Accounting

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Accounting, valuation and duration of football player contracts
Author(s): Gilad Livne, Cass Business School
Topic: Accounting Industry: Creative Industries Type: Research Papers

We use a unique setting of the UK football industry as a laboratory to examine howfirms invest in employee training programmes to increase their human capital and firM productivity. Specifically, we ask: does investment in purchasing football player contracts pay off?

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Updated: 06/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 421

The accounting statements of global financial institutions and the recent crisis
Author(s): Gilad Livne, Alistair Milne, Cass Business School, Brandon Davies, Global Association of Risk Professionals and Gatehouse Bank
Topic: Accounting Industry: Banking Type: Commentary/Analysis

The paper looks at major issues associated with accounting policies and standards which affected the banking sector in the run-up to the financial crisis.

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Updated: 03/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 173

Value driving activities in Euro-zone banks
Author(s): Helena Isidro, Cass Business School, David Grilo, ISCTE Business School, Portugal
Topic: Accounting Industry: Banking Type: Research Papers

The paper develops and tests accounting-based valuation models for commercial banks. Based on Begley et al. (2006) framework we propose a valuation model where goodwill is generated by virtually all commercial and investment banking activities.

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Updated: 28/08/2010 | Comments: 0 | Rating: Not yet rated | Views: 10

Firm incentives, institutional complexity and the quality of “harmonized” accounting numbers
Author(s): Helena Isidro, Ivana Raonic, Cass Business School
Topic: Accounting Industry: Any Industry Type: Research Papers

This study attempts to separate influences of accounting standards from those of financial reporting incentives on the quality of accounting numbers.

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Updated: 06/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 14

The value-relevance of financial statement recognition versus note disclosure: evidence from goodwill accounting
Author(s): David Citron, Cass Business School, Khaled Aljifri, United Arab Emirates University
Topic: Accounting Industry: Banking Type: Research Papers

This paper examines the issue of the relative significance of financial statement recognition and note disclosure in a new context by exploiting the U.K. regulatory environment where old pre-FRS 10 goodwill continues to be disclosed in the notes to the accounts at the same time as new post-FRS 10 goodwill is capitalised. It thus uses a within-firm research method to examine the relative significance of the two goodwill amounts. The analysis is based on a sample of 243 non-financial firms containing amounts of both recognised and disclosed goodwill in their 2002 financial statements.

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Updated: 06/09/2010 | Comments: 1 | Rating: 1/5 | Total ratings: 1 | Views: 340

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