Some thoughts on the future of public sector accounting research and the accounting profession

Some thoughts on the future of public sector accounting research and the accounting profession

Author(s): Rowan Jones / Language(s): English / Issue: 36/2007

The article first reviews the radical changes that have been taking place in public sector accounting since the 1990s: adoption by sovereign government of some form of accrual accounting, promulgation by IFAC of International Public Sector Accounting Standards, explicitly based on then extant IAS, with only minimal changes for the governmental context. Next, it provides synthetic explanations of the nature of national accounting, which is very distinctly different from business accounting, and of budgetary accounting. The author emphasizes the challenges that will apply in future to these types of public sector accounting, as well as the challenge which is in the use of law by sovereign government accounting.

Artificial memories and accounting theory: myth and orthodoxy in accounting

Artificial memories and accounting theory: myth and orthodoxy in accounting

Author(s): Trevor Gambling / Language(s): English / Issue: 36/2007

The greater part of the accounting process is completed before any observable transactions have occurred. This unconscious interior accounting is part of the managerial expertise of those who run an organisation, or the socio-psychological processes of the market economy. There is also a need for a cognitive exterior accounting which is built from the observable transactions of the reporting entity, for concerned non-experts – non-active investors, other stake-holders in the organisation, the State and the general public interest. This cannot make its interior accounting accessible to them – but the exterior accounts substitute a representation of a plausible virtual reality, which provides assurance of the orthodox status of the entity. In the absence of intuitive expertise, any representation is only meaningful if it conforms to a widely-accepted artificial memory – in this case the Generally Accepted Accounting Principles, or GAAP. This is based upon classical economic theory, and does not consider the possibility of organisational failure. „Going concern” is axiomatic in historical cost accounting. The GAAP has evolved over the last 250 years to accommodate the development of new business methods. More recently these have involved sophisticated manipulation of the risk of failure, which has required the single „bottom line” of historical cost accounting to be supplemented by narrative notes and reports. The result is clumsy, but this has not led to any demand for a catastrophic change in the GAAP. This may be due to the increasing significance of „institutional investors”, who engage directly with managers and market-makers, share in their interior accounting processes, and become less dependent on the exterior accounts for their decision-making. This has reduced the attention paid to those accounts overall, and to that extent there is less monitoring of orthodox corporate behaviour in the public interest than in the past. However there is evidence that society itself has evolved, and the monitoring process has been taken over by a variety of general information-services and pressuregroups, often operating across national borders, and through the internet.

Economic leverage – the product of financial model sensitivity analysis

Dźwignie ekonomiczne – produkt analizy wrażliwości modelu finansowego

Author(s): Adam Żwirbla / Language(s): Polish / Issue: 36/2007

The article is an attempt to present the economic leverages phenomena in the new light. The author explain the „essence” of operational, financial and total leverage on the strength of the co-called „leverage attribute”. Then author propose the new methodological treatment and also describe the degree of leverages as functions of sale volume and discuss their particular properties. The last section of article present the author glance at the other methodological suggestions.

The use of budgeting in hospitals – results of empirical research

Zakres implementacji budżetowania w szpitalach – wyniki badań empirycznych

Author(s): Małgorzata Cygańska / Language(s): Polish / Issue: 36/2007

Considering the size of hospitals, specific character of services provided by them, and the requirements imposed by the law, these units need specific methods of management, individually adjusted to their needs. The article presents research results concerning the scope of utilization of budgeting system by hospitals of Warmia and Mazury Voivodeship and the main barriers to successful implementation of budgeting systems in these units.

POLSCY PROFESOROWIE RACHUNKOWOŚCI DOKTORAMI HONORIS CAUSA-PROF. TADEUSZ WIERZBICKI

POLSCY PROFESOROWIE RACHUNKOWOŚCI DOKTORAMI HONORIS CAUSA-PROF. TADEUSZ WIERZBICKI

Author(s): Ignacy Dziedziczak,Adam Nowicki,Zenon Głodek,Jerzy Kisielnicki / Language(s): Polish / Issue: 36/2007

Fixed assets in the balance-sheet prepared under IFRS – the regulatory context and the practice of Polish public companies

Środki trwałe jako szczególny składnik bilansu sporządzonego według MSSF – regulacje a praktyka polskich spółek publicznych

Author(s): Iga Kaczmarczyk,Ewa Walińska / Language(s): Polish / Issue: 36/2007

This article focuses on the basic differences in the measurement and presentation of fixed assets between the Polish Accounting Regulations (PAR) and IAS/IFRS. The first part of the article deals with the potential differences in the above respect (based on the analysis of PAR and IAS/IFRS), while the second part presents the outcomes of the examination of financial statements prepared by the Polish listed companies (the socalled „blue chips”) for financial years 2004 and 2005. The article presents the differences in the recognition of fixed assets between the Polish Accounting Regulations and IAS/IFRS presented by the companies covered by the research, however their detailed analysis is not possible. The analysis carried out confirms solely that the most significant difference in this particular field of reporting practice is the difference in the measurement of fixed assets at fair value rather than at historical cost. The other differences concern evaluation of the gratuitously received rights of the perpetual usufruct of land, valuation under hyperinflation and evaluation of impairment.

Czech Republic: A Raid to Remember

Czech Republic: A Raid to Remember

Author(s): Ky Krauthamer / Language(s): English / Issue: 08/25/2009

Keywords: Czech Republic; police; crime; extremists; neo-Nazi organizations; Vitkov; Roma; attack; Molotov cocktails; visa; Nazi symbols; racism; minority; Ministry of Human Rights and Minorities; Michael Kocab; Interior Minister Martin Pecina; Workers Party

Czech police claim a major blow against violent extremists, and there is hope they may not be overstating the case.

Serbia: Barriers and Borders

Serbia: Barriers and Borders

Author(s): Igor Jovanović / Language(s): English / Issue: 08/25/2009

Keywords: Serbia; Kosovo; Republika Srpska; visa-free travel; EU; travel agency; documents; citizens; embassies; Macedonia; Montenegro; Schengen area; administration; Bozidar Djelic; President Boris Tadic’s Democratic Party; Interior Minister Ivica Dacic;

Serbia has traveled far on the EU’s roadmap to visa-free travel for its citizens but Kosovo and Republika Srpska remain problematic.

Ukraine: Show Us Reforms and We’ll Show You the Money

Ukraine: Show Us Reforms and We’ll Show You the Money

Author(s): S. Adam Cardais / Language(s): English / Issue: 08/25/2009

Keywords: Ukraine; economy; gas; Russia; pipelines; Moscow; EBRD; EU; GDP; presidential elections; Brussels; World Bank; European Investment Bank; energy; Naftogaz; Gazprom; industries; Prime Minister Yulia Tymoshenko; President Viktor Yushchenko;

Can the prospect of Western billions steer Ukraine’s fractious politicians into fixing the gas mess?

Spatial development and contemporary morphogenetic structure of Szadek

Rozwój przestrzenny i współczesna struktura morfogenetyczna Szadku

Author(s): Mariusz Kulesza / Language(s): Polish / Issue: 03/2003

Keywords: spatial development; morphogenetic structure; Szadek

Demographic characteristics of Grzybów

Charakterystyka demograficzna sołectwa Grzybów

Author(s): Mariusz Lamprecht / Language(s): Polish / Issue: 03/2003

Keywords: Grzybów; demography

Changes in municipal waste management at the local level - Szadek commune example

Zmiany w gospodarce odpadami komunalnymi na szczeblu lokalnym - przykład gminy Szadek

Author(s): Jacek Nalewajko / Language(s): Polish / Issue: 03/2003

Keywords: Szadek; waste management

Genealogist's guide to the inhabitant of Szadek

Poradnik genealogiczny dla szadkowianina

Author(s): Piotr Szkutnik / Language(s): Polish / Issue: 03/2003

Keywords: Szadek; genealogy

Spatial and economic charakteristic of Wielka Wieś

Charakterystyka przestrzenna i gospodarcza sołectwa Wielka Wieś

Author(s): Katarzyna Milewska / Language(s): Polish / Issue: 03/2003

Keywords: Wielka Wieś

About how Our Lady saved the treasures of church in Szadek

O tym jak matka boża ocaliła skarby kościoła w Szadku

Author(s): Tadeusz Chróścielewski / Language(s): Polish / Issue: 03/2003

Keywords: Szadek; Our Lady

Spatial diversity of agricultural production in the Szadek commune (in the light of the results of census in 2002)

Zróżnicowanie przestrzenne produkcji rolnej w gminie szadkowskiej (w świetle wyników spisu z 2002 r.)

Author(s): Tadeusz Marszał / Language(s): Polish / Issue: 03/2003

Keywords: spatial diversity; agricultural production; Szadek

On the occurrence and spreading of modern folk and Bosnian root music in North-Eastern Bosnia

O pojavi i širenju novokomponovane i izvorne narodne muzike na području sjeveroistočne Bosne

Author(s): Omer Hamzić / Language(s): Bosnian / Issue: 35/2013

Keywords: Sjeveroistočna Bosna; ruralne sredine; tradicionalna muzika; izvorna muzika; novokomponovana narodna muzika; elektrifikacija; porast standarda; radio; gramofoni;

Autor razmatra pojavu i širenje specifičnih muzičkih izraza druge polovice XX. stoljeća koji doživljavaju veliku popularnost u narodu na području sjeveroistočne Bosne: tzv. novokompovane narodne muzike, koja se formira na bazi tradicionalnih sevdalinki i srbijanskih narodnih pjesama, te tzv. izvorne muzike (komercijalne), koja se razvija iz tradicionalnih seoskih muzičkih izraza sjeveroistočne Bosne. Oba muzička pravca se mijenjaju i stalno iznova oblikuju, u novije vrijeme poprimajući sve više elemenata kiča i šunda.

Homeland characters: Sulejman Devedžić – he has never said "it cannot be done", but "how can it be done"

Likovi zavičaja: Sulejman Devedžić – za njega nikad nije bilo "ne može", nego "kako može"

Author(s): Omer Hamzić / Language(s): Bosnian / Issue: 35/2013

Keywords: Sulejman Devedžić; biografija; in memoriam; drvna industrija Jadrina; komunizam

Podsjećanje na Sulejmana Devedžića, istaknutog privrednika u vrijeme socijalističke Jugoslavije i komunističkog društveno-političkog aktiviste.

Some information about the 18th century fort in Gračanica

Nekoliko podataka o tvrđavi u Gračanici iz XVIII. stoljeća

Author(s): Edin Šaković / Language(s): Bosnian / Issue: 35/2013

Keywords: Gračanica; tvrđava; XVIII. stoljeće; Gradačačka kapetanija; osmansko-habsburški ratovi; fortifikacija; palanke; urbani razvoj;

Osmanska tvrđava u Gračanici, koja se spominje u više različitih historijskih izvora iz XVIII. stoljeća, potpuno je nepoznata današnjim stanovnicima Gračanice. O njoj nije sačuvano narodno predanje, niti se zna mjesto na kome se nalazila. Ovim radom, na osnovu nekoliko podataka iz osmanske arhivske građe, te objavljenih habsburških i drugih izvora zapadne provenijencije, želimo da ukažemo na njezino postojanje, ponudivši ujedno i nekoliko pretpostavki, odnosno mogućnosti kada je i pod kojim okolnostima sagrađena, gdje je bila locirana i kada je porušena, sve u nadi da će to potaknuti ozbiljnija istraživanja u budućem vremenu.

Egzotic Bosnia and Herzegovina and Portals on the Paintings of Fikret Ibričić

Egzotična Bosna i Hercegovina i portali na slikama Fikreta Ibričića

Author(s): Atif Kujundžić / Language(s): Bosnian / Issue: 35/2013

Keywords: Likovna umjetnost; slike; Fikret Ibričić; motivi egzotične BiH; gradovi; pejsaži; prizori; slike portala;

U ovom eseju autor se bavi likovnim stvaralaštvom i djelom slikara Fikreta Ibričića, koje je inspirirano motivima tzv. egzotične Bosne, a posebnu grupu slika čine motivi portala, ulaznih arhitektonskih elemenata i kapija.