摘要:

AbstractThe aim of this paper is to investigate the reaction to recent pronouncements on inflation accounting by two government regulatory authorities who have been major users of accounting data — the Monopolies and Mergers Commission in the United Kingdom and the Prices Justification Tribunal in Australia. The evidence indicates that:1the Monopolies Commission reacted quickly to accounting pronouncements and either allowed or requested companies to present accounting data based on current values; and2the PJT reacted to the CCA (and other) proposals by stating continually that it would “take into account” the effect of inflation on company returns, but was in a quandary on how to allow for the extremely low and sometimes negative CCA rates of return. The paper concludes by examining some of the reasons why the CCA proposals are not suitable for calculating accounting rates of return for prices justification pur

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00209.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

AbstractIn this paper, a multi‐period version of the CAPM is used to establish conditions for an optimal capital structure in the presence of a tax on corporate earnings, and bankruptcy costs. It is shown that the optimal point is reached when the marginal tax advantage arising from an increase in debt, is equal to the marginal increase in expected bankruptcy penaltie

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00210.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

AbstractAs the most important asset of a firm is its employees, it is useful to know the characteristics associated with successful job performance. This paper reports the result of an investigation which sought to examine the relationship between employee performance in professional accounting firms and a broad group of employee characteristics.

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00211.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

AbstractThis paper seeks to establish a perspective on the cost structure of the range of financial intermediaries which comprise the permanent building society industry in Australia. Its prime objective is to examine the inter‐relationship between operating expenses and size (measured by total assets) and the scope that may potentially exist for significant scale economie

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00212.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

AbstractThe conventional wisdom in Australasia ascribes a quasi‐judicial role to the auditor. This paper shows that such a notion does not provide a complete or accurate description of the character of the auditor's office, and his role and function in society.It argues that the significance of the quasi‐judicial notion is to highlight the importance of the attribute of independe

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00213.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00214.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

The first year intake of accounting students at Auckland University and the three technical institutes that serve the Auckland region were surveyed to find out: what characteristics differentiate university and technical institute students; their reasons for choosing to major in accounting; their perceptions of their own course and institution vis‐á‐vis the alternative course and institution; and the relative importance of family, friends and school personnel as influences on their choice of tertiary education. In general, university accounting students are significantly older (due mainly to the fact that university students tend to remain longer at secondary school), are better qualified academically and come from families higher on the socioeconomic scale. It was also found that university students perceive their course to have higher status, while stated reasons given by technical institute students revolve around the practicability and vocational orientation of the course. Parents, particularly father, and friends exert far more influence on educational and vocational decision‐making than any other source, including school per

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00215.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

This paper describes a technique developed by the authors which will complement the tools available to auditors of minicomputer based accounting systems. The technique uses a sparse matrix drawn up by the auditor that aids the detection of illogical data composition and thereby ensures that an enterprise's transactions are recorded according to generally accepted accounting principles, government regulations and management's authorities. In addition to this combination test, a volume and frequency test are also performed. From an education viewpoint, the techniques described are simple enough to be understood, modified, and executed by educators and students with limited programming experience, and could therefore also be a worthwhile addition to present day auditing courses.

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00216.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00217.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY

摘要:

This note provides an account of the introduction of a modified version of the Keller Plan in an advanced financial accounting course. The experiment involved (1) issuing detailed study guides which included a specification of behavioural outcomes; (2) abandoning large group lectures in favour of small group discussions and (3) measuring achievement by multiple choice testing. Although the degree of individualised learning was limited, most students felt that the changes made ‐ especially the introduction of discussion groups ‐ were of some improvement in their learning and developm

ISSN:0810-5391    

DOI:10.1111/j.1467-629X.1980.tb00218.x

出版商:Blackwell Publishing Ltd    

年代:1980

数据来源: WILEY