Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …

Integrating national accounting with financial accounting, we provide firm-specific estimates of current-cost capital …

most transactions are carried out through an accounting system rather than any tangible medium of exchange, and (iii …

This paper comprehensively reviews Accounting for Income Taxes (AFIT). The first half provides background and a primer …

This paper discusses the issues surrounding the proposals to conform financial accounting income and taxable income …. The two incomes diverged in the late 1990s with financial accounting income becoming increasingly greater than taxable … of earnings management for financial accounting and/or the tax sheltering of corporate income. Our paper outlines the …

are projected to pay to the government now and in the future. The generational accounting system represents an alternative …

This paper develops a signaling model in which accounting information improves real investment decisions. Pure cash …' interests. Accounting by prespecified, "objective" rules alleviates the underinvestment problem …