Global financial crisis: The challenge to accounting research, accounting practices ... Financial accounting theory, thi
Financial accounting // 679 pages // 1981 // Business Publications, 1981 // Roger H. Hermanson, James Don Edwards, Ray H. Garrison Global financial crisis: The challenge to accounting research, accounting practices are deeply implicated in the current financial crisis and in proposals for recapitalizing financial institutions and restoring stability to the global financial system. This essay discusses the methodological and theoretical gaps in accounting research that. Distributions of financial accounting ratios: some empirical evidence, bACKGROUND The usefulness of studies that classify firms on the basis of accounting ratios can be enhanced considerably if the classifica-tion model can be used to make probability estimates about group membership for a particular firm. Such probability assess. The theoretical relationship between systematic risk and financial (accounting) variables, cONSIDERABLE EMPIRICAL RESEARCH HAS been directed to the relationship between financial and accounting variables and market based measures of risk. 1 The results of this research indicate that some financial (accounting) variables are highly correlated with. Financial accounting: in communicating reality, we construct reality, the waterproof is aperiodic. Green accounting: an alternative approach to reporting emission trading allowances in financial statements, this paper aims to contribute to the discussion regarding accounting for emission trading schemes, introduced on a global scale as a result of the Kyoto Protocol of 1997, which sets binding greenhouse gases emissions targets for 37 industrialized countries. The relevance of the value-relevance literature for financial accounting standard setting, in this paper we critically evaluate the standard-setting inferences that can be drawn from value relevance research studies that are motivated by standard setting. Our evaluation concentrates on the theories of accounting, standard setting and valuation that underlie. Transparency, financial accounting information, and corporate governance, audited financial statements along with supporting disclosures form the foundation of the firm-specific information set available to investors and regulators. In this paper, the authors discuss economics-based research focused on the properties of accounting systems. Financial accounting knowledge, conceptual framework projects and the social construction of the accounting profession, according to most authors, a body of (formal) knowledge is the crucial trait of professions. It is the presumed existence of this knowledge which legitimises claims to expertise, professional powers, autonomy and control over work. The body of knowledge around which. The sociopolitical paradigm in financial accounting research, the efficacy of the processes by which social reality is created and reproduced is largely attributable to the fact that these processes are screened from scrutiny by taken-for-granted assumptions which are embedded in language, thought and social practices such. Financial accounting theory, written in a friendly style with clear explanations, Financial Accounting Theory provides a thorough presentation of financial accounting theories. This new edition continues to include coverage of accounting standards oriented to IASB standards as well as major. Financial accounting and corporate governance: a discussion, bushman and Smith (2001, this issue) provide a useful review of research on the role of accounting in management compensation contracts and an appealing future research agenda that builds on recent research using a cross-country approach. This paper rounds. Auditors' incentives and their application of financial accounting standards, we report on an experiment in which experienced auditors (1) determine whether to allow a client to adopt an aggressive reporting method when the auditors have an incentive to do so, and (2), justify aggressive reporting by their interpretations of financial accounting standards. Search in, the Statement of Financial Accounting Standards (SFAS) No. 107 requires firms to disclose fair value estimates of financial instruments. The authors examine bank stocks for 1992 and 1993 and find that SFAS. The Statement of Financial Accounting Standards (SFAS. Experimental research in financial accounting, this paper uses recent experimental studies of financial accounting to illustrate our view of how such experiments can be conducted successfully. Rather than provide an exhaustive review of the literature, we focus on how particular examples illustrate successful. The relevance of the value relevance literature for financial accounting standard setting: another view, this paper explains that value relevance research assesses how well accounting amounts reflect information used by equity investors, and provides insights into questions of interest to standard setters. A primary focus of financial statements is equity investment. Other uses. Financial accounting information and corporate governance, this paper reviews and proposes additional research concerning the role of publicly reported financial accounting information in the governance processes of corporations. We first discuss research on the use of financial accounting in managerial incentive plans. Financial accounting theory, this course examines various conceptual and theoretical approaches to accounting, including the implications of economics and finance on financial reporting. Focusing on current and/or controversial issues as well as contemporary cases, students examine. Financial accounting information, organizational complexity and corporate governance systems, we posit that limited transparency of firms' operations to outside investors increases demands on governance systems to alleviate moral hazard problems. We investigate how ownership concentration, directors' and executive's incentives, and board structure vary. Some determinants of student performance in the first college-level financial accounting course, this study develops a model to explain student examination performance in the first college-level financial accounting course. A multiple regression analysis explains 54 percent of the variance in examination performance and indices of aptitude and effort account. The use of financial accounting choice to support aggressive tax positions: Public and private firms, this paper describes one reason tax considerations might affect a firm's financial accounting choices. If the appropriate financial accounting and tax treatments are ambiguous and the firm has chosen an aggressive tax treatment, we propose that management may choose. by RD Hines
