The passenger revenue accounting (PRA) system has the monumental task of accounting for each of the 60,000 or so tickets that Northwest Airlines sells each day. One function of PRA is to audit each ticket to ensure that the travel agent or Northwest ticket station that sold the ticket collected the correct fare and claimed the correct commission. The fare and commission audit expert system perf...

This paper integrates prior studies of accounting policy choice and lobbying activities by testing the empirical implications of Becker’s (1983) theory of competition among pressure groups for political influence over the determination of accounting standards. The theory is applied to explain the nature and outcome of conflict among pressure groups representing financial intermediaries (supplie...

Although the field of Accounting Information Systems (AIS) has a long tradition, there is still a lack of a widely adopted conceptualization. In this paper, The UFO ontology patterns are regarded for application by analogy and extension in the engineering of a core ontology for AIS. The new IASB Conceptual Framework for Financial Reporting is used as a main source of the domain knowledge, and a...

This paper presents the results of an exploratory survey which was carried out among 406 part time and full time first year students of four undergraduate degree programmes; BA Public and Social Administration (BAPSA), BA Teaching English as a Second Language (BATESL), BA Accounting (BAAC), and BA Information Systems (BAIS) .These students were enrolled on introductory computer modules. The sur...

The emergence of information technology in accounting is an innovative system. Nowadays, most business entities, from large corporations down to micro enterprises, are aided by their Accounting Information Systems in managing their operations. This paper provides a review on the impact of information technology on accounting systems. This paper also discusses things about the accounting process...

In this article, we describe proven and exciting new analytics for testing hypotheses using empirical/ archival financial accounting data. Our study seeks to (1) inform business professionals about state-of-the-art methods and evidence from accounting research and (2) trigger academics to pursue new creative cross-disciplinary research in business, economics, law, and related social science fie...

This paper examines the costs and determinants of international capital raising for a sample of 427 straight public debt issues made by non-U.S. firms in the U.S. (Yankee) and Eurodollar markets. We model the joint determination of market choice and interest costs using a switching regression model with endogenous switching. We find that firms issue bonds in the highly regulated U.S. market whe...

Based on data from the Danish Stock Exchange, this paper analyses the value relevance of goodwill and goodwill amortization. Until Danish accounting legislation was changed as of January 1, 2002 companies were allowed to write-off goodwill or capitalize it subject to amortization, which provided a richer information set, as goodwill must be capitalized under most other accounting regimes. The v...

Information asymmetry among stakeholders is the cause of accounting conservatism, since it leads to the asymmetric loss function which brings in the required mechanism to protect the interest of parties with information disadvantage; Agency theory suggests that stakeholders need conservative accounting reports since conservatism will be reciprocal beneficial for all parties and management incen...

Identification of causal relationships has a lot to do with control. Understanding which phenomenon determines another increases the ability of human beings' to cope with their environment. At present, scientists and philosophers have difficulties in specifying when a relationship between two events is causal (Pearl 2000). In epidemiology, different models of causality exist, which Vineis and K...