Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements

 

Show simple item record

dc.contributor.advisor Gstraunthaler, Thomas en_ZA
dc.contributor.author Mazaba, Mwendamo Isaac en_ZA
dc.date.accessioned 2015-01-06T12:13:08Z
dc.date.available 2015-01-06T12:13:08Z
dc.date.issued 2010 en_ZA
dc.identifier.citation Mazaba, M. 2010. Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements. University of Cape Town. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/11577
dc.description Includes abstract. en_ZA
dc.description Includes bibliographical references (leaves 45-46). en_ZA
dc.description.abstract Auditors are responsible for assessing management’s use of the going concern assumption in the financial statements. According to research done in other countries, the Z-Score is a statistical tool that has been proven to aid auditors' going concern decisions. The objective of this paper is to ascertain whether Altman’s Z-Score can aid South African auditors to more accurately assess the appropriateness of management’s use of the going concern assumption in the preparation of financial statements, by applying two corporate failure prediction models developed by Altman to South Africa listed companies. The study compares the predictive accuracy of the two models against each other and against auditors’ actual going concern decisions. The results indicate that the Z-Score is quite accurate in predicting failure for companies that eventually fail. en_ZA
dc.language.iso eng en_ZA
dc.subject.other Financial Management en_ZA
dc.title Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements en_ZA
dc.type Thesis / Dissertation en_ZA
uct.type.publication Research en_ZA
uct.type.resource Thesis en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department Department of Finance and Tax en_ZA
dc.type.qualificationlevel Masters en_ZA
dc.type.qualificationname MCom en_ZA
uct.type.filetype Text
uct.type.filetype Image


Files in this item

This item appears in the following Collection(s)

Show simple item record