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on Accounting and Auditing |
| By: | Zahid, Haider; Audi, Marc; Ali, Amjad |
| Abstract: | The fast growth of cryptocurrencies and blockchain-based financial systems creates major difficulties for accounting systems because of their problems with asset classification, asset valuation, and asset disclosure. Companies must use managerial judgment for accounting because specific accounting standards do not exist, which creates problems for international financial reporting standards. The study examines the impact of cryptocurrency regulations on financial reporting quality in businesses that deal with digital assets. The data of 200 firms from financial statements, regulatory reports, and financial databases have been collected for empirical analysis. The results demonstrated that both regulatory strength and regulatory clarity enhance financial reporting quality because enforcement mechanisms that are stronger and regulatory guidance that is clearer lead to better reporting practices. The findings show that well-established regulatory systems create clear rules that decrease financial reporting risks that companies might exploit. The outcomes show that audit quality does not impact financial reporting quality because institutional and regulatory factors have a greater influence over cryptocurrency reporting practices than audit quality. The results suggest that policymakers should emphasize the need for improved regulatory systems and the development of specific digital asset accounting standards. The results show that regulatory design determines the financial reporting requirements that developing digital financial systems need for their digital financial systems. |
| Keywords: | Cryptocurrency Regulation, Financial Reporting Quality, Regulatory Clarity |
| JEL: | E42 G18 M41 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:129042 |
| By: | Carol-Anne Loher-Delalune (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement, IAE Angers - Institut d'Administration des Entreprises (IAE) - Angers - UA - Université d'Angers) |
| Abstract: | International Financial Reporting Standards (IFRS) are essential but often perceived as dry and difficult to engage with. Traditional approaches-centered on listing and memorizing standards-fail to spark interest or foster deep understanding. This innovative pedagogical approach develop a game based on IFRS to engage student (and even professional). |
| Keywords: | Accounting Education, Gamification, IFRS |
| Date: | 2025–05–21 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05629542 |
| By: | Karim, Danish; Audi, Marc; Ali, Amjad |
| Abstract: | The study examines the role of Artificial Intelligence in shaping the skill requirements of accounting professionals. The study used structured questionnaires to collect primary data from 200 accounting professionals. The study employed regression analysis to study the relationship between the dependent variable and the independent variables. The study found that organizations using Artificial Intelligence systems in their accounting operations experience operational changes because the systems enable them to automate their repetitive processing work. Accounting professionals now spend more time on advanced analytical tasks because they need to use technological tools for their new work methods. The results show that digital competency and adaptive skills serve as the key professional readiness indicators because employees who possess these skills can better handle modern accounting developments. The study demonstrated that all major study variables exhibit strong interrelationships, which show that three components of technological implementation, task changes, and employee skill development operate as interconnected drivers that cause changes in work roles. According to findings, organizations exhibit distinct patterns of accounting professional transformation through their training programs for accounting professionals who work with technological solutions. |
| Keywords: | Artificial Intelligence, Accounting Profession, Skill Development, Job Transformation |
| JEL: | J6 O3 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:129018 |
| By: | Michaël Sicsic |
| Abstract: | This paper analyses the impact of introducing progressivity into the Hungarian personal income tax (PIT) system on tax revenues, growth and inequality. This reform would strengthen labour market participation by reducing the labour tax wedge for low-income earners and improve the responsiveness of tax revenues to economic growth. Using a framework combining static effects and behavioural responses along both the extensive margin (employment effects) and the intensive margin (substitution and income effects), and accounting for tax buoyancy, the analysis shows that the reform becomes revenue-enhancing once these dynamic effects are considered. Aligning capital income taxation more closely with labour taxation further strengthens tax revenues. The comprehensive reform would raise the tax-to-GDP ratio by 0.4–0.8pp by 2040, depending on the specific reform scenario and assumed parameters. By stimulating employment among low- and middle-income workers and despite moderate disincentives for higher-income earners, the reform would boost potential GDP in all scenarios. The reform would also significantly reduce income inequality and strengthen redistribution. |
| Keywords: | elasticity of taxable income, Hungary, income inequality, labour supply elasticity, personal income tax, tax buoyancy, tax progressivity, tax reform |
| JEL: | H21 H24 H31 J22 D31 |
| Date: | 2026–06–19 |
| URL: | https://d.repec.org/n?u=RePEc:oec:ecoaaa:1868-en |
| By: | Carol-Anne Loher-Delalune (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement) |
| Abstract: | Teaching the history of accounting and finance often faces two primary challenges: • A lack of dedicated curriculum time: historical perspectives are frequently side-lined in favour of technical content. • A student perception of irrelevance: learners struggle to connect historical milestones with contemporary professional practice. To address these hurdles, this project introduces two interconnected yet independent tools: a physical Timeline Card Game and a YouTube podcast series—forming a coherent "phygital" approach to curriculum enrichment. |
| Date: | 2026–05–20 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05629627 |
| By: | Ali, Amjad; Iqbal, Muhammad Adnan Javed; Irfan, Muhammad |
| Abstract: | This paper examines the complex relationship between corporate social responsibility and financial reporting, focusing on how organizations leverage corporate social responsibility initiatives to enhance their financial performance and market competitiveness. Sector-based analysis reveals that strategic corporate social responsibility investments lead to notable improvements in financial indicators such as return on assets, return on equity, and net profit margin. Organizations with high corporate social responsibility ratings consistently achieve greater financial success than those with average efforts, largely due to stronger stakeholder relationships, greater customer loyalty, and effective risk management strategies. Increased transparency resulting from corporate social responsibility initiatives also boosts investor trust and supports sustained market confidence. The analysis further underscores the importance of corporate governance in corporate social responsibility reporting, emphasizing that uniform disclosure standards are essential for accountability and meaningful comparison. Despite challenges related to non-standardized reporting and sectoral differences, the research confirms that corporate social responsibility is vital to financial sustainability and market strength. Corporations that achieve financial success are those that align social responsibility with business objectives, enabling long-term growth while fulfilling ethical obligations. This research offers valuable insights for policymakers, corporate leaders, and stakeholders seeking to enhance corporate social responsibility efforts for both financial benefit and the public good. |
| Keywords: | Corporate Social Responsibility, Financial Reporting, Profitability, Transparency, Sustainable Growth |
| JEL: | L1 L20 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:128749 |
| By: | Cruz, Lizelle Ann |
| Abstract: | Systemic risk remains a key concern for financial authorities, especially in emerging economies where traditional, low‑frequency balance sheet indicators often lag changing conditions. This study develops a high‑frequency Systemic Risk Sentiment Index (SRSI) for the Philippines using news headlines from 2011–2025 and an ensemble of domain‑specific financial sentiment models. Results show that negative sentiment is mainly driven by external‑sector developments, market volatility, and equity‑related news, with surges aligning with global and domestic stress episodes. Empirical tests indicate only modest predictive power for domestic equity returns, and misclassifications highlight challenges in capturing nuances of Philippine financial reporting. Overall, the SRSI is best viewed as a responsive, real‑time barometer that complements conventional systemic risk measures. |
| Keywords: | Systemic Risk, Early Warning Indicators, Sentiment Analysis, Machine Learning, Large Language Model |
| JEL: | C43 C55 E44 G14 |
| Date: | 2026–03–02 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:128944 |
| By: | Ricardo Azambuja (Rennes SB - Rennes School of Business); Lisa Baudot (HEC Paris - Ecole des Hautes Etudes Commerciales); Saori Matsubara (Dokkyo University); Takahiro Endo; Dana Wallace (UCF - University of Central Florida [Orlando]) |
| Abstract: | Existing scholarship documents how, in becoming a professional, such as a partner in a professional services firm (PSF), one's habitus comes into alignment with field expectations. Less understood, however, is what happens to habitus and, relatedly, to professionals' accumulated cultural, social, and economic capitals, as individuals 'unbecome' a professional and transition away from the field. We examine this overlooked phenomenon via individual and focus group interviews with partners retired from PSFs in Japan and the USA. We find that, in unbecoming a professional, aspects of ex-partners' habitus may be misaligned with the field they operate in, prompting a hysteresis effect. The lack of fit of habitus with one's current circumstances is induced by ex-partners' nostalgia regarding accumulated capitals, that is, wistful memories capable of structuring present and future actions. By demonstrating how nostalgia informs ex-partners' experience of the hysteresis effect, this paper contributes to understandings of the importance of memory when detaching from one's profession. Furthermore, given that our investigation is carried out across two distinct cultural settings, we also theorize how country-specific historical work arrangements may condition memory in professionals' unbecoming from PSFs. |
| Keywords: | memory, nostalgia, social capital, unbecoming, hysteresis effect, habitus, economic capital, cultural capital, Bourdieu, accounting professionals |
| Date: | 2024–10–14 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05628672 |