This research publication has two major aims. First, to provide a forum for researchers concerned with critically appraising and significantly transforming conventional accounting theory, practice, teaching and research. Second, to increase the social self-awareness of accounting practitioners, educators, and researchers, encouraging them to assume a greater responsibility for the profession's social role. With chapters on topics as wide as gender, ethnicity and demographic factors influencing promotions to managers for auditors, and auditors' compliance with employment eligibility verification, this collection features papers by leading academics from both sides of the Atlantic and beyond.

Written during the early 1920s, at a time when Europe was still recovering from the catastrophe of the First World War, L.V. Birck's The Scourge of Europe examines the economic issues surrounding the existence of public debt, its history, and possible approaches to problems associated with public debt as they were being pursued by the great powers of the time. Birck's analysis contains a rigorous theoretical exposition and explanation of public debt as it was understood in the crucial period leading up to the Great Depression. This is then followed by an insightful exploration of the role of public debt in European financial and economic history. Finally, some reflections on the policies of England, the United States, France and Germany in the latter part of the nineteenth and early-twentieth centuries are included. This book will appeal to economic and financial historians, as well as to those generally interested in European policies towards debt from the Middle Ages to modern times.

Here are the secrets to opening up your Mental Chemistry and finding The Master Keys to success. Long before Michael Losier and James Arthur Ray reminded the world just how affective the power of positive thinking could be Charles F. Haanel created a system that guides you step by step, lesson by lesson to a better, healthier, happier and more successful you through the power of positive thinking. Laws of Attraction, The Science of Success, and the Power of Positive Thinking all owe a great debt to Mental Chemistry and The Master Key System; and now you can have both books in one volume. This book will not only outline how important positive thinking is it will guide you through practical lessons that will make it easy for you to change your entire way of thinking. Success is right around the corner, this book holds the key.

This is the seventh volume in a series which examines advances in the quantitative analysis of finance and accounting.

This book provides a comprehensive presentation of auditing theory and practice. It simplifies audit concepts often considered abstract or vague to many. Written in a clear, concise, and understandable manner, the book covers the often uncovered and daring area of forensic auditing and analyses the approach thereof. Additionally, it covers the use of blockchain in audit through several illustrations and examples, and would be of interest to students, academics, and even junior auditors.

The ECOMAC project (Eco-management Accounting as a Tool of Environmental Man agement) has provided a framework for linking environmental management with man agement accounting. It was funded in Theme 4, 'Human Dimensions of Environmental Change' in the EU Environment and Climate Research Programme. The project is of high policy relevance by contributing to the on-going debate on eco management accounting, reporting and indicators. It is also an area needing further re search. I would like to thank the research team, companies that participated as associated con tractors, and the advisory panel. Jonathan Parker DG XII/D-5, European Commission Theme on Human Dimensions of Environmental Change 7 Preface The ECOMAC project This document is the final report on the project 'Eco-management accounting as a tool of environmental managemenf (ECOMAC). This research project was conducted under the Environment and Climate Programme (Human Dimension of Environmental Change) of the European Commission (DG XII). The ECOMAC project investigated how companies are using or intend to use environ mental costs and benefits figures in support of their decisions, and what they have been doing to remedy the limitations of conventional management accounting in this area. The research was largely explorative in nature, but the project also produced a structured overview of the subject and made suggestions and recommendations as to how compa nies could improve their own environmental accounting."

Networks provide the foundation for the functioning of our societies and economies. Their study has had a long tradition in such fields as engineering, operations research, management science and computer science. More recently, the disciplines of finance and economics have come to be rich and fascinating sources of network-based problems and applications. This focused and refereed volume of contributions from leading international scholars provides a wealth of innovations in the study of financial and economic networks. The volume presents entirely new results: the conceptualization of the stock market as a graph, the evolution of financial systems as networks, the incorporation of electronic transactions in international finance (from a network perspective), new formalisms for the study of supply chains (as fluid models and in an network economic framework) and new applications of agent-based computational economics trade networks with intermediaries and worker-employer networks. Finally, trade networks in web-based caching are introduced. Financial applications covered include: portfolio optimization with transaction costs, integrated pension and corporate planning, evolutionary financial networks, international finance and electronic transactions as well as hedging instruments for transportation networks. Innovative approaches to economic networks are developed in the context of supply chain and distribution networks, a variety of trade (including web-based caching) networks and even worker-employer networks. A major addition to this exciting and important subject, Innovations in Financial and Economic Networks will be an invaluable resource for economists and the networks community, as well as researchers and students in computational economics and finance, operations research, management science, applied mathematics and computer science.

A comprehensive review of contemporary research in management accounting. Provides a thorough critical analysis of recent issues published in the management accounting literature and identifies gaps for future research in each issue reviewed.

Hardbound. Advances in Accounting Education is a refereed, academic research annual whose purpose is to meet the needs of individuals interested in the ways to improve their classroom instruction. Major changes are occurring in accounting education as a result of recommendations from the Accounting Education Change Commission, the American Institute of CPAs, the Institute of Management Accountants and the American Assembly of Collegiate Schools of Business (the accrediting agency) and the new 150-Hour Requirement. We publish thoughtful, well-developed articles that are readable, relevant and reliable. Articles may be either empirical and non-empirical. They emphasize pedagogy, i.e., explaining how teaching methods or curricula/programs can be improved.

Management accounting has undergone significant evolution moving away from rigid budgeting programs and static output measures to comprehensive approaches of value identification and measurement. The book provides case studies, commentary and analysis from international experts in management accounting across the contemporary focus areas.

Extraordinary technological progress, but also the experience gained from the global COVID-19 pandemic, force the future vision of the world's economic development to assume a close coexistence and intense interaction between production (manufacturing) and logistics and supply chain management. This perspective requires that the current functioning of organizations will have to be radically remodeled so that they can face not only market competition, but also the turbulent changes (VUCA) that take place in their close environment. Therefore, in the next few years, one of the most important tools for improving organizations may become the industry audits, especially logistics audit. This book explores the development, methods and impact of logistics audits on organizations. In a holistic way, the book refers to topics such as internal audit, control, logistics system of enterprises, principles of conducting logistics audit and its problem areas (risk), logistics audit of procurement, production, warehousing, distribution, and supply chains, impact of the digital economy on organizations, and the European market for logistics audit services. Undoubtedly, the greatest asset of this book is that, in international terms, it is the first compact book devoted to the issue of logistics audit. Unique and timely, the book will be an essential resource for academics and postgraduate students of logistics, supply chain management and global operations in particular.

Advances in Accounting Education is a refereed, academic research annual whose purpose is to meet the needs of faculty members interested in ways to improve their classroom instruction. It publishes thoughtful, well-developed articles that are readable, relevant and reliable. Articles are peer-reviewed and may be either empirical or non-empirical. They emphasize pedagogy, i.e., explaining how faculty members can improve their teaching methods, or how accounting units can improve their curricula/programs. The series examines diverse issues such as software use, cultural differences, perceptions of the profession, and more.

Advances in Accounting Education is a refereed, academic research annual whose purpose is to meet the needs of faculty members interested in ways to improve their classroom instruction. It publishes thoughtful, well-developed articles that are readable, relevant and reliable. Articles are peer-reviewed and may be either empirical or non-empirical. They emphasize pedagogy, i.e., explaining how faculty members can improve their teaching methods, or how accounting units can improve their curricula/programs. The series examines diverse issues such as software use, cultural differences, perceptions of the profession, and more.

For courses in Accounting Fraud, Forensic Accounting, Financial Statement Fraud, Financial Statement Analysis, Ethics for Accountants, and Auditing. A case-study approach that enables students to identify key signs of fraud in financial statements Over the last two decades, financial statement fraud has become an increasingly serious issue, resulting in the collapse of ostensibly solid companies and a subsequent lack of confidence in financial markets. Detecting Accounting Fraud: Analysis and Ethics was created in response to the challenges facing accountants in this era. The text provides students a thorough overview of the most frequently used methods of overstating earnings and assets or understating debt in financial statements. It also provides detailed coverage of the main signals indicating possible fictitious reporting in financial statements to help students learn what to look for. And because breakdowns in ethics underlie accounting fraud, the text presents three major theories of ethics, plus applicable ethical decision-making models as well as opportunities for students to apply ethical models to real-world situations.This text provides a better teaching and learning experience-for you and your students. It will help you to: * Explain accounting fraud through detailed case studies: The text's real-world case study approach helps students understand the methods used to perpetrate financial statement fraud today. * Focus student attention on ethics: Ethics coverage integrated throughout the text helps students understand this topic's importance vis-a-vis accounting fraud. * Foster thorough understanding via student-focused features: An engaging, captivating writing style and diverse end-of-chapter materials motivate and assist students.

Law of one price continues to be a central tenet of Financial Economics. This book is devoted towards examining law of one price in the context of dually-listed shares of Indian companies. Put simply, this book delves on the relationship between the prices of domestic shares issued by Indian companies and the prices of foreign shares issued by the same companies. It also examines the evolving uncertainty in relationships between such dually-listed shares issued by Indian companies. It draws upon the insights that we garnered over the years while working on technical papers in this area. The book, thus, undertakes concerted efforts to present facts in a manner that sensitize and meaningfully inform readers of the prevalent breadth and depth of dual-listing (cross-listing) landscape globally and more so, locally (India).

Financial analyses, investments, and accounting practices are continually developing and improving areas that have seen significant advancements in the past century. However, the recent bankruptcies by major banks, the debt crisis in the European Union, and the economic turmoil in several countries have caused severe downfalls in financial markets and financial systems worldwide. As the world works to recover, it is important to learn from these financial crises to ensure a more secure and sustainable outlook for organizations and the global future. Perspectives, Trends, and Applications in Corporate Finance and Accounting is a crucial resource providing coverage on the stock market, public deficits, investment firms' performances, banking systems, and global economic trends. This publication highlights areas including, but not limited to, the relationship between the stock market and macroeconomics, earnings management, and pricing models while also discussing previous financial crises. This book is a vital reference work for accountants, financial experts, investment firms, corporate leaders, researchers, and policy makers.

In August, 1976 the research seminar 'Decision-making in business' was organized at Nijenrode, The Netherlands School of Business. More than fifty scientists and practitioners from nine countries presented research papers in one of the six discussion groups. Some of them also presented some of their ideas in front of a large mixed audience at a one-day symposium. Many of the papers presented at Nijenrode were of such a high quality that the decision to publish a selection of them was an easy one. At the same time the new series Nijenrode studies in business was initiated. All who were involved, the policy committee of the N ijenrode studies, the advisory and editorial board of the series, the publisher, and the organizing committee of the seminar and symposium, acclaimed the idea of publishing three volumes in the new series. A collection of eleven papers could be grouped under the title Trends in managerial andfinancial accounting. Another collection will be published as volume 2 of this series under the title TI'ends in financial decision-making, while volume 3 will consist of papers exploring the theme Trends in business ethics. The books are intended for those who are interested in new developments in the decision-making area. They are especially suitable for graduate or advanced undergraduate courses: volume 1 in managerial or financial accounting courses; volume 2 in courses on managerial finance, capital budgeting or decision making; and volume 3 in courses on business ethics or related fields."

Starting from the economic modelling of the organization, this innovative book proposes a mapping of all types (conventional and ABC) of cost systems currently in use. Design and relevance are formalized using a short list of parameters. The theoretical proposition is illustrated, through 19 systems built on a unique databse.

This innovative book presents new research on the increasingly important need to account for the use of resources, and the dispersion of waste materials. It considers resource accounting both at the process level and at the materials level, and in addition offers policy suggestions for waste and resource accounting. The book opens with an introduction to industrial metabolism and its various implications. It then goes on to examine resource accounting at the national and sectoral level, through the systematic application of the mass-balance principle to estimate materials losses at different stages of the production process. It then examines one cluster of industries (related to chlorine) in greater detail. At the process level the use of chemical process simulation software in the estimation of waste emissions is examined, specifically focusing on cases where emissions data is unavailable or unreliable. Finally it introduces, for the first time, a common single measure for evaluating and comparing process or sectoral resource and waste flows between time periods, between sectors and between regions and nations. This measure is known as exergy, and although not new in itself, it has never before been used systematically for these purposes. In conclusion the author summarizes the main problems of resource and waste accounting and offers some policy recommendations for the implementation of accounting for resources. Accounting for Resources ,1 will be welcomed by environmental managers and scientists, economists, practitioners and government policymakers.

This work describes how the rules of accounting are developed. It provides a new perspective on European accounting, showing how laws, standards, decrees and other regulations evolve, discussing and comparing the institutional settings and the legislative processes within each country. Each chapter has been written by a leading expert on financial accounting in the established countries of the European Union.

Chapter 1 Business, Accounting, and You 1 Business, Accounting, and You 1 What Is a Business, and Why Study Accounting? 2 The Definition of a Business 2 The General Concept of Value 3 Business Owners and Other Stakeholders 4 The Goal of a Business 5 How Does a Business Operate? 5 Resources Needed to Start and Operate a Business 5 Operating the Business 5 The Cost of Money 6 How Are Businesses Organized? 6 The Types of Businesses 6 The Legal Forms of Businesses 7 What Is Accounting, and What Are the Key Accounting Principles and Concepts? 9 Generally Accepted Accounting Principles 9 International Financial Reporting Standards 10 The Business Entity Principle 10 The Reliability (Objectivity) Principle 10 The Cost Principle 10 Accounting Ethics: A Matter of Trust 10 What Is the Role of Accounting in a Business? 11 How Do You Recognize a Business Transaction? 12 Cash Accounting 12 Accrual Accounting 12 How Do You Measure a Business Transaction? 12 How Do You Record Business Transactions Using the Accounting Equation? 13 Transaction Analysis 14 Stockholders' Equity 14 How Do You Report Business Transactions Using Financial Statements?20 The Income Statement 20 The Statement of Retained Earnings 22 The Balance Sheet 22 The Statement of Cash Flows 22 Relationships Among the Financial Statements 23 Accounting, Business, and You-Putting It All Together 24 Summary 25 Accounting Practice 28 Apply Your Knowledge 49 Know Your Business 50 Chapter 2 Analyzing and Recording Business Transactions 53 Business, Accounting, and You 53 How Are Accounts Used to Keep Business Transactions Organized? 54 Organizing Accounts 54 Assets 55 Liabilities 55 Stockholders' Equity 55 What Is Double-Entry Accounting? 56 Normal Balance 58 How Are the General Journal and General Ledger Used to Keep Track of Business Transactions? 58 Transaction Analysis 60 Applying Transaction Analysis 60 Balancing the T-Accounts 67 How Is a Trial Balance Prepared, and What Is It Used For? 69 Correcting Errors 70 Preparation of Financial Statements 71 Summary 74 Accounting Practice 75 Apply Your Knowledge 99 Know Your Business 99 Chapter 3 Adjusting and Closing Entries 102 Business, Accounting, and You 102 How Does a Company Accurately Report Its Income?104 Revenue Recognition and Matching Principles 104 What Is the Role of Adjusting Entries, and When Are They Prepared? 105 Accruing Revenues 106 Accruing Expenses 107 Adjusting Deferred Revenues 107 Adjusting Deferred Expenses 108 How Are Financial Statements Prepared from an Adjusted Trial Balance? 113 The Adjusted Trial Balance 113 Preparing the Financial Statements 115 How Does a Company Prepare for a New Accounting Period? 117 Completing the Accounting Cycle 117 The Three Closing Entries: Revenues, Expenses, and Dividends 118 Post-Closing Trial Balance 120 Summary of the Adjusting and Closing Processes 120 Summary 123 Accounting Practice 125 Apply Your Knowledge 154 Know Your Business 154 Comprehensive Problem 157 Chapter 4 Accounting for a Merchandising Business 159 Business, Accounting, and You 159 What Are the Relationships Among Manufacturers, Wholesalers, Retailers, and Customers? 160 How Do Periodic and Perpetual Inventory Systems Differ? 161 How Do You Account for the Purchase of Inventory? 162 Cash and Credit Purchases 162 Purchase Returns and Allowances 162 Purchase Discounts 163 How Do You Account for the Sale of Inventory?164 Cash Sales 165 Credit Sales 165 Sales Returns and Allowances 166 Sales Returns 167 Sales Allowances 167 Sales Discounts 168 How Do You Account for Freight Charges and Other Selling Expenses? 169 Costs Related to the Receipt of Goods from Suppliers 170 Costs Related to Delivering Goods to Customers 171 Other Selling Costs 173 How Do You Prepare a Merchandiser's Financial Statements? 174 The Income Statement 174 The Statement of Retained Earnings 177 The Balance Sheet 177 Summary 180 Accounting Practice 183 Apply Your Knowledge 205 Know Your Business 205 Chapter 5 Inventory 208 Business, Accounting, and You 208 What Inventory Costing Methods Are Allowed? 209 Cost Flow Versus Physical Flow of Inventory 210 How Are the Four Inventory Costing Methods Applied? 212 Inventory Cost Flows 212 Specific-Identification Method 213 First-In, First-Out (FIFO) Method 214 Last-In, First-Out (LIFO) Method 215 Average Cost Method 216 Journalizing Inventory Transactions 217 What Effect Do the Different Costing Methods Have on Net Income? 218 What Else Determines How Inventory Is Valued? 220 How Is Inventory Reported on the Balance Sheet?222 Inventory Shrinkage 222 How Do Inventory Errors Affect the Financial Statements? 223 Is It Possible to Estimate the Value of Inventory If the Inventory Is Accidentally Destroyed? 224 Summary 228 Accounting Practice 230 Apply Your Knowledge 252 Know Your Business 252 Comprehensive Problem 254 Chapter 6 The Challenges of Accounting: Standards, Internal Control, Audits, Fraud, and Ethics 256 Business, Accounting, and You 256 What Are the Rules that Govern Accounting? 257 Understandable 257 Relevant 258 Reliable 258 Generally Accepted Accounting Principles (GAAP) in the United States 258 Generally Accepted Accounting Principles Around the World: IFRS 259 Differences Between FASB and IFRS 259 What Is Internal Control? 261 Elements of an Internal Control System 261 What Is Fraud, and Who Commits It? 265 Management Fraud 265 Employee Embezzlement 265 The Factors Usually Present When Fraud Is Committed 266 What Is a Certified Public Accountant (CPA)? 268 Audits 268 Audit Opinions 269 What Are the Legal and Ethical Responsibilities of Accountants?270 The Legal Responsibilities of Accountants 270 Ethical Responsibilities of Accountants 271 Summary 273 Accounting Practice 275 Apply Your Knowledge 282 Know Your Business 285 Chapter 7 Cash and Receivables 288 Business, Accounting, and You 288 What Are the Different Types of Sales? 289 Cash Sales 289 Credit Card Sales 290 Debit Card Sales 290 Credit/Debit Card Processing 290 Sales on Account 291 What In

Business Information Systems for Accounting Students offers a more practical approach than the typical accounting information systems textbook. The text covers the technical foundations of the topic, and provides a unique insight into what information systems and technology mean for accountants in today's business environment. Providing a contemporary education for undergraduate accounting students, Quinn and Kristandl offer a fresh perspective that is relevant to both UK and international students of computerised accounting, accounting information systems or accounting technology. Key features of the text include: Real life examples with QR codes for easy access on smart devices . Examples are drawn from leading organizations such as Ryanair, Marks and Spencer, SAP and The World Bank. Coverage of the features of selected office, accounting and business software Mini-cases to show how technology benefits business "Tracking the relationship between accounting and technology in an ever changing world is no mean feat. Now, this book offers a comprehensive overview of technology- using many real-life examples - to introduce why and how technology matters for today's accountant" Professor Niels Dechow, EBS Business School, Wiesbaden.