nep-acc New Economics Papers
on Accounting and Auditing
Issue of 2009‒01‒31
seven papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Issues on the contribution of the accountancy profession to enhancing the quality of the environment business in Romania By Bunget, Ovidiu-Constantin
  2. Recent Developments in Intellectual Capital Reporting and their Policy Implications By W. Richard Frederick
  3. Dynamic Tax Depreciation Strategies By De Waegenaere, A.M.B.; Wielhouwer, J.L.
  4. Séparabilité des audits et du contrôle de gestion en vue de contrôler l'identité organisationnelle By Bonache, A.; Bessour, M.
  5. Intangible Assets and Intellectual Capital as Key Factors of Romania’s Convergence By Suciu, Marta Cristina
  6. International Transfer Pricing for Goods and Intangible Asset Licenses in a Decentralized Multinational Corporation: Review and Extensions By Peter C. Dawson; Stephen M. Miller
  7. Enseignement d'une meta-analyse sur le lien participation budgétaire-performance managériale By Bonache, Adrien; Maurice, Jonathan; Georgescu, Irène

  1. By: Bunget, Ovidiu-Constantin
    Abstract: To be able to assist in a credible business in our country accounting unit itself had to adapt on the one hand to the new trends of harmonization and standardization of existing on the international front, and on the other hand the new requirements of the environment business in the process of privatization, modernization, development of capital market and a free market economy. The accounts of Romania treated as such concepts European economy increasing capacity free accounts to achieve a representation of reality by using language uniform conferred by International Financial Reporting Standards. Accounting is heavily involved in the processes of regionalization and globalization, through adjustment and transformation of systems of national accounts into a single system, or at least one compatible with the internationally recognized. The current turbulence that occurs on the capital market require rapid decisions based on a transparent accounting information available in real time. If you already have a European accounting profession is expected to have as soon as possible and a real European economy in which business to comply with the rules unanimously recognized.
    Keywords: auditor; the accounting expert; valuation expert; tax consultant
    JEL: M42
    Date: 2009–01–22
  2. By: W. Richard Frederick
    Abstract: This paper provides a survey of recent developments in the reporting of intangible assets. It finds that rather than the wholesale restructuring of the accounting model that was proposed years ago, the trend has been to address gaps in reporting with new forms of reporting. New forms of reporting appear better suited to capture the type of information that users of intangibles data seek. Financial reporting standards continue to change both at the national and the international level with the result that they are better able to capture some types of intangibles data. Even so, some areas such as human capital remain difficult to reflect in traditional financial statements. Users interested in human capital information are much better served by reports that are tailored to their needs, and by reporting techniques that take into account the specificities of human capital. On the policy front, companies are receiving considerable encouragement to provide more information on the intangible drivers of corporate performance than ever before. In Europe, part of the impetus has been the Accounts Modernisation Directive, which requires an “enhanced director’s report” that can include a discussion of human capital to the extent that directors feel that it is important for a full understanding of the business and its performance.<BR>La présente étude s’attache aux évolutions récemment observées dans la diffusion d’informations sur les actifs incorporels. Selon les conclusions de cette étude, plutôt que de procéder à la restructuration globale du modèle comptable proposée il y a plusieurs années, la tendance a plutôt consisté à combler les lacunes en matière de publication d’informations à l’aide de nouvelles formes de diffusion. Ces nouvelles formes apparaissent en effet mieux adaptées pour appréhender le genre de renseignements que recherchent les utilisateurs de données relatives aux actifs incorporels. Les normes de publication d’informations financières continuent à évoluer, au plan national comme international et de ce fait, elles sont aujourd’hui mieux à même de saisir certaines catégories de données incorporelles. Cela étant, même dans ces conditions, il reste difficile de refléter dans les états financiers traditionnels certains domaines tels que le capital humain par exemple. Les utilisateurs intéressés par des informations sur le capital humain trouvent davantage ce qu’ils recherchent dans des rapports conçus en fonction de leurs besoins et à l’aide techniques de publication d’informations prenant en compte les spécificités du capital humain.
    Date: 2009–01–19
  3. By: De Waegenaere, A.M.B.; Wielhouwer, J.L. (Tilburg University, Center for Economic Research)
    Abstract: The tax depreciation decision potentially has significant impact on the prof- itability of firms and projects. Indeed, the depreciation method chosen for tax purposes affects the timing of tax payments, and, as a consequence, it also affects the after-tax net present value of investment projects. Previous research focusses on the optimal choice of depreciation method under the assumption that the de- preciation method has to be set ex ante and cannot be changed during the useful life of the asset. In reality however, changes are allowed under certain circum- stances. This paper develops a dynamic programming approach to determine the firm’s optimal choice with regard to the initial depreciation method, and whether changes of method are proposed in later periods.
    Keywords: Tax depreciation;Net Present Value;Dynamic Programming.
    JEL: C61 M41
    Date: 2008
  4. By: Bonache, A.; Bessour, M.
    Abstract: Objective. The aim of this article is to show that the audits aren't perfect substitute but additional of management control. Study design. We make out from a literature review and well-known cases some propositions and we search to give credit to our principal proposition with one exploratory case study: the internal audit insufficiency to control alone the organization. The case studied (Total) and the three respondents were chosen relatively to their relevance for our research questions. Results. It could be possible to infer internal audit insufficiency to put alone the organization under control.
    Keywords: management control; internal audit; external audit; internal control; environmental economics.
    JEL: M4
    Date: 2009–01–22
  5. By: Suciu, Marta Cristina
    Abstract: The main aim of the chapter is to provide the readers with a synthesis of the new international framework of debate dedicated to the topics of intangible assets and intellectual capital. Considering the topics of the whole book, this chapter is focussed on the role played by intangible assets and intellectual capital for attaining convergence and for increasing competitiveness. * Study within the CEEX Programme – Project No. 220/2006 “Economic Convergence and Role of Knowledge in Relation to the EU Integration”.
    Keywords: convergence, knowledge-based economy, competitiveness, competitive advantage, intangible assets, intellectual capital
    JEL: E24 I23 I28 J24 O15 O47
    Date: 2009–01
  6. By: Peter C. Dawson (Dallas, Texas); Stephen M. Miller (University of Connecticut and University of Nevada, Las Vegas)
    Abstract: We review and extend the core literature on international transfer price manipulation to avoid or evade taxes. Under negotiated transfer pricing with a viable bargaining structure, including performance evaluation disconnected from the transfer price, divisions voluntarily exchange accurate information to obtain firm-wide optimality, a result not dependent on restraint from exercising internal market power. For intangible licenses, a larger optimal profit shift for a given tax rate change strengthens incentives for transfer pricing abuse. In practice, an intangible's arm's length range is viewed as a guideline, a context where incentives for abuse materialize. Transfer pricing for intangibles obliges greater tax authority scrutiny.
    Keywords: Negociated transfer pricing, licensing intangibles, decentralized MNC
    JEL: F23 H25 H26 L29 O34
    Date: 2009–01
  7. By: Bonache, Adrien; Maurice, Jonathan; Georgescu, Irène
    Abstract: This meta-analysis is a critical comparison of three of quantitative synthesis. It applies some propositions of the Potsdam international consultation on meta-analysis, in the field of management control. Study design. After a traditional narrative review, three meta-analysis methodologies for the synthesis of articles with heterogeneous methodologies and fields are presented. After a short critical presentation of our results with “box score” and p-values combination methods, we show the result of best-evidence synthesis and its stability as recommended at the Potsdam international consultation on meta-analysis. Results. The results of the methods of meta-analysis implemented do not make it possible to conclude without prudence. The link “budget participation-managerial performance” paradoxically seems negative for the articles of better quality.
    Keywords: meta-analysis; budgetary participation; managerial performance; box score method; best-evidence synthesis
    JEL: M49 C89
    Date: 2009–01–21

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