Trends in financial management
Article Abstract:
Recent developments in management accounting practices and financial management research are reported. News regarding accounting practices include the release of the Institute of Management Accountants' two new Statements on Management Accounting (SMA): SMA 4AA 'Measuring and Managing Shareholder Value Creation,' and SMA 5E 'Redesigning the Finance Function.' A steering committee of the International Accounting Standards Committee also published a Discussion Paper titled 'Accounting for Financial Assets and Financial Liabilities,' while the International Federation of Accountants released an Expose Draft of revisions to its 'Code of Ethics for Professional Accountants.' Meanwhile, Alfred M. King has just published the book 'The Theory of Constraints and Its Implications for Management Accounting.' It discusses case studies of the application of the theory of constraints in seven manufacturing sites.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1997
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Management accounting practices
Article Abstract:
Institute of Management Accountants (IMA) Clair Raubenstine reassigned Alfred M. King as chairman of the IMA Management Accounting Committee and L. Hal Rogero Jr. as chairman of the Financial Reporting Committee (FRC). The two men originally served as chairpersons of their respective committees in 1995-1996. The FRC recently submitted comments to the SEC regarding the commission's Proposed Amendments to Require Disclosure of Accounting Policies and Qualitative and Quantitative Market Risk Information Inherent in Financial Instruments, which the FRC believed is excessive. The International Federation of Accountants' Financial and Management Accounting Committee has released two new statements on International Management Accounting Practices (IMAP), IMAP 3 and IMAP 7.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1996
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FASB sets 1985 agenda
Article Abstract:
The Financial Accounting Standards Board (FASB) examines and then publishes its technical project plans for the year beginning January 1, 1985. Some projects are planned for the following topics: stock compensation plan accounting, accounting for income tax, financial reporting by nonbusiness organizations, and postemployment benefits. The FASB will maintain the rule forcing U.S. public firms to disclose accessory data on price changes that affect the present cost-constant purchasing power basis.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1985
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