There is a widespread view that cost finding developed into cost accounting towards the end of the nineteenth century, with the further step towards what we today call management accounting occurring in the twentieth century. This bold assessment is based on an embarrassingly small amount of...

Evidence of a change in transfer price offers a rare opportunity to examine underlying causes to explain the need for change. Three modern-day frameworks are employed in this longitudinal case study to interrogate the events and actions taken at an iron and coal company during the last quarter...

Watts and Zimmerman (1979, 1986) portray the external audit as a natural consequence of an agency model where shareholders demand reliable information and managers respond by arranging for an independent audit to make credible the financial statements whose contents they control. Independent,...

The fully revised and updated third edition provides an introduction to accounting for students. It embraces the basic techniques and underlying theoretical concepts in accounting and shows how these are applied in various circumstances