THE EVOLUTION OF FINANCIAL STATEMENT INDEXATION IN BRAZIL

1986 ◽  
Vol 13 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Timothy S. Doupnik
Keyword(s):  
Financial Reporting ◽  
Financial Statement ◽  
The World ◽  
Inflation Accounting ◽  
History Of ◽  
Time Periods

Accounting for inflation is one of the more controversial topics in financial reporting. This paper traces the evolution of the system of inflation accounting used in one of the most highly inflationary economies in the world—Brazil. The history of inflation accounting in Brazil (known as monetary correction) is divided into three time periods: pre-1964, 1964 to 1976, and 1976 to the present. The events pertinent to the system of monetary correction in each of these periods are first discussed and then evaluated. It is shown that the system of monetary correction has been subject to massive political pressures since its inception, but gradual improvements have taken place over the years.

scholarly journals Listening to Story: Narratives Shared by Female Khmer Rouge Survivors

2019 ◽  
Vol 3 (3) ◽  
pp. p264
Author(s):  
Kathy E. Hart ◽  
Claudia Hart
Keyword(s):  
Khmer Rouge ◽  
Specific Time ◽  
Female Survivors ◽  
The World ◽  
History Of ◽  
Time Periods ◽  
Female Experience

Accounts of conflict often ignore the plight of female survivors. In this paper, we explore the history of Cambodia’s Khmer Rouge years focusing on the suffering of three females during these years along with their current outlook and support for education in their village. Situated against the history of the three specific time periods: the Khmer Republic Period, the Khmer Rouge Period, and the Vietnamese Period, the words of these women help us understand the personal toll behind numbers and facts. Reported using the Portraiture Approach with a feminist lens, their stories serve as a frame for understanding the female experience in current genocidal regions of the world.

The Impact of Inflation Accounting on Marketing Decisions

1980 ◽  
Vol 44 (4) ◽  
pp. 9-17 ◽  
Author(s):  
Frederick E. Webster ◽  
James A. Largay ◽  
Clyde P. Stickney
Keyword(s):  
Financial Reporting ◽  
Financial Accounting ◽  
Financial Statement ◽  
New Product Introduction ◽  
Managerial Accounting ◽  
Product Introduction ◽  
Accounting Data ◽  
Inflation Accounting ◽  
The Impact ◽  
American Economy

Persistent inflation in the American economy has led accounting rule makers to require large firms to report the effects of inflation on certain of their financial statement data. At present, these adjusted data are to be presented as supplementary disclosures under Statement of Financial Accounting Standards No. 33, “Financial Reporting and Changing Prices.” One major result will be significant changes in cost estimates and asset valuations. The changes in financial accounting requirements are likely to be reflected almost immediately in managerial accounting procedures, with specific implications for marketing decisions in such areas as new product introduction, pricing strategy, and the valuation of individual customers and market segments. The authors describe the new accounting data briefly and, using examples, illustrate the implications for marketing managers.

Epilogue

2014 ◽  
Author(s):  
Christopher Nobes
Keyword(s):  
Financial Reporting ◽  
International Organizations ◽  
Global Financial Crisis ◽  
Record Keeping ◽  
The World ◽  
Monitoring And Enforcement ◽  
History Of ◽  
The Global Financial Crisis ◽  
High Level ◽  
Double Entry

The ‘Epilogue’ takes an overview of accounting and considers some high level questions. How important has accounting been in the history of the world? It is clear that some sophisticated record-keeping system is necessary for larger and complex international organizations and double-entry bookkeeping serves well in this function, which is why it has gradually replaced other systems around the world. Can we rely on accounting? There are now fairly detailed rules on what to disclose and how to measure, plus monitoring and enforcement have been strengthened around the world. Did accounting cause the global financial crisis? Is financial reporting as good as it can get? And can we trust the auditors?

scholarly journals Fair Value Accounting: A Historical Review Of The Most Controversial Accounting Issue In Decades

2010 ◽  
Vol 8 (4) ◽  
Author(s):  
David J. Emerson ◽  
Khondkar E. Karim ◽  
Robert W. Rutledge
Keyword(s):  
Financial Reporting ◽  
Historical Review ◽  
Financial Statements ◽  
Fair Value ◽  
Financial Statement ◽  
Fair Value Accounting ◽  
Critical Elements ◽  
History Of ◽  
Regulatory Bodies ◽  
Fair Value Measurements

<p class="MsoNormal" style="text-align: justify; margin: 0in 27pt 0pt 0.5in; mso-pagination: none;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">Historically, there have been many disputes in the area of corporate financial reporting.<span style="mso-spacerun: yes;">&nbsp; </span>However, one of the primary issues of disagreement between practitioners, regulators, and theoreticians is that of valuation of financial statement components. <span style="mso-spacerun: yes;">&nbsp;</span>The latest twist in the evolution of valuation is the push for (and against) the use of a fair value approach.<span style="mso-spacerun: yes;">&nbsp; </span>The purpose of this paper is to examine the history and evolution of how the most critical elements of an entity&rsquo;s financial statements are valued.<span style="mso-spacerun: yes;">&nbsp; </span>We provide a history of valuation of financial statement components, and identify the issues involved.<span style="mso-spacerun: yes;">&nbsp; </span>Further, we examine the criticisms of actions taken by the regulatory bodies in their efforts to standardize and advance accounting practices.<span style="mso-spacerun: yes;">&nbsp; </span>Particularly, we focus on the evolution of fair value measurements.<span style="mso-spacerun: yes;">&nbsp; </span>Arguments both for and against the implementation of fair value accounting are provided.</span></span></p>

scholarly journals Detection of earnings management in insurance companies in Slovakia

2021 ◽  
Vol 129 ◽  
pp. 03029
Author(s):  
Lucia Svabova ◽  
Roman Blazek
Keyword(s):  
Earnings Management ◽  
Financial Reporting ◽  
Value Added ◽  
Real Data ◽  
Financial Statements ◽  
Insurance Companies ◽  
Fraudulent Financial Reporting ◽  
Creative Accounting ◽  
The World ◽  
History Of

Research background: Manipulation and the use of creative accounting or earnings management have become an increasingly popular topic in the history of researchers. Since 2002, this issue has attracted the attention of scientists and economists around the world. On the Slovak market, more than 30 insurance companies are actually operating, and some analyses have revealed that some of these insurance companies are engaging in activities that do not comply with the law. Purpose of the article: The article aims to use selected models for the detection of fraudulent financial reporting to determine whether there are unfair activities in insurance companies in Slovakia. At the same time, we evaluate the reliability of selected models and recommend the best models for this sector. Methods: Based on the set criteria, the Beneish model with five parameters and the Beneish model with eight parameters are applied to selected 20 companies in the Financial and Insurance activities sector to determine which companies have manipulated the financial statements. The analysis is performed using real data on Slovak companies from the Amadeus database. Findings & Value added: For the Financial and Insurance activities industry, we recommend using the Beneish model with eight parameters. Comparing the two models, we can conclude that this model is more accurate and thorough. The reason is also that this model works with more data from the financial statements.

scholarly journals Political and Legal Experience of the Formation of New States in the Modern World: Sociological Discourse

2021 ◽  
Vol 20 (2) ◽  
pp. 125-133
Author(s):  
Olga A. Korotkova ◽  
◽  
Svetlana A. Osipova ◽  
◽  
Keyword(s):  
State Formation ◽  
Modern World ◽  
Political Space ◽  
World Community ◽  
The World ◽  
New States ◽  
History Of ◽  
Political Conditions ◽  
Time Periods ◽  
Sociological Discourse

The modern stage in the history of mankind is one of those rare time periods when the process of state formation is distinguished by a special intensity due to the formation of historical prerequisites and socio-political conditions for the emergence of new states in the world political space. As a result, the world community over the last quarter of a century has been observing various scenarios of the process of state formation, which has covered many regions of the world.

scholarly journals IFRS convergence: opportunities and challenges in India

2017 ◽  
Vol 1 (2) ◽  
pp. 13-18 ◽  
Author(s):  
Parvathy P. R.
Keyword(s):  
Financial Reporting ◽  
Accounting Standards ◽  
Financial Statement ◽  
International Accounting ◽  
International Accounting Standards ◽  
Accounting Standard ◽  
Financial Reporting Standards ◽  
The World ◽  
Global Language ◽  
International Boundaries

Past decade has witnessed several changes in the process of conduct of business activities across the world especially due to the wave of globalization. It has also made drastic changes in the process of financial reporting, in particular the continuing adoption of IFRS (International Financial Reporting Standards) worldwide. IFRS are high quality, understandable, enforceable and globally acceptable accounting standards issued by IASB (International Accounting Standard Board). Thus these are a set of international accounting standards stating how a particular type of transaction and other events should be reported in the financial statements. Thus IFRS are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. IFRS is becoming the global language of business with over 40% of the world adopting this as their standard for reporting. India also decided to converge to IFRS from 1st April 2016 in a phased manner, which in turn improves the financial statement comparability and transparency that helps to attract greater cross border investments. This paper focuses on the convergence of IFRS with Indian Accounting Standards, its utility, issues and challenges faced by the stakeholders. It also throws light to the ways through which problems can be addressed.

A History of the World Semiconductor Industry

IEE Review ◽  
1991 ◽  
Vol 37 (10) ◽  
pp. 355
Author(s):  
D.A. Gorham
Keyword(s):  
Semiconductor Industry ◽  
The World ◽  
History Of

The problem of periodization of the history of religion

1997 ◽  
pp. 3-8
Author(s):  
Borys Lobovyk
Keyword(s):  
Religious Studies ◽  
Human Being ◽  
Religious Development ◽  
History Of Religion ◽  
The Social ◽  
The World ◽  
History Of ◽  
Role Of Religion

An important problem of religious studies, the history of religion as a branch of knowledge is the periodization process of the development of religious phenomenon. It is precisely here, as in focus, that the question of the essence and meaning of the religious development of the human being of the world, the origin of beliefs and cult, the reasons for the changes in them, the place and role of religion in the social and spiritual process, etc., are converging.

Mülteci olmak: Mersin’de yaşayan Filistinli mültecilerin göç hikâyeleri

2016 ◽  
Vol 3 (2) ◽  
pp. 200-224
Author(s):  
Bilge Deniz Çatak
Keyword(s):  
Oral History ◽  
Daily Life ◽  
Palestinian Refugees ◽  
Emotional Bonds ◽  
The World ◽  
History Of ◽  
Oral History Interviews ◽  
Refugee Experience

Filistin tarihinde yaşanan 1948 ve 1967 savaşları, binlerce Filistinlinin başka ülkelere göç etmesine neden olmuştur. Günümüzde, dünya genelinde yaşayan Filistinli mülteci sayısının beş milyonu aştığı tahmin edilmektedir. Ülkelerine geri dönemeyen Filistinlilerin mültecilik deneyimleri uzun bir geçmişe sahiptir ve köklerinden koparılma duygusu ile iç içe geçmiştir. Mersin’de bulunan Filistinlilerin zorunlu olarak çıktıkları göç yollarında yaşadıklarının ve mülteci olarak günlük hayatta karşılaştıkları zorlukların Filistinli kimlikleri üzerindeki etkisi sözlü tarih yöntemi ile incelenmiştir. Farklı kuşaklardan sekiz Filistinli mülteci ile yapılan görüşmelerde, dünyanın farklı bölgelerinde mülteci olarak yaşama deneyiminin, Filistinlilerin ulusal bağlılıklarına zarar vermediği görülmüştür. Filistin, mültecilerin yaşamlarında gelenekler, değerler ve duygusal bağlar ile devam etmektedir. Mültecilerin Filistin’den ayrılırken yanlarına aldıkları anahtar, tapu ve toprak gibi nesnelerin saklanıyor olması, Filistin’e olan bağlılığın devam ettiğinin işaretlerinden biridir.ABSTRACT IN ENGLISHPalestinian refugees’ lives in MersinIn the history of Palestine, 1948 and 1967 wars have caused fleeing of thousands of Palestinians to other countries. At the present time, its estimated that the number of Palestinian refugees worldwide exceeds five million. The refugee experience of Palestinians who can not return their homeland has a long history and intertwine with feeling of deracination. Oral history interviews were conducted on the effects of the displacement and struggles of daily life as a refugee on the identity of Palestinians who have been living in Mersin (city of Turkey). After interviews were conducted with eight refugees from different generations concluded that being a refugee in the various parts of the world have not destroyed the national entity of the Palestinians. Palestine has preserved in refugees’ life with its traditions, its values, and its emotional bonds. Keeping keys, deeds and soil which they took with them when they departed from Palestine, proving their belonging to Palestine.

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