With the method of theoretical analysis, this thesis, systematically analyzed the limitations of the present theory of accounting in recycle economy and the reasons for that, analyzed the characteristics of accounting in recycle economy, and, according to the internal demand of recycle economy, put forward brand new development orientation of theory of accounting that would be suitable for recy...

In our everyday lives, we create massive amounts of data. But how much does it really cost to store data? With ever decreasing cost of storage media, a popular misconception is that the cost of storage has become cheaper than ever. However, we argue that the cost of storing data is not equal to the cost of storage media alone – rather, many often ignored factors including human, infrastructure,...

Article history: Received 17 January 2006 Received in revised form 10 January 2007 Accepted 29 January 2007 Available online 26 March 2007 As coastal disasters become more frequent and costly, a full assessment of costs becomes more important. This paper aims to identify costs of coastal disasters to human, social, built and natural capital and their associated services at the local site of a d...

This paper is to show clearly the real image of German cost accounting at the beginning of the 20 century. A.Messerschmitt and E.Schmalenbach played important roll in the establishment of German cost accounting. Messerschmitt worked as an engineer and a factory manager (entrepreneur). Messerschmitt expressed almost all cost elements as the percentage of labor costs in order to estimate unit pro...

This paper studies accrual accounting and equity valuation in the context of a firm that makes repeated and overlapping investments in productive capacity. The analysis identifies a particular accrual accounting (depreciation) rule which is termed replacement cost accounting because the book value of existing capacity assets is set equal to the value that such assets would have if a competitive...

This study examines the contracting benefits of accounting conservatism on international debt and equity markets. Results show that firms domiciled in countries with more conservative financial reporting systems have significantly lower cost of debt and equity capital, after controlling for differences in legal institutions and securities regulations. I use one-year-ahead interest rate to measu...

This paper examines risk-taking incentives in banks under different accounting regimes with capital regulation. In the model the bank’s decisions of capital issuance and investment policy are jointly determined. Given exogenous minimum capital requirement, the bank is more likely to issue equity capital in excess of the minimum required level and implement less risky investment policy under eit...

Grid computing is the key technology of next generation Internet. Today grid research is mostly focus on the communication, security, resource manangement and information management. Charging and accounting is a base activity in a economy society, so that it should become a part of grid computing system in computational economy environment. In this paper, we introduce charging and accounting it...

I build a model of neoclassical production to examine the capital market and welfare effects of a uniform accounting standard (like IFRS). Firms vary in their cost of compliance to the standard, and investors vary in their cost of learning diverse standards for capital allocation. I show that a uniform accounting standard increases the quantity of capital in the economy and lowers the cost of c...

In recent years, the application of Activity-Based Costing in Port industry has been deeply researched in theory and practice, but researchers only concentrate on the bulk and general cargo’s ABC in loading and unloading operations and there is little about the liquids and chemicals’. Based on the liquids and chemicals’ handling process and the particularity of their cost accounting, the paper ...