Decision-usefulness in financial reports

A CPA Australia funded Australian study by academics from the University of Melbourne and Monash University. This study, and subsequent series of reports, make a valuable contribution to the ongoing global debate into the value and relevance of financial reports.

See also: Do financial statements still matter? – INTHEBLACK

Reports

Is the market ready to implement AASB 16/IFRS 16 Leases? (PDF)
Research funded by CPA Australia and conducted by the University of Melbourne has identified that good progress is being made on the journey to implement AASB 16/IFRS 16 Leases. Read the interim report into this ongoing project to obtain some insights into the ongoing challenges faced by preparers and the expected post-implementation benefits.

Promoting improved transparency, accountability and economic policy for governments: The Australian experience (PDF), CPA Australia, 2012
This report examines the important role that the information derived from an independently-set accrual accounting standards-based reporting framework can have in informing government policy to the challenges brought on by the banking and sovereign debt crises.

Podcasts

Short selling (MP3)
This recording highlights some of the salient findings from CPA Australia funded research conducted by Associate Professor Haiyan Jiang, University of Waikato, New Zealand. The research project explored short selling and its effect on profit manipulation, and shareholder protections in place as part of a country’s regulatory environment.

InitiativeS

Reporting entity concept

CPA Australia held two roundtables in November 2014 to explore the Australian Accounting Standards Board’s (AASB) research findings into the application of the concept within Australian financial reports.

As a precursor to the roundtables CPA Australia developed two issues papers that explored some of the themes relevant to financial reporting in the for-profit and not-for-profit sectors:

AASB's reporting entity concept project to date