3 research outputs found
Respiratory viral pathogens among Singapore military servicemen 2009 - 2012: Epidemiology and clinical characteristics
10.1186/1471-2334-14-204BMC Infectious Diseases141-BIDM
Voluntary adoption of accounting standards prior to implementation date
A s Singapore moves towards globalisation, the fulfillment of investor's information
needs becomes more important. This project aims to assess the willingness of
Singapore firms in the voluntary adoption of international accounting standards.
An analysis of annual reports of public listed companies in Singapore was conducted
to determine the extent of voluntary adoption of selected international accounting
standards and the characteristics of firms that adopt international accounting
standards prior to their implementation in Singapore.
The results are analysed at two levels: analysis of adoption of individual standards and
a combined analysis pertaining to all the selected accounting standards. In the first
part, our results are matched against literature-based hypotheses on characteristics of
firms that are likely to voluntarily adopt accounting standards before implementation.
In the second part, our results are combined and compared with measurement and
disclosure hypotheses based on Gray's cultural framework with reference to the
Singapore context. This is to gain a better understanding of Singapore's overall
financial reporting climate.
Finally, this study ends with recommendations on what can be done to improve the
attitudes of Singapore firms in the voluntary adoption of accounting standards.ACCOUNTANC