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on Accounting and Auditing |
| By: | Tiron Tudor , Adriana; Blidisel, Rodica |
| Abstract: | The purpose of this paper is to present experiences from the use of accrual accounting information in the public higher education sector in Romania and, thus, to contribute to our understanding of the prospects for using that kind of accounting in public organizations. |
| Keywords: | Public Sector; Accrual Accounting; Profession |
| JEL: | M41 |
| Date: | 2007–12–19 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6691&r=acc |
| By: | Tiron Tudor, Adriana; Blidisel , Rodica |
| Abstract: | The purpose of this paper is to present experiences from the use of accrual accounting information in the public higher education sector in Romania and, thus, to contribute to our understanding of the prospects for using that kind of accounting in public organizations. |
| Keywords: | Public Sector, Accrual Accounting, Profession |
| JEL: | M41 |
| Date: | 2007–12–19 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6378&r=acc |
| By: | Dambrin, Claire |
| Abstract: | This paper draws on socio-institutional research on accounting technology. It underlines the ability of one type of accounting technology (performance measurement technology) to be a base for control at a distance since this technology links together discourse and calculation. |
| Keywords: | accounting; technology; control at a distance |
| JEL: | M41 |
| Date: | 2007–11–01 |
| URL: | http://d.repec.org/n?u=RePEc:ebg:heccah:0876&r=acc |
| By: | BRANDAS, Claudiu |
| Abstract: | Implementing Decision Support System (DSS) for the management by budgets has become one of the top priorities for the vast majority of today’s organizations. This system represents a powerful tool for planning and controlling in the managerial activity. The new technologies for Business Intelligence as OLAP, Data Warehouse, Data Mining, emerged nowadays in very competitive DSS needed for the managerial process. Such systems are capable of processing and analyzing in real time large volumes of data from various sources and with different displaying criteria. This paper depicts a DSS model (B-Admin) developed in DSS-UNIDEF framework, based on rules and OLAP for the management by budgets, implemented at „County Forestry Department”. |
| Keywords: | Decision Support Systems; OLAP; UML; Business Intelligence; management by budgets |
| JEL: | M00 M41 Z00 Y80 |
| Date: | 2007–12–20 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6683&r=acc |
| By: | Maaike Lycklama a Nijeholt; Yolanda Grift |
| Abstract: | In this article we have investigated whether the determinants of excess returns (especially of target excess returns) are valid for purchased goodwill as well. Among them are acquirer’s and target’s Tobin’s q, and debt assets ratio, that explain value creation of acquisitions, and relative size, source of financing of the acquisition, number of bidders, and relatedness of businesses of acquiror and target, that explain overpayment or overvaluation of acquisitions. The study is confined to mergers and acquisitions between US publicly quoted companies announced and effective in between January 2002 and December 2005. Databases used are SDC Platinum, CRSP and Compustat industrial annual file. Goodwill amounts are derived from acquirer’s 10-K forms in Edgar database of SEC. Results show that in line with our expectations, the correlation coefficient for target excess return amounts and goodwill is positive, whereas it is negative for acquirer and combined excess returns. Further it turns out that goodwill is significant positively influenced by acquisitions of high Tobin’s q targets by either low or high Tobin’s q acquirers, compared to acquisitions of low Tobin’s q targets by low Tobin’s q acquirers. Also the method of payment matters: payments other than cash or stock negatively influence goodwill. Moreover, a higher leverage of the target positively influences purchased goodwill. Although some of the determinants of excess return have a significant influence on goodwill, the pattern is sometimes different. Therefore, further research needs to take into account both the nature of goodwill and its unique determinants. |
| Keywords: | Goodwill, overpayment, value creation |
| JEL: | G34 M41 |
| Date: | 2007–12 |
| URL: | http://d.repec.org/n?u=RePEc:use:tkiwps:0731&r=acc |