenditures. As such, this study attempts to provide the funding trends of five Research U...
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Year: 2014
Abstract: The rapid development of technology had impacted the way businesses communicate information to the stakeholders. eXtensible Business Reporting Language (XBRL) offers the ability to exchange financial information globally through a digitalized global standard language. To reduce information asymmetry...
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Year: 2014
Abstract: This research study takes a look at corporate social responsibility as a marketing strategy for organizational performance. The study makes use of both primary and secondary data and granger causality test was adopted as the estimation techniques. However, the objective of the study is to examine th...
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Year: 2014
Abstract: Although tax avoidance practices are as old as taxes themselves, the ways they are being perpetrated among corporate taxpayers have transmuted so sophisticated in recent times. This study thus proposes models for empirical investigations into the relationship between corporate ownership structure an...
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Year: 2014
Abstract: This paper outlines a sample case study of ‘best practice’ as per the Nigerian 2011 code which can be adapted as role ‘model’. Oando PLC, one of the top 30 companies, is identified as the company which had complied with the Nigerian corporate governance code, in reference to transparency and...
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Year: 2014
Abstract: The main purpose of public sector accounting is to act as the trustee to protect and manage public moneys and discharge accountability. Fund Accounting is used as the rational response to serve as a reliable control technique for such purposes. With the emphasis of accrual accounting which is more r...
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Year: 2014
Abstract: This paper investigates the current Internal Control System (ICS) implemented by the Regency Governments (RG) in Kupang District and North Central Timor (TTU) District using the Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework. This research was developed in two phas...
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Year: 2014
Abstract: The paper examines the influence of equity ratio on the value relevance of earnings and book value for Jordanian industrial companies from 1992 to 2002. The findings show that equity ratio significantly influenced the value relevance of individual book value but not earnings. In their combination, t...
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Year: 2014
Abstract: This study examines intellectual capital (IC) performance of listed banks in Saudi Arabia using value-added intellectual coefficient (VAIC) methodology, and investigates the impact of IC on financial performance. It identifies the IC components that may be the drivers of the traditional indicators o...
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Year: 2014
Abstract: The aim of this study is to analyse the effects of internal control system deficiency on capital project management in the Nigerian public sector. A sample of two hundred and twenty eight capital projects (228) was used. Kendall's tau_ b τ, ANOVA and Chi-square X2 statistics were employed for analy...
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Year: 2014
Abstract: This study attempts to establish the extent to which internal audit functions (IAFs) are outsourced by the consolidated conventional banks in Nigeria, now addressed in the country as deposit money banks (DMBs). The extent to which the banks outsource each of the 15 identified functions traditionally...
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Year: 2014
Abstract: This study involves forty bachelor students in the Integrated Case Study (ICS) course where a student-centred approach is used to challenge their cognitive abilities in dealing with the issues in a given case. Results indicated majority prefer learning by hearing and seeing as opposed to thinking an...
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Year: 2014
Abstract: Sustainable development is all the rage. Malaysian firms too have been quick to jump into the bandwagon, especially with regards to their corporate social responsibility (CSR) initiatives. However, sustainable development has been increasingly interpreted from a strictly Western-centric value system...
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Year: 2014
Abstract: Adapting the Role Episode Model, this paper presents a conceptual framework by which the tax practitioner-client encounters can be understood and analysed. The framework is focused on the tax practitioner and the client and the role process consists of a set of demands made by taxpayers on their pra...
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Year: 2014
Abstract: The Corruption Perception Index (CPI) for Malaysia shows undesirable results, indicating the issue of corruption should be taken seriously. To address the corruption issue social constructionist perspective is employed, specifically qualitative methodology is used to gain an insight of the phenomeno...
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Year: 2014
Abstract: This study aims to explore the corporate voluntary disclosure practices of the listed banks in an emerging economy namely Bangladesh. Results show that the extent of voluntary disclosure significantly improves from 2005 to 2008. However, the level of disclosure items related to corporate governance ...
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Year: 2014
Abstract: Although e-procurement is a complex practice, a number of existing studies, however, simplified the representation of the state of e-procurement in an organization to a binary measure. Although this is helpful to understand adoption decisions, it does not completely capture the reach and richness of...
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Year: 2014
Abstract: This study aims to investigate the influence of auditor's industry specialization, auditor's independence and audit procedures to detect fraud towards audit quality. This study applies explanatory research in which questionnaires and interviews serve as the primary data. The sample of this study is ...
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Year: 2014
Abstract: This paper looked at development of accounting practice in Nigeria and analyzes how the country's economic, taxation, and other factors affect the development of financial accounting regulations in Nigeria. The study observed that political issues, privatization and capital market growth brought abo...
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Year: 2014
Abstract: Threat of punishment has been emphasized as one of the effective tools to deter taxpayers’ non-compliance attitudes. Thus this study aims to explore the impact of threat of punishment on both individual taxpayers’ attitudes, compliance and non-compliance. The findings from a mixed-modes survey i...
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Year: 2014
Abstract: The purpose of this study is to investigate the effect of service quality, trust and customer perceived value on customer loyalty in the Malaysia services sector. The research examines three factors of service quality, trust and perceived value by customers in the banking, insurance, and telecommuni...
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Year: 2014
Abstract: This paper aims at adding to reliable solutions of the menace of poverty in the Muslim majority states of Nigeria by providing facts that buttress the payment of Zakah on employment and professional income as a powerful source of funds for dealing with the harsh effect of poverty among Muslim commun...
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Year: 2014
Abstract: This conceptual paper is based on a study that explores differences of board of directors’ attributes and SMEs firm growth based on firm culture types in Malaysia. The objectives are to explore a model for overall SMEs firm growth based on board of directors’ attributes, to examine the relations...
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Year: 2014
Abstract: The purpose of this research is to determine the effect of auditor independence, audit tenure, and audit fee both partially and simultaneously on the audit quality. This research uses primary data collected through the distribution of questionnaires in audit firm listed in Capital Market Accountant ...
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Year: 2014
Abstract: Enterprise Risk Management (ERM) is fast becoming a fundamental concern in all industries. ERM is a holistic approach for managers to identify risks and select appropriate responses in line with enterprise's risk appetite. This study aims to identify the level of ERM implementation among firms in di...
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Year: 2014
Abstract: Abstract Negotiation is a pervasive feature of relationships among auditor-clients, buyer-sellers, as well as being a part of tax audits. Various forms of negotiations occur between the taxpayer and the tax authorities but nothing is mentioned in the literatures on the processes and procedures of ho...
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Year: 2014
Abstract: Misappropriation of assets is indeed becoming a major concern in the public sector. In this paper, we will attempt to frame the results survey on assets misappropriation that might occur in two city councils. It is found that the incidence of misappropriation of assets occurs when employees used the...
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Year: 2014
Abstract: Malaysian tax system includes a tax depreciation rule separate from accounting depreciation. This paper is to compares and contrasts the accounting treatment of depreciation and the tax treatment of capital allowance. The gap between the accounting and tax is resulted from different definitions of c...
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Year: 2014
Abstract: This study investigated the effects of wellbeing on performance. Organizations should establish a healthy working atmosphere to stimulate performance. Hence, the aim of this study was to describe the role of wellbeing that may influence one's performance. The hypotheses were empirically tested using...
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Year: 2014
Abstract: In Malaysia, a self-assessment system has been implemented for all companies for more than a decade. The system necessitates corporate taxpayers to declare and calculate accurate sources of income, estimate income tax payable, keep records for audit purposes, and comprehend income tax legislation. I...
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Year: 2014
Abstract: This study aims to determine the main goals under four balanced scorecard (BSC) perspectives and investigates the relationship between the perspectives for luxury summer hotels in Turkey. It also questions the approaches of the main managerial positions to the four BSC perspectives. This study is ba...
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Year: 2014
Abstract: This study examines the determinants of accounting choices for noncurrent assets by Nigerian firms at IFRS first adoption within the framework of positive accounting theory. Data were randomly collected from the annual reports of thirty firms that met the adoption target of 2012 and regression techn...
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Year: 2014
Abstract: Phenomenon of value to the information in Indonesia is that information is not used for making decision but for official concern. Using 195 response respondents from 430 managers of the manufacturing companies mostly from Jakarta, Indonesia, we analyse and test whether the formal, and informal struc...
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Year: 2014
Abstract: This study examines the influence of participative budgeting on budgetary slack in composing nine local governments’ budget of Bali Province, using ‘career uncertainty’ as the moderating variable. The ‘career uncertainty’ has received insufficient attention in previous studies on budgetary...
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Year: 2014
Abstract: The purpose of this study is to examine the influence of attitude on CPA Profession and CPAs Law, subjective norm and perceived behavior control to intention in pursuing CPA career. The method utilizes multiple linear regression and path analysis. The empirical results support the theory of planned ...
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Year: 2014
Abstract: This paper examines the relationship between board independence and accounting conservatism among Malaysian companies in year 2000 until 2012. What triggers the researchers to carry out this study is that studies found that the implementation of Malaysian Code of Corporate Governance to Malaysian co...
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Year: 2014
Abstract: A survey was conducted to examine informal workplace learning activities and work environment inhibitors to such learning activities of accountants in public accounting firms across Malaysia. The findings indicated that the accountants use a variety of informal learning activities, although meeting ...
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Year: 2014
Abstract: The aim of the study is to report the management control practices (MCP) of a Telecommunication firm operating in Somalia's traditional clannish environment. Through qualitative case strategy, semi-structured interviews, observation and documents analysis were used to gather data. The executive dire...
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Year: 2014
Abstract: This paper discusses the relevant literatures with regard to the conceptualization of accountability from different perspectives, particularly from private and public sector. The importance of discharging accountability and related problems are also discussed in the paper. The next section of the pa...
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Year: 2014
Abstract: The purpose of this paper is to provide discussion on competing but overlapping theorization of accountability with primary focus given to downward accountability. In this paper the conception of downward accountability is extended via development of an ‘idealised’ downward accountability model....
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Year: 2014
Abstract: This study examines the occurrence of fraud and identifies the prevention programs in place at the State and Local Government entities in Malaysia. Issues related to fraud are of interest due to the frequent coverage by the media which has affected public confidence. The findings suggest that fraud ...
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Year: 2014
Abstract: The study investigates the influence of three types of ethical climate dimensions (egoism, benevolence and principle) on three types of wrongdoing in examining individuals’ whistleblowing behaviour. It was found that, depending on types of wrongdoing, principle ethical climate is able to predict w...
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Year: 2014
Abstract: This research would endeavor to bridge the gap between technology assistance and acceptance among tax preparers. Although a wide variety of factors have been identified as influential in Information Technology (IT) acceptance, little is known about the relative influence of each of these factors on ...
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Year: 2014
Abstract: The purposes of this research were: 1) to examine the direct and indirect effects of top management support (TMS) on ABC system training (AST), non-accounting ownership (NAO), links to performance evaluation (LPE) and ABC implementation success (AIS); 2) to explore the influence of LPE on NAO; and 3...
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Year: 2014
Abstract: This paper described a successful and innovative collaboration between private sector and community through a Corporate Social Responsibility program that integrated local culture and ideas in the implementation. Drawing from an assumption that promoting a change in a particular community should be ...
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Year: 2014
Abstract: This study investigates the relationship between institutional ownership and company performance of public listed companies in Malaysia. Three years panel data of 730 Malaysian public listed companies were examined. The results showed that institutional ownership had positive and significant relatio...
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Year: 2014
Abstract: The purpose of this study is to investigate the influence of audit committee characteristics on corporate voluntary disclosure of 146 Malaysian listed firms for the year 2009. Based on content analysis of disclosure, the empirical results of multiple regressions reveal that audit committee independe...
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Year: 2014
Abstract: The purpose of this research is to investigate whether the commitment of companies to their stakeholders has a relationship with better financial results and also to establish the extent and pattern of corporate disclosure in the top listed companies in the ASEAN region. This research found that the...
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Year: 2014
Abstract: This study empirically examines the association between the attributes of the board of directors and audit committee on accounting conservatism. Results from panel data analysis for 300 Malaysian listed firms observed from 2001 to 2007 show that boards with at least four annually audit committee mee...
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Year: 2014
Abstract: The purpose of this paper is to provide a discussion on the Islamic accountability in the zakat funds management. The in-depth understanding over the accountability system and practices of zakat institutions may assist to identify the underlying factors that lead to inefficiency in zakat distributio...
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Year: 2014
Abstract: There is a broad consensus among researchers that culture differences impact management practices. Among the management practices that can be affected by culture are practices relating to human resource, financial, and information systems (IS). IS management success in different cultural contexts ma...
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Year: 2014
Abstract: The main objective of this study is to estimate compliance costs for personal income tax (PIT) system in Malaysia and to investigate the effect of e-filing on compliance costs of PIT system in Malaysia. It is found that, on average, e-filing consumed about 10 hours while manual filing took about 13 ...
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Year: 2014
Abstract: Corporate social responsibility (CSR) and corporate financial performance (CFP) has been examined extensively in the literature. Majority of the studies suggested a positive relationship and few others found neutral, negative and/or curvilinear relationships. Hence this development calls for a media...
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Year: 2014
Abstract: This study examined the level of voluntary disclosure of executive directors’ remuneration in Malaysia. The study period covered a period of significant changes in the Malaysian regulatory framework on disclosure over 2000 to 2008. It applied an un-weighted disclosure index to determine a voluntar...
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Year: 2014
Abstract: According to Economist Intelligence Unit (Economist Intelligence Unit Limited and SAS, 2008), risk management failure is one of the major triggers of the recent global financial crisis. Enterprise risk management (ERM), an organisation wide process which identifies potential adverse events and provi...
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Year: 2014
Abstract: Comprehensive PMS (CPMS) has been widely used for decision facilitating and decision influencing purposes. Role theory suggests that CPMS information is useful for enhancing role expectation and motivation. Prior research shows inconsistent findings and research that examines behavioural consequence...
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Year: 2014
Abstract: This paper provides evidence on the role of board diversity in dealing with corporate expropriation of listed companies in Malaysia. Diverse boards become important tool in corporate governance by providing board heterogeneity and effective monitoring that would enhance boardroom discussion and prom...
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Year: 2014
Abstract: The main objective of this study is to explore the level of awareness and adoption of cloud computing among the small and medium enterprises (SMEs) in Malaysia. Using accounting practitioners - both in the audit and commercial fields - as the sample, this study investigates as to whether they are aw...
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Year: 2014
Abstract: In many developed countries, IT (IT) adoption in government agencies has been studied extensively. Unfortunately, such study is still lacking among developing countries including Malaysia. In fact, previous studies on the adoption of e-government offer limited framework to build on further research....
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Year: 2014
Abstract: Increased attention towards the role of the Shariah committee makes demands on processes in the boardroom. In Malaysia, even Islamic microfinance firms are experiencing the challenges of creating well functioning Shariah boards. This paper examines the importance of structures and processes in the S...
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Year: 2014
Abstract: The objective of the study is to investigate the CSR practice by the one of the Malaysian Government Link Company via case study approach. As a GLC's the business has to balance its profit with social responsibility to the state and society. According to the literature in modern era of CSR, the busi...
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Year: 2014
Abstract: This study which examines the readability of the Income Tax Act 1967 (ITA 1967) and its associated Schedules is considered important as the materials are the main references for taxpayers who have intention to comply with their tax obligations. Using FRES and F-KGL analysis, it is found that the ITA...
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Year: 2014
Abstract: This paper proposes the mediating influence of management control systems using performance measurement as a proxy in the relationship between corporate governance and performance of banks in an era of post banking crisis that called for a bailout reform. Since the performance measurement informatio...
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Year: 2014
Abstract: This paper assesses the dimensions of IFRS transition roadmap information content and its adequacy in guiding IFRS transition in Nigeria. Data were generated through self-administered questionnaire on 140 accountants that yielded 75.71% usable responses. Descriptive statistics and regression were us...
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Year: 2014
Abstract: Risk management has occupied an important place on the agenda of practitioners, academics and the business community and has been on the rise because it enhances organizational performance and creates value for shareholders. The main objective of this study is to examine the level of risk management...
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Year: 2014
Abstract: This paper aims to contribute to the literature that investigates the mediating role of performance measures in the link between institutional factors (coercive and normative pressure) and organizational performance. Using the data collected from 154 commercial bank branches in Libya, the results re...
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Year: 2014
Abstract: The main objective of this study is to examine whether reliance by the external auditors on the internal auditors’ work lead to a reduction in the external audit cost and external audit work. Two different questionnaire surveys were sent to 387 head of internal auditors and 142 external auditors o...
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Year: 2014
Abstract: Graduate unemployment is considered as one of the main social development problems facing the Malaysian government. One of the potential careers to solve and reduce the unemployment problem is entrepreneurship. Training, internship and entrepreneurship program must be encouraged to the Malaysian Uni...
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Year: 2014
Abstract: The purpose of this paper is to examine the nature and extent of voluntary disclosure of graphical information in the annual reports of 54 non-financial public listed companies in Malaysia using a longitudinal approach. The results show that the disclosure of graphical information in Malaysian compa...
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