A critical theory and postmodernist approach to the teaching of accounting theory

[Abstract]: This paper outlines my teaching philosophy for the Accounting Theory subject. A Critical Theory and Postmodernist approach is recommended, which makes full use of non-accounting 'tangential material' (Boyce, 2004) and material from popular culture (Kell, 2004; Nilan, 2004). The paper discusses some classroom interactive activities, as well as interview results from interviews conducted with eleven international students and one Australian student at Charles Sturt University. The teaching approach proposed in this paper is to conduct classroom interactive activities which study theories and research results from a range of disciplines in order to illustrate key points that apply equally as much to accounting theories and the accounting research process, e.g. the Positive/Normative dichotomy. Classroom interactive activities are discussed in class using the 'dialogical approach' to education recommended by Freire (1996), Kaidonis (2004), Boyce (2004), and Thomson and Bebbington (2004). Once students gain experience in studying material from outside accounting, the interview results suggest that they are then better motivated (Wynder, 2006) and better equipped to study and evaluate accounting theories

Did the goodwill accounting standard impose material economic consequences on Australian acquirers?

This research explores the empirical association between takeover bid premium and acquired (purchased) goodwill, and tests whether the strength of the association changes after the passage of approved accounting standard AASB 1013 in Australia in 1988. AASB 1013 mandated capitalization and amortization of acquired goodwill to the income statement over a maximum period of 20 years. We use regressions to assess how the association between bid premium and acquired goodwill varies in the pre-AASB and post-AASB 1013 periods after controlling for confounding factors. Our results show that reducing the variety of accounting policy options available to bidder management after an acquisition results in a systematic reduction in the strength of the association between premium and goodwill

Cross-cultural impact on the budgeting cycle: a preliminary analysis of Anglo-American and Libyan companies operating in Libyan oil sector

[Abstract]: Globalization is causing the rapid integration of markets, nations, and technology, which facilitates faster contact between people, corporations, and nations. However, there is a failure to notice cultural differences that exist between workforces across nations. Thus all staff needs to have cultural sensitivity, which could be helped by studying cross-cultural differences. Current understanding of how and why specific budget aspects and budgeting processes are different could be attributed to cultural differences. This study utilizes societal cultural dimensions identified by Hofstede to identify differences in budgets and budgeting process between Libyan and Anglo-American companies operating in Libyan oil sector. Some preliminary analysis is discussed

Behind the facade

I shall simply begin my introduction to a literary masterpiece with a letter sent to me by a client. His name has been changed to protect his privacy. Dear Dr. Algernon, I am Balan. I am a factory worker of Singapore Inc. We produce all types of electronic stuff including radios and hand phones. Recently, I got into big trouble at the factory and I am worried I may lose my job. I was accused of defamation and of disloyalty and everyone hates me now. .....Dr. Algernon, I am confused. Am I a disloyal worker or just someone who's afraid of rocketing costs? Reply Well, my dear Balan, I do not think you are being disloyal at all. You were simply a product of Skinnerian conditioning. B.F. Skinner, a behaviourist, believed in operant conditioning which is a method of learning that occurs through rewards and punishments for behaviour

Proterozoic crustal growth in the southeastern Gawler Craton: the development of the Barossa Complex, and an assessment of the detrital zircon method

The Barossa Complex, southeast Gawler Craton, South Australia, forms the southeastern-most exposure of pre-Neoproterozoic crust in Australia. Understanding the geodynamic evolution of this area can improve paleogeographic reconstructions of the economically significant Gawler Craton, as well as global reconstructions in the Proterozoic. The first part of this thesis addresses the geological development of the Barossa Complex during the Palaeo-Mesoproterozoic. The Barossa Complex is composed of metasedimentary and metaigneous gneisses. These include calcsilicate, quartzofeldspathic, psammopelitic, and pelitic gneisses. In the northern inliers, the protoliths to these gneisses are indicative of a progressively deepening basin. Syndepositional felsic orthogneisses and mafic amphibolites indicate a tectonically active basin. Deposition of the metasedimentary protoliths to the Barossa Complex occurred between 1730-1655 Ma, synchronous to the onset of the Kimban Orogeny in the Gawler Craton and the deposition of the Willyama Supergroup in the Curnamona Province. U-Pb and Hf isotopic analyses from detrital zircon indicates sediment was largely derived from the Gawler Craton. Syndepositional granite intrusions occurred in the northern extent of the Barossa Complex at 1717 ±7 Ma. Metamorphism initiated in the Barossa Complex at c. 1630 Ma with the development of a low angle metamorphic fabric. Peak granulite conditions of approximately 8-9 kbar and 800-850 °C occurred at c. 1590 Ma in the southern Barossa Complex. The northern Barossa Complex preserves lower grade metamorphic features and c. 1600 Ma zircon with hydrothermal Rare Earth Element (REE) signatures, which are potentially linked to the Hiltaba event in the Gawler Craton. Post peak metamorphism continued until c. 1550 Ma and is associated with retrograde shear zones in the southern Barossa Complex, and late pegmatites in the northern inliers. The Barossa Complex shares a depositional and metamorphic history with the Willyama Supergroup in the Curnamona Province and Mt. Isa Inlier basin sequences, and was part of a transcontinental plate margin system during the Late Palaeo- Early Mesoproterozoic. East dipping subduction was the likely driver for extensive rift basin development across the eastern margin of Proterozoic Australia before the Isan-Olarian Orogeny inverted these basins. The Barossa Complex is the southern-most exposure of this system. The second part of this thesis addresses the use of detrital zircon in modern sediment as a means of characterising the bedrock of a catchment area, which has been used previously in the Gawler Craton and Curnamona Province. In the Broken Hill area of the Curnamona Province, stream sediments were sampled from drainage pathways with catchments that have stratigraphically and chronologically well characterised bedrock lithologies. Zircon ages from the modern sediment found up to 30% of the zircons were significantly younger than what expected from the bedrock sources (>1.6 Ga). Aeolian dune sands from the Strzelecki Desert to the north of the study area are found to contain zircon with U-Pb and Lu-Hf isotopic compositions matching the ‘exotic’ zircon populations in Broken Hill. Aeolian detritus is considered to have contributed zircon to the stream sediments in Broken Hill, and should be considered in any study utilising modern detritus in arid environments. Detrital zircon provenance studies of the geological record should be interpreted cautiously if aeolian input may have occurred.Thesis (Ph.D.) (Research by Publication) -- University of Adelaide, School of Physical Sciences, 201

The Punk Rock Politics of Joe Strummer. Radicalism, Resistance and Rebellion. By Gregor Gall. Manchester: Manchester University Press, 2022. 295 pp. ISBN 978-1-52614-898-8

[abstract not available

Director remuneration and performance in Malaysia family firms: an expropriation matter?

This study examines the relationship between director remuneration and performance in Malaysia family firms. The proxies of director remuneration include fees, salary, bonuses, and benefits of kin. The proxy for family firm is a dummy variable that is one (1) if the firm is a family firm and zero (0) is a non-family firm. The dependent variable (performance) is measured by ROA and ROE. A panel analysis of 537 firms from 2007 and 2009 finds that the relationship between director remuneration and performance is significantly positive. This suggests that the remuneration driven board motivation to enhance performance. Furthermore, this study does not find evidence the family firm manipulated a power and control for personal wealth