Abstracts

Business

Search abstracts:

The economics of Accounting for Growth

Article Abstract:

Creative accounting in the UK is investigated from a costly contracting perspective, based on survey data from Accounting for Growth, by Terry Smith. Smith's data represent an identification of important creative accounting policies from a practitioner's view of the major techniques of the time. Agency theory variables were used to predict individual accounting policies in Terry Smith's analysis, and size, gearing and the presence of an industry regulator, were found to be good predictors of accounting policy choice.s

Criticism and interpretation

---

An empirical analysis of Thomas's financial accounting allocation fallacy theory in a financial distress context

Article Abstract:

Thomas recommended net-quick-assets funds as a measure of income showing how timing affects liabilities and assets of companies. Research backs his views, and financial distress can be predicted using his methods more easily than using net income variables. Income measures including depreciation, deferred tax allocation and amortisation may not be accurate. Changes in inventory are also clues to financial distress a year later, and this was not foreseen by Thomas.

---

The estimation of monetary gains and losses in diverse international economic environments

Article Abstract:

Monetary losses and gains occur when assets are held during a time of price changes. The International Accounting Standards Committee (ASC) recommends that such gains and losses be reported. Short cuts for carrying out such estimates have the sanction of standards bodies in both the US and the UK. Research shows that these short cut methods may not give accurate results compared to more sophisticated ways of calculating monetary gains and losses.

Similar abstracts:

• Abstracts: Finance research productivity and influence. An analysis of finance journal impact factors. CEO Contracting and Antitakeover Amendments
• Abstracts: The high Pep costs of saving tax. Investors the victims of changing charges. Shifting fee structures
• Abstracts: Counting on growth. Abacus counts on demand for IT staff. Keeping up the head count
• Abstracts: Blockbuster drugs fuel growth. Forestry's fortunes falling fast. Exporters face up to difficulties
• Abstracts: The weakness of relative strength. The warning bells of history are ringing

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.