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Copyright of Contemporary Accounting Research is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: Since the withdrawal of IFRIC 3 in 2005, there has been a regulatory freeze in accounting for emission rights that contrasts with the international momentum of climate-related financial disclosures. This paper explores how different narratives and institutional dynamics explain the failure to produce guidance on accounting for emission rights. Design/methodology/approach: This paper mobilises the notion of field-configuring events to examine a sequence of six events between 2003 and 2016, including four public consultations and two dialogues between standard setters. The paper presents a qualitative analysis of documents produced in this space that investigates how different practices and narratives configured the field's positions, agenda, and meaning systems. Findings: Accounting for emission rights was gradually decoupled from climate change and carbon markets, relegated to the research pipeline, and forgotten. The obstacles that the IASB and EFRAG found in presenting themselves as central in the recurring events, the excess of representations, and the increasingly technical and abstract debates eroded the 2003 momentum for regulation, making the different initiatives to revitalise the project vulnerable and open to scrutiny. Lukes (2021) refers to nondecision-making to express that some issues are suffocated before they are expressed. Originality/value: The regulation of accounting for emission rights, an area that has received scant attention in the literature, provides some insights into the different narrative mechanisms that, materialising in specific times and spaces, draw regulatory attention to particular accounting issues, which are problematised and, eventually, forgotten. This study also illustrates that identifying interests is problematic as actors shift from alternative positions over a long period. The case examined also raises some doubts about the previous effectiveness of international standard setters in dealing with matters of connectivity between the environment and finance, as is the case for accounting for emissions rights. [ABSTRACT FROM AUTHOR]

The importance of introducing a new sustainable development paradigm to safeguard the entire planet is now undisputed. One of the tools aiming to respond to this need consists of the Sustainable Development Goals (SDGs) contained within the 2030 Agenda. Businesses play a crucial role in achieving these objectives and must prove themselves to be active actors in promoting sustainable practices. However, the integration of these objectives within their business models turns out to be a complex operation, which requires numerous skills and resources. This paper consists of a systematic literature review on the topic of research on the SDGs in the areas of business, management and accounting with the aim of identifying the barriers facing communities and tools to support companies in this process, as well as possible areas for improvement. Furthermore, it allows us to identify gaps on which future research should focus. To achieve this aim, papers related to the 2030 Agenda and the SDGs published in journals indexed in the Scopus database between January 2015 and June 2024 were analysed. The results demonstrated a great heterogeneity within the research area and the emergence of some important concepts, such as the circular economy, artificial intelligence and Industry 4.0, and some recurring themes, such as the role of stakeholders in achieving the SDGs and the financial and non-financial benefits of SDG strategies and practices. [ABSTRACT FROM AUTHOR]

Purpose: This paper introduces the special issue on Race and Accounting and Accountability. In so doing, it explores racism in its historical and contemporary forms, the role of accounting and accountability in enabling racism and racial discrimination and also efforts of redress and resistance. Design/methodology/approach: We reflect on several critical themes to demonstrate the pervasive and insidious nature of racism and, review the literature on race and racism in accounting, focusing on studies that followed the seminal work by Annisette and Prasad (2017) who called for more research. We also review the six papers included in this special issue. Findings: While many overt systems of racial domination experienced throughout history have subsided, racism is engrained in our everyday lives and in broader societal structures in more covert and nuanced forms. Yet, in accounting, as Annisette and Prasad noted, the focus has continued to be on the former. This special issue shifts this imbalance – five of the six papers focus on contemporary racism. Moreover, it demonstrates that although accounting technologies can and do facilitate racism and racist practices, accountability and counter accounts offer avenues for calling out and disrupting the powers and privileges that underlie racial discrimination and, resistance by un-silencing minority groups subjected to discrimination and injustice. Originality/value: This introduction and the papers in the special issue offer rich empirical and theoretical contributions to accounting and accountability research on race and racial discrimination. We hope they inspire future race research to nurture progress towards a true post-racial society. [ABSTRACT FROM AUTHOR]

Purpose: This article introduces the AAAJ special issue's content and, in so doing, aims to reflect on the contribution that accounting as a discipline is placed to make within the more contemporary context of space exploration, the space economy and public space policy. Design/methodology/approach: The paper draws together, identifies, expands upon and advances opportunities available to researchers seeking to investigate the ways in which accounting research and practice might inform the modern space sector. Findings: Papers comprising the AAAJ special issue are informed by authors with diverse research backgrounds (including various accounting subfields and non-accounting business disciplines) and varying methodological approaches, including positivist, interpretivist as well as critical research paradigms. Interestingly, the call for papers also attracted several non-accounting academics or academics who have not traditionally undertaken or engaged appreciably with accounting research. This diverse approach to addressing initial space accounting questions should help establish a firm launching point for future research advances. Originality/value: The paper's originality lies in advancing a need to engage with the unique demands of "the New Space Age", requiring fundamentally innovative approaches to many aspects of accounting such as financial accounting, management accounting and sustainability accounting as well as contextualising or re-contextualising current accounting concepts, principles and thinking to apply to a new setting. [ABSTRACT FROM AUTHOR]

The article presents an overview of this journal's editorial policies including the journal's mission related to the topic of accounting, standards for manuscript submission, peer review processes, and conflicts of interest.

This paper intends to explore entrepreneurship intention among the youth by examining their personality traits. The respondents of this study were accounting students in their final year from seven public universities across Malaysia. A validated questionnaire was employed and distributed to representatives of each university, obtaining a total of 756 responses. The collected data was analyzed using descriptive statistics and utilized partial least square-structural equation modelling (PLS-SEM) to analyze the hypotheses. The results revealed that personality traits influence entrepreneurship intention of accounting students' and conscientiousness being the most significant trait with a coefficient of 0.612. This paper suggests that personality traits namely conscientiousness, extraversion, openness to experience and agreeableness can boost entrepreneurship attitude, thus it should be optimized systematically into the education context to shape young personalities that are inclined towards entrepreneurship. Essentially, Ministry of Higher Institution, universities, colleges, and schools are advised to shape entrepreneurial personalities through the education curriculum and frequent practical sessions with inspiring entrepreneurs in the industry. Further, integrating the elements of personality traits into entrepreneurship education can serve as a guide for financial management of a business. [ABSTRACT FROM AUTHOR]

Purpose: The paper aims to explore the relationship between accounting and racial violence through an investigation of sharecropping in the postbellum American South. Design/methodology/approach: A range of primary sources including peonage case files of the US Department of Justice and the archives of the National Association for the Advancement of Colored People (NAACP) are utilised. Data are analysed by reference to Randall Collins' theory of violence. Consistent with this theory, a micro-sociological approach to examining violent encounters is employed. Findings: It is demonstrated that the production of alternative or competing accounts, accounting manipulation and failure to account generated interactions where confrontational tension culminated in bluster, physical attacks and lynching. Such violence took place in the context of potent racial ideologies and institutions. Originality/value: The paper is distinctive in its focus on the interface between accounting and "actual" (as opposed to symbolic) violence. It reveals how accounting processes and traces featured in the highly charged emotional fields from which physical violence could erupt. The study advances knowledge of the role of accounting in race relations from the late nineteenth century to the mid-twentieth century, a largely unexplored period in the accounting history literature. It also seeks to extend the research agenda on accounting and slavery (which has hitherto emphasised chattel slavery) to encompass the practice of debt peonage. [ABSTRACT FROM AUTHOR]

Blockchain technology has revolutionized numerous industries, including that of financial accounting. However, its potential to support environmental, social, and corporate governance (ESG) objectives remains underexplored. This paper addresses this gap by investigating how blockchain's decentralized and tamper-resistant characteristics can enhance green financial instruments, investment strategies, and climate-related financial disclosures. By leveraging these unique features of blockchain and applying knowledge discovery from data (KDD) methods, we uncover patterns and establish rules that highlight blockchain's role in promoting transparency, accountability, and sustainability within the financial sector. Through a comprehensive analysis of literature, case studies, and real-world examples, this paper not only presents a balanced perspective on the integration of blockchain into financial accounting but also underscores its transformative potential in advancing ESG initiatives. The use of KDD provides novel insights into the effectiveness and implementation strategies of blockchain for ESG, making this study a pioneering resource for academics, professionals, and policymakers seeking to understand and harness blockchain's impact on ESG in financial accounting. [ABSTRACT FROM AUTHOR]

This paper introduces a method, for creating research-driven ontology to foster collaboration and innovation. The concept of collaborative innovation implies a process where multiple stakeholders work together to generate novel ideas, solutions or products. The suggested approach combines Artificial Intelligence (AI) and expert knowledge to build a comprehensive model encompassing various aspects of research, development and innovation. To demonstrate the feasibility of this method, the paper showcases its implementation in the field of accounting science. First, AI-powered machine-learning algorithms and text-mining techniques are used to extract the main ontological elements from a large corpus of accounting literature. Subsequently, expert knowledge is utilized to refine and validate these identified elements. The resulting ontology can be used as the foundation of a knowledge-based system to promote collaboration and analyze the state of innovation. [ABSTRACT FROM AUTHOR]

Copyright of Contemporary Accounting Research is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Grasslands provide a wide range of provision, support, regulation, and cultural ecosystem services (ESs), whose valuation methods can be grouped into three categories (ecological, sociocultural, and economic). The present manuscript aims to provide an overview of academic studies on grassland ESs and of the most used economic evaluation methods. To this end, a systematic and bibliometric review was conducted using the scientific database Scopus and the VOSviewer software. The results highlighted that China and the USA were the main countries with the highest number of publications regarding ESs provided by grasslands. The number of publications began to grow starting in 2005, thanks, perhaps, to the publication of influential documents, such as the Millennium Ecosystem Assessment, and the general increase in interest in ecological policy issues. The year 2023 had the highest number of documents in absolute (646), demonstrating the timeliness, importance, and relevance of this research topic. The most studied grassland ES has been carbon storage; however, a central role was played also by biodiversity. In this context, papers that estimated grassland ESs from an economic perspective represented only 3% of all papers that Scopus has returned. More than half of these referred to the use of equivalent coefficients to calculate the ES value of different land uses/land cover categories or, at most, of 11 types of ES. All this highlights the difficulty in estimating individual ESs provided by grasslands from an economic point of view and the greater propensity to use physical, chemical, and biological indicators. Consequently, the sustainable management of grasslands requires more studies on the economic evaluation of their ES, as well as environmental aspects in the economic accounting of governments, or to implement a support system for farms in delivering various ecosystem services. [ABSTRACT FROM AUTHOR]

Purpose: This study investigates the progress of the Broad-Based Black Economic Empowerment (B-BBEE) Act 2003, and its associated Chartered Accountancy Profession Sector Code. In doing so, we explore why B-BBEE affirmative action has not yet achieved the Code's representational intentions, including systemic subtleties inhibiting this success. Design/methodology/approach: Using semi-structured interviews, we explore the lived experiences of Black aspirant Chartered Accountants (CAs) undertaking articles in global audit firms. The experiences are thematically analysed, embracing a comprehensive theoretical approach that encompasses professional and social closure, as well as boundary work, to adequately understand why affirmative transformational endeavours persistently face uphill tasks. The utilisation of multifaceted theorisation is deemed essential for a more nuanced portrayal of the intricacies inherent in the CA profession in South Africa. Findings: The narratives presented by Black aspiring CAs unveil a complex web of exclusionary practices entrenched in institutionalised historical, professional, and social contexts. The multifaceted nature of closures, symbolised by racial, cultural, and linguistic factors, significantly impacts the experiences of Black trainees. The findings furthermore show that deliberate intervention beyond compliance with the Government's framework is necessary for meaningful transformation. Practical implications: The paper brings to the fore the current lived experiences of underrepresented Black CAs in global auditing firms. In doing so, these firms are empowered with incremental knowledge of the prevailing challenges and can thus make tangible improvements towards authentic transformation. Additionally, the results help in tracking the advancements made through affirmative action, acting as a feedback loop for future developments in transformation policy. Originality/value: Contributing to the critical accounting literature, our study extends scholarship on the barriers faced by CAs and the limitations in their capacity to challenge these obstacles within global audit firms. We offer practical policy-focused recommendations that, if implemented, can address the complex socio-political realities obstructing the success of affirmative action. By sharing first-hand accounts, our study aims to empower auditing firms and other related stakeholders with actionable insights, enabling them to improve genuine inclusivity and foster equitable representation in the accounting profession. [ABSTRACT FROM AUTHOR]

Policies that require, or recommend, disclosure of corporate tax information are becoming more common throughout the world, as are examples of tax-related information increasingly influencing public policy and perceptions. In addition, companies are increasing the voluntary provision of tax-related information. We describe those trends and place them within a taxonomy of public and private tax disclosure. We then review the academic literature on corporate tax disclosures and discuss what is known about their effects. One key takeaway is the paucity of evidence that many tax disclosures mandated with the aim of increasing tax revenue have produced additional revenue. We highlight many crucial unanswered questions, answers to which would inform future tax legislation and financial accounting rule making. [ABSTRACT FROM AUTHOR]

This paper examines whether ownership by media conglomerates impacts business news reporting. To address this question, we take advantage of a unique setting when in 2007 the ownership of The Wall Street Journal (WSJ) was transferred to News Corp., a media conglomerate with broad business interests. We find that, after the acquisition, WSJ's sentiment toward competitors of News Corp. became significantly negative in comparison with similar reporting conducted by The New York Times. Further, WSJ's reporting influences stock prices and is associated with more profitable insider trading. This evidence suggests that ownership by media conglomerates likely influences the nature of business news coverage. This paper was accepted by Brian Bushee, accounting. Supplemental Material: The data files are available at https://doi.org/10.1287/mnsc.2022.00653. [ABSTRACT FROM AUTHOR]

Purpose: Given the importance of interdisciplinary research in addressing wicked problems, this paper aims to explore the development of and prospects for interdisciplinary research through evidence gained from academic accountants in Australia. Design/methodology/approach: Extant literature is complemented with interviews of accounting academics in Australia to reveal the challenges and opportunities facing interdisciplinary researchers and reimagine prospects for the future. Findings: Evidence indicates that accounting academics hold diverse views toward interdisciplinarity. There is also confusion between multidisciplinarity and interdisciplinarity in the journals in which academic accountants publish. Further, there is mixed messaging among Deans, disciplinary leaders and emerging scholars about the importance of interdisciplinary research to, on the one hand, publish track records and, on the other, secure grants from government and industry. Finally, there are differing perceptions about the disciplines to be encouraged or accepted in the cross-fertilisation of ideas. Originality/value: This paper is novel in gathering first-hand data about the opportunities, challenges and tensions accounting academics face in collaborating with others in interdisciplinary research. It confirms a discouraging pressure for emerging scholars between the academic research outputs required to publish in journals, prepare reports for industry and secure research funding, with little guidance for how these tensions might be managed. [ABSTRACT FROM AUTHOR]

This paper investigates the transformative role of the financial accountant/analyst and of Artificial Intelligence (AI) integration as a virtual assistant to the finance and accounting function of an organization, facilitating accurate financial analysis, interpretation, and presentation of key indicators while optimizing time efficiency. In today’s fast-paced business environment, financial managers are tasked with navigating complex financial landscapes and providing timely insights to support strategic decision-making. Examining the challenges faced in performing financial analysis and interpretation while increasing data volumes and complexity, this research discusses how AI algorithms enable finance managers to automate data collection, analysis, and reporting tasks, thereby freeing up valuable time for strategic planning and decision-making. This research has been conducted by a financial specialist with more than 10 years of experience in the finance and accounting area interrogating a GenAI bot (ChatGPT bot – Finance Wizard), based on the given two years balance sheet and profit and loss financial statements data available for testing. The scope was to validate the analysis done by the AI bot and to assess the benefits of using such a bot within daily operations. The results are reliable enough to consider having AI as a reliable assistant for repetitive operations and some more complex ones. In conclusion, this paper asserts that AI integration as a financial accountant assistant holds immense potential for transforming financial analysis, interpretation, and presentation processes, thereby enabling financial managers to fulfill their strategic role as business partners and value creators, thus transforming also the strategic role in further development for achieving sustainability and organizational resilience. It calls for continued research by peers specialists. [ABSTRACT FROM AUTHOR]

Copyright of Zeszyty Teoretyczne Rachunkowości is the property of Stowarzyszenie Ksiegowych w Polsce Rada Naukowa and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The complexity and interconnection within the financial ecosystem demand innovative solutions to improve transparency, security, and efficiency in financial reporting and liquidity management, while also reducing accounting fraud. This paper presents Blockchain Financial Statements (BFS), an innovative accounting system designed to address accounting fraud, reduce data manipulation, and misrepresentation of company financial claims, by enhancing availability of the real-time and tamper-proof accounting data, underpinned by a verifiable approach to financial transactions and reporting. The primary goal of this research is to design, develop, and validate a blockchain-based accounting prototype—the BFS system—that can automate transformation of transactional data, generated by traditional business activity into comprehensive financial statements. Incorporating a Design Science Research Methodology with Domain-Driven Design, this study constructs a BFS artefact that harmonises accounting standards with blockchain technology and business orchestration. The resulting Java implementation of the BFS system demonstrates successful integration of blockchain technology into accounting practices, showing potential in real-time validation of transactions, immutable record-keeping, and enhancement of transparency and efficiency of financial reporting. The BFS framework and implementation signify an advancement in the application of blockchain technology in accounting. It offers a functional solution that enhances transparency, accuracy, and efficiency of financial transactions between banks and businesses. This research underlines the necessity for further exploration into blockchain's potential within accounting systems, suggesting a promising direction for future innovations in tamper-evident financial reporting and liquidity management. [ABSTRACT FROM AUTHOR]

Purpose: This study explores the everyday experiences of researchers in assessing their own and others' research, highlighting what "good" qualitative accounting research is from their perspectives. Design/methodology/approach: The analysis is based on interviews with accounting scholars from the UK, Germany, Italy, Spain and Australia, with diverse ethnic background and methodological preferences. Findings: Interviewees pointed to a plurality of practical, and to some extent tacit, ways in which they demonstrate and assess the quality of research, concerning "contribution", "consistency" and "confidence", with generalizability being seen as more controversial and difficult to attain. In general, interviewees highlighted the underlying ambiguity on what constitutes good research in the qualitative accounting community, contrasting it to the perceived stronger clarity to be found in the quantitative accounting community. This was seen as potentially strengthening the positions of "gatekeepers" in the accounting communities, and encouraging conformance and "signaling" behaviors, at the risk of hampering innovation. Originality/value: The main critical issues affecting qualitative research quality highlighted by interviewees concern the engagement with the world of practice, and with theory and literature, the importance of accounting for the analysis of qualitative data and for the messiness of the underlying process, and the implicit search for compliance with editors' and community's expectations and conventions. These findings suggest the need to continue debating how to assess the quality of qualitative research in everyday activities, and reflect on how to promote acceptance and openness to pluralism, in scientific communities, as well as in data collection, analysis, in the theorizing, and in connecting epistemology and methodology. [ABSTRACT FROM AUTHOR]

This paper contains a brief vision over the way of exposure and integration of the accounting theory as a whole within a continuous evolutionary environment. Since the issuance of the fundamental forming framework of accounting theories, the organizational environment has continuously focused on shaping these theories to ensure the optimal undergoing of activities. This aspect has a pronounced interest in present days and generates an important process in the development of the organizational framework both conceptually, theoretically, and practically, through targeted measures. Accounting theory consists of logical reasoning that aids in the evaluation, improvement and implementation of financial procedures and practices in companies, aiming to achieve optimal alignment within the economic-financial business environment. The purpose of this article is to compactly summarize the comprehensive critiques and analyses of different perspectives of accounting theory provided by important papers and studies, which represent valuable resources for researchers in the field and beyond. [ABSTRACT FROM AUTHOR]

Copyright of Contemporary Accounting Research is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Contemporary Accounting Research is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

I study productive activity, measurement, and compensation in a principal agent model that relaxes common restrictions on the action set of the agent, the distribution of performance measures, and the shape of the wage schedule. The solution to this relaxed problem unifies insights from extant theory and shares features with well-known empirical phenomena. In particular, the optimal outcome distribution has a kink, optimal measurement is conservative, and optimal wages ensure congruent incentives and resemble accounting-based bonus plans featuring a floor, hurdle bonus, incentive zone, and ceiling, with thresholds that may reference other performance measures. Beyond these specific insights, the paper provides a flexible framework for studying how incentives are shaped through measurement and contracts. [ABSTRACT FROM AUTHOR]

Copyright of Zeszyty Teoretyczne Rachunkowości is the property of Stowarzyszenie Ksiegowych w Polsce Rada Naukowa and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: From an exploratory perspective, this paper aims to assess how well ChatGPT scores in an accounting proficiency exam in Portugal, as well as its overall understanding of the issues, purpose and context underlying the questions under assessment. Design/methodology/approach: A quasi-experimental method is used in this study. The questions from an exam by the Portuguese Order of Chartered Accountants (OCC, in the Portuguese acronym) served as input queries, while the responses (outputs) from ChatGPT were compared with those from the OCC. Findings: The findings indicate that ChatGPT's responses were able to deduce the primary issue underlying the matters assessed, although some responses were inaccurate or imprecise. Also, the tool did not have the same score in all matters, being less accurate in those requiring more professional judgment. The findings also show that the ChatGPT did not pass the exam, although it was close to doing so. Originality: To the best of the authors' knowledge, there is little research on ChatGPT accuracy in accounting proficiency exams, this being the first such study in Portugal. Practical implications: The findings from this research can be useful to accounting professionals to understand how ChatGPT may be used for practitioners, stressing that it could assist them and improve efficiency, but cannot, at least for now, replace the human professional. It also highlights the potential use of ChatGPT as an additional resource in the classroom, encouraging students to engage in critical thinking and facilitating open discussion with the guidance of teachers. Consequently, it can also prove beneficial for academic purposes, aiding in the learning process. [ABSTRACT FROM AUTHOR]

Sustainability accounting is considered a subcategory of financial accounting that focuses on the disclosure of non-financial information about a company's performance to external parties. Various definitions of sustainability accounting by different authors raise two research questions: RQ1: What is understood by sustainability accounting, as well as which terms are used in relation to sustainability accounting by different authors and organisations? RQ2: What is the relationship between sustainability accounting and the different names used for this term? The aim of this paper is to describe sustainability accounting, identify the terms that are used in relation to sustainability accounting by different authors and organisations, and identify the relationship between sustainability accounting and the different names used for this term. This study is based on information that was gathered through an extensive literature review (research publications and research studies (documents), using the Internet and research databases, and the author's own experience. Methods of analysis, comparison, selection, abstraction, induction, deduction, determination, and statistics were used. This study presents a comprehensive bibliometric analysis in the field of accounting terms. As a result of this study, the term sustainability accounting is defined, as well as its different interpretations and their synonyms, including identification of the relationship between sustainability accounting and the different names used for this term. Sustainability accounting is an essential part of the future of accounting; it includes the TBL quantification of the company's activities, products, and services and integrates sustainability metrics into financial reporting. [ABSTRACT FROM AUTHOR]

Copyright of Revista Internacional de Investigación en Ciencias Sociales is the property of Universidad Autonoma de Asuncion and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper seeks to track the intellectual evolution of four important streams of thought in the American accounting literature, tracing them back to their originating expressions. The four streams are decision usefulness in both management accounting and financial accounting, futurity in financial accounting, the literature on general price-level accounting, and consolidation goodwill in business combinations. [ABSTRACT FROM AUTHOR]

This paper investigates the market consequences of sovereign accounting errors, opening a new area of research on sovereign accounting quality in the accounting literature. Eurostat, a division of the European Commission, provides semiannual assessments of financial reports produced by the member states of the European Union (EU) and issues reservations that detail financial reporting errors. Using a sample of Eurostat reservation issuances across 28 EU countries from 2004 to 2018, we find that sovereign bond yields abnormally increase during a reservation announcement window, especially when a reservation explicitly mentions deficit or debt, when it quantifies the extent of the errors' financial impact, or when the errors relate to recent fiscal data. Consistent with a home bias after the release of negative news, we find that domestic holdings of sovereign debt increase after the issuance of a reservation. Overall, our evidence suggests that sovereign accounting errors have significant market consequences and raises further questions for future research in sovereign accounting quality. This paper was accepted by Ranjani Krishnan, accounting. Supplemental Material: The online appendix and data files are available at https://doi.org/10.1287/mnsc.2023.00724. [ABSTRACT FROM AUTHOR]

Over the past decade, the interactions between accounting (and auditing) and corporate governance have been an important topic of academic research. They use audit hours to measure audit effort and find that audit effort alleviates stock market crash risk. The traditional audit quality indicators used in past research cannot accurately separate the respective roles of companies and auditors, which makes it difficult for researchers to draw effective causal inferences when studying the association between company characteristics and audit quality. [Extracted from the article]

Accounting has been evolving to follow the latest economic, political, social, and technological developments. Therefore, there is a need for researchers to also include in their research agenda the emerging topics in the accounting area. This exploratory paper selects technological matters in accounting as its research object, proposing a literature review that uses archival research as a method and content analysis as a technique. Using different tools for the assessment of qualitative data, this content analysis provides a summary of those papers, such as their main topics, most frequent words, and cluster analysis. A top journal was used as the source of information, namely The International Journal of Accounting Information Systems, given its scope, which links accounting and technological matters. Data from 2000 to 2022 was selected to provide an evolutive analysis since the beginning of this century, with a particular focus on the latest period. The findings indicate that the recent discussions and trending topics in accounting, including matters such as international regulation, the sustainable perspective in accounting, as well as new methods, channels, and processes for improving the entities' auditing and reporting, have increased their relevance and influence, enriching the debate and future perspectives in combination with the use of new technologies. Therefore, this seems to be a path to follow as an avenue for future research. Notwithstanding, emerging technologies as a research topic seem to be slower or less evident than their apparent development in the accounting area. The findings from this paper are limited to a single journal and, therefore, this limitation must be considered in the context of those conclusions. Notwithstanding, its proposed analysis may contribute to the profession, academia, and the scientific community overall, enabling the identification of the state of the art of literature in the technological area of accounting. [ABSTRACT FROM AUTHOR]

During the era of New Public Management from the 1970s to the 1990s, government accountability in Australia underwent a significant transformation from compliance to performance evaluation. This change underscores a Machiavellian interpretation presented in this paper, emphasizing the politicized and power‐driven nature of public sector accounting reforms. The Australian Government employed a commercial accounting model to legitimize these reforms, leveraging Machiavellian principles to strengthen political power. Despite the accounting profession's role in legitimizing public sector financial reporting, its control over Australian accounting standard setting diminished. The new public sector accountability framework allowed the shifting of blame to the profession when problems arose. An analysis of the New South Wales Government's journey through the reform, from embracing accrual accounting to rejecting heritage assets measurement and applauding fair value, illustrates the complex interplay between self‐interest and the protection of public interest. The Australian Government strategically enlisted the support of the outer fringe accounting profession and successfully instituted reforms premised on the principle of public accountability and liberty for Australian society. Once the reformer's goals were achieved, the facilitating elites found themselves marginalized from the bureaucratic group and power reclaimed deftly to the Government with CLERP reforms paving the way for the adoption of International Financial Reporting Standards. This shift exemplifies Machiavelli's perspective, where liberty is used as a means to garner public support and ultimately attain power, a strategy that continues to hold validity in contemporary political contexts. [ABSTRACT FROM AUTHOR]

Do credit rating agencies (CRAs) learn from the options market? We examine this question by exploring the relation between options trading activity and credit rating accuracy. We find that as options trading volume increases, credit ratings become more responsive to expected credit risk and exhibit greater ability to predict future defaults. We also find that CRAs rely more on the options market as a source of ratings-related information when firm default risk is higher, options trading is more informative, manager-provided information is of lower quality, and firm uncertainty is higher. Our results are robust to a number of sensitivity tests, including alternative measures of options trading and credit rating accuracy. We reach similar inferences using various approaches to address endogeneity issues, including difference-in-difference analyses and an instrumental variables approach. Overall, our findings are consistent with the view that CRAs incorporate unique information from the options market into their rating decisions which, in turn, improves credit rating accuracy. This paper was accepted by Brian Bushee, accounting. Supplemental Material: The online appendix and data files are available at https://doi.org/10.1287/mnsc.2023.4980. [ABSTRACT FROM AUTHOR]

This paper presents a novel approach to the analysis of large deflection and post-buckling behavior of cantilever nanorods under different load conditions. The proposed approach utilizes a variational method, incorporating the Gurtin–Murdoch surface elasticity theory and the consistent couple stress theory to account for size-dependency effects. By accounting for the strain energy contributions of the bulk material, surface layer, and load conditions, this approach expresses the behavior of the nanorods in terms of their intrinsic coordinates. A finite element method was used to solve this numerical problem, generating a system of non-linear equations that were iteratively solved using the Newton–Raphson method. The results obtained from the finite element method were confirmed by those from the shooting method. Also, it highlights the effectiveness of the variational model in predicting the large deflection and post-buckling behavior of cantilever nanorods while considering both surface stress and couple stress effects. Furthermore, the study investigated the influence of surface stress and couple stress on the response of the nanorods to point and uniform loads. The results showed that incorporating both effects enhanced the stiffness of the nanorods compared to scenarios in which these effects were neglected. In addition, the couple stress effect was found to have a greater influence on the stiffening of nanorods for the same value of unitless parameters compared to surface stress effects. These findings offer valuable insights into the large deflection and post-buckling behavior of cantilever nanorods and highlight the importance of surface stress and couple stress effects. The model proposed in this study has potential applications in advanced technological device designs by providing a comprehensive understanding of the mechanical response of nanorods, allowing for more accurate predictions and enhanced device performance. [ABSTRACT FROM AUTHOR]

The "Journal of Economic Perspectives" article provides recommendations for further reading, including a review of the "Inequality: IFS Deaton Review" project, a study on changing labor market and income inequalities, and an analysis of purchasing power parity measures. It also covers topics such as industrial policy, economic history, construction costs, and interviews with prominent economists. The article offers insights into various economic issues and research areas, making it a valuable resource for those interested in economics and related fields. [Extracted from the article]

Although prior research suggests strict, fair value–based securities accounting rules cause banks to sell securities into negative liquidity shocks, a value-destroying behavior called "liquidity feedback trading," the mechanism is uncertain. We find the sooner chief executive officers (CEOs) are permitted to cash out of their stock and option grants, the more prone are their banks to feedback trading. Furthermore, the sooner CEOs can cash out, the more positive their banks' stock price reaction to news of accounting rule relaxation. We conclude incentives for managerial short-term focus are a mechanism by which stricter accounting rules cause feedback trading. We also find evidence that regulatory compliance concerns play a role. This paper was accepted by Tomasz Piskorski, finance. Funding: A. Kolasinski is grateful for financial support from Mays Business School at Texas A&M University. N. Yang thanks the School of Accounting and Finance at The Hong Kong Polytechnic University for financial support. Supplemental Material: The data and online appendix are available at https://doi.org/10.1287/mnsc.2020.03249. [ABSTRACT FROM AUTHOR]

We study optimal accounting rules that alleviate inefficiencies caused by managerial private benefits. Accounting signals generated by the accounting rules guide the continuation decision at an interim project stage. The entrepreneur enjoys private benefits from continuation, which may induce inefficient decisions. The optimal accounting rule is characterized by a threshold, with a higher threshold representing more conservative accounting. The first-best is achieved under small private benefits. As private benefits increase, the first-best eventually is not achievable and more informative bad news is required for the manager to terminate, resulting in less conservative accounting rules. Therefore, more conservative accounting rules are associated with more efficient investment decisions. This paper was accepted by Suraj Srinivasan, accounting. Supplemental Material: The online appendix is available at https://doi.org/10.1287/mnsc.2019.03087. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to investigate the adoption of information technology in museums and to identify the latest high-tech applications used in museums from the perspective of management. A systematic review of 250 English articles published in SCOPUS, classified into Business, Management, and Accounting, was conducted. The results showed that the number of publications on this topic steadily increased during the study period. The maximum number of publications occurred in 2023 and reached 43 documents. Authors from Europe, North America, and Oceania have contributed more to the investigation of the roles of technologies in museums. The results provide evidence of the significant evolution of high-tech applications in museums that have been investigated recently. Thanks to the Internet, social media, websites, mobile applications, big data, blockchain, etc., communication between museums and not only their visitors but also other stakeholders has improved effectively. In addition, the latest innovations, such as augmented reality, virtual reality, mixed reality, artificial intelligence, and eye-tracking technology, have provided visitors with a better experience in museums. [ABSTRACT FROM AUTHOR]

Copyright of Zeszyty Teoretyczne Rachunkowości is the property of Stowarzyszenie Ksiegowych w Polsce Rada Naukowa and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: The objective of this study is to systematically review the current body of literature in order to gain insights into the progress of research in accounting and auditing of cryptocurrencies, while also highlighting the associated risks and identifying gaps for future exploration. Design/methodology/approach: To achieve this, a structured literature review was carried out, presenting a thorough and critical assessment of the available studies focused on cryptocurrencies within the accounting and auditing domain. Findings: The analysis reveals that the majority of the research has concentrated on the reporting and measurement aspects of cryptocurrencies, neglecting the auditing aspect. Regarding the methodology, future investigations should incorporate both theoretical and empirical manners to address this gap. Various spheres require further exploration, as they have the potential to significantly impact practitioners and academics. Originality/value: The significance of this paper lies in its comprehensive examination of the existing literature, synthesizing and organizing information pertaining to accounting and auditing considerations of crypto transactions. Moreover, it provides valuable insights into best practices and prompts identifying avenues for further research in this field. [ABSTRACT FROM AUTHOR]

Copyright of Accounting Perspectives is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Contemporary Accounting Research is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The current research aimed to analyze scientific production, using bibliometric analysis as a research method, with the aim of understanding the current structure of studies and future research directions related to creative accounting, how to use creative accounting practices and the role or in financial reporting. 13,463 documents published between 1999-2023 were identified in the Web of Science database and 24,461 researches in the Scopus database, which were refined according to 2 more terms: "user perception" and "impact on financial results". 80 articles were retained for the last stage of research, whose scientific content was analyzed with the help of VOSviewer software, performing both descriptive analysis and performance analysis, as well as scientific mapping from the perspective of the conceptual, intellectual and social structure. In order to determine research gaps, the 10 most relevant and influential papers were analyzed, these being established in relation to the number of citations, which was between 32 and 168. The research results highlighted the fact that half of the analyzed articles are reviews of specialized literature, which highlights gaps in primary research on creative accounting. What is worth noting is the fact that case studies or empirical studies based on questionnaires or the analysis of data sets related to financial reporting, address both aspects related to large companies listed on the stock exchange, as well as those related to medium and small companies. The studies followed the techniques of creative accounting and the way of financial reporting, both for private and state companies, both companies that benefited from external and internal financing, demonstrating the complex interest in the issue of using creative accounting. The gaps identified in this study will constitute future research directions in the field. [ABSTRACT FROM AUTHOR]

Charles J. Hirsch was an accountant and controller for the Golden Nugget casino from 1950 to 1970. He contributed to a movement in the 1950s and 1960s to advance the use of statistical sampling and analysis in the accounting profession. This manuscript is based on analysis of Hirsch's professional papers, held at the University of Nevada, Las Vegas, Libraries Special Collections and Archives. Hirsch used statistical sampling and analysis at Golden Nugget when statistical techniques had not yet been widely accepted or implemented by practicing accountants and auditors. Beginning in 1959, Hirsch made numerous conference presentations describing his work. In addition, Hirsch explicitly challenged the accounting profession to follow his lead and integrate statistical sampling and analysis into existing practice. In doing so, he joined an exclusive group of individuals, including Robert Trueblood, who were early advocates for using statistical techniques to improve the practice of accounting and auditing. [ABSTRACT FROM AUTHOR]

The paper analyses the current Czech methodology of accounting for experimental animals and animals sold as pets at retail pet stores while assessing whether the methodology is in line with ethical principles, as pets sold at retail are treated as goods in the accounts and experimental animals are accounted for as material. The paper proposes procedures for accounting for experimental animals and animals sold at retail. [ABSTRACT FROM AUTHOR]

This paper aims to discuss the effects of various human resource attributes on the overall business performance of accounting firms, as well as the individual business performances of the industrial client base, and intends to identify the key factors and provide them to the accounting firm managers as the basis of making decisions for human resource allocation. This study finds that: (1) The higher the proportion of accounting firm's manger-level supervisors, professional seniors, and professional assistants, the higher the total revenues of the accounting firm; the higher the proportion of professional seniors, the greater the total number of projects of the accounting firm. When the proportion of professional seniors is higher, it will have a positive effect on the individual business performances of the wholesale and retail industries and construction industry; when the proportion of professional assistants is higher, it will bring positive benefits to the individual business performances of the wholesale and retail industry, manufacturing industry, and construction industry; when the proportion of manger-level supervisors is higher, it will be helpful to enhance the individual business performances of the professional, scientific, and technical services industry. (2) The higher the proportion of audit services, tax services, management consultants, and accounting services, the higher the total revenues of the accounting firm. When the proportion of audit services, tax services, and accounting services is higher, it will have a positive effect on the wholesale and retail industry, and the manufacturing industry. (3) The proportion of accounting firm staff with accountant's qualifications cannot bring positive benefits to the overall business performance of the accounting firm or the individual business performance of the industrial client base. Thus, it is suggested that accounting firm managers should employ professional personnel beyond the scope of accounting, tax, and audit, meaning they should employ talents with direct knowledge of the related industry, in order to provide customized quality services to enhance their competitive advantage and improve the business performance of the industrial client base. [ABSTRACT FROM AUTHOR]

Background: Scientific and technical progress are unstoppable. Nowadays, information technology affects every sphere of social and economic life. The automation of business processes is a common part of business and accounting practice. Moreover, the COVID-19 pandemic has accelerated the automation in companies. Regularly occurring transactions, which were performed manually before, are gradually being replaced by information technology and automatic robotic systems. The companies fully use cloud storages, artificial intelligence, or blockchain technologies. Purpose: The purpose of the paper is to identify areas and possibilities for improvement of business and accounting processes with use of information technologies, digitalization, and automation. Methodology: For the purpose of the paper, a standard methodology review of literature sources was performed. Then we conducted a brief questionnaire survey in order to find out the level of automation and digitization of business processes in companies in the Slovak Republic. Findings and conclusions: It is expected that, as a result of robotization and automation of business processes, some professions will gradually disappear within a few decades. Even the crisis related to COVID-19 pandemic had an impact on the acceleration of using information technologies in business processes related to their digitalization and automation. The paper describes possibilities of automation with focus on e-shop, which make the processes safer, faster, more effective, eco-friendly, with fewer errors. On the other hand, there are some challenges and threats the accounting entities have to consider when implementing artificial intelligence, information technology in their business processes, such as cyber security, the Internet and electricity outages. We have observed that companies in Slovakia have their business processes more or less automated. However, the automation is the domain of bigger and multinational companies. The higher initial costs related to automation are limitation for smaller companies that need to consider benefits and costs the automation requires. Limitations and future research: Our paper is based on the theoretical background with a brief research in the area of implementing information technologies in companies in the Slovak Republic. The number of returned questionnaire surveys that were the base for our brief and initial research was very low. More detailed analysis of level of automation in the Slovak companies in comparison with companies abroad, their readiness for changes related to automation, as well as threats, challenges, pros and cons of automation may be the topic for the future research. [ABSTRACT FROM AUTHOR]

This paper offers a systematic reflection on accountability research in accounting literature. It shows the dynamic relationships and networks between the construction of accountability research, academics, and accounting journals. The research involves a systematic review of accountability literature in selected accounting journals, using both qualitative and quantitative methodologies. Drawing on Bourdieu's relational sociology for its theoretical and methodological frameworks, the paper constructs a socioanalysis of academic and intellectual capital by categorizing various positions and reputations in relation to accountability scholarship in the field of accounting. It finds that a subtle process of position taking works in both symbolic and material ways through citing and being cited by key authors in this cultural field. The paper develops a general but sociopolitical theoretical approach to the field study of accountability in accounting. The doxa of accountability reflects the cultural capital and the way in which doxa of the accounting field is recognized and valued. The paper argues that the process of cultural production is a dialectic sociopolitical process, which influences authors' reflections and choices and at the same time is influenced by the network of authors and journals. [ABSTRACT FROM AUTHOR]