摘要:

The task of accounting is to provide reliable knowledge. The standard textbooks and curricula give no analytical attention to what this means. They perpetuate processes that had their origins in the desire to conceal rather than to disclose. Recurrent criticism of the products of practice may only be averted if the educational establishment gives greater attention to the nature of money and prices, the conditions of valid measurement, the logic of choice, the regulation of complex processes, and the consequences of misdirected thought and misleading practices.

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00143.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

This paper offers an alternative theoretical structure to the neoclassical valuation model that has been the cornerstone of theories of finance for a quarter of a century. It begins by outlining the neoclassical model in simple but surprisingly robust terms. More recent extensions and refinements are then discussed. The alternative model, which does not rely on modern financial economic theory but which is consistent with real world empirical behaviour, is developed next. Finally, a new research agenda for finance is proposed.

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00144.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

This paper traces the forerunners of the present‐day ethical rulings of the Institute of Chartered Accountants in Australia and the Australian Society of Accountants from the earlies professional Australian accounting bodies of the 1880s and 1890s. Various codes of ethics, articles, and memoranda of association, by‐laws, charters, and professional publications are reviewed. Key Australian ethical issues are identified and their orientation over time considered. There is an early orientation towards overseas viewpoints and the issue of advertising is identified as a key impetus for ethical code development. The profession's self‐interest is identified as an underlying rationale. This is presented as an historical case study of the development of accounting ethics with a view to identifying factors influencing change over

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00145.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

Current cost accounting (CCA) recommendations have led to complex measurement problems. This paper aims to provoke discussion of the use of numerical analysis and the STAPOL technique as a method for measuring current cost depreciation expense. The measurement method analysed has a scientific foundation, is simple to apply, and yields accurate results. With slight modification, the method analysed is also applicable to other areas of CCA characterized by intractable measurement problems. Unlike other papers which have used differential calculus to analyse the use of numerical analysis in accounting, the exposition in this paper depends on only a rudimentary knowledge of algebra.

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00146.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

International aspects of financial reporting have begun to receive an increasing amount of attention by a range of organizations. There is a need then, to appraise critically the performance and the underlying rationale of those agencies responsible for influencing international practices. Identification and appraisal of the rationale underlying the existence of those agencies is a necessary step in determining their potential for achieving the objectives which they have been set. This paper examines the rationale behind one of these agencies, the International Accounting Standards Committee (IASC, 1977). Unlike many others, the paper does not attempt to explain why weshouldhave an organization such as the IASC and the standards it produces. Rather, it represents an attempt to explain why wedohave an organization such as the IASC. To that end, an alternative rationale is suggested for the output of the IASC, based on theories of professional selfinterest, agency, and property rights. It is argued that that rationale is likely to have significantly greater explanatory power in respect of the present output produced by the IASC than those traditionally presented.

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00147.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

This laboratory experiment investigates the perceptions which lending officers in Singapore have of risk and the additional information required when a client's financial reports receive a ‘subject to’ audit qualification. Using thirtyone bank lending officers in Singapore as subjects and a repeatedmeasurements ANOVA design, the conclusions of this study are that lending officers’ perceptions of risk and their demand for additional information required both increase as a result of a ‘subject to’ audit qual

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00148.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

The claims made by Lall Nigam that the Bahi‐khata was a double‐entry system of accounting that predated Pacioli are challenged. Evidence purporting to support Nigam's claims is dismissed as hear

ISSN:0001-3072    

DOI:10.1111/j.1467-6281.1987.tb00149.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY