Asian Review of Accounting: Volume 3 Issue 1

RECENT ACCOUNTING REFORM IN CHINA

Haoping Chen, Alfred V. Tran

China has undergone significant economic reform since 1978. The transformation from a centrally planned economy to a socialist market economy created the need for corresponding…

LEARNING STYLES IN ACCOUNTING EDUCATION

James Poon Teng Fatt

Learning styles have gained awareness in managerial circles. The learning styles of accountancy students in tertiary institutions cannot be overlooked as they can enable educators…

A CROSS‐CULTURAL MODEL OF INTERNATIONAL ACCOUNTING COMPATIBILITY

Joanne Locke, Greg Tower

A cross‐cultural model of international accounting compatibility is offered by blending Perera's (1989) cultural schema with other dynamic theories. Rahman's (1990) explanatory…

THE USEFULNESS OF CASH FLOW STATEMENTS

H.Y. Hung, Monica Chan, Annie Yhi

Use of cash flow reporting has been in the rise for the past few years to ensure that cash flows are reported in a form that highlights the significant components of cash flow and…

CAPITAL BUDGETING: A FUZZY SET APPROACH FOR DETERMINING EXPECTED VALUE OF CASH FLOWS

Khursheed Omer, Andre de Korvin, Philip H. Siegel

This paper presents an alternative approach to the usual method of computing expected values of cash flows in capital budgeting situations. The approach is based on the more…

AGENCY THEORY: AN APPROACH TO INCENTIVE PROBLEMS IN MANAGEMENT ACCOUNTING

Joshua Ronen, R Kashi, Balachandran

There are two problems when a principal invests capital and hires an agent to do the work. The problems relate to inducing the agent to exert the optimal effort and to effect an…