We show that if taxable income were linked to accounting income, there will exist an automatic safeguard against manipulation of earnings within the analyzed framework. Separating taxable income from accounting income will remove this self-controlled mechanism, and accordingly create a need for...

Integrating financial accounting and management accounting is already a well-established practice in large businesses, which in France took up this type of approach in the mid-1980s. In small and medium-sized companies, however, separation is generally the rule. Priority is given to financial...

Many researchers have claimed that costing systems that provide materially more accurate or precise cost reports have a strict value-enhancing effect on decisions (i.e., Cooper 1988, 1995; Cooper and Kaplan 1991; Christensen and Sharp 1994; Rogers, Comstock and Pritz 1994; Swenson 1995; Gupta and King 1997)....

This paper surveys the positive accounting research literature for a book of readings. It defines the nature and origins of positive research in accounting describes its contribution to practice and investigates reasons for the decline of normative theorizing in accounting. Relatively...

This paper contrasts educational reforms in New Zealand and the UK exploring the role of accountability in processes of management control. The paper focuses on the use of performance measurement in schools. Performance evaluation in the UK is arguably, individualised, in New Zealand an...

The Uniform Accountancy Act (UAA) is the product of a joint effort by the American Institute of Certified Public Accountants and the National Association of State Boards of Accountancy. It is intended to serve as a model for public accountancy legislation by the individual states, and is...

An important category of costs that management need to plan for and control are the costs associated with the purchase of direct inputs. Traditional operations management methodologies model this problem as requiring management to direct attention to the trade-off between inventory holding costs...

The performance goal for a unit is commonly created by consolidating the goals of its subunits. This paper shows that if it is difficult (easy) for the subunits to achieve their goals, it is almost always even more difficult (easier) for the unit to achieve the consolidated goal. This means, for...

We investigate the impact of the magnitude of current sales changes on asymmetric cost behavior. We expect that managers are likely to consider small (large) current sales decreases as temporary (permanent). Therefore, they will be less (more) likely to cut costs for small (large) current sales...

This paper has an English version and can be downloaded from: "http://ssrn.com/abstract=1799605" http://ssrn.com/abstract=1799605En este trabajo se muestra cómo encontrar la estructura óptima de capital y el valor con un endeudamiento constante y variable período a período, cuando la tasa de...