Focusing on funds flow from operations, a way for analysts to use financial statement information to obtain additional insights when assessing a firm's cash generating ability is proposed. The method provides a clearer focus on a firm's cash generating ability from operations. Results from applying the proposed method are compared with information from traditional funds flow statements (APBO No. 19 and SFAS No. 95) for 20 firms, highlighting the incremental insights available.
Examines the advantages and suitability of the Financial Accounting Standards No. 33 (FAS 33) for calculating operating income for plant and equipment relative to the Accounting Series Release No. 190 (ASR 190) data. Current cost versus replacement cost; Measurement errors arising from inconsistent technology problem; Influential factors.
Presents a study which models the internal audit function as a scarce economic resource and the use of that resource for the provision of incentives. Background on the internal audit function; Internal auditing used for performance evaluation; Internal auditing not used for performance evaluation.
Presents the author's reply to the comments of Paul F. Williams et al on the 1989 article `Accounting Method Choice in the Software Industry,' in the October 1990 issue of `The Accounting Review.' Sample characteristics; Auditor preference and accounting choice; Size and accounting choice.
Reviews the books "Selected Papers on Accounting, Auditing and Professional Problems," by Edward Stamp and "Edward Stamp: Later Papers," edited by Michael J. Mumford.
Examines negotiated transfer-pricing outcomes between a buying and selling division by using a bilateral bargaining methodology. Motivation and hypotheses; Manipulation checks and subject cavariates; Implications for research.
Evaluates several analytical results developed in earlier studies and investigates the absolute econometric properties of valuation rules using date from a specific economic environment. Statistical theory of valuation; Effects of valuation error on current cost data; Relationship between portfolio diversification and valuation error.
Deals with the effects of financial information disclosure to union negotiators on the resolution of industrial conflict. Theoretical development of hypotheses; Pre-negotiation expectations and perceptions.