Showing papers on "Accounting period published in 2010"

Tracking Costs of Time and Money: How Accounting Periods Affect Mental Accounting

Abstract: After people incur costs to get future benefits, they usually track these costs in their mental accounts and are keen to receive the benefits when they become available. We introduce the notion that costs and benefits can occur either in the same accounting period (day, season, etc.) or in different periods. Our key argument is that monetary costs are tracked across accounting periods but that temporal costs are written off at the end of the period in which they are incurred. Thus, accounting periods lead to a time-money asymmetry in the tracking of costs and, consequently, in the likelihood of seeking benefits. In a laboratory study, an online-panel study, and a field study with movie-theater patrons, we demonstrate how this relationship among accounting periods, cost tracking, and benefit seeking is different for time than for money. Our findings offer insights into the sunk-cost effect, time-money differences, and mental accounting.

Firm Size on Profitability: A Comparative Study of Bank of Ceylon and Commercial Bank of Ceylon Ltd in Srilanka

Abstract: The banking organizations, today, is moving towards the goal of integrated financial services because of the strong competition and quick changes of technology. In developing countries like Sri Lanka, banking organizations provide fund for other organizational developments. The financial sector in Sri Lanka started as a part of their overall economic plans and growth. Accordingly the banking sector is considered to be an important source of financing for most businesses. This study is initiated to effect of the firm size on profitability of virtually all the branches of Bank of Ceylon (BOC) and Commercial Bank of Ceylon Ltd (CBC) with 10 years accounting period: 1997-2006.Correlation analysis shows that, there is a positive relationship between Firm size and Profitability in Commercial Bank of Ceylon Ltd, but there is no relationship between firm size and profitability in Bank of Ceylon.

Del sentido de lo público en la contabilidad pública

Abstract: The generations of six decades were formed and consolidated in the tradition that seconded the accounting to the legal, and then move to the economic, emphasis that increasingly becomes more prevalent. In the present elucidate the component and a sense of the public accountant, is of vital importance to display the interdisciplinary relationship with problematic as the environmental and social responsibility, matters of importance to its interdisciplinary development and for the survival of the public accounting in a context as the current, which claims to reduce it to an unconditional adviser profession of the financialisation of life.This significance and sense of the accounting has been taken as indisputable canon of the accounting spectrum disciplinal, ignoring other areas of it, such as historic, cultural, moral, environmental, professional responsibility, etc., that occasionally earn some mention marginal, almost always as purpose of some corporate –government scandal.The paradox of the boom economis accounting in the ' globalizing era', is the nature of crises that fits the development of the public accounting, for apparently it is immersed in a dynamic of complaints-improvements, new complaints-new improvements, forthcoming complaints- forthcoming improvements. Meanwhile, the bases of the discipline and the profession, according to some experts in the item, reveal cracks (some talk of crisis).The present written aims, since the previous situation, get closer to the topic of the public as an ingredient of the accounting; arise as a possible convergent factor on the crisis and feasible referent of solution. It is an optimistic purpose, but this utopia becomes an alternative to the young values of the accounts identifying in the public of the accounting its reconstitutive potential. The aim is to go in the footsteps of transfer accounting to find recondite senses of its make, the report that served as concerning societal through generic abstractions, as for example the course of the 'entity' as regards special of its actions, or the 'accounting period' as regards temporarily, at the dawn of a world based on the potential of the private initiative of the capital, in the specificity business, in the prospect of limits where the assessment on the profitability basis the good judgment. It also makes a reference to the public and private dimension as rating categories in the field of accounting.