An alternative model in financial reporting to reduce flaws and injustice with stakeholders
المؤلفون المشاركون
Gul, Sajid
Us Sahar, Najm
Ahmad, Irfan
Akhtar, Muhammad
المصدر
Journal of Islamic Business and Management
العدد
المجلد 9، العدد 1 (30 يونيو/حزيران 2019)، ص ص. 128-147، 20ص.
الناشر
Riphah International University Riphah Centre of Islamic Business
تاريخ النشر
2019-06-30
دولة النشر
باكستان
عدد الصفحات
20
التخصصات الرئيسية
الملخص EN
Seemingly, a formidable ethical challenge to financial reporting is the phenomenon of fallacious and discretional financial reporting as currently in practice.
Such untruthful reporting intensified during the first decade of the 21st century when many of the personnel got involved to increase their personal benefits and the result was a wide-spread financial fiasco in the form of MCI WorldCom, Enron, Well Fargo, and Tesco accounting scandal, to mention a few.
Most of the scandals were cause by false reporting, withholding information about financial troubles, revenue and earnings inflation, discretional revenue and expense recognition, use of off-balance-sheet items, artificial increase of cash flow and profits, backdating of sales contracts and accounting for vendors allowances and financing.
The research in hand is an attempt to discuss such issues in the light of ethical and moral values that are not only recommended teachings of Islam, but also accepted business ethics in the civilized world.
Islamic ethical guidelines for business encompass discipline and rules as enjoined in the divine sources of Shar¯ı‘ah - Qur’¯an and Sunnah (sayings of or the approved actions by the holy Prophet Muhammad PBUH).
Implementation of these guidelines to make financial reporting ethical should be acceptable to the entire world, at personal, organizational, and society levels for broad based benefits of the mankind.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Akhtar, Muhammad& Ahmad, Irfan& Gul, Sajid& Us Sahar, Najm. 2019. An alternative model in financial reporting to reduce flaws and injustice with stakeholders. Journal of Islamic Business and Management،Vol. 9, no. 1, pp.128-147.
https://search.emarefa.net/detail/BIM-920542
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Ahmad, Irfan…[et al.]. An alternative model in financial reporting to reduce flaws and injustice with stakeholders. Journal of Islamic Business and Management Vol. 9, no. 1 (2019), pp.128-147.
https://search.emarefa.net/detail/BIM-920542
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Akhtar, Muhammad& Ahmad, Irfan& Gul, Sajid& Us Sahar, Najm. An alternative model in financial reporting to reduce flaws and injustice with stakeholders. Journal of Islamic Business and Management. 2019. Vol. 9, no. 1, pp.128-147.
https://search.emarefa.net/detail/BIM-920542
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references : p. 140--147
رقم السجل
BIM-920542
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر