Manuscript Type: Research paper.
Research aims: The purpose of this paper is to inves... more Manuscript Type: Research paper.
Research aims: The purpose of this paper is to investigate and examine the determinants of risk disclosure practices under Basel 3, Pillar 3 (revised 2016 version) requirements of the top 50 listed banks in the Gulf Countries region (GCC). The study covers the period 2016-2019.
Design/Methodology/Approach: The present study is based on a content analysis approach to allow the measurement of risk disclosures. Six risk disclosure categories were identified as the major sections regarding this particular type of reporting. The analysis covers both quantitative and qualitative data that had been hand collected from the annuals reports and Pillar 3 risk disclosures reports. From a regulatory perspective, the study refers to the most relevant international accounting standards, namely, Basel III Agreement Pillar 3 (2016 revised version), and IFRS 7.
Research findings: It is expected that the GCC major banks, even though they must comply with the same risk disclosure regulation, will demonstrate specific disparities in their risk reporting. The results of the study suggest that Basel III risk reporting is significantly determined by size, leverage, cross listing, and government ownership.
Theoretical contributions/Originality: The present study contributes to the literature by documenting the level of compliance of the top GCC banks with the recent BCBS risk disclosure requirements, and by providing empirical evidence regarding the quality of the released risk disclosures and its potential determinants. Another major contribution of the paper is the development of a self-constructed disclosure index that reflects the most recent Basel III disclosure regulations (Pillar 3, 2016 version).
Practical implications: The findings of this study could be appreciated from different angles. From a regulatory perspective, this study might be insightful to GCC baking regulators in term of developing appropriate policies that will bring the banks to responsibly and professionally adopt an acceptable level of risk disclosure. At the global level, the findings could be insightful to the IASB concerning the degree of compliance of the banks in the region with IFRSs related to risk reporting. Thus, it can help the IASB consider institutional differences among countries when revising its pronouncements.
Research limitations/Implications: The findings of the present study would be understood in light of some limitations. First, in the present study, we considered only the top 50 GCC listed banks, which could impede the generalization of the results from the content analysis and the regression on the rest of the banks in the region. Second, we were interested in this research about the implementation of the new 2016 market discipline Pillar 3 disclosures requirement. Expanding the time frame of the study could reveal additional insights into risk disclosure practices.
Keywords: Corporate Risk Disclosures Basel Committee on Banking Supervision (BCBS), Basel III, Pillar 3, Market Discipline, IFRS 7, Gulf Cooperation Council (GCC)
Developing and emerging countries are progressively embracing globalization and implementing Inte... more Developing and emerging countries are progressively embracing globalization and implementing International Financial Reporting Standards. This study seeks to analyze how Algeria initiated the transformational processes of its local accounting practice to meet the International Financial Reporting Standards. The study is primarily qualitative in nature and based on data gathered primarily from archival sources. The main focus of the present study is threefold in nature. Firstly, is to highlight the unique context in which Algeria is converging to IFRS, characterized mainly by the colonial and centrally planned economy background. Secondly, after the analysis of the flaws of the old accounting system, the main features and benefits of the new IFRS compliant financial accounting system (hereinafter, NFAS) are outlined. Thirdly, the issues and challenges related to the implementation of IFRS in an emerging country such as Algeria are investigated and explained in-depth. This study sugge...
The present research investigates the underlying factors that affect the implementation of the sy... more The present research investigates the underlying factors that affect the implementation of the systems, applications and productions in financial accounting (SAP FI) module in an accounting curriculum. The study was carried out by using a survey questionnaire regarding six factors, namely, knowledge, complexity, usability, usefulness, satisfaction and future career, that affect the implementation of the SAP FI module. Business students (who have a major or minor in accounting) studying at the College of Business and Economics at Qatar University participated in this study. The results of the study found that the students were satisfied; they perceived that learning SAP FI was useful and that it had a strong impact on their future careers. All factors were found to be statistically significant in affecting the implementation of SAP FI. While the implantation efforts so far have been satisfying, various challenges persist. The study concluded that a first time SAP FI implementation is quite challenging from human, logistic and administrative perspectives, leaving room for more future improvements in terms of increasing the level of awareness and knowledge among the faculty and students. The study also recommends considering incorporating other SAP modules in other college curricula (e. Reference to this paper should be made as follows: Saidi, F., Abdulkarim, M. and Ousama, A.A. (xxxx) 'Factors affecting the integration of the SAP-financial accounting module into an accounting curriculum: evidence from a gulf-based university', Int.
September 2018 Afro-Asian J of Finance and Accounting 8(3) DOI: 10.1504/AAJFA.2018.1001436, 2018
The motivation to implement activity-based costing (ABC) in
services and academia-oriented insti... more The motivation to implement activity-based costing (ABC) in
services and academia-oriented institutions is identical to other institutions: to
assign indirect costs to products and services based on activities. This study
presents an attempt to develop an ABC simulation model applicable at the
Center for Entrepreneurship, which is an advisory and consultancy unit at Qatar
University. The proposed ABC model is intended to assist the managers
computing the operational costs of four operational activities of the centre:
research, training, consultation, and incubation. The study relies on a
qualitative research method, including data collected from both primary and
secondary sources. Secondary data is a based on reviewing literature sources;
whereas primary data is based on a survey. The findings confirm the
appropriateness of ABC in gaining better insights into the cost structure of the
activities of the centre.
International Research Journal of Applied Finance, 2013
Developing and emerging countries are progressively embracing globalization and implementing Inte... more Developing and emerging countries are progressively embracing globalization and implementing International Financial Reporting Standards. This study seeks to analyze how Algeria initiated the transformational processes of its local accounting practice to meet the International Financial Reporting Standards. The study is primarily qualitative in nature and based on data gathered primarily from archival sources. The main focus of the present study is threefold in nature. Firstly, is to highlight the unique context in which Algeria is converging to IFRS, characterized mainly by the colonial and centrally planned economy background. Secondly, after the analysis of the flaws of the old accounting system, the main features and benefits of the new IFRS compliant financial accounting system (hereinafter, NFAS) are outlined. Thirdly, the issues and challenges related to the implementation of IFRS in an emerging country such as Algeria are investigated and explained in-depth. This study suggests first that a more careful approach should be adopted when carrying out a transformation of the accounting system of a country that used to live under a centrally planned economy for more than five decades. Secondly, it stresses on the urgent need to develop an appropriate regulatory environment to enforce the application of the new financial accounting system and to bring all the concerned stakeholders to embrace the requirements of the new accounting era. Thirdly, all the challenges facing the adequate implementation of NFAS must be seriously recognized and resolved in order to benefit fully from this historical shift in the Algerian accounting practice.
The purpose of this study is to examine the association between a segmental disclosure policy and... more The purpose of this study is to examine the association between a segmental disclosure policy and corporate governance structure within Canadian companies reporting under the Canadian accounting standard Section 1701, Segment Disclosure. Canadian firms subject to this standard are found to be reluctant to provide detailed disclosures of their activities and thus are complying with the minimum requirements using the grouping provision offered by the standard. We also found that except for the duality effect, the structure of the board of directors does not have a large effect on the chosen level of segmental disclosure. Furthermore, the ownership structure was found to influence the choice of the level of disclosure regarding the line of businesses data. This study is primarily motivated by the lack of Canadian evidence on the quality of segment disclosure. Moreover, this research is timely because of IASB's current re-evaluation of segment reporting requirements. Therefore, the expected findings of this study may be of interest to standard-setting bodies in countries lacking effective regulation on segmental reporting, to accounting practitioners, and to users of financial statements.
Le FASB et le CNC ont adopté dans un projet commun un nouveau mode de présentation de l’informat... more Le FASB et le CNC ont adopté dans un projet commun un nouveau mode de présentation de l’information sectorielle, en se fondant sur l’approche proposée par l’AIMR et l’AICPA, intitulée « l’approche organisationnelle». Suite à ce projet, une nouvelle norme a vu le jour, soit la SFAS 131, « Disclosures about Segments of an Entreprise and Related Information » et le chapitre 1701, « Information sectorielle ». La norme élaborée demande aux sociétés de publier leur information segmentée en se basant sur la structure interne de gestion. Il est à noter que la direction exerce son choix dans la détermination des secteurs à publier, dans l'identification des actifs liés à chaque secteur et dans l'allocation des coûts à l’égard des secteurs afin d'estimer les profits d'exploitation de chacun de ces secteurs. Cette étude examine les variables de gouvernance pouvant influencer le niveau de publication sectorielle choisi. L’objectif de cette étude est donc d’examiner les aspects de la gouvernance qui peuvent contribuer aux choix comptables en matière d’informations sectorielles de la part des entreprises canadiennes diversifiées cotées en bourse sur le Toronto Stock Exchange (TSX).
Manuscript Type: Research paper.
Research aims: The purpose of this paper is to inves... more Manuscript Type: Research paper.
Research aims: The purpose of this paper is to investigate and examine the determinants of risk disclosure practices under Basel 3, Pillar 3 (revised 2016 version) requirements of the top 50 listed banks in the Gulf Countries region (GCC). The study covers the period 2016-2019.
Design/Methodology/Approach: The present study is based on a content analysis approach to allow the measurement of risk disclosures. Six risk disclosure categories were identified as the major sections regarding this particular type of reporting. The analysis covers both quantitative and qualitative data that had been hand collected from the annuals reports and Pillar 3 risk disclosures reports. From a regulatory perspective, the study refers to the most relevant international accounting standards, namely, Basel III Agreement Pillar 3 (2016 revised version), and IFRS 7.
Research findings: It is expected that the GCC major banks, even though they must comply with the same risk disclosure regulation, will demonstrate specific disparities in their risk reporting. The results of the study suggest that Basel III risk reporting is significantly determined by size, leverage, cross listing, and government ownership.
Theoretical contributions/Originality: The present study contributes to the literature by documenting the level of compliance of the top GCC banks with the recent BCBS risk disclosure requirements, and by providing empirical evidence regarding the quality of the released risk disclosures and its potential determinants. Another major contribution of the paper is the development of a self-constructed disclosure index that reflects the most recent Basel III disclosure regulations (Pillar 3, 2016 version).
Practical implications: The findings of this study could be appreciated from different angles. From a regulatory perspective, this study might be insightful to GCC baking regulators in term of developing appropriate policies that will bring the banks to responsibly and professionally adopt an acceptable level of risk disclosure. At the global level, the findings could be insightful to the IASB concerning the degree of compliance of the banks in the region with IFRSs related to risk reporting. Thus, it can help the IASB consider institutional differences among countries when revising its pronouncements.
Research limitations/Implications: The findings of the present study would be understood in light of some limitations. First, in the present study, we considered only the top 50 GCC listed banks, which could impede the generalization of the results from the content analysis and the regression on the rest of the banks in the region. Second, we were interested in this research about the implementation of the new 2016 market discipline Pillar 3 disclosures requirement. Expanding the time frame of the study could reveal additional insights into risk disclosure practices.
Keywords: Corporate Risk Disclosures Basel Committee on Banking Supervision (BCBS), Basel III, Pillar 3, Market Discipline, IFRS 7, Gulf Cooperation Council (GCC)
Developing and emerging countries are progressively embracing globalization and implementing Inte... more Developing and emerging countries are progressively embracing globalization and implementing International Financial Reporting Standards. This study seeks to analyze how Algeria initiated the transformational processes of its local accounting practice to meet the International Financial Reporting Standards. The study is primarily qualitative in nature and based on data gathered primarily from archival sources. The main focus of the present study is threefold in nature. Firstly, is to highlight the unique context in which Algeria is converging to IFRS, characterized mainly by the colonial and centrally planned economy background. Secondly, after the analysis of the flaws of the old accounting system, the main features and benefits of the new IFRS compliant financial accounting system (hereinafter, NFAS) are outlined. Thirdly, the issues and challenges related to the implementation of IFRS in an emerging country such as Algeria are investigated and explained in-depth. This study sugge...
The present research investigates the underlying factors that affect the implementation of the sy... more The present research investigates the underlying factors that affect the implementation of the systems, applications and productions in financial accounting (SAP FI) module in an accounting curriculum. The study was carried out by using a survey questionnaire regarding six factors, namely, knowledge, complexity, usability, usefulness, satisfaction and future career, that affect the implementation of the SAP FI module. Business students (who have a major or minor in accounting) studying at the College of Business and Economics at Qatar University participated in this study. The results of the study found that the students were satisfied; they perceived that learning SAP FI was useful and that it had a strong impact on their future careers. All factors were found to be statistically significant in affecting the implementation of SAP FI. While the implantation efforts so far have been satisfying, various challenges persist. The study concluded that a first time SAP FI implementation is quite challenging from human, logistic and administrative perspectives, leaving room for more future improvements in terms of increasing the level of awareness and knowledge among the faculty and students. The study also recommends considering incorporating other SAP modules in other college curricula (e. Reference to this paper should be made as follows: Saidi, F., Abdulkarim, M. and Ousama, A.A. (xxxx) 'Factors affecting the integration of the SAP-financial accounting module into an accounting curriculum: evidence from a gulf-based university', Int.
September 2018 Afro-Asian J of Finance and Accounting 8(3) DOI: 10.1504/AAJFA.2018.1001436, 2018
The motivation to implement activity-based costing (ABC) in
services and academia-oriented insti... more The motivation to implement activity-based costing (ABC) in
services and academia-oriented institutions is identical to other institutions: to
assign indirect costs to products and services based on activities. This study
presents an attempt to develop an ABC simulation model applicable at the
Center for Entrepreneurship, which is an advisory and consultancy unit at Qatar
University. The proposed ABC model is intended to assist the managers
computing the operational costs of four operational activities of the centre:
research, training, consultation, and incubation. The study relies on a
qualitative research method, including data collected from both primary and
secondary sources. Secondary data is a based on reviewing literature sources;
whereas primary data is based on a survey. The findings confirm the
appropriateness of ABC in gaining better insights into the cost structure of the
activities of the centre.
International Research Journal of Applied Finance, 2013
Developing and emerging countries are progressively embracing globalization and implementing Inte... more Developing and emerging countries are progressively embracing globalization and implementing International Financial Reporting Standards. This study seeks to analyze how Algeria initiated the transformational processes of its local accounting practice to meet the International Financial Reporting Standards. The study is primarily qualitative in nature and based on data gathered primarily from archival sources. The main focus of the present study is threefold in nature. Firstly, is to highlight the unique context in which Algeria is converging to IFRS, characterized mainly by the colonial and centrally planned economy background. Secondly, after the analysis of the flaws of the old accounting system, the main features and benefits of the new IFRS compliant financial accounting system (hereinafter, NFAS) are outlined. Thirdly, the issues and challenges related to the implementation of IFRS in an emerging country such as Algeria are investigated and explained in-depth. This study suggests first that a more careful approach should be adopted when carrying out a transformation of the accounting system of a country that used to live under a centrally planned economy for more than five decades. Secondly, it stresses on the urgent need to develop an appropriate regulatory environment to enforce the application of the new financial accounting system and to bring all the concerned stakeholders to embrace the requirements of the new accounting era. Thirdly, all the challenges facing the adequate implementation of NFAS must be seriously recognized and resolved in order to benefit fully from this historical shift in the Algerian accounting practice.
The purpose of this study is to examine the association between a segmental disclosure policy and... more The purpose of this study is to examine the association between a segmental disclosure policy and corporate governance structure within Canadian companies reporting under the Canadian accounting standard Section 1701, Segment Disclosure. Canadian firms subject to this standard are found to be reluctant to provide detailed disclosures of their activities and thus are complying with the minimum requirements using the grouping provision offered by the standard. We also found that except for the duality effect, the structure of the board of directors does not have a large effect on the chosen level of segmental disclosure. Furthermore, the ownership structure was found to influence the choice of the level of disclosure regarding the line of businesses data. This study is primarily motivated by the lack of Canadian evidence on the quality of segment disclosure. Moreover, this research is timely because of IASB's current re-evaluation of segment reporting requirements. Therefore, the expected findings of this study may be of interest to standard-setting bodies in countries lacking effective regulation on segmental reporting, to accounting practitioners, and to users of financial statements.
Le FASB et le CNC ont adopté dans un projet commun un nouveau mode de présentation de l’informat... more Le FASB et le CNC ont adopté dans un projet commun un nouveau mode de présentation de l’information sectorielle, en se fondant sur l’approche proposée par l’AIMR et l’AICPA, intitulée « l’approche organisationnelle». Suite à ce projet, une nouvelle norme a vu le jour, soit la SFAS 131, « Disclosures about Segments of an Entreprise and Related Information » et le chapitre 1701, « Information sectorielle ». La norme élaborée demande aux sociétés de publier leur information segmentée en se basant sur la structure interne de gestion. Il est à noter que la direction exerce son choix dans la détermination des secteurs à publier, dans l'identification des actifs liés à chaque secteur et dans l'allocation des coûts à l’égard des secteurs afin d'estimer les profits d'exploitation de chacun de ces secteurs. Cette étude examine les variables de gouvernance pouvant influencer le niveau de publication sectorielle choisi. L’objectif de cette étude est donc d’examiner les aspects de la gouvernance qui peuvent contribuer aux choix comptables en matière d’informations sectorielles de la part des entreprises canadiennes diversifiées cotées en bourse sur le Toronto Stock Exchange (TSX).
Uploads
Papers
Research aims: The purpose of this paper is to investigate and examine the determinants of risk disclosure practices under Basel 3, Pillar 3 (revised 2016 version) requirements of the top 50 listed banks in the Gulf Countries region (GCC). The study covers the period 2016-2019.
Design/Methodology/Approach: The present study is based on a content analysis approach to allow the measurement of risk disclosures. Six risk disclosure categories were identified as the major sections regarding this particular type of reporting. The analysis covers both quantitative and qualitative data that had been hand collected from the annuals reports and Pillar 3 risk disclosures reports. From a regulatory perspective, the study refers to the most relevant international accounting standards, namely, Basel III Agreement Pillar 3 (2016 revised version), and IFRS 7.
Research findings: It is expected that the GCC major banks, even though they must comply with the same risk disclosure regulation, will demonstrate specific disparities in their risk reporting. The results of the study suggest that Basel III risk reporting is significantly determined by size, leverage, cross listing, and government ownership.
Theoretical contributions/Originality: The present study contributes to the literature by documenting the level of compliance of the top GCC banks with the recent BCBS risk disclosure requirements, and by providing empirical evidence regarding the quality of the released risk disclosures and its potential determinants. Another major contribution of the paper is the development of a self-constructed disclosure index that reflects the most recent Basel III disclosure regulations (Pillar 3, 2016 version).
Practical implications: The findings of this study could be appreciated from different angles. From a regulatory perspective, this study might be insightful to GCC baking regulators in term of developing appropriate policies that will bring the banks to responsibly and professionally adopt an acceptable level of risk disclosure. At the global level, the findings could be insightful to the IASB concerning the degree of compliance of the banks in the region with IFRSs related to risk reporting. Thus, it can help the IASB consider institutional differences among countries when revising its pronouncements.
Research limitations/Implications: The findings of the present study would be understood in light of some limitations. First, in the present study, we considered only the top 50 GCC listed banks, which could impede the generalization of the results from the content analysis and the regression on the rest of the banks in the region. Second, we were interested in this research about the implementation of the new 2016 market discipline Pillar 3 disclosures requirement. Expanding the time frame of the study could reveal additional insights into risk disclosure practices.
Keywords: Corporate Risk Disclosures Basel Committee on Banking Supervision (BCBS), Basel III, Pillar 3, Market Discipline, IFRS 7, Gulf Cooperation Council (GCC)
JEL Classification: G21,G28,G32,G34,G3
services and academia-oriented institutions is identical to other institutions: to
assign indirect costs to products and services based on activities. This study
presents an attempt to develop an ABC simulation model applicable at the
Center for Entrepreneurship, which is an advisory and consultancy unit at Qatar
University. The proposed ABC model is intended to assist the managers
computing the operational costs of four operational activities of the centre:
research, training, consultation, and incubation. The study relies on a
qualitative research method, including data collected from both primary and
secondary sources. Secondary data is a based on reviewing literature sources;
whereas primary data is based on a survey. The findings confirm the
appropriateness of ABC in gaining better insights into the cost structure of the
activities of the centre.
Books
Research aims: The purpose of this paper is to investigate and examine the determinants of risk disclosure practices under Basel 3, Pillar 3 (revised 2016 version) requirements of the top 50 listed banks in the Gulf Countries region (GCC). The study covers the period 2016-2019.
Design/Methodology/Approach: The present study is based on a content analysis approach to allow the measurement of risk disclosures. Six risk disclosure categories were identified as the major sections regarding this particular type of reporting. The analysis covers both quantitative and qualitative data that had been hand collected from the annuals reports and Pillar 3 risk disclosures reports. From a regulatory perspective, the study refers to the most relevant international accounting standards, namely, Basel III Agreement Pillar 3 (2016 revised version), and IFRS 7.
Research findings: It is expected that the GCC major banks, even though they must comply with the same risk disclosure regulation, will demonstrate specific disparities in their risk reporting. The results of the study suggest that Basel III risk reporting is significantly determined by size, leverage, cross listing, and government ownership.
Theoretical contributions/Originality: The present study contributes to the literature by documenting the level of compliance of the top GCC banks with the recent BCBS risk disclosure requirements, and by providing empirical evidence regarding the quality of the released risk disclosures and its potential determinants. Another major contribution of the paper is the development of a self-constructed disclosure index that reflects the most recent Basel III disclosure regulations (Pillar 3, 2016 version).
Practical implications: The findings of this study could be appreciated from different angles. From a regulatory perspective, this study might be insightful to GCC baking regulators in term of developing appropriate policies that will bring the banks to responsibly and professionally adopt an acceptable level of risk disclosure. At the global level, the findings could be insightful to the IASB concerning the degree of compliance of the banks in the region with IFRSs related to risk reporting. Thus, it can help the IASB consider institutional differences among countries when revising its pronouncements.
Research limitations/Implications: The findings of the present study would be understood in light of some limitations. First, in the present study, we considered only the top 50 GCC listed banks, which could impede the generalization of the results from the content analysis and the regression on the rest of the banks in the region. Second, we were interested in this research about the implementation of the new 2016 market discipline Pillar 3 disclosures requirement. Expanding the time frame of the study could reveal additional insights into risk disclosure practices.
Keywords: Corporate Risk Disclosures Basel Committee on Banking Supervision (BCBS), Basel III, Pillar 3, Market Discipline, IFRS 7, Gulf Cooperation Council (GCC)
JEL Classification: G21,G28,G32,G34,G3
services and academia-oriented institutions is identical to other institutions: to
assign indirect costs to products and services based on activities. This study
presents an attempt to develop an ABC simulation model applicable at the
Center for Entrepreneurship, which is an advisory and consultancy unit at Qatar
University. The proposed ABC model is intended to assist the managers
computing the operational costs of four operational activities of the centre:
research, training, consultation, and incubation. The study relies on a
qualitative research method, including data collected from both primary and
secondary sources. Secondary data is a based on reviewing literature sources;
whereas primary data is based on a survey. The findings confirm the
appropriateness of ABC in gaining better insights into the cost structure of the
activities of the centre.