THE WORK OF THE SPECIAL COMMITTEE ON RESEARCH PROGRAM

2001 ◽  
Vol 28 (2) ◽  
pp. 141-186 ◽  
Author(s):  
Stephen A. Zeff
Keyword(s):  
Research Program ◽  
Special Committee ◽  
Accounting Firms ◽  
Accounting Research ◽  
Research Division ◽  
Accounting Principles ◽  
The Creation ◽  
Big Eight ◽  
Accounting Procedure

This article begins by recounting the circumstances that led to the AICPA's decision in 1957 to appoint a special committee to recommend a stronger research program to support the process of establishing accounting principles. It then proceeds to examine in depth the committee's sometimes difficult deliberations that eventually led to a unanimous report, in which it recommended the creation of an Accounting Principles Board and an enlarged accounting research division within the Institute. In the course of the article, the author brings out the strong philosophical differences among several of the Big Eight accounting firms that had been impeding the work of the Committee on Accounting Procedure and that also intruded into the Special Committee's deliberations.

THE SEC PREEMPTS THE ACCOUNTING PRINCIPLES BOARD IN 1965: THE CLASSIFICATION OF THE DEFERRED TAX CREDIT RELATING TO INSTALLMENT SALES

2007 ◽  
Vol 34 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Stephen A. Zeff
Keyword(s):  
Securities And Exchange Commission ◽  
Accounting Practice ◽  
Slow Pace ◽  
Accounting Principles ◽  
Private And Public ◽  
Deferred Tax ◽  
Accounting Procedure ◽  
The U.S ◽  
Do So

In 1959, the Accounting Principles Board (APB) replaced the Committee on Accounting Procedure because the latter was unable to deal forthrightly with a series of important issues. But during the APB's first half-dozen years, its record of achievement was no more impressive than its predecessor's. The chairman of the Securities and Exchange Commission (SEC), Manuel F. Cohen, criticized the APB's slow pace and unwillingness to tackle difficult issues. This article discusses the circumstances attending the SEC's issuance of an Accounting Series Release in late 1965 to demonstrate forcefully to the APB that, when it is unable to carry out its responsibility to “narrow the areas of difference” in accounting practice, the SEC is prepared to step in and do so itself. In this sense, the article deals with the tensions between the private and public sectors in the establishment of accounting principles in the U.S. during the mid-1960s. The article makes extensive use of primary resource materials in the author's personal archive, which have not been used previously in published work.

Articulating accounting principles

2016 ◽  
Vol 17 (2) ◽  
pp. 118-135 ◽  
Author(s):  
Brian A. Rutherford
Keyword(s):  
Financial Reporting ◽  
Standard Setting ◽  
Financial Accounting ◽  
Accounting Standard ◽  
Content Type ◽  
Accounting Research ◽  
Accounting Principles ◽  
Accounting Theory ◽  
Social Scientific ◽  
Accounting Standard Setting

Purpose – The purpose of this paper is to provide a soundly based epistemological underpinning for the kind of theorisation in which many classical financial accounting researchers engaged and thus to support a renewal of this programme. Design/methodology/approach – The paper draws on pragmatist philosophy and, in particular, on Jules Coleman’s theory of “explanation by embodiment”. The applicability of this theory to the world of financial reporting is discussed. Various theorists and schools within classical accounting theory are examined from the perspective of Coleman’s ideas, focusing particularly on A.C. Littleton’s Structure of Accounting Theory. Findings – The paper finds that classical accounting research works such as Structure of Accounting Theory can be interpreted as the search for Colemanian explanation by embodiment and that this provides them with a soundly based pragmatist underpinning for their theorisation. Research limitations/implications – This paper supports the resumption by academics, qua academics, of work to contribute to accounting standard-setting by offering argumentation that addresses accounting principles and methods directly, rather than only via the social scientific investigation of behaviour in the accounting arena. Practical implications – Such a resumption would contribute positively to future standard-setting. Originality/value – This paper contributes to the defence of classical financial accounting research from the charge of lacking theoretical rigour.

The Brain as the Original Accounting Institution

2009 ◽  
Vol 84 (6) ◽  
pp. 1703-1712 ◽  
Author(s):  
John Dickhaut
Keyword(s):  
Human Interaction ◽  
Explicit Description ◽  
Accounting Principles ◽  
Parallel Structures ◽  
Neuronal Processes ◽  
The Brain ◽  
Accounting Procedure

ABSTRACT: The evolved brain neuronally processed information on human interaction long before the development of formal accounting institutions. Could the neuronal processes represent the underpinnings of the accounting principles that exist today? This question is pursued several ways: first as an examination of parallel structures that exist between the brain and accounting principles, second as an explanation of why such parallels might exist, and third as an explicit description of a paradigm that shows how the benefits of an accounting procedure can emerge in an experiment.

The Society for the Promotion of Roman Studies, 1910–60

1960 ◽  
Vol 50 (1-2) ◽  
pp. 129-134 ◽  
Author(s):  
M. V. Taylor
Keyword(s):  
Financial Support ◽  
Great Majority ◽  
Annual Subscription ◽  
Special Committee ◽  
Hellenic Journal ◽  
Joint Conference ◽  
British School ◽  
History Of ◽  
The Creation ◽  
Classical Association

The events which led up to the formation of the Society are recorded in the history of the Hellenic Society written by Mr. George Macmillan and published with the Jubilee issue of the Hellenic Journal in 1929. We read that Dr. Ashby, Director of the British School at Rome, in the Session 1908–9, sent a memorandum to the Council of the Hellenic Society requesting it to approve the making of a grant comparable with that made to the British School at Athens. The Hellenic Society, unable to meet this request, recommended, on the advice of a special committee, that members of the Hellenic Society, the Classical Association and other bodies should be asked to approve the inclusion of Latin studies in the purview of the Hellenic Society with a corresponding increase in its annual subscription, or alternately, to support some other scheme which could command adequate financial support. The great majority replied that they were in favour of the creation of a new Society on the lines of the Hellenic Society, but for the promotion of Roman studies, and this solution was endorsed at a joint conference of the Hellenic Society, the British School at Rome and the Classical Association. The Hellenic Society most generously undertook to work in harmony and collaboration with the new Society and to offer it access to the Library, with the same facilities for borrowing books and slides as those enjoyed by its own members.

scholarly journals The Making of Statutory Instruments

1969 ◽  
pp. 324
Author(s):  
Jeremy S. Williams
Keyword(s):  
Present System ◽  
Special Committee ◽  
Theoretical Examination ◽  
The Creation ◽  
The Law ◽  
Parliamentary Procedure

Professor Williams discusses Parliamentary procedure in the creation of subordinate legislation while also treating the substance of statutory instruments. Canadian procedure is compared with that of other Commonwealth countries. An evaluative review of the present system is put forth in light of the recent Report of the Special Committee on Statutory Instruments. Consideration of the changes and reforms sug gested, by the Special Committee is accompanied by an analysis of the issues and choices involved in any reform that may be undertaken. This article presents comprehensive statement by theoretical examination of contemplated reform in this area of the law.

Valuation Issues, Auditor Fraud, and PCAOB Confirmation: Findings From an Analysis of Lawsuits Against Large Public Accounting Firms

2021 ◽  
pp. 0148558X2110658
Author(s):  
Andrea Everard ◽  
Kent St. Pierre
Keyword(s):  
Third Parties ◽  
Legal Research ◽  
Public Accounting ◽  
Accounting Firms ◽  
Generally Accepted Accounting Principles ◽  
The Public ◽  
Accounting Principles ◽  
Public Company ◽  
Public Accounting Firms ◽  
Source Of Information

In this article, we bridge the gap between academia and practice by analyzing and presenting the results of allegations in more than 200 lawsuits against the largest public accounting firms. Our findings are critical as the lawsuits damage the firms’ reputations, the credibility of the profession in general, and may result in large monetary losses and loss of clients. We find three key results not found in previous legal research. First, we find that Generally Accepted Accounting Principles (GAAP) issues, especially those focused on valuation, dominate Generally Accepted Auditing Standards (GAAS) issues in the allegations. Second, fraud allegations against the auditors themselves are a significant problem, although often ignored in the fraud literature. Third, the Public Company Accounting Oversight Board (PCAOB) reports on the accounting firms provide an unintended source of information for third parties in future legal allegations against those same firms.

Three Questions on Terrorism

1973 ◽  
Vol 8 (3) ◽  
pp. 290-312 ◽  
Author(s):  
Paul Wilkinson
Keyword(s):  
Mass Media ◽  
International Organizations ◽  
The Self ◽  
Scientific Study ◽  
General Assembly ◽  
Special Committee ◽  
Repeated Calls ◽  
Self Interest ◽  
Un General Assembly ◽  
The Creation

WE LIVE IN A TERRORISTIC AGE. FEW, EVEN AMONG THE MOST favoured and secure, can fail to be haunted by the ugly sights and ghastly dreams of terroristic murder, massacre, and torture and the suffering of the innocents. Numerous international organizations and the mass media at least agree in characterizing our era as one ‘full of dismal terror’. There have been repeated calls for serious scientific study of the nature and causes of terrorism culminating in the recent decision of the UN General Assembly to establish a special committee for this purpose. Many students of politics will suspect that the creation of ‘study committees’ by such organizations as the UN and the Socialist International will simply serve to reflect the self-interest of the national participants, or that they will simply turn into propaganda exercises.

scholarly journals Closing the Future: Environmental Research and the Management of Conflicting Future Value Orders

2018 ◽  
Vol 44 (2) ◽  
pp. 237-262 ◽  
Author(s):  
Jenny Andersson ◽  
Erik Westholm
Keyword(s):  
Research Program ◽  
Environmental Research ◽  
Major Research ◽  
The Future ◽  
Future Value ◽  
The Creation

This paper examines a struggle over the future use of Nordic forests, which took place from 2009 to 2012 within a major research program, Future Forests—Sustainable Strategies under Uncertainty and Risk, organized and funded by Mistra, The Swedish Foundation for Strategic Environmental Research. We explore the role of strategic environmental research in societal constructions of long-term challenges and future risks. Specifically, we draw attention to the role played by environmental research in the creation of future images that become dominant for how societies structure action for the long term. We also show that this process is on several accounts problematic. Research labeled “strategic” or “relevant” is intended to manage long-term risks and challenges in a sustainable way, by taking into account the “open” and “plural” nature of the future. The case of Future Forests suggests, rather, that by contributing to the emergence of dominant future images, environmental research is entangled with a process of gradual consensus creation around what may be highly selective or biased narratives of the long term, which may conceal or postpone key forms of future conflict.

Multiple Dimensions of Organizational Commitment: Implications for Future Accounting Research

2001 ◽  
Vol 13 (1) ◽  
pp. 221-251 ◽  
Author(s):  
Alice A. Ketchand ◽  
Jerry R. Strawser
Keyword(s):  
Organizational Commitment ◽  
Organizational Behavior ◽  
Organizational Psychology ◽  
Public Accounting ◽  
Accounting Firms ◽  
Accounting Research ◽  
Multiple Dimensions ◽  
Industrial Organizational Psychology ◽  
Organizational Consequences

Organizational commitment (OC) is a concept that seeks to capture the nature of the attachments formed by individuals to their employing organizations. Beginning with Porter et al. (1974), prior researchers have attempted to identify what factors influence the formation of OC in individuals and how OC (once formed) influences important organizational consequences. Recent research in the industrial/organizational psychology and organizational behavior literature has identified the existence of multiple dimensions of OC and found different relationships between these dimensions and important organizational consequences. However, with some isolated exceptions (Ketchand and Strawser 1998; Kalbers and Fogarty 1995; Caldwell et al. 1990), accounting research has examined only one dimension of OC. This manuscript summarizes previous research in the industrial/organizational psychology, organizational behavior, and particularly accounting literature regarding the identification of various dimensions and subdimensions of OC and the relationships of these dimensions and subdimensions with important antecedents, correlates, and consequences. In light of these findings, suggestions are provided for accounting researchers to evaluate: (1) the role of multiple dimensions of OC in influencing attachment to the organization, (2) how changes in the public accounting work environment affect the role of OC, and (3) how OC research can provide practical results for public accounting firms.

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