Journal of Finance and Accounting

Volume 2, Issue 3, May 2014

  • Accounting Practices and Control Systems of Small and Medium Size Entities: A Case Study of Techiman Municipality

    Adjei Luther Ntim, Oteng Evans, Fianu Anthony

    Issue: Volume 2, Issue 3, May 2014
    Pages: 30-40
    Received: 19 March 2014
    Accepted: 20 April 2014
    Published: 30 April 2014
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    Abstract: It is recognized that appropriate accounting information is important for a successful management of a business whether it is large or small. Currently, at the European Union (EU) level, accounting regulation is in place for large and small enterprises with the coming into being differential accounting reporting standard. However, in Ghana, There i... Show More
  • Analysis of the Returns of Small and Medium-Sized Enterprises in Mongolia

    Togtokhbuyan Lkhagvasuren, Huo Xuexi

    Issue: Volume 2, Issue 3, May 2014
    Pages: 41-47
    Received: 9 April 2014
    Accepted: 18 April 2014
    Published: 30 April 2014
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    Abstract: This study analyses the profitability of small and medium-sized enterprises (SMEs) in Mongolia. SMEs play a crucial role in the Mongolian economy and are considered to be the stimulus of economic development in the country. The present paper investigates the factors that affect the performance of SMEs. It examines the relationship between returns, ... Show More
  • Switching Regime in Investors’ Risk Perception

    Houda Litimi, Ahmed BenSaïda

    Issue: Volume 2, Issue 3, May 2014
    Pages: 48-52
    Received: 13 April 2014
    Accepted: 25 April 2014
    Published: 30 April 2014
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    Abstract: Financial assets’ risk is considered as heteroskedastic, and is generally modelled with GARCH models. However, this risk is perceived in the same manner, only external events change, such as returns and historical risk. The way these events are treated by investors, is assumed static. Some scholars explain that risk perception is subject to structu... Show More
  • Adopting of Balanced Scorecard by Manufacturing Firms in Bahrain: An Empirical Study

    Ali Gaber Saleh Mahmoud

    Issue: Volume 2, Issue 3, May 2014
    Pages: 53-61
    Received: 25 April 2014
    Accepted: 9 May 2014
    Published: 20 May 2014
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    Abstract: Performance measurements play an important role in understanding the determinants of successful performance of firms. The balanced scorecard is one of the integrated performance measurement systems that has wide acceptance in several countries. The prior studies investigated different aspects of balanced scorecard in the developed countries, but th... Show More
  • Effect of Exchange Rate Movements on Ghanaian Banks

    Albert Amponsah Addae, Michael Nyarko-Baasi, Michael Lawer Tetteh

    Issue: Volume 2, Issue 3, May 2014
    Pages: 62-71
    Received: 29 April 2014
    Accepted: 12 May 2014
    Published: 30 May 2014
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    Abstract: The main purpose of this paper is to look at the exchange rate sensitivity of some listed banks on the Ghana Stock Exchange (GSE) between 2005 and 2010. In order to achieve the purpose, we adopted both quantitative and qualitative approaches. Econometric models were employed to deal with both the exchange rate sensitivities and to ascertain the ex... Show More
  • Edwards & Bell’s Concept of Profit: An Empirical Analysis on the Basis of Historical Cost and Current Costing

    Golam Mohiuddin

    Issue: Volume 2, Issue 3, May 2014
    Pages: 72-80
    Received: 16 May 2014
    Accepted: 3 June 2014
    Published: 10 June 2014
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    Abstract: The measurement of income occupies a central position in accounting. Income measurement is probably the most important objective and function of accounting, accounting concepts, principles and procedures used by a business enterprise. In general, income represents increase in wealth and success of business; the higher the income, the greater will b... Show More
  • Board Characteristics and Company Performance: Evidence from Nigeria

    Edem Okon Akpan, Noor Afza Amran

    Issue: Volume 2, Issue 3, May 2014
    Pages: 81-89
    Received: 9 May 2014
    Accepted: 3 June 2014
    Published: 20 June 2014
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    Abstract: This study examines the relationship between board characteristics and company performance (measured by turnover) in Nigeria. The study uses multiple regression technique on 90 sampled firms from the main board of Nigerian Stock Exchange from 2010 to 2012. The empirical evidence shows that board size and board education are positively and significa... Show More