The different financial information presentation forms affect financial analysts’ judgement about corporate’s performance

• Main Authors: Yun-Ching Li, 李芸菁
• Other Authors: Shiao-Yan Huang
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/n2f5hg

碩士 === 靜宜大學 === 會計學系研究所 === 93 === Because information passed quickly via Internet, investors can gain industrial and financial information on Listed and Over-the-Counter (OTC) companies by Internet. Some information disclosed on these websites remains unaudited (e.g., graph). Statement on Auditing Standards requires no auditing of corporations’ non-financial data. The format of graphs to disclose financial information has never been regulated by accounting authority. This paper offers suggestions for Taiwan’s accounting authorities to formulate relevant norms. This paper investigates of all such companies on Listed and Over-the-Counter (OTC) companies’ webs in Taiwan from June 1, 2004 to December 31, 2004. We found thirteen percent using graphs to present their financial and non-financial information. Also, we found about twenty-five percent unsuitable presenting graphs in Listed and OTC firms. The purpose of this research expects to know that can the professional financial analysts’ in capital market be affect by the graphs’ distortion? To remind all graphs’ readers see the graphs’ attention. The result reveals if the corporation in good financial statement presents by graphs distortion or graphs no distortion, it’s not better than numeric tables or narrative words. The corporation in not good financial statement presents by graphs distortion, graphs no distortion, numeric tables or narrative words, it’s not the same result.