This article describes the nature and effects of the miscalculation of both the current and noncurrent portions of long-term lease obligations which results from the use of the "change in present value" approach.

Sunshine Mining Company issued silver-indexed bonds in April 1980. This article describes some of the features of these bonds, alternative accounting interpretations, and the company's accounting for the bonds.

Robert J. Swieringa, Karl E. Weick, An Assessment of Laboratory Experiments in Accounting, Journal of Accounting Research, Vol. 20, Supplement: Studies on Current Research Methodologies in Accounting: A Critical Evaluation (1982), pp. 56-101

Information value, Uncertainty, Decision making

Robert J. Swieringa, Robert H. Moncur, The Relationship between Managers' Budget-Oriented Behavior and Selected Attitude, Position, Size, and Performance Measures, Journal of Accounting Research, Vol. 10, Empirical Research in Accounting: Selected Studies 1972 (1972), pp. 194-209

This article describes hybrid convertible debentures and how these debentures are currently accounted for, and it proposes an alternative approach for accounting for these debentures. Hybrid convertible debentures are similar to typical convertible debentures in form, but they differ in substance and should be given different accounting treatment.

This article discusses several issues underlying a dispute between Aetna and the SEC about accounting for the tax benefits of loss carryforwards. We discuss current accounting requirements for these benefits, Aetna's accounting for its tax benefits, and the reaction of security markets to its dispute with the SEC. We believe that accounting for these tax benefits should be changed to reflect changes in the tax laws, current definitions of assets, and criteria for accounting recognition.

Reviews two volumes of the book "The Trueblood Professors' Seminar: Accounting and Auditing Case Studies," "Discussion Leader's Guide," and "Student Case Book."