Accounting irregularities in financial statements: an analysis of public reprimand announcement / Emie Famieza Zainudin and Hafiza Aishah Hashim.

Zainudin, Emie Famieza and Hashim, Hafiza Aishah (2016) Accounting irregularities in financial statements: an analysis of public reprimand announcement / Emie Famieza Zainudin and Hafiza Aishah Hashim. Management & Accounting Review, 15 (1). pp. 1-27. ISSN 1675-4077

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Abstract

The issue of accounting irregularities in corporate reporting in Malaysia has caused a great deal of concern with respect to financial statement reliability. Bursa Malaysia Securities Berhad has publicly reprimanded companies that failed to comply with the Listing Requirements of Bursa Malaysia. The main objective of this study is to document the nature and extent of accounting irregularities involving public reprimand announcements. This study focuses on Malaysian public listed companies from 2007 to 2013. This study uses the classification system and documents five categories of violation under public reprimand announcements (i.e. (1) failure to make an immediate announcement on material facts on a timely basis; (2) failure to submit annual reports or late submission of annual or quarterly reports; (3) failure to take into account the adjustments/inconsistent amount of reported profit or loss with audited amount; (4) market manipulation or insider trading, and (5) questionable corporate exercises).

Metadata

Item Type: Article
Creators:
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Zainudin, Emie Famieza
UNSPECIFIED
Hashim, Hafiza Aishah
UNSPECIFIED
Subjects: H Social Sciences > HF Commerce > Accounting. Bookkeeping
H Social Sciences > HF Commerce > Accounting. Bookkeeping > Balance sheet. Financial statements. Corporation reports. Including pro forma statements
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus
Journal or Publication Title: Management & Accounting Review
UiTM Journal Collections: UiTM Journal > Management & Accounting Review (MAR)
ISSN: 1675-4077
Volume: 15
Number: 1
Page Range: pp. 1-27
Official URL: http://arionline.uitm.edu.my/ojs/index.php/MAR/art...
Item ID: 30740
Uncontrolled Keywords: Public reprimand announcement, Bursa Malaysia, public listed company
URI: https://ir.uitm.edu.my/id/eprint/30740

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30740

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