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Full-Text Articles in Business
An Abstract Of "International Accounting Disclosure Standards", Shelley Loberg
An Abstract Of "International Accounting Disclosure Standards", Shelley Loberg
Honors Theses, 1963-2015
My thesis examines similarities and differences of disclosure standards from three different countries in three different areas from one multi-national corporation. 1995 financial statements from honeywell Incorporated, the United States parent company, and two Honeywell subsidiaries, one each located in the United Kingdom and Australia are examined for disclosure of accounting policies, accounting for contingencies and accounting for goodwill. Comparisons are given for the standards themselves, as well as the accounting policy chosen by each company. International Accounting Standards are also compared for the three disclosure areas. Comparability, especially for potential investors, is the main focus of harmonizing accounting disclosure …
Where The Guesswork Ends And The Accrual Begins: Environmental Remediation Liabilities And Their Effects On The Managerial Decision-Making Process, Corie Sue Dumdie
Where The Guesswork Ends And The Accrual Begins: Environmental Remediation Liabilities And Their Effects On The Managerial Decision-Making Process, Corie Sue Dumdie
Honors Theses, 1963-2015
Environmental remediation is not new, but accounting for the costs of such a process is. In 1996, the first authoritative literature on accounting for the costs of cleaning up environmental degradation were established, and they gave insight into the accounting treatment for environmental remediation liabilities (ERLs). The aim of the thesis is to explain the new accrual methods for ERLs and show their importance as they have influenced many managerial philosophies. The thesis also examines some of the weaknesses of ERLs and illustrates possible changes for the future. The most important aspect of ERLs is that they have helped management …
Passive Activities: An Explanation Of Legislation And Real Estate Tax Planning Strategies, Greg Schlaefer
Passive Activities: An Explanation Of Legislation And Real Estate Tax Planning Strategies, Greg Schlaefer
Honors Theses, 1963-2015
Tax shelters were a sought-after investment in the early and mid 1980's and stil are today. Investments in real estate were commonly tax-shelter type investments. Real estate investments allowed investors to make capital investments up front and depreciate the property quickly, which resulted in losses that would reduce taxable income. However, the passive activity regulations activated through the Tax Reform Act of 1986 minimized the usefulness of these shelters and significantly affected the real estate industry. The passive laws were refined through regulations issued in 1988 and 1989, and the Revenue Reconciliation Act of 1993. The passive classification losses from …
Environmental Accounting: An Analysis Of Environmental Liabilities, Mark Evans
Environmental Accounting: An Analysis Of Environmental Liabilities, Mark Evans
Honors Theses, 1963-2015
I have identified the environment as our most important asset and have illustrated how the role it plays in our lives has undergone a metamorphosis. This change in the way we interact with the environment has magnified the accountant¹s deficiency in reporting environmental liabilities. Fortunately, these deficiencies are beginning to be recognized. Changes in environmental accounting will validate the relevancy and reliability of information as well as foster positive environmental practices. Through the influence of consumers, investors, and policy makers, companies will be forced to adapt new accounting procedures. In reporting and recording the social costs that businesses occur, a …
Understanding Postretirement Benefit Accounting, Paul Northway Wilmesmeier
Understanding Postretirement Benefit Accounting, Paul Northway Wilmesmeier
Honors Theses, 1963-2015
No abstract provided.