The International journal of digital accounting research -- V. 01, (2001)

Permanent URI for this collectionhttps://hdl.handle.net/10272/1468

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Now showing 1 - 8 of 8

Statistical techniques vs. SEES algorithm : an application to a small business environment
(Universidad de Huelva, 2001) Andrés, Javier de
The aim of this research is to compare the accuracy of a rule induction classifier system –Quinlan’s SEE5– with linear discriminant analysis and logit. The classification task chosen is the differentiation of the most efficient companies from the least efficient ones on the basis of a set of financial variables. The sample consists of a database containing the annual accounts of the companies located in the Principality of Asturias (Spain), which are mainly small businesses. The main results indicate that SEE5 outperforms logit, but it is not clearly better than discriminant analysis. However, SEE5 models suffer from bigger increases in error rates when tested with validation samples. Another interesting finding is that in SEE5 systems both the number of variables selected and the number of rules inferred grow when sample size increases.
The role of XBRL in Europe
(Universidad de Huelva, 2001) Bonsón Ponte, Enrique
Digital financial statements have been designed under two main hypotheses: The first one considers that human beings are their target audience and the second one assumes that users belong to a specific accounting jurisdiction or capital market. Obviously, these hypotheses are no longer accepted. The former because it is necessary to make machines understand the accounting language to facilitate the automatic exchange of information between softbots and/or software applications. The latter because in order to facilitate securities markets globalization it is necessary to adopt a unique set of international accounting standards. These two needs have to be satisfied. The response to the first one is XBRL, the Extensible Business Reporting Language. The European solution to the second one, is going to be the adoption of the IASB’s International Accounting Standards. In this paper, the role of XBRL in the European solution is analyzed. The main conclusions are that the adoption of IAS and the use of XBRL will facilitate the communication of information in a homogeneous way, that they will allow the interchange of data between software applications and also the automatic analysis of financial information. In summary, they are going to play a key role for the development of the global European Stock Market.
Issues for auditors designing case-based reasoning systems
(Universidad de Huelva, 2001) Curet, Oliver; Jackson, Mary
This paper examines the main methodological issues to be considered for case-based reasoning (CBR) systems. The advantages of knowledge representation in cases are discussed, giving the rationale for these systems. Many different aspects of design are considered, including user requirements where the system is intended to encourage user learning. A framework for designing such case-based learning and reasoning (CB-LR) systems is discussed. The focus is on feature calibration and case stabilisation processes, together with issues concerning implementation and evaluation of systems.
Identification of linkage between strategic group and performance of Indian commercial banks : a combined approach using DEA and Co-Plot
(Universidad de Huelva, 2001) Nath, Prithwiraj; Mukherjee, Avinandan; Pal, Manabendranath
This paper explores the linkage between strategic grouping and performance of the Indian banking sector. Strategic grouping and performance were identified using published financial information for all public sector banks. Grouping of Indian public sector banks following comparable financial strategy – with similar asset quality, operational efficiency and profitability – was operationalized using the graphical display method of Co-plot. From their position in the two dimensional conceptual map, banks with identical financial performance formed strategic groups with significant positive linkage between better groups and their superior financial performance, which showed their inherent homogeneity in business policy decisions. Relative performance of the banks in terms of their efficiency in converting the resources to financial outputs was obtained using data envelopment analysis technique. The measures for potential financial improvements were obtained from the output slacks calculated. Efficient banks were found to be more profitable and their grouping as observed in the efficiency-profitability matrix was found to be identical to the strategic groups obtained using financial ratios. This paper offers a framework to commercial banks to make informed policy decisions about their competitive positioning in the target market, develop long-term strategic focus and identify a benchmark for improving their performance.
Risks and controls in the implementation of ERP systems
(Universidad de Huelva, 2001) Grabski, Severin V.; Leech, Stewart A.; Lu, Bai
The implementation of ERP systems has been problematic for many organizations. Given the many reports of substantial failures, the implementation of packaged ERP software and associated changes in business processes has proved not to be an easy task. As many organizations have discovered, the implementation of ERP systems can be a monumental disaster unless the process is handled carefully. The aim of this study is to identify the risks and controls used in ERP implementations, with the objective to understand the ways in which organizations can minimize the business risks involved. By controlling and minimizing the major business risks in the first instance, the scene can be set for the successful implementation of an ERP system. The study was motivated by the significance, for both the research and practice communities, of understanding the risks and controls critical for the successful implementation of ERP systems. Following the development of a model of risks and controls, a field study of an ERP system implementation project in an organization was conducted to provide a limited test of the model. The results from the field study provided support for risks and controls identified in the literature. The results also identified several controls not mentioned in the reviewed literature. The study lays the foundation for further research into the risk/control framework so important for the success of the implementations of ERP systems.
Prediction of corporate financial distress : an application of the composite rule induction system
(Universidad de Huelva, 2001) Ko, Li-Jen; Blocher, Edward J.; Lin, P. Paul
The economic consequence of corporate failure is enormous, especially for the stakeholders of public-held companies. Prior to a corporate failure, the firm’s financial status is frequently in distress. Consequently, finding a method to identify corporate financial distress as early as possible is clearly a matter of considerable interest to investors, creditors, auditors and other stakeholders. This paper uses a composite rule induction system (CRIS; Liang 1992) to derive rules for predicting corporate financial distress in Taiwan. In addition, this paper compares the prediction performance of cris, neural computing and the logit model. The empirical results indicate that both CRIS and neural computing outperform the logit model in predicting financial distress. Although both CRIS and neural computing perform rather well, CRIS has the advantage that the derived rules are easier to understand and interpret.
Internet transaction anxiety & recognition of assurance services
(Universidad de Huelva, 2001) White, Clinton E., Jr.
Many recent surveys and articles have shown that consumers have “Internet transaction anxiety.” This study explores specific transaction anxieties related to the services provided by several prominent e-commerce assurance services. Results indicate that consumers are most concerned about their personal information both as it is being transmitted over the Internet and when it is being handled remotely by an e-commerce vendor. However, there is no significant relationship between having major reservations about purchasing via the Internet and actually doing so. Also, the majority of subjects in this study did not recognize assurance service seals designed to alleviate transaction anxieties. A personal safe shopping guarantee from a reputable e-commerce vendor (e.g. Amazon.com) appears to be as effective at alleviating consumer anxiety as a Web assurance seal from an assurance service.
Financial reporting websites : what users want in terms of form and content
(Universidad de Huelva, 2001) Debreceny, Roger; Gray, Glen L.; Mock, Theodore J.
Web-based financial reporting varies widely. Our research had three objectives: (1) identify design attributes for Web-based financial reporting; (2) rank those attributes; and (3) pilot test the Web as a survey tool. Sixty-one attributes were developed from prior studies. The subjects were the subscribers of the “Double Entries” email newsletter. In terms of completeness, the respondents suggested seven additional attributes. Regarding the second objective, some surprises were found. For example, the Jenkins Report emphasizes forward-looking information; yet, the respondents rated traditional content higher than forward-looking information. Traditional static attributes were rated higher than dynamic attributes. In terms of presentation, the respondents were moderately adverse to downloading files, gave relatively low ratings to “bells and whistles,” preferred hyperlinks and other navigation aids such tables of content over search and query functions. Regarding the third objective, the response rate was 13.2%, which was at the low end of response rates reported by similar projects.

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