Materiality of misstatements from the perspective of the users of the financial statements - Narrowing the expectation gap between users and auditors

Misstatements or omissions in the financial statements are considered material if they could influence the economic decisions of users based on the financial statements. This research presents an empirical research, which provides evidence that a relevant expectation gap regarding materiality of misstatements exists between users of the financial statements and auditors. This gap can mainly be explained by lack of communication. According to the respondents, the expectation gap can be narrowed by introducing a uniform guideline, which incorporates quantitative rules, and especially by disclosing the materiality threshold used by the auditor in the audit report

Internet addiction in adolescents: prevalence and risk factors

As new media are becoming daily fare, Internet addiction appears as a potential problem in adolescents. From the reported negative consequences, it appears that Internet addiction can have a variety of detrimental outcomes for young people that may require professional intervention. Researchers have now identified a number of activities and personality traits associated with Internet addiction. This study aimed to synthesise previous findings by (i) assessing the prevalence of potential Internet addiction in a large sample of adolescents, and (ii) investigating the interactions between personality traits and the usage of particular Internet applications as risk factors for Internet addiction. A total of 3,105 adolescents in the Netherlands filled out a self-report questionnaire including the Compulsive Internet Use Scale and the Quick Big Five Scale. Results indicate that 3.7% of the sample were classified as potentially being addicted to the Internet. The use of online gaming and social applications (online social networking sites and Twitter) increased the 2 risk for Internet addiction, whereas extraversion and conscientiousness appeared as protective factors in high frequency online gamers. The findings support the inclusion of 'Internet addiction' in the DSM-V. Vulnerability and resilience appear as significant aspects that require consideration in further studies

Stratigraphy and palaeoceanography of a topography-controlled contourite drift in the Pen Duick area, southern Gulf of Cádiz

The northern part of the Gulf of Cádiz has and still is receiving a lot of attention from the scientific community due to (amongst others) the recent IODP Expedition 339. In contrast, its southern part, or the Moroccan margin has received far less attention, although mud volcanoes, diapiric ridges and cold-water corals are present in this region. The El Arraiche mud volcano field is characterized by a compressive regime creating several ridges and assisting the migration of hydrocarbon fluids towards the seabed surface. This study presents seismic and multibeam evidence for the existence of a contourite drift at water depths between 550 and 650 meters along the southwestern flank of the Pen Duick Escarpment and Gemini Mud Volcano, within the El Arraiche Mud Volcano field. From the onset of the Quaternary, when the escarpment started to lift and the local mud volcanism initiated, contouritic deposition was initiated as well at the foot of both topographic obstacles. Initially, fairly low-velocity bottom currents gave rise to sheeted drift deposits, affected by the uplift of the escarpment or mud extrusion. From the Middle Pleistocene onwards, separated mounded drift deposits were formed due to intensified bottom currents. An Antarctic Intermediate Water origin is inferred as driving mechanism for the drift development, although glacial conditions are not yet well constrained. The influence of Mediterranean Outflow Water (MOW) cannot be substantiated here. Moreover, the changes recorded within this contourite drift differ from the MOW-dominated contourite depositional system in the northern Gulf of Cádiz, as drift deposits only occur as early as the base of the Quaternary (compared to the Early Pliocene for the north) and mounded drift deposits only occur from the Middle Pleistocene onwards (compared to the Early Pleistocene). Cold-water coral mounds have been observed within and on top of the sedimentary sequence at the foot of the Pen Duick Escarpment. This implies that environmental conditions in which cold-water corals thrive were not necessarily restricted to the top of the Pen Duick Escarpment

Zinc Oxide Nanowires Deposited on Polymeric Hotplates for Low-power Gas Sensors

Zinc oxides (ZnO) nanowires were successfully deposited on plastic low-power micro-hotplates using the thermal oxidation technique. Metallic zinc layer was deposited on the sensing transducer by RF magnetron sputtering and then oxidized in a controlled atmosphere in order to obtain ZnO nanostructures. Morphological investigations confirmed the nanometric dimensions of the fabricated nanostructures. The n-type behavior of the nanostructured material was evaluated towards different chemical species to highlight the electrical properties of the materials. Calibration curves for the detection of several chemical species were defined. © 2012 The Authors. Published by Elsevier Ltd

Continuous Sweep: an improved, binary quantifier

Quantification is a supervised machine learning task, focused on estimating the class prevalence of a dataset rather than labeling its individual observations. We introduce Continuous Sweep, a new parametric binary quantifier inspired by the well-performing Median Sweep. Median Sweep is currently one of the best binary quantifiers, but we have changed this quantifier on three points, namely 1) using parametric class distributions instead of empirical distributions, 2) optimizing decision boundaries instead of applying discrete decision rules, and 3) calculating the mean instead of the median. We derive analytic expressions for the bias and variance of Continuous Sweep under general model assumptions. This is one of the first theoretical contributions in the field of quantification learning. Moreover, these derivations enable us to find the optimal decision boundaries. Finally, our simulation study shows that Continuous Sweep outperforms Median Sweep in a wide range of situations