The authors analyze the schism between accounting practitioners and academics, providing historical, philosophical, and political perspectives on this division. They support the efforts of the Accounting Education Change Commission in its call for sweeping changes in the scope and quality of accounting education. This schism originated before the turn of the century in the United States over concerns about the best preparation for professional accountants. Since that time, the nature of the schism has broadened considerably. Accounting has largely been taught in a structured framework, far removed from the dynamic and ill-structured situations resulting from environmental changes in which accounting is practiced. This gulf between accounting and practice reflects the schism today, which has become a division between individuals with different philosophical, economic, and political goals and attitudes. Nevertheless, the authors view the schism in a positive light--as a natural reflection of different ideas that lead to beneficial changes.

The authors begin with a philosophical perspective on the schism, as a division between opposing ideas, and deal with three areas of the accounting schism: education, practice, and standard-setting. The main focus is on education. The history of the schism is then delineated. Other views of the schism are considered next, including economic, political, and utilitarian. The function of the schism in the world of accounting is examined. Recent changes in the nature and complexity of the environment in which accounting is practiced are presented. This book is suitable for use in accounting theory and policy courses at the undergraduate and graduate levels and in accounting education seminars at the graduate level. In addition, the book should be of interest to accounting practitioners.

This book provides a broad-based approach to decision support systems (DSS) and their applications to finance and accounting. Heymann and Bloom go beyond mere description of DSS applications for particular system configurations to provide a comprehensive, technical analysis. They identify the changing roles over time of finance and accounting within organizational management and business control systems, outline the foundation of economic models within the objectives and methodology of scientific research, and provide an introduction to the logical structure of theoretical models in finance and accounting. The systems approach is examined as an alternative to the traditional decision model approach, and different tasks within a firm are presented in terms of complex and integrated management processes. In addition, the authors describe the role of DSS in the management of a firm, present specific applications of DSS in the areas of finance and accounting, and discuss the future outlook of DSS in computerized management systems as well as their possible effects on organizational structures and management control procedures.

The concept of opportunity cost, an integral part of classical economic theory, is more than two hundred years old. Yet it is still not fully understood today. This work focuses on opportunity cost as it affects decision making, managing, and business problem solving--where the acceptance of one alternative precludes the acceptance of others. H.G. Heymann and Robert Bloom clarify the issues associated with the opportunity cost principle, the measurement of opportunity costs, and its practical applications in the areas of finance and accounting. By providing numerous examples to demonstrate these specific issues, they make an important, complex economic concept simple to understand.

Heymann and Bloom begin their work with simple examples that relate to the opportunity cost principle and introduce the framework in which it has been defined. Following a discussion of basic concepts, applications in economic theory, finance, and accounting are reviewed and analyzed, and increasingly complex, multidimensional, and interdependent problem statements are considered in relation to practical management procedures. The book's interdisciplinary approach addresses a number of issues related to opportunity cost, including the environment in which theories, models, and concepts are developed; the multiple dimensions of problem situations faced by practicing managers; various interpretations of opportunity cost in economic theory; and the relevance of opportunity cost in computer-aided Decision Support Systems. Written in a way that even people with a minimum background in economics can understand, "Opportunity Cost in Finance and Accounting" will enhance the reader's appreciation of the many complex issues that relate to organizational management, financial decision making, valuation, and opportunity costs. It will be a valuable supplementary text for courses in business and public administration, as well as for developmental seminars for professionals in finance, investment, and accounting. It will also be a significant addition to public, academic, and business libraries.

Will ein Unternehmen den Gefahren begegnen, welche die Person seines Leiters und den Bestand seiner Vermogenswerte bedrohen, so muss es fur die planmassige Rucklegung von Reserven rechtzeitig Sorge tragen. Dies kann als ein unbedingtes Gebot wirtschaftlicher Zweckmassigkeit allgemein anerkannt werden. Jeder Fonds, der durch eine solche vorbeugende Spartatigkeit entsteht, bietet der Unternehmung, wenn er in der richtigen Weise angelegt wird, einen Ruckhalt fur den Fall ausserordentlicher Vermogensverluste und gesteigerten Kapitalsbedarfs und fordert so die Dauer und Stetigkeit ihrer Entwicklung, die Anpassungs fahigkeit und Widerstandskraft ihrer Organisation beim Herein brechen von allgemeinen Krisen, sowie beim Eintritt der beson deren Storungen und Hemmungen, die Leben und Arbeitsfahigkeit ihrer Inhaber bedrohen. Nach dem Umfange der offenen und stillen Reserven und der Art ihrer Anlage pflegt man daher auch, unabhangig von den Zufalligkeiten der Konjunktur, die Kreditfahigkeit einer Unter nehmung zu beurteilen. In dem Masse, wie sie sich durch eine regel massige, den bereits eingetretenen oder etwa noch zu erwartenden Wertminderungen angepasste Spartatigkeit selbst schutzt oder "Selbstversicherung" betreibt, gewinnt sie die Moglichkeit der Werterhaltung ihres Guterbestandes im Umkreise ihrer sozialen Zusammenhange. So notwendig eine solche selbstandige individuelle Sicher steIlung jedes Betriebes ist, so deutlich hat doch die Erfahrung in kritischen Zeiten gezeigt, dass der bisher hier eingeschlagene Weg fur sich allein nicht genugt, um den Bestand der Unterneh mung gegen alle Zufalle sicherzustellen. Mit der fortsohreitenden Entwicklung des Versicherungswesens ist man daher mehr und mehr dazu gelangt, die mit einer gewissen Wahrscheinlichkeit >erechenbaren Gefahren mit Hilfe von Versicherungseinrichtungen VI Vorwort."

Dieser Buchtitel ist Teil des Digitalisierungsprojekts Springer Book Archives mit Publikationen, die seit den Anfangen des Verlags von 1842 erschienen sind. Der Verlag stellt mit diesem Archiv Quellen fur die historische wie auch die disziplingeschichtliche Forschung zur Verfugung, die jeweils im historischen Kontext betrachtet werden mussen. Dieser Titel erschien in der Zeit vor 1945 und wird daher in seiner zeittypischen politisch-ideologischen Ausrichtung vom Verlag nicht beworben.

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. ++++ The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to ensure edition identification: ++++ Die Volkerbank ... Hans Heymann Rowohlt, 1922 Business & Economics; Banks & Banking; Banks and banking; Business & Economics / Banks & Banking