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dc.contributor.authorCameron, Robyn-Annen_US
dc.contributor.authorPercy, Majellaen_US
dc.contributor.authorStevenson-Clarke, Petaen_US
dc.date.accessioned2017-05-03T12:23:42Z
dc.date.available2017-05-03T12:23:42Z
dc.date.issued2012en_US
dc.date.modified2013-06-05T02:09:03Z
dc.identifier.issn03135934en_US
dc.identifier.urihttp://hdl.handle.net/10072/46938
dc.description.abstractLarge companies' frequent focus on non-GAAP financial measures ('pro forma' earnings), rather than statutory net profit or GAAP measures, raises concerns about the potential for misinformed financial decision-making. Despite recommendations by ASIC and Finsia, in Australia there is no consistency in the calculation of non-GAAP financial measures or in their reconciliation to statutory net profit. Our study of the disclosures and the reconciliation to GAAP earnings by the largest 50 Australian listed non-mining companies finds considerable variations in reporting practices from highly transparent reconciliations to what appears to be considerable secrecy.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_US
dc.format.extent1089325 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_US
dc.publisherFinancial Services Institute of Australasia (Finsia)en_US
dc.publisher.placeAustraliaen_US
dc.publisher.urihttp://www.finsia.com/information_resources/jassa1en_US
dc.relation.ispartofstudentpublicationNen_US
dc.relation.ispartofpagefrom13en_US
dc.relation.ispartofpageto19en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalJASSAen_US
dc.relation.ispartofvolume2012en_US
dc.rights.retentionYen_US
dc.subject.fieldofresearchAccounting Theory and Standardsen_US
dc.subject.fieldofresearchcode150101en_US
dc.titleDo Large Australian Companies Emphasise Non-GAAP Financial Measures over Statutory Net Profit (GAAP) in Annual Reports?en_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.rights.copyrightCopyright 2012 JASSA and the Authors. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.en_US
gro.date.issued2012
gro.hasfulltextFull Text


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