Regulations for the Preparation of Financial Statements by Banks in Croatia and Poland

Tominac, Sanja Broz; Bauer, Kinga

doi:10.15678/aoc.2017.1605

Cited by 2 publications

(1 citation statement)

References 7 publications

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“…The development of the disclosure system is closely related to the development of the accounting system. Disclosure standards and practices are influenced by financial resources, legal systems, political and economic ties, the level of economic development, the level of education, culture, and other influences (Tominac & Bauer, 2017).…”

Section: Independent Variable Dependent Variablementioning

confidence: 99%

Effect of disclosure of public sector financial information on quality of financial reporting in public secondary schools in Kakamega County, Kenya

Indeche

Alala²,

Ngala³

2022

IJRBS

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The objective of this study was to determine the effect of public sector financial information disclosure on the quality of financial reporting in public secondary schools in Kakamega County. This study was premised on a theoretical foundation based on legitimacy theory. The study employed a descriptive research design. The study targeted 419 public secondary schools, from which a sample of 205 public secondary schools was obtained using a stratified random sampling technique. The study used Primary data, which was collected using a structured questionnaire. Data were analyzed using version 26 of the Statistical Package of Social Sciences (SPSS). Descriptive and inferential methods of data analysis were used. The analyzed data was presented using tables, models, frequencies and percentages. The study found that public sector financial information disclosure was significant at (? = 0.790, t = 15.488 at p<0.01) on quality financial reporting. From the R Square, it accounted for 54.7% of the variance in quality financial reporting (p = 0.000). The study concluded that disclosure of public sector financial information significantly affected the quality of financial reporting in public secondary schools in Kakamega County. The study recommended that there is a need for financial information and reports to be made available to the users in a timely fashion and in the correct format and language that can make it easy for them to analyze and interpret. This would ensure that there is adequate disclosure of going on concern information which is more comprehensive, integrated and more helpful in decision-making process.

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Section: Independent Variable Dependent Variablementioning

confidence: 99%

Effect of disclosure of public sector financial information on quality of financial reporting in public secondary schools in Kakamega County, Kenya

Indeche

Alala²,

Ngala³

2022

IJRBS

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The Impact of the NFI Directive on the Scope and Quality of Financial Institutions’ CSR Reporting – the Case of the Polish Banking Sector

Berniak-Woźny

Wójcik-Jurkiewicz

2021

Wseas Transactions on Business and Economics

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Until recently, CSR reporting in most EU countries was voluntary and not regulated by the State. However, many, especially large companies, have disclosed additional non-financial information on a voluntary basis in various ways. The situation changed with the entry into force of the EU Directive on disclosure of non-financial and diversity information, which required over 6,000 EU companies to report non-financial information. The aim of the article is to examine how the implementation of Directive 2014/95 / EU influenced the scope and quality of CSR reporting practices of financial institutions on the example of the Polish banking sector. The analysis in this study covered the content of non-financial information of the largest Polish banks listed on WIG Banki, a sub-index of the Warsaw Stock Exchange. The findings indicate that the banking sector reporting practices, although significantly improved, are still at an early stage. To the best of the authors’ knowledge, the research results are the first to present an in-depth analysis of the impact of the NFI Directive on the CSR reports of financial institutions and their reviews. The findings of this study adds to our current knowledge and provides an overview of banking sector reporting practices, showing strengths and weaknesses in this area. The characteristics of banking sector practices presented in this document can help other financial institutions with CSR reporting and encourage them to adhere to recognized standards.

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Regulations for the Preparation of Financial Statements by Banks in Croatia and Poland

Cited by 2 publications

References 7 publications

Effect of disclosure of public sector financial information on quality of financial reporting in public secondary schools in Kakamega County, Kenya

Effect of disclosure of public sector financial information on quality of financial reporting in public secondary schools in Kakamega County, Kenya

The Impact of the NFI Directive on the Scope and Quality of Financial Institutions’ CSR Reporting – the Case of the Polish Banking Sector

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