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Accounting
Kinds of Accounting Terms modified by Accounting Selected AbstractsGOVERNMENTAL ACCOUNTING IN NORWAY: A DISCUSSION WITH IMPLICATIONS FOR INTERNATIONAL DEVELOPMENTFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 2 2008Norvald Monsen Accrual accounting is now being introduced in governmental organizations internationally. Some scholars have, however, questioned this development, implying that other accounting theories, like cameral accounting, should also be considered for use in these organizations. Since Norway is a country, which has not introduced accrual accounting in the governmental sector, the purpose of this paper is to study the evolution of governmental accounting in this country. Based on the Norwegian experiences, the paper aims to present some conclusions for the further international development of governmental accounting. [source] ACCRUAL ACCOUNTING REFORMS: ONLY FOR BUSINESSLIKE (PARTS OF) GOVERNMENTSFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 1 2008Johan Christiaens Based on governmental accounting experiences and on the rising criticism of accrual accounting, this paper proposes that accrual accounting in governments will only succeed in businesslike (parts of) governments in the coming years. This proposition leans on the inappropriate transfer of the accrual accounting framework from the profit sector, the underestimation of difficulties considering accrual budgeting and the lack of attention to the political dimension. This paper points out that the advocates of accrual accounting have neglected some important considerations. [source] HISTORICAL DEVELOPMENT OF LOCAL GOVERNMENTAL ACCOUNTING IN NORWAYFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 4 2006Norvald Monsen First page of article [source] DIET OF HARBOR PORPOISES IN THE KATTEGAT AND SKAGERRAK SEAS: ACCOUNTING FOR INDIVIDUAL VARIATION AND SAMPLE SIZEMARINE MAMMAL SCIENCE, Issue 1 2003Patrik Börjesson Abstract Stomach contents of 112 bycaught harbor porpoises (Phocoena phocoena) collected between 1989 and 1996 in the Kattegat and Skagerrak seas were analyzed to describe diet composition and estimate prey size, to examine sample size requirements, and to compare juvenile and adult diets. Although porpoises preyed on a variety of species, only a few contributed substantially to the diet. Atlantic herring (Clupea harengus) was the dominating prey species for both juveniles and adults. Our results, in combination with those from previous studies, suggest that where herring is a dominant food source, porpoises prey primarily on size classes containing mature or maturing individuals. Further, we also show that Atlantic hagfish (Myxine glutinosa) may be an important food resource, at least for adult porpoises. Examination of sample size requirement showed that, depending on the taxonomic level used to describe the diet, a minimum of 35,71 stomachs are needed to be confident that all common prey species will be found. [source] PRODUCTIVITY ACCOUNTING BASED ON PRODUCTION PRICESMETROECONOMICA, Issue 2 2010Matteo Degasperi ABSTRACT In this paper we propose a method of productivity accounting based on production prices. By using input,output tables from four major OECD countries between 1970 and 2000, we compute the associated wage,profit frontiers and the net national products, and from these we derive two measures of productivity growth based on production prices and a chosen numéraire. Our findings support the general conclusions in the existing literature on the productivity slowdown and later rebound, and supply new important insights to the extent and timing of these events. [source] ACCOUNTING FOR TEMPERATURE IN PREDATOR FUNCTIONAL RESPONSESNATURAL RESOURCE MODELING, Issue 4 2007J. DAVID LOGAN ABSTRACT. A rational mechanism that integrates temperature-mediated activity cycles into standard predator functional responses is presented. Daily temperature variations strongly influence times that predators can search for prey, and they affect the activity periods of prey, thereby modifying their detection by predators. Thus, key parameters in the functional response, the search time and the detection, become temperature-dependent. These temperature mediated responses are included in discrete-time population growth models, and it is shown how environmental temperature variations, such as those that may occur under global climate change, can affect population levels. As an illustration, a logistic growth model with a stochastic, temperature-dependent predation term is examined, and the response to both average temperature levels and temperature variability is quantified. We infer, through simulations, that predation and prey abundance are strongly affected by mean temperature, temperature amplitudes, and increasing uncertainty in predicting temperature levels and variation, thus confirming many qualitative conclusions in the ecological literature. In particular, we show that increased temperature variability increases oscillations in the system and leads to increased probability of extinction of the prey. [source] GROWTH ACCOUNTING FOR SRI LANKA'S AGRICULTURE WITH SPECIAL REFERENCE TO FERTILIZER AND NONAGRICULTURAL PRICES: DO POLICY REFORMS AFFECT AGRICULTURAL DEVELOPMENT?THE DEVELOPING ECONOMIES, Issue 2 2007Mitoshi YAMAGUCHI O11; O13; O41; Q18 The agricultural sector of Sri Lanka reacted sharply to the highly contentious policy reforms called Structural Adjustment Programs. We used a four-sector general equilibrium model under a growth accounting approach to find out the effect of the policy (exogenous) variable on the target (endogenous) variable. Here, we considered only the most important variables, and the overall results indicate that policy changes are favorable to overall agricultural development, although their effect on the domestic food sector is negative. The most serious negative determinant under the policy changes relates to fertilizer, and our study indicates that fertilizer prices considerably affect agricultural production; it especially has a negative effect on domestic food production. Second, this paper analyzes the impact of nonagricultural price, finding that it positively helped the development of overall agriculture. Third, agricultural exports increased under the new policy reforms and made large contributions to agricultural production. [source] ACCOUNTING FOR NON-COMPLIANCE IN THE ANALYSIS OF RANDOMIZED RESPONSE DATAAUSTRALIAN & NEW ZEALAND JOURNAL OF STATISTICS, Issue 3 2009Ardo Van Den Hout Summary The randomized response model is a misclassification design that is used to protect the privacy of respondents with respect to sensitive questions. Conditional misclassification probabilities are specified by the researcher and are therefore considered to be known. It is to be expected that some of the respondents do not comply with respect to the misclassification design. These respondents induce extra perturbation, which is not accounted for in the standard randomized response model. An extension of the randomized response model is presented that takes into account assumptions with respect to non-compliance under simple random sampling. The extended model is investigated using Bayesian inference. The research is motivated by randomized response data concerning violations of regulations for social benefit. [source] ACCOUNTING FOR POPULATION AGEING IN TAX MICROSIMULATION MODELLING BY SURVEY REWEIGHTING,AUSTRALIAN ECONOMIC PAPERS, Issue 1 2006LIXIN CAI This paper investigates the use of sample reweighting, in a behavioural tax microsimulation model, to examine the implications for government taxes and expenditure of population ageing in Australia. First, a calibration approach to sample reweighting is described, producing new weights that achieve specified population totals for selected variables. Second, the performance of the Australian Bureau of Statistics' (ABS) weights provided with the 2000,2001 Survey of Income and Housing Cost (SIHC) was examined and it was found that reweighting does not improve the simulation outcomes for the 2001 situation, so the original ABS weights were retained for 2001. Third, the implications of changes in the age distribution of the population were examined, based on population projections to 2050. A ,pure' change in the age distribution was examined by keeping the aggregate population size fixed and changing only the relative frequencies in different age-gender groups. Finally, the effects of a policy change to benefit taper rates in Australia were compared for 2001 and 2050 population weights. It is suggested that this type of exercise provides an insight into the implications for government income tax revenue and social security expenditure of changes in the population, indicating likely pressures for policy changes. [source] The Psychological Attraction Approach to Accounting and Disclosure Policy,CONTEMPORARY ACCOUNTING RESEARCH, Issue 4 2009David Hirshleifer First page of article [source] Honesty in Accounting and Control: A Discussion of "The Effect of Information Systems on Honesty in Managerial Reporting: A Behavioral Perspective",CONTEMPORARY ACCOUNTING RESEARCH, Issue 4 2006Steven E. Salterio [source] Publishing in the Majors: A Comparison of Accounting, Finance, Management, and Marketing,CONTEMPORARY ACCOUNTING RESEARCH, Issue 1 2004EDWARD P. SWANSON Abstract Business schools evaluate publication records, especially for the promotion and tenure decision, by comparing the quality and quantity of a candidate's research with those of peers within the same discipline (intradisciplinary) and with those of academics from other business disciplines (interdisciplinary). A recently developed analytical model of the research review process provides theory about the norms used by editors and referees in deciding whether to publish research papers. The model predicts that interdisciplinary differences exist in quality norms, which could result in disparity among business disciplines in the number of top-tier articles published. I examine the period from 1980 to 1999 and, consistent with the theory, find that significant differences exist in the number of articles and proportion of doctoral faculty who published in the "major" journals in accounting, finance, management, and marketing. Most notably, the proportion of doctoral faculty publishing a major article is 1.4 to 2.4 times greater in the other business disciplines than in accounting (depending on the set of journals). The theory also predicts an upward drift over time in the quality norms used by referees. Consistent with a drift, the number of articles published has declined substantially in marketing and, to a lesser extent, in the other business disciplines. [source] Corporate Investment Incentives and Accounting-Based Debt Covenants,CONTEMPORARY ACCOUNTING RESEARCH, Issue 4 2003Alan V. S. Douglas Abstract This paper studies the conditions under which accounting-based debt covenants increase firm value in a setting that incorporates the conflicting incentives of shareholders, bondholders, and managers. We construct a model in which debt is needed to discipline managerial investment decisions despite endogenous compensation contracts. We show that accounting covenants increase value when (1) debt serves as a credible commitment to penalize poor investment decisions; (2) the firm faces other (exogenous) sources of uncertainty that can make debt risky despite good investment decisions; and (3) accounting information serves as a contractible proxy for firm's economic performance. In these circumstances, accounting covenants ensure that shareholders do not offer compensation schemes that would encourage bondholder wealth expropriation when the debt becomes risky. A covenant specifying a required level of accounting performance provides additional bondholder power when performance is low. An accounting-based dividend covenant allows a disbursement to maintain investment incentives when performance is high without allowing dividend-based expropriation. The optimal covenants depend on the reliability of accounting information, and the interaction between accounting performance and the different incentive conflicts provides new insight into the empirical literature on accounting-based covenants. [source] Competition and Cost Accounting: Adapting to Changing Markets,CONTEMPORARY ACCOUNTING RESEARCH, Issue 2 2002Ranjani Krishnan Abstract The relation of competition and cost accounting has been the subject of conflicting prescriptions, theories, and empirical evidence. Practitioner literature and textbooks argue that higher competition generally requires more accurate product costing. Theoretical economic analysis, in contrast, predicts that the optimal level of product-costing accuracy is sometimes higher at lower levels of competition. Results of survey research are inconsistent, suggesting a need for further identification of conditions under which higher competition leads to more accurate product costing. This study shows experimentally that individuals' choices of the level of product-costing accuracy depend not only on the current level of competition but also on the previous level of competition , that is, on an interaction between market structure (monopoly, duopoly, and four-firm competition) and market history (increasing versus decreasing competition). In the experiment, subjects decide on the quantity of data to collect at a pre-set price per datum to support more accurate product-cost estimates. Subjects collect the most cost data (i.e., choose the most accurate product costing) in monopoly, collect the least in duopoly, and an intermediate amount in the four-firm market, consistent with the pattern of optimal cost-data collection in Hansen's 1998 model. The process of convergence to the optimum differs significantly across market types and market histories, however. Subjects who begin in four-firm competition adapt more successfully to change than those who begin in monopoly. The lowest levels of decision performance occur when ex-monopolists face their first competitor: they overreact to this first encounter with competition and overspend on cost data. [source] A Framework for Determining the Influence of the Corporate Board of Directors in Accounting StudiesCORPORATE GOVERNANCE, Issue 1 2001Karen Cravens Accounting, auditing, and tax professionals constantly evaluate the integrity, competence, and financial performance of clients as factors in practice that influence both client acceptance decisions and the manner in which professional services are rendered. Yet, from an accounting perspective, previous research investigating the corporate board of directors as a governance mechanism has focused only on the representational role of board members. Moreover, many of these studies resulted in conflicting findings according to these attributes. Other disciplines address the particular influence of the board with respect to overall corporate performance, but arrive at little agreement on either the effect of or the most critical of board attributes. This literature review synthesizes the existing research to provide a framework in which to evaluate the effect of the board of directors in accounting settings and, in particular, when conducting future research that employs elements of corporate governance as dependent or independent variables in accounting studies. [source] Accounting for suburban tree information systemsCORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, Issue 5 2006Alistair M. Brown Abstract Suburban trees are things of wonder and of utility, yet accounting has systematically failed to account for them despite the availability of information technologies that could assist in trees' measurement. Taking a utilitarian view of the value of trees, this paper posits a way of accounting for suburban tree information systems, which not only follows the traditional accounting practices of the Australian Standards Setting Board, but also encompasses the idea of sharing ideas from the disciplines of the environmental sciences and computerized informational systems. By using information technologies, local councils and business entities may be able to account for suburban trees as non-current assets, and thereby improve the lot of conscripted investors who seek information for decision-making and accountability. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. [source] Accounting for uncertainty in DEMs from repeat topographic surveys: improved sediment budgetsEARTH SURFACE PROCESSES AND LANDFORMS, Issue 2 2010Joseph M. Wheaton Abstract Repeat topographic surveys are increasingly becoming more affordable, and possible at higher spatial resolutions and over greater spatial extents. Digital elevation models (DEMs) built from such surveys can be used to produce DEM of Difference (DoD) maps and estimate the net change in storage terms for morphological sediment budgets. While these products are extremely useful for monitoring and geomorphic interpretation, data and model uncertainties render them prone to misinterpretation. Two new methods are presented, which allow for more robust and spatially variable estimation of DEM uncertainties and propagate these forward to evaluate the consequences for estimates of geomorphic change. The first relies on a fuzzy inference system to estimate the spatial variability of elevation uncertainty in individual DEMs while the second approach modifies this estimate on the basis of the spatial coherence of erosion and deposition units. Both techniques allow for probabilistic representation of uncertainty on a cell-by-cell basis and thresholding of the sediment budget at a user-specified confidence interval. The application of these new techniques is illustrated with 5 years of high resolution survey data from a 1,km long braided reach of the River Feshie in the Highlands of Scotland. The reach was found to be consistently degradational, with between 570 and 1970,m3 of net erosion per annum, despite the fact that spatially, deposition covered more surface area than erosion. In the two wetter periods with extensive braid-plain inundation, the uncertainty analysis thresholded at a 95% confidence interval resulted in a larger percentage (57% for 2004,2005 and 59% for 2006,2007) of volumetric change being excluded from the budget than the drier years (24% for 2003,2004 and 31% for 2005,2006). For these data, the new uncertainty analysis is generally more conservative volumetrically than a standard spatially-uniform minimum level of detection analysis, but also produces more plausible and physically meaningful results. The tools are packaged in a wizard-driven Matlab software application available for download with this paper, and can be calibrated and extended for application to any topographic point cloud (x,y,z). Copyright © 2009 John Wiley & Sons, Ltd. [source] If you try to stop smoking, should we pay for it?ADDICTION, Issue 6 2010The cost, utility of reimbursing smoking cessation support in the Netherlands ABSTRACT Background Smoking cessation can be encouraged by reimbursing the costs of smoking cessation support (SCS). The short-term efficiency of reimbursement has been evaluated previously. However, a thorough estimate of the long-term cost,utility is lacking. Objectives To evaluate long-term effects of reimbursement of SCS. Methods Results from a randomized controlled trial were extrapolated to long-term outcomes in terms of health care costs and (quality adjusted) life years (QALY) gained, using the Chronic Disease Model. Our first scenario was no reimbursement. In a second scenario, the short-term cessation rates from the trial were extrapolated directly. Sensitivity analyses were based on the trial's confidence intervals. In the third scenario the additional use of SCS as found in the trial was combined with cessation rates from international meta-analyses. Results Intervention costs per QALY gained compared to the reference scenario were approximately ,1200 extrapolating the trial effects directly, and ,4200 when combining the trial's use of SCS with the cessation rates from the literature. Taking all health care effects into account, even costs in life years gained, resulted in an estimated incremental cost,utility of ,4500 and ,7400, respectively. In both scenarios costs per QALY remained below ,16 000 in sensitivity analyses using a life-time horizon. Conclusions Extrapolating the higher use of SCS due to reimbursement led to more successful quitters and a gain in life years and QALYs. Accounting for overheads, administration costs and the costs of SCS, these health gains could be obtained at relatively low cost, even when including costs in life years gained. Hence, reimbursement of SCS seems to be cost-effective from a health care perspective. [source] Accounting for uncertainty in marine reserve designECOLOGY LETTERS, Issue 1 2006Benjamin S. Halpern Abstract Ecosystems and the species and communities within them are highly complex systems that defy predictions with any degree of certainty. Managing and conserving these systems in the face of uncertainty remains a daunting challenge, particularly with respect to developing networks of marine reserves. Here we review several modelling frameworks that explicitly acknowledge and incorporate uncertainty, and then use these methods to evaluate reserve spacing rules given increasing levels of uncertainty about larval dispersal distances. Our approach finds similar spacing rules as have been proposed elsewhere , roughly 20,200 km , but highlights several advantages provided by uncertainty modelling over more traditional approaches to developing these estimates. In particular, we argue that uncertainty modelling can allow for (1) an evaluation of the risk associated with any decision based on the assumed uncertainty; (2) a method for quantifying the costs and benefits of reducing uncertainty; and (3) a useful tool for communicating to stakeholders the challenges in managing highly uncertain systems. We also argue that incorporating rather than avoiding uncertainty will increase the chances of successfully achieving conservation and management goals. [source] Changes in the Distribution of Male and Female Wages Accounting for Employment Composition Using BoundsECONOMETRICA, Issue 2 2007Richard Blundell This paper examines changes in the distribution of wages using bounds to allow for the impact of nonrandom selection into work. We show that worst case bounds can be informative. However, because employment rates in the United Kingdom are often low, they are not informative about changes in educational or gender wage differentials. Thus we explore ways to tighten these bounds using restrictions motivated from economic theory. With these assumptions, we find convincing evidence of an increase in inequality within education groups, changes in educational differentials, and increases in the relative wages of women. [source] Leadership, Accounting, and the Reform Process of a Public Sector Agency: A Narrative AnalysisFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 2 2006Monir Zaman Mir First page of article [source] Accrual Accounting in the Public Sector: Experiences From the Central Government in SwedenFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 1 2006Gert Paulsson First page of article [source] Reinventing Public Sector AccountingFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 3 2005Åge Johnsen First page of article [source] Accounting and NPM in UK Local Government , Contributions Towards Governance and AccountabilityFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 2 2005Andrew Goddard Despite its size and economic importance, accounting in UK local government is still relatively under-researched. Two important developments which have emerged in recent years across the whole public sector are governance and New Public Management. It is timely to study the contribution which local government accounting makes in this changing context. Governance has proved a particularly contentious concept to define. This study has attempted to understand governance from the participants' perspective and consequently a grounded theory methodology has been used. The empirical research comprised four UK local authority case studies over a twelve month period. The grounded theory developed makes two important contributions to our knowledge of accounting and NPM in relation to governance and accountability in local government. These are the relative importance of accountability rather than governance per se to participants, and the more significant contribution to accountability made by budgeting practices rather than NPM practices such as performance indicators, contracting out of services and Best Value studies. The reasons for these findings are explored and theorised in the paper, using Bourdieu's concept of habitus. [source] Conflict and Rationality: Accounting in Northern Ireland's Devolved AssemblyFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 1 2005Mahmoud Ezzamel The purpose of this study is to explore the implications of the rationality of accounting thought and practice as a mediating mechanism in the highly-charged, conflict-ridden situation in Northern Ireland (NI). The paper draws on a variety of data sources, including a series of interviews with key actors. There are some indications of accounting information being used to inform discussion and debate at the new Assembly. However, a number of politicians, from a spectrum of political traditions, do not relate to this new language, and the instability of the process (evidenced by frequent suspensions) discourages learning and engagement. Overall, this suggests that, without greater continuity, there is a limitation on the ability of accounting practices to mediate tensions. [source] The Case for Cameral AccountingFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 1 2002Norvald Monsen Cameral accounting was developed as early as the 16th century onwards in order to contribute to increased control of public money. Such a control demand does not seem to be of minor importance at the threshold of a new millennium as it was several centuries ago, and therefore Ludwig Mülhaupt in the excerpt above states that ,Unfortunately there are very few researchers and practitioners who are interested in developing the cameral bookkeeping method, which is strongly to be regretted with a view to the importance of these questions.' Most of the literature dealing with cameral accounting is published in German, and it seems to be known only to a small extent beyond the German speaking countries. The purpose of this article is therefore to present this historically important accounting model to a larger audience, allowing us to draw upon the experiences of cameral accounting in our continuous attempts to control public money, including the current international debate about the introduction of commercial (accrual) accounting in the public sector. [source] Accounting, Modernity and Health Care PolicyFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 4 2001Irvine Lapsley The National Health Service of the United Kingdom has been the subject of many reforms since it was established in 1948. This paper examines the process of reform in relation to significant changes to the NHS in recent decades. This reform process places ideas of the modern at the heart of these various initiatives. This paper also examines the intended or actual role of accounting in this modernisation process to examine its significance in the making of health care policy. [source] The Impact of New Zealand's Public Sector Accounting Reforms on Performance Control in MuseumsFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 1 2001George D. Thompson Accounting by most New Zealand museums was subject to public sector reforms requiring private sector -style financial reporting, and service performance reporting. This study into the impact of the reforms on how museum managements pursue successful performance found museums adopting a more accounting-oriented approach to planning and evaluation. Service performance reporting has facilitated the periodic evaluation of non-financial targets by managements, but as currently constituted the reporting model is flawed, particularly in its implications for essential long-term resource capacity of museums. This threatens its effectiveness for promoting good performance. Non-accounting based professional practices also have a role in museum success. [source] Accounting for Infrastructure Service Delivery by Government: Generational IssuesFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 3 2000Michael McCrae Infrastructure service provision by government creates huge distributional issues about service availability and performance over time and the relative funding burdens borne by successive generations of consumers across time. But providing financial disclosure on these issues through inter-generational accounting pre-supposes that accounting measurement is both generationally neutral (temporal neutrality) and does not legitimate any particular pattern of distribution. At the very least, accounting measurements of service provision costs should possess the attribute of distributional fairness. They should not bias the inter-generational allocation of cost or funding burdens. We argue that the forced application of inappropriate commercial accounting concepts of asset valuation, depreciation and capital maintenance does produce significant generational bias. More flexibility is required to produce the necessary accounting measurement attributes for financial disclosure on whether government has discharged its continuing accountability for inter-generational equity in burden sharing. We discuss three conceptual issues and illustrate the need for flexibility by proposing an alternative ,flow of obligations' approach which does not require reference to valuations of community service resources or arbitrary cost allocations under depreciation. [source] Governmental Accounting in Spain and the European Monetary Union: A Critical PerspectiveFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 2 2000Vicente Montesinos During the last twenty-five years, the changes in Spanish accounting have been radical and significant, especially since 1986 when Spain joined the European Union. Those changes were first introduced in business accounting, following the patterns of the Fourth Directive, but governmental accounting has also been affected by structural reforms that have modified the financial reporting system, the accounting standards and the accounting principles to be applied. However, the governmental accounting system needs further improvement, particularly given the EMU framework and the relationship between governmental accounting and national accounting. [source] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||