This article is written in the belief that it is important to encourage research into accounting for regulated industries. It seeks to illustrate this by considering as an exemplar the use of Accounting Separation (using regulated industry nomenclature) and hierarchical costing systems in the UK...

This article derives in a comprehensive but informal way the essential conditions for activity based costing (ABC) and for costs proportional with output volume (CVO), such as variable material and component costs, to measure economic costs defined as incremental costs. Without this property...

This study analyses the financial status of the Korean telecommunications industry and its regulatory implications. To this end, the study first analyses profitability, growth, investment and dividend trends of four major (fixed and mobile) Korean telecommunications companies since the late...