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Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements
Includes abstract.
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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Department of Finance and Tax
2015
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| _version_ | 1867613157775638528 |
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| access_status_str | Open Access |
| author | Mazaba, Mwendamo Isaac |
| author2 | Gstraunthaler, Thomas |
| author_browse | Gstraunthaler, Thomas Mazaba, Mwendamo Isaac |
| author_facet | Gstraunthaler, Thomas Mazaba, Mwendamo Isaac |
| author_sort | Mazaba, Mwendamo Isaac |
| collection | Thesis |
| description | Includes abstract. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/11577 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:31:41.113Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Department of Finance and Tax |
| publisherStr | Department of Finance and Tax |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/11577 Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements Mazaba, Mwendamo Isaac Gstraunthaler, Thomas Financial Management Includes abstract. Includes bibliographical references (leaves 45-46). 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. 2015-01-06T12:13:08Z 2015-01-06T12:13:08Z 2010 Master Thesis Masters MCom http://hdl.handle.net/11427/11577 eng application/pdf Department of Finance and Tax Faculty of Commerce University of Cape Town |
| spellingShingle | Financial Management Mazaba, Mwendamo Isaac Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements |
| thesis_degree_str | Master's |
| title | Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements |
| title_full | Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements |
| title_fullStr | Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements |
| title_full_unstemmed | Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements |
| title_short | Using Altman's Z-Score to assess the appropiateness of management's use of the going assumption in the preparation of financial statements |
| title_sort | using altman s z score to assess the appropiateness of management s use of the going assumption in the preparation of financial statements |
| topic | Financial Management |
| url | http://hdl.handle.net/11427/11577 |
| work_keys_str_mv | AT mazabamwendamoisaac usingaltmanszscoretoassesstheappropiatenessofmanagementsuseofthegoingassumptioninthepreparationoffinancialstatements |