arguments, and be clear and concise. Research 2. Writing a thesis starts with research. Take a look at the primary sources you have to work with and get an idea of the angle you want to take with your paper: this will be reflected in your thesis. Since research will continue throughout the process of your paper or project, you may end up going in a different direction or being convinced your stance at the beginning was wrong. Do not be afraid to change your thesis. Topic and Road
THE ACCOUNTING REVIEW Vol. 85, No. 1 2010 pp. 31–61 American Accounting Association DOI: 10.2308 / accr.2010.85.1.31 Market Reaction to the Adoption of IFRS in Europe Christopher S. Armstrong University of Pennsylvania Mary E. Barth Alan D. Jagolinzer Stanford University Edward J. Riedl Harvard University ABSTRACT: This study examines European stock market reactions to 16 events associated with the adoption of International Financial Reporting Standards (IFRS) in Europe. European IFRS adoption
LIFO VERSUS FIFO: UPDATING WHAT WE HAVE LEARNED Nicole Thorne Jenkins Doctoral Student in Accounting Morton Pincus Associate Professor of Accounting College of Business Administration The University of Iowa 108 PBAB Iowa City, IA 52242-1000 U.S.A. 319/335-0915 FAX 319/335-1956 morton-pincus@uiowa.edu September 1998 (version 1.2) LIFO VERSUS FIFO: UPDATING WHAT WE HAVE LEARNED 1.0 INTRODUCTION The statutory mandate in U.S. tax law that firms using the last-in first-out (LIFO) inventory
1. Introduction: This paper is a contribution made my Ross L. Watts and Jerold L. Zimmerman, titled as “Towards a Positive Theory of Determination of Accounting Standards” published by American Accounting Association. It explores the factors that have been influencing management’s attitudes in lobbying on accounting standards. It describes an attempt made by two in evolution and development of the Positive Accounting Theory by reasoning, factors like taxes, regulations, management compensation
The most predominant use of measurement is to help a business have control over a firm in a way that traditional accounting processes did not provide. Decision-making is a fundamental component of corporate realization. Decisions that are based on the basis of substantial knowledge may lead to a business’s improvement as well as increased long-term performance. The focus of this paper is to respond to prompts on measurement and decision-making. Task 1: Cost Behaviours and Cost Classifications Cost
information content of accounting disclosures and capital market research that uses share price data as a benchmark for evaluating accounting disclosures has evolved. In this area of research, markets are deemed efficient and this theory will be explored further. The capital market is considered to be highly competitive, and as a result, newly released public information is expected to be quickly impounded into share prices. Following Fama’s (1970) landmark research papers, which explained the principals
WHAT HAS THE INVISIBLE HAND ACHIEVED? Ross L. Watts Sloan School Massachusetts Institute of Technology January 27, 2006 _____________________________ This paper was presented at the Institute of Chartered Accountants in England & Wales Information for Better Capital Markets Conference in London on December 20, 2005. I am grateful to Ryan LaFond, Karthik Ramanna, Sugata Roychowdhury and Joseph Weber for their comments. All remaining errors are mine. 1. INTRODUCTION When I was invited
positive accounting hypothesis (PAT) estimates that, in flawed markets, accounting decision may be controlled by directors looking to impact reported income and capital structure (Watts and Zimmerman, 1978). Specifically, the positive accounting hypothesis (PAT) contends that accounting decisions are liable to be spurred by components, for example, supervisors ' extra arranges, the company 's obligation/value proportions and the more extensive political impact of outsiders (Watts and Zimmerman, 1978;
Riordan Manufacturing – Accounting Cycle Description Introduction Riordan Manufacturing, Inc. is an industry leader in the field of plastic injection molding. Using cutting edge art design capabilities, this Fortune 1000 Enterprise Company maintains facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China, and has annual earnings of $46 million. A company does not attain and maintain this type of success by accident. Part of Riordan’s success is due to its
Abstract This paper explores the question whether the financial statements can be made more useful. This leads to an important concept in accounting-- the concept of decision usefulness. To properly understand this concept, this paper outlines other theories from economics and finance to assist in conceptualizing the meaning of useful financial statement information. The main purpose of this paper is to introduce the concept of decision usefulness approach