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...

I welcome the opportunity to write in the Millennium edition of the Pacific Accounting Review. The opportunity to write a non-referred article is an added bonus. This allows me to write a more speculative and less technical piece than I normally seek (or am forced) to write. Additionally, my...

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...