Causal Inferences in Capital Markets Research is an attempt to promote a broad interdisciplinary debate about the notion of causality and the role of causal inference in the social sciences. At the risk of oversimplifying, the issue of causality divides the accounting research community in two polar views: the view that causality is an unattainable ideal for the social sciences and must be given up as a standard, and the view that, on one hand, causality should be the ultimate goal of all scientific endeavors and, on the other hand, theory and causal inference are inextricable. Reflecting and discussing these views was the main motivation for this volume. This volume contains eight articles on three topics: I) Econometrics; III) Accounting, and III) Finance. First, Nancy Cartwright addresses the problem of external validity and the reliability of scientific claims that generalize individual cases. Then, John Rust discusses the role of assumptions in empirical research and the possibility of assumption-free inference. Peter Reiss considers the question how sensitive are instrumental variables to functional form transformations. Finally, Charles Manski studies the logical issues that affect the interpretation of point predictions. Second, Jeremy Bertomeu, Anne Beyer and Daniel Taylor provide a critical overview of empirical accounting research focusing on the benefits of theory-based estimation, while Qi Chen and Katherine Schipper consider the question whether all research should be causal and assess the existing gap between theory and empirical research in accounting. Third, R. Jay Kahn and Toni Whited clarifies and contrasts the notions of identification and causality, whereas Ivo Welch adopts a sociology of science approach to understand the consequences of the researchers' race for discovering novel and surprising results. This volume allows researchers and Ph.D students in accounting, and the social sciences in general, to acquire a deeper understanding of the notion of causality and the nature, limits, and scope of empirical research in the social sciences.

SLASH Your Operating Budget: Five Secrets to Recovering Wasted Budget Dollars
A Proven System to "Slash Your Operating Budget" by Hundreds of Thousands (if not Millions) of Hard Dollars...
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Discover: What you "don't know you don't know" and what it's costing you Why untested skepticism is detrimental to your company's budget Why an "Expense Category Expert" can find and recover hidden cost savings in your operating budget The two emotions that are costing you millions How to free up budget dollars for stalled initiatives without cutting other budgets And much more What are you waiting for? Take back control of your operating budget, and with it, your company's financial health

Working With Your QuickBooks(r) Items List - Part 1, is part of a series of training manuals for those who are new to the world of accounting and are interested in understanding how everything is applied when working with QuickBooks(r) software. It offers the following objectives through easy-to-read exercises at the end of each section. 1.Learn what the Items List is and the definitions of the eleven different types: Service, Inventory Part, Non-inventory Part, Inventory Assembly, Other Charge, Subtotal, Group, Discount, Payment, Sales Tax Item, and Sales Tax Group. 2.Subitems and Units of Measure for each item. 3.Performing searches and sorts in your Items L

Invoice verification in SAP is an often misunderstood subject, despite its central role in contributing to a company's fiscal health. Adding to the confusion is the fact that it falls between two teams the MM team and the FI team and each assumes that the other is responsible for the design and configuration of Invoice Verification. Although the process can be streamlined, many organizations get the design and use of invoice verification wrong, resulting in vendors not being paid and accounts being placed on stop, which prevents further Purchase Orders from being processed until the vendor has been paid. The aim of this book is to help readers fully understand the invoice verification process, particularly the changes in ERP 6.0. If they get the design right, then the process will run smoothly and vendors will be paid on time (not too early either). User input can be kept to a minimum and much of the process can be automatic. There are one or two basic mistakes that are made during the design of the process and the guide highlights these (and many other confusing areas), and describes, in simple terms, the options available along with the consequences of getting it wrong.

No one knows your organization better than you do. That's why you are in the best position to make process improvements for your own operations. But, sometimes you are too close to identify those problem spots that have crept into your procedures. That's where The Do-It-Yourself Accounts Payable Consultant Handbook comes in. It provides you the added perspective to see your operation clearly. It effectively lets you take that giant step back so you can look at your accounts payable function objectively. Use our straightforward problem-solving tools to uncover the weak spots in your processes. Once you've identified the problems, our commentary will get you started on the right path to fixing the problem by providing some best practice advice. You can use this to strengthen your controls preventing duplicate and erroneous payments and fraud. What's more, you might even earn a few more early pay discounts. Each section contains: * Several analytical checklists to help you scrutinize the your processes to identify those areas that need attention; * An explanation of why certain practices are not recommended and others are: and * The latest thinking to help you develop the solution that is right for your operations. With 35 diagnostic checklists, you're all set to evaluate your own accounts payable function. Table of Contents Invoices Invoice Handling Diagnostic Invoice Processing Diagnostic Do Your Processor s Know the Basics Convincing Vendors to Invoice Electronically And 3 Best Practice Articles AP Check Processes Exception Processing Diagnostic Check Request Forms Diagnostic Paper Check Safety Diagnostic Paper Check Elimination Checklist Dealing with Un-cashed Checks Getting Vendors to Accept e-Payments And 4 Best Practice Articles AP Interdepartmental Processes Identifying Problems in the Purchase-to-Pay Process Diagnostic Master Vendor File Diagnostic User-Friendly Accounts Payable Department Best Practice Checklist And 2 Best Practice Articles Payments Payment Control Diagnostic ACH Diagnostic "Identifying Problems that Can Be Eliminated with e-Payments" Diagnostic P-card Missed Opportunity Diagnostic ACH Fraud Convincing Management to Make ACH Payments And 3 Best Practice Articles Travel & Entertainment T&E Policy Diagnostic T&E Expense Policies that Meet IRS Guidelines while Combatting Fraud Diagnostic Avoiding a T&E Fraud Debacle Diagnostic The T&E Receipts Issue Diagnostic: Are You Collecting the Right Information And 2 Best Practice Articles Regulatory The Regulatory Diagnostic The 1099 Diagnostic Unclaimed Property Best Practice Diagnostic And 3 Best Practice Articles Management Issues: General Common Misconceptions that Get AP into Hot Water Electronic Accounts Payable Diagnostic The Worst Practice Checklist Hiring Best Practice Checklist And 2 Best Practice Articles Management Issues: Control Fraud Deterrence/Prevention/Detection Diagnostic Internal Control Best Practice Diagnostic Productivity Killer Checklist And 3 Best Practice Articles Management Issues: Operation Issues The Duplicate Payment and Recovery Best Practice Checklist Policy & Procedures Manual Launching a New Project Best Practice Checklist And 4 Best Practice Articles