Recently added articles from Aerospace Power Journal:
Accounting disclosure and real effects.
Dec 01, 2006; ... Abstract In this paper I advocate and illustrate a new approach to the study of accounting measurement and disclosure that is strikingly different from the usual studies of disclosure in pure exchange economies. This new approach studies the "real effects" of accounting ...
1 Introduction.(Accounting Disclosure and Real Effects)
Dec 01, 2006; ... In this paper, I advocate and illustrate a new approach to the study of accounting measurement and disclosure that is markedly different from the usual approach taken in the extant accounting literature. This new approach, which I call the "real effects" perspective, argues that how ...
2 A conceptual framework for understanding real effects.(Accounting Disclosure and Real Effects)
Dec 01, 2006; ... Think of the economy as consisting of three components, a real sector, a financial/households sector, and an information sector. The real sector is populated by firms that produce goods and services and invest in land, buildings, machines, research and development, information technology, ...
3 Real effects of imprecision in accounting measurements.(Accounting Disclosure and Real Effects)
Dec 01, 2006; ... Accounting measurements have an aura of precision, but in reality the only asset of a firm that can be measured precisely is the firm's cash balance. Any departure from cash accounting is necessarily based on judgments, estimates, and conventions that may not fully ft the economic facts ....
4 Real effects of measuring intangibles.(Accounting Disclosure and Real Effects)
Dec 01, 2006; ... Examples of intangible investments are expenditures on research and development, information technology, human capital, brand equity, process improvements, etc. The last decade witnessed an explosive growth in such intangible investments reflecting their increased importance in the new ...