Price-level costs, Historic costs, Questionnaire

Abstract This article presents information on socio-economic accounting. Several possible dimensions of socio-economic accounting have been suggested, including national income accounting, evaluation of social programs, the role of accounting in economic development and efforts to develop an index of social progress. This paper explores yet another dimension of socio-economic accounting-the recognition and measurement of external diseconomies, or social costs and the resulting implications for the accounting profession. The most complex and controversial, link in the assessment process is the determination of the social costs-monetizing the external diseconomies. Accountants are likely to resist involvement in such efforts because of the uncertainty involved, but such resistance is not justified. Cost determination is more the forte of accountants than of engineers and economists. Assuming that actual social cost estimation will be done by public agencies at some level of government, it then seems not unlikely that the accounting profession will be called upon to attest to such estimates.

Abstract ABSTRACT: Several studies have identified and reported various factors influencing career-choice decisions of accountants; but none has been reported that systematically relates career-choice factors of accountants with those of other professionals. To provide data for comparisons, ratings of career-choice factors were obtained from accountants, attorneys, engineers, and physicians. A multiple discriminant analysis of these data reveals distinctive differences in career-choice and motivating factors among the four professions.

Abstract This article highlights the report of the Committee on International Accounting Research of the American Accounting Association. The report is the result of the 1966/67 research effort of the Committee on International Accounting Research of the American Accounting Association. In carrying out its assignment the Committee felt that it would be appropriate to comment on the usefulness of the "standards" and "guidelines" contained in "A Statement of Basic Accounting Theory" as well as to appraise selected international accounting reports in the light of these standards and guidelines. For this purpose the committee decided to study a recent annual report for each of five companies from each of the following countries: Argentina; Japan; The Netherlands; Sweden; and Great Britain. While the companies included in the study collectively do a significant amount of international business, it is felt that the sample was too restricted to justify generally valid observations. The comments in this report are therefore best viewed as tentative conclusions which should be tested by more comprehensive studies before being accepted.

Abstract Discusses the report of the Committee on Accounting for Social Performance of the American Accounting Association which explored the state of social accounting in the United States in 1975. Analysis of the practices in accounting and the reporting of corporate social performance; Investigation of corporate charitable contributions; Issues concerning the place of social accounting in accounting education.