Accounting - Science topic

Hello, I have just joined a company that is facing challenges. It is a newly emerging company. The company's product is of good quality and extensive advertising has been formed, however, the sales level is low, and this has caused us to sell on credit, the company's liquidity will decrease. The manager suggested that we sell our products with a ten percent discount for cash sales, but This problem was not solved. In your opinion, what solutions can be adopted to get out of this crisis?

1) https://blog.milliondollarbookagency.com/alexander-ohnemus-author-of-accounting-fundamentals-and-applications-thesis/

2) https://open.spotify.com/episode/1tgnLzfPz3D63Mf2zLR3VJ?si=lne1daQ_T3mIwVYTQ2Y9cQ

In the country where I operate according to the content of Article 219 of the Constitution of the Republic of Poland, the state budget should be implemented in accordance with the Budget Law and the Budget Law also in accordance with the Constitution. However, in Poland, a kind of second, additional, alternative “state budget” based on additional expenditures realized with printed money has been in operation for several years. This additional “state budget” functioning in addition to the official state budget is in fact not a budget at all, but is made up of financial special purpose funds specially created for this purpose in the Bank Gospodarstwa Krajowego and the Polish Development Fund, which are fed with printed money. The mechanism of the aforementioned money printing, i.e. the national currency PLN, was used in Poland on a historically exceptional scale for the first time during the Covid-19 pandemic. the government in Poland at the time took advantage of the confusion that arose during the Covid-19 pandemic in the financial markets, including the capital markets, to introduce, on the one hand, lockdowns deepening the recession of the economy and financial support programs for the economy based on the large amount of printed money introduced into the economy. The mechanism of the aforementioned money printing, i.e. the national PLN currency, was borrowed from other countries that used this solution during previous deep economic and/or financial crises. For example, during the global financial crisis of 2008, this mechanism was used on a large scale in some countries, but then it was a matter of financial support of the banking system with money coming from the state's public finance system in order to maintain the liquidity of commercial and investment banks, i.e. institutions that were largely responsible for causing the said financial crisis. In Poland, on the other hand, during the pandemic economic crisis of 2020, the procedure of introducing a large amount of printed money into the economy was not aimed at supporting the banking system, which was in a good situation and in the following years 2021-2024 recorded record profits, nor was it aimed at financially supporting the implementation of pro-development investment projects, in which new technologies, etc. would be implemented. The printed, anti-crisis money was given to a large number of companies and enterprises operating in various sectors of the economy in the form of subsidies to pay fixed costs and subsidies to employees' salaries on the condition that business activity was maintained despite the lockdowns and periods of national quarantine that had been introduced, and on the condition that the state of employment was maintained despite the real significant reduction in the scale of business activity. The idea was that the official level of employment shown by the Central Statistical Office would not fall and the level of unemployment would not rise in the business sector. The result of this unconstitutional procedure was that the government generated one of the highest inflation rates that occurred in Poland compared to Europe in the years 2021-2023. The mechanism of the aforementioned money printing, i.e. the national currency PLN, consisted in Poland in that the central bank, i.e. the National Bank of Poland, indirectly bought certain issues of rolled-up treasury bonds, and in this way more than 300 billion PLN of additional money was introduced into the economy without coverage in manufactured products and services. These additional series of Treasury bonds were transferred to the special purpose funds of the Bank Gospodarstwa Krajowego and the Polish Development Fund. The central bank then redeemed them, and in this way the printed money was introduced into the aforementioned special purpose funds. The earmarked funds of the Bank Gospodarstwa Krajowego and the Polish Development Fund were excluded from the official state budget, and in this way the government implemented a kind of creative accounting for the state's public finance system.

The key issues of the impact of the Covid-19 pandemic on the economy and financial markets are described in my article below:

IMPACT OF THE CORONAVIRUS PANDEMIC (COVID-19) ON FINANCIAL MARKETS AND THE ECONOMY

I have described some of the issues of the above in the following articles:

IMPACT OF THE SARS-COV-2 CORONAVIRUS PANDEMIC (COVID-19) ON GLOBALIZATION PROCESSES

POLAND'S 2022 ENERGY CRISIS AS A RESULT OF THE WAR IN UKRAINE AND YEARS OF NEGLECT TO CARRY OUT A GREEN TRANSFORMATION OF THE ENERGY SECTOR

I described the key issues of anti-crisis state interventionism in my article below:

Anti-crisis state intervention and created in media images of global financial crisis

Analysis of the effects of post-2008 anti-crisis mild monetary policy of the Federal Reserve Bank and the European Central Bank

I invite you to familiarize yourself with the issues described in the above-mentioned publications, as well as to scientific cooperation in these issues.

In view of the above, I address the following question to the esteemed community of scholars and researchers:

What do you think about this topic?

What is your opinion on this issue?

Please answer,

I invite everyone to join the discussion,

Thank you very much,

Best wishes,

Dariusz Prokopowicz

1) https://www.researchgate.net/publication/373629748_The_Post-Eisenhower_and_Wagner_Effect

2)https://www.researchgate.net/publication/372341739_Fundamental_Theorem_of_Calculus_proved_by_Wagner's_Law

Mansfield, Harvey. "Niccolò Machiavelli". Encyclopedia Britannica, 30 Apr. 2024, https://www.britannica.com/biography/Niccolo-Machiavelli. Accessed 8 May 2024.

1)The most consistent politicians don’t get to the highest office(President):

Britannica, The Editors of Encyclopaedia. "Ron Paul". Encyclopedia Britannica, 29 Apr. 2024, https://www.britannica.com/biography/Ron-Paul. Accessed 8 May 2024.

McNamee, Gregory Lewis. "Bernie Sanders". Encyclopedia Britannica, 8 May. 2024, https://www.britannica.com/biography/Bernie-Sanders. Accessed 8 May 2024.

2)Liberals correctly interpret authority as necessary evil thus, liberalism is the dominant ideology

How do I monetize my ResearchGate account?

The Contingent Valuation Method is primarily used in environmental services. It is a survey tool employed to estimate the willingness to pay for intangible values in environmental services, such as recreation and ecosystems. Do you think it can be applied within the scope of Facilities Management? For instance, could it be used for servicescape upgrading in a commercial building, such as enhancing the business environment?

Let's discuss with more detail what is covered by a business model in an industrial enterprise. Starting by the purpose of us knowing it and diving down into what a TRUE business model should explain about a given enterprise.

Hello everyone. I have a research question about analysts. I want to examine the effect on analysts forecasts at the level of individual analysts, and I think there is need to control analyst experience and analyst fixed effects. However, an analyst report is often made by more than one analyst. I feel concerned about how to deal with the research reports made by several analysts.

For example, if I want to explore the analyst i's most recent forecast on firm j in year t and the most recent forecast is made by 3 analysts together, should these 3 analysts be considered together as analyst i? Or should they be separated?

I submitted a paper to a Scopus Q2 journal of Accounting. I checked the average time taken by the journal to reach decision before submitting the paper. 90% of the papers accepted are accepted within 7-9 months even if 6/7 revisions are done.

After I submitted the paper, it was not sent to reviewers for about 3/4 months. When the reviewers were assigned, they submitted review within a month. the Associate Editor (AE) however did not make any recommendation and send the paper back for three months. I sent 2 emails after waiting for 5/6 weeks; he never responded. I then emailed the EIC; he did not respond either.

I finally emailed the AE keeping someone from the publisher (Emerald Publishing) in the CC. The AE was notified by the publisher; AE got back to me immediately stating "3 months is not a long time. It is normal in academia to take 2 years to publish a paper". The AE forwarded reviewer comments within two days of such correspondence. The reviewers required effectively minor revision.

I submitted the revised paper one month after receiving the comments. Again this time, no reviewer was assigned for 2 months. When the paper was sent to reviewers, they reviewed within one month. Now, 2 months after the review has been completed, the AE is not forwarding reviewer comments. I emailed the AE, and the EIC. Again, they are not responding.

It has already been 14 months since I submitted the paper. Of this long time, it was held by the AE for more than 10 months. I have checked and found a writing by the AE in ResearchGate stating that he is quite engaged in some racial movement in his country. He was even in jail for some weeks.

Should I email the publisher again keeping the AE and EIC in the email cc? Actually the data used in the paper is getting outdated.

In the light of accounting standard can we test these parameters for the purpose of studying disclosure of accounting policies?

I have found only a few studies based on China indicating that there is diminishing returns to environmental regulation in China. They measured such diminishing utility by including two variables related to level of environmental regulation: one variable indicating the level of regulation, and another squared term of the first variable. However, I failed to find any such study in the field of accounting and finance.

I would appreciate if someone can suggest any similar paper from the field of accounting and auditing.

X variable and changes in Y are observed but what are conditions that distinguish it from mere correlation. 

Hi,

I would like to include a control variable whether a company is audited by the big four or not? However, in which database the information would be available in yes or no format. I checked Eikon but didn't get the data. Would be glad if you kindly guide me in this regard. Thank you.

I have been doing research on different issues in the Finance and Accounting discipline for about 5 years. It becomes difficult for me to find some topics which may lead me to do projects, a series of research articles, working papers in the next 5-10 years. There are few journals which have updated research articles in line with the current and future research demand. Therefore, I am looking for such journal(s) that can help me as a guide to design research project that can contribute in the next 5-10 years.

Social accounting.

I intend to use the composite variable in regression analysis. I want to develop a composite variable using three variables. One of them is a dummy variable, one variable has values ranging from 0 to 50, and one variable has quite large values.

The study is in the field of accounting and economics.

I really appreciate your valuable insights.

Dear Researchers,

I am a doctoral student in Greece in the area of corporate governance, and currently, I study private family SMEs. In particular, my research is to examine their characteristics in relation to their performance and I want to focus is in a limited geographical area in Greece. While there is not an official database of SMEs in Greece, from the literature that I read, surveys and interviews are the most frequent method for data collection. What is your opinion about the data collection process and analysis and also the relevant corporate governance theory? What should I pay attention to in general on this issue? It would be a problem to focus on a limited geographical area?

Thank you in advance for your answers.

Pantelis Papanastasiou

Accounting traditionally is presented as describing efficiently flux (what comes in, and goes out) and stock (what is held, at a given time), and as debit and credit. It is also about matching the terms of an exchange.

How can we move the model beyond the basic number-based description, into more data-rich (including metadata, descriptors, etc) frameworks, while benefiting from the deep and long experience of accounting over human history?

With Matrices of sets [1], a first endeavour was made to describe objects rather than numbers attached to them (price, quantity, measurements and features).

With Matrices of L-sets [2] we are going one step further, distinguishing actual assets (as classical sets) and wish lists, orders, needs, requirements which are not yet owned or available. We show how an operational and computable framework can be obtained with such objects.

References:

[1]

[2]

Being an academic of finance and accounting subjects, I always look for new and contemporary ideas, thoughts, research, methods, models, processes involved with the research in the broad area of finance and accounting. once I found a website containing researches in the last 10 years, but unfortunately I lost it in the bookmarks.

Can we share the sources for getting such resources for learning and enrichment of knowledge in Finance and Accounting?

The development of accounting and financial reporting should be correlated with technological progress in this area, i.e. should take into account the development of IT applications that are commonly used in accounting, accounting and financial reporting in business entities. In addition, in recent years, instrumentalization, standardization and computerization of conducting economic, financial, indicator, fundamental analyzes, etc. supporting reporting processes have been developing rapidly.

In addition, computerized analytics concerning the processing of data generated, among others, in accounting systems on Business Intelligence platforms are also developing. Analyzes carried out in the cloud using Business Intelligence based on data collected in Big Data database systems support financial management processes and management of the entire economic activity conducted by a specific company or financial, public, etc. institute.

Do you agree with my opinion on this matter?

In view of the above, I am asking you the following question:

What are the main determinants of the development of accounting and financial reporting?

Please reply

The issues of the use of information contained in Big Data database systems for the purposes of carrying out Business Intelligence analyzes are described in the publications:

I invite you to discussion and scientific cooperation

Best wishes

I would like to learn different tools and techniques of volatility analysis. It may be useful for developing forecasting future trends of stock price, exchange rate and also other characteristics of financial instruments. Therefore, may I request you share on this topic? You may share literatures, books, training materials, software manuals etc. I hope this discussion will help us all.

I'm an electronic engineer and working in this field for quite a while. now almost all jobs in the industry are defined and done in the form of a project.

recently I am exposed to a lot of accounting concepts and their similarity with the concept of the project piqued my interest.

yet I wasn't able to find a recent, referrable paper on this subject.

I appreciate it dearly if you recommend any paper on this matter.

Dear colleagues,

Can you, please, share some useful teaching tips for teaching accounting and finance courses on-line? Some useful web-sites/tools/sources will be really helpful. I would like to make my online accounting courses interesting, useful and attractive for students.

I like the website: http://teachingandlearningtoolbox.com/ where you can get a list of different digital tools. But can you share the tips that you really used and that worked well?

I want to change students' opinion that "accounting is boring"! :-)

Thanks a lot for your input and help!

I'm writing a final dissertation about the IAS 38 and the earning management policies.

In order to enhance the topic I'd like to insert a case study. Do you know any company that in the recent years has been accused of earning management due to R&D costs manipulation or for intangibles recognition?

It would be very helpful!

please give us an example

Should it be internal? By the management board and CFO? Should it be an external appraiser, business advisor, accountant, consulting firm? Especially for a start-up.

The accounting profession will face significant changes in the next decades, and professional organizations, their members, and educational institutions should respond.

Is there a Need to Change Accounting Standards With Evolving Technology?

Hello dear scientists,

I suggest to answer here those people who can be a reviewer for a book/monograph in accounting, taxation, auditing or statistics fields in English or German.

It will help us to create a community for each other in the future 😉

Best regards.

I want to research the impact of internal audit function on the work of external auditor, I will extend the research by showing the extent of the impact of internal auditors relating to some factors such as independence, integrity, and transparency on external auditors work.

I will collect the data by using survey and the sample from external auditor firms.

I am new at this, so I am trying to figure out which test I need to use to analyze my data and the reason behind choosing that test, also did am I correct in choosing only external auditors as sample?

thanks in advance

I'm looking to create a data set for all known cases of Corporate Fraud (Financial Statement Fraud in particular) for the purposes of training Data and Machine Learning Fraud Detection Models. If there are any official or reliable sources that you know of that list such companies with the time period in which such fraud too place, please do let me know.

**Deleted**

Apart from event studies there are also Accounting studies, which examine the reported financial results (i.e., accounting statements) of acquirers before, and after, acquisitions to see how financial performance

changed. The focus of these studies ranges across net income, return on equity or assets, EPS, leverage, and liquidity of the firm. The best studies are structured as matched-sample comparisons, matching acquirers with non-acquirers based on industry and size of firm. In these studies, the question is whether the acquirers outperformed their nonacquirer peers. (Bruner, 2001)

Dear researches, I want to use proxies for "operation complexity" in my master thesis. Can you help me?

I want some quantitative materials, which are disclosed in financial statements.

hello dears, I have just interested in IFRS9 ECL models. I have three question and I appreciate all answers.

1) which models are best for pd, LGD & EAD calculation when I have scarce (about 5-7 years quarterly data) data?

2) can I calculate lifetime PD without macroeconomic variables and then add macro effects?

3) when I use transition matrix approach how have to estimate "stage 2" for earlier period, when IFRS9 was not valid and there was not any classification by stages.

Sharing economy is a term for a way of distributing goods and services, a way that differs from the traditional model of corporations hiring employees and selling products to consumers. In the sharing economy, individuals are said to rent or "share" things like their cars, homes and personal time to other individuals in a peer-to-peer fashion. one of the best example of shared economy is Uber Technologies Inc. So, My question is "how can we prepare the financial statements of like these companies? is there any accounting standard to deal with them?"

I am planning to do my dissertation in' How microeconomics theory can be applied to auditing?'

After a thorough reading I found three microeconomics theories (moral hazard, adverse selection, signalling) also (insurance ,agency and information hypothesis) that have been applied to auditing. However, I am quite reluctant which hypothesis should I apply to carry on my research. I assume (by observing the role of external auditor in bankruptcy cases before companies went to bankruptcy and whether the companies have used one of the big four to signal high quality of financial statements to investors) I can address the research question. Also, what is the methodology that can be applied for such a research?

For example: ROA (%) = 0.25 + 0.15 (Debt/Equity) +0.25 (Market to Book ratio) + e

Yes, the processing of large data sets in Big Data database systems can support the analysis of data from the company's accounting, including conducting Business Intelligence analytics, including multi-criteria economic, financial and indicator analyzes.

Do you agree with my opinion on this matter?

In view of the above, I am asking you the following question:

Can the processing of large data sets in Big Data database systems support the analysis of data from the company's accounts?

Please reply

I invite you to discussion and scientific cooperation

Best wishes

What is the best indicator to Measure firm performance? Revenue? Profit? Liquidity? Gearing?

When we only know about its current price in the market, life span & not knowing its original cost and salvage value.

If we have to calculate annual imputed cost of a fixed capital like that of a building where the SME unit is functional. What are the different ways to do so?

i.e. we have to calculate annual value of a fixed capital or annual fixed cost.

I tend to consider mathematics the body of axioms, definitions, systems of logic, and their results. If you're not adding to this body, you're not doing mathematics.

Arithmetic, calculating, solving, and so on, just seem more like accounting than mathematics. If anything, I would call these things "calculus" after the original Latin root word, referring to a stone used for counting.

Maybe it's pedantic. But I don't think so. A lot of people who "hate math" really hate "calculus." And honestly, being good at mathematics, at constructing proofs, etc is so different from being good at working with numbers. I'm decent at the former. I'm horrible when it comes to the latter.

can you please suggest international standard refererence text books on Management Accounting?

Negative externalities distort the market mechanism. Wouldn't passing entries for them in books of accounts be a possible solution?

How can i use game theory to FDI fall into particular country?

I believe one can use Game theory and come up with the model for the particular FDI investment fall into a given country.

I will do an Internship at one of the big four at Financial services. I'm free to choose any audit topic.

1. ABC had a positive and NON-SIGNIFICANT impact on XYZ

2. ABC had a positive and NOT-SIGNIFICANT impact on XYZ

3. ABC had a positive and INSIGNIFICANT impact on XYZ

in computation of operating profit whether depreciation should be deducted or not?

if depreciation is not deductable, then PBDITA can be considered as a measure of operating profit.

thanks in advance.

Sometimes its very necessary to find appropriate journals to submit articles but its also necessary to know the impact factor.

For the purpsoe of writing journal entries, we classify the accounting itmes into three categories, Real, Personal and Nominal Accounts.

If we create Provisions like 'provisions for doubtful debt' or 'provisions for taxation', under what category, do we classify the provisions (whether real, personal or nominal).

thanks in advance

can anybody suggest a few ABDC listed Accounting Journals, which have zero processing and publication fee and publish the articles in short period of time(not more than six months).

thanks in advance

any ideas or articles on what board diligence is under corporate governance?

What is financial literacy and how does it differ from financial intelligence?

The topic I chose is the comparison of accounting education system between Australia and China. I am preparing my proposal and looking for some inspiration for the research question/aim.

what is the difference between fair value and fair market value ?

GICS/GRI/ISIC and NAICS all have their own databases (some beyond a membership access or paywall) where the constituent firms may have different names. Is there a centralized place where a single firm can be searched, and all industry codes (hopefully multiple types) can be displayed?

Does CRSP or WRDS Compustat have this beyond imputing by NAICS codes per GVKEY?

what are the international standard best text books on Financial Accounting?

thanks in advance

can anybody refer the seminal works on Behavioural accounting which are done by international learned researchers in Accounting

What globalization of accounting means, to what extent is it happening in the real world today, what are the obstacles facing it, what are the differences between US GAAP and International GAAP?

I need your perfect answer to support my artical

If a sector uses public funds (i.e. government budgetary allocations stemming from tax income), is it unreasonable to expect at least a rudimentary accounting for expenditure and funding use?

What is the real issue with Watts and Zimmermans opinion on social disclosure?

Please can any accounting scholar give me a brief summary of the issue?

Currently, the traditional purpose of financial accounting ( providing information for stakeholders) has been largely replaced by the practical purpose of financial accounting (Compliance with reporting requirements). Will "financial accounting" be totally replaced by "compliance accounting"? for the attention of all accountants..... 

In the Indian context, how to measure corporate social responsbility index of the companies based on the secondary data avaiable

We intend to do research in East Africa to determine the impact of new tools to support farmers of a certain size, using for example mobile telephones or internet. we intend to use propensity score matching, a statistical matching technique (Wikipedia) that attempts to estimate the effect of an intervention by accounting for the covariates that predict receiving the treatment. PSM attempts to reduce the bias due to confounding variables that could be found in an estimate of the treatment effect obtained from simply comparing outcomes among units that received the treatment versus those that did not.

Is there any relevant research on this topic especially from an accounting or finance perspective that you would recommend?

Porcano, T. M., Tsakumis, G. T., & Curatola, A. P. (2011). Tax evasion, national cultural dimensions and other country-structural metrics. Journal of Forensic and Investigative Accounting, 3(1), 86
115.

Porcano, T. M., Tsakumis, G. T., & Curatola, A. P. (2011). Tax evasion, national cultural dimensions and other country-structural metrics. Journal of Forensic and Investigative Accounting, 3(1), 86
115.

I need this paper for my research . would you please send it to me.

thanks inadvance

Bloomberg has their own ticker symbols (https://www.bloomberg.com/markets/symbolsearch/) which differs from the ones I find in WRDS Compustat etc.

Is there a way to query bloomberg for other identifiers or bulk searching companies if I have a set of input BB ticker symbols?

Can anyone suggest some new issues in the filed of social Accounting, because most of the idea start be repeated.