For the last two decades, juries have been losing their power-and respect. Arbitrators decide cases once heard by juries; legislators cap awards and limit the kinds of cases that can get to court; and judges are more likely to decide the merits of cases and evidence. Now the Supreme Court is showing signs it dislikes the trend.
Mark Curriden
The recent demonstrations in Seattle and Washington, D.C., may have evoked memories of Vietnam protests, but this time the beefs were over arcane trade issues. These activists are focusing on the World Trade Organization and the way it thwarts environmental and human-rights reforms.
John Gibeaut
This article seeks to provide insights about a conceptual objection to current selling price reporting: that, in its determination of asset amounts, such reporting ignores the reporting entity’s prospects (potential, promise, outlook) for achievement of possession of or of access to consumer general purchasing power beyond its achievement to date of such possession or access. The article argues that financial reports should provide (a) information that is helpful to the users to evaluate the prospects of the reporting entity, including financial statement information based on current selling price reporting, (b) a section of the income statement presenting amounts spent during the reporting period to enhance the reporting entity’s prospects,; (c) various kinds of supplementary information to aid the evaluations, such as the kinds discussed in this article. 2008 Accounting Foundation.
Rosenfield, P.Email:paulrfield@earthlink.net
Accounting Standards Division, American Institute of Certified Public Accountants
There is a long-standing concern in the literature about the potential importance of non-observable forms of lobbying that may be used by corporate managers to influence accounting standard setting bodies. To date, however, no study has documented their nature or their volume. This study provides such evidence in the context of the U.K.’s Accounting Standards Board (ASB) standard setting process for the period 1991-96. (more…)
This article investigates the role of political influence, as well as accounting tradition and the equity market, in China’s recent changes in accounting regulation. We find that the Chinese government, in part self-motivated and in part under external pressure, has been active in developing accounting standards in harmony with international accounting standards. However, it has retained a uniform accounting system in the (more…)
This study examined the relation between risk-taking behaviour while driving, the psychosocial function of driving, leisure time activities, car oriented peer group interaction and educational attainment. Two thousand four hundred seventeen drivers aged 18–25, randomly selected from the Danish Driving Licence Register, participated in the study. (more…)
Between 1995 and 2004, 293 passenger car occupants died in collisions with other vehicles in northern Sweden (annual incidence: 3.3 per 100,000 inhabitants, 6.9 per 100,000 cars, or 4.8 per 109 km driven); half of these deaths involved heavy vehicles. (more…)
Pseudorhabdosynochus bacchus sp. nov. (Diplectanidae) is described from thegills of the whitespotted grouper Epinephelus coeruleopunctatus collected off New Caledonia, SouthPacific, and is the first monogenean reported from this fish. (more…)
