DocumentCode
2098266
Title
Notice of Retraction
The Study on Risk Control of Accounting Policy Choice
Author
Sun Nina ; Wang Fusheng ; Song Haixu ; Wang Sheyan
Author_Institution
Dept. of Accounting, Harbin Inst. of Technol., Harbin, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The risk control of accounting policy choice is the key to ensure accounting information quality, reduce financial risk and implement internal control effectively. And it also has important significance for improving enterprises´ anti-risk ability, increasing enterprise value and promoting resource optimal allocation. Stakeholders participating in accounting policy choice (SPAPC), it can form mutual restriction of stakeholders and different stakeholders will compare the benefits of various accounting policy choices. The choice will stabilize at the one which can reflect enterprises´ management state fairly. And this choice can balance all stakeholders´ interest under the condition of avoiding moral hazard. At last, enterprise should establish SPAPC system and disclosure information during SPAPC process.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The risk control of accounting policy choice is the key to ensure accounting information quality, reduce financial risk and implement internal control effectively. And it also has important significance for improving enterprises´ anti-risk ability, increasing enterprise value and promoting resource optimal allocation. Stakeholders participating in accounting policy choice (SPAPC), it can form mutual restriction of stakeholders and different stakeholders will compare the benefits of various accounting policy choices. The choice will stabilize at the one which can reflect enterprises´ management state fairly. And this choice can balance all stakeholders´ interest under the condition of avoiding moral hazard. At last, enterprise should establish SPAPC system and disclosure information during SPAPC process.
Keywords
accounting; financial management; resource allocation; risk management; SPAPC process; accounting information quality; accounting policy choice; enterprises management; financial risk reduction; internal control implementation; resource optimal allocation; risk control; Electronic mail; Environmental economics; Fuel processing industries; Industrial economics; Loans and mortgages; Macroeconomics; Petroleum; Resource management; Risk management; Sun;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Type
conf
DOI
10.1109/ICMSS.2009.5301981
Filename
5301981
Link To Document