Improving fraud detection, financial reporting quality, investor confidence and market returns by using specialist auditors. As investors, managers and auditors grapple with the global financial crisis effects, this project's findings will help them by showing how and when auditor specialisation contributes to greater financial statement quality and returns. Investors will benefit from lower audit costs, increased audit quality and more credible financial statements.
Development, implementation and private and public sector adoption of Standard Business Reporting in Australia. Standard Business Reporting is a government response to the business regulatory burden and streamlines business to government reporting, but involves some cost to business in its initial uptake. This project examines the adoption decisions made and their consequences for business entities choosing to use this voluntary reporting channel.
How do company announcements affect trading frequency in stocks? This project addresses the question of how financial markets respond to news by investigating how company announcements affect trading patterns in Australian banking stocks. Analysis will be based on new extensions to autoregressive conditional hazard (ACH) models, with research focussing on how to incorporate announcement variables into an ACH framework and how to modify standard ACH analysis to account for simultaneous transactio ....How do company announcements affect trading frequency in stocks? This project addresses the question of how financial markets respond to news by investigating how company announcements affect trading patterns in Australian banking stocks. Analysis will be based on new extensions to autoregressive conditional hazard (ACH) models, with research focussing on how to incorporate announcement variables into an ACH framework and how to modify standard ACH analysis to account for simultaneous transactions, market frictions and spillover effects. The results of this research will assist government and companies in choosing announcement times, aid traders in portfolio adjustment and will lead to a better understanding of the microstructure of Australian stock markets.Read moreRead less
Credential Systems and Their Applications in Securing Electronic Health Records. The expected result of this project will be frontier technologies that are essential in applications and services, whose acceptance and take-up will depend on users' assurance of their security in the cyber world. In particular, a service such as the EHR system, which is known to be a complex system, requires the use of new and innovative credential-based systems. The result will also contribute to maintaining Austr ....Credential Systems and Their Applications in Securing Electronic Health Records. The expected result of this project will be frontier technologies that are essential in applications and services, whose acceptance and take-up will depend on users' assurance of their security in the cyber world. In particular, a service such as the EHR system, which is known to be a complex system, requires the use of new and innovative credential-based systems. The result will also contribute to maintaining Australia's leading position in the telecommunication and information technology industries, which has been recognised by increased government funding levels. The resulting applications of this project will place Australia as the first country able to design and implement a secure EHR system.Read moreRead less
Managing the world's most precious resource: The role of water accounting. This project contributes to the National Research Priorities goal to develop sustainable ways of improving water productivity, using less water in agriculture and other industries, and providing increased protection of rivers and groundwater. Robust and rigorous water accounting and assurance will allow water managers to identify and address system water losses, and will underpin increased market and investment confiden ....Managing the world's most precious resource: The role of water accounting. This project contributes to the National Research Priorities goal to develop sustainable ways of improving water productivity, using less water in agriculture and other industries, and providing increased protection of rivers and groundwater. Robust and rigorous water accounting and assurance will allow water managers to identify and address system water losses, and will underpin increased market and investment confidence in water information among water users. The collaborations between industry, academia, government and the accounting and water management professions will provide and demonstrate high profile, significant and timely international thought leadership in the emerging discipline of water accounting standards. Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0775726
Funder
Australian Research Council
Funding Amount
$306,270.00
Summary
Australian Mirror of the UCSC Genome Database and Browser. Modern medical, biological, agricultural, and environmental research and industries are being transformed by access to genomic information that details the DNA sequence of various species, as well as of different strains and individuals within populations. This information is being generated at an exponentially increasing speed, and requires large computational resources. This facility will provide Australian researchers, R&D organizati ....Australian Mirror of the UCSC Genome Database and Browser. Modern medical, biological, agricultural, and environmental research and industries are being transformed by access to genomic information that details the DNA sequence of various species, as well as of different strains and individuals within populations. This information is being generated at an exponentially increasing speed, and requires large computational resources. This facility will provide Australian researchers, R&D organizations and industry with state-of-the-art genomic data storage and analysis capability, which will permit both public and proprietary access, and accelerate Australian research and development in genetic medicine, pharmaceuticals, animal breeding and biodiversity.Read moreRead less
The Management of Corporate Earnings and Audit Committee Effectiveness. The ?management? of corporate earnings as an issue of social and economic importance has been given substantial prominence recently (e.g. Enron, HIH). Mandated audit committees (AC) for large companies has been proposed by Federal Government initiated inquiries (Ramsay 2001, JCPAA 2002) and is a key part to the Government's response to those inquiries (CLERP 9). ACs are not without critics (eg Wolnizer 1995). This study ex ....The Management of Corporate Earnings and Audit Committee Effectiveness. The ?management? of corporate earnings as an issue of social and economic importance has been given substantial prominence recently (e.g. Enron, HIH). Mandated audit committees (AC) for large companies has been proposed by Federal Government initiated inquiries (Ramsay 2001, JCPAA 2002) and is a key part to the Government's response to those inquiries (CLERP 9). ACs are not without critics (eg Wolnizer 1995). This study examines longitudinally the effectiveness of ACs in influencing corporate earnings management behaviour. This study will aid the Federal Government sponsored Financial Reporting Council in its task of monitoring the effectiveness post-CLERP 9 implementation. Read moreRead less
Australia's Regulatory Response to Recent Corporate Collapses and Perceived Auditing Deficiencies. The corporate collapses of recent years have cost shareholders and other stakeholders hundreds of millions of dollars. However, various reforms in accounting and governance are coming into force. As these reforms differ markedly from those in other jurisdictions (notably the USA), Australian based research is essential in understanding the effectiveness of the changes in moderating certain corpor ....Australia's Regulatory Response to Recent Corporate Collapses and Perceived Auditing Deficiencies. The corporate collapses of recent years have cost shareholders and other stakeholders hundreds of millions of dollars. However, various reforms in accounting and governance are coming into force. As these reforms differ markedly from those in other jurisdictions (notably the USA), Australian based research is essential in understanding the effectiveness of the changes in moderating certain corporate behaviour. This research provides a measure of efficacy of these reforms in terms of measures of "manipulation" of corporate earnings. The results of the research will provide evidence of the efficacy of the reforms and pointers to further enhancements. Read moreRead less
Effective clinical handover communication: improving patient safety, experience and outcomes. Improving written and spoken communication in clinical handover will significantly reduce critical incidents in hospitals. The link between communication and critical incidents in hospitals is well documented. One third of the $2 billion p.a. direct financial costs to Australia of critical incidents, is attributed to poor communication between clinicians. National and international governments and heal ....Effective clinical handover communication: improving patient safety, experience and outcomes. Improving written and spoken communication in clinical handover will significantly reduce critical incidents in hospitals. The link between communication and critical incidents in hospitals is well documented. One third of the $2 billion p.a. direct financial costs to Australia of critical incidents, is attributed to poor communication between clinicians. National and international governments and health agencies have targeted clinical handover as critical in safe, effective health care. This project will generate new knowledge of handover to significantly improve patient safety and enable health professionals to enhance their communicative practices, thereby improving the quality of the patient journey through the hospital system.Read moreRead less
Emergency Communication: Addressing the challenges in health care discourses and practices. Communication breakdowns have been identified as the major cause of
critical incidents in public hospitals in NSW (NSW Health, 2005a). A key applied benefit of knowledge generated by the project will be a
contribution to the reduction of critical incidents leading to patient
harm - an outcome applicable to Emergency Departments nationally. This project will benefit Australia's Hospital and Health admin ....Emergency Communication: Addressing the challenges in health care discourses and practices. Communication breakdowns have been identified as the major cause of
critical incidents in public hospitals in NSW (NSW Health, 2005a). A key applied benefit of knowledge generated by the project will be a
contribution to the reduction of critical incidents leading to patient
harm - an outcome applicable to Emergency Departments nationally. This project will benefit Australia's Hospital and Health administrations as they endeavour to find solutions to the impact of communication breakdowns and provide communications training of health care personnel. The research will deliver recommendations for system-wide improvements in communication competency.Read moreRead less