Search results for "Cost accounting"

Scope-Oriented Thermoeconomic analysis of energy systems. Part I: Looking for a non-postulated cost accounting for the dissipative devices of a vapou…

2010

Abstract The authors of the main thermoeconomic methodologies developed in the last two decades have recently focused their efforts on the analysis of dissipative devices, i.e. those components whose productive purpose is neither intuitive nor easy to define. Coherent and unanimously accepted cost structures have been identified for dissipative components, while ambiguities still exist as concerns the cost allocation principles to be adopted. Being this aspect evidently cost-influencing, accurate analyses focused on the subjectivity of results are needed. This paper is structured in two parts. In the Part I an in-depth study of some critical issues arising from the thermoeconomic analysis o…

Struggling for the New Role for Business Controller

2008

The recent discussion on changes in the controller's role has mainly focused on the national and organizational level culture aspects of that professional role. While earlier studies have demonstrated how the role changes have been stimulated by corporate culture, IT systems, new accounting technologies and interprofessional competition, we contend that such changes cannot be achieved without active individuals in organizations. Our study is informed by the concept of institutional entrepreneurship, concentrating on changes in institutions, such as professional roles, which are achieved by an active agency. Thus we concentrate on the individual level by tracing how the role of a single cont…

The Model of Possible Web Data Retrieval

2015

In the Dempster-Shafer's theory of evidence, for incorporating uncertainty, the valuation assigns to the data tables the degrees of belief for these data. Firstly, we are looking for the answers to the following questions. Is there a valuation-based system in which combination and marginalization operate on valuations? Has this system prosperities analogical to the t-norm system? In the t-norm system of the valuation for the specific database attributes configuration can be described the algebra of possible data set in which can be interpreted the Information Retrieval Logic.

Exergy analysis and thermoeconomic cost accounting of a CHP steam cycle integrated with MED-TVC desalination

2016

In this paper exergy analysis and thermoeconomic cost accounting of a CHP steam cycle integrated with MED-TVC plant is performed; the purpose is to show how this methodology provides a rational criterion to allocate production costs on electricity and freshwater. After a brief overview on methodology and a description of reference plant, exergy analysis is carried out in order to calculate exergy flows and plant exergetic performance. A detailed description of the adopted thermoeconomic model is given. Cost accounting is performed considering two scenarios: in the first, the concentrated brine is disposed back to sea, thus being its exergy content definitively wasted; in the second, convers…

Economic income, historical costing income and conservatism

2020

The paper intends to contribute at the debate on the ‘Evolutionary Advantage of Cost Accounting and Conservatism’ ( Accounting, Economics and Law: A Convivium, 2019. 9. issue) , founded on Braun’s study (2016) about The Ecological Rationality of Historical Costs and Conservatism. Moving from the IASB Conceptual Framework (2013) it stresses the renewed interest in income concept. The economic financial crisis of 2008-9 stimulated discussions between the traditional ‘received view’ of ‘cost-revenue approach’ (historical cost accounting) and ‘balance-sheet approach’ (‘current values’ and ‘present values’, that is ‘economic values’). Revaluations of assets, liabilities and owners’ equities are …

Combinatorial Double Auction Radio Resource Allocation Model in Crowd Networks

2018

International audience; Industrial Partners (IPs) with Mobile Network Operators (MNOs) are extending the mobile network infrastructure with Small Cells (SCs) in order to meet the growing mobile traffic demand. Due to the increasing number of telecommunication market competitors and the scarcity of radio resources, static sharing schemes are no more efficient. New dynamic schemes should be considered to meet both user expectations and economic success. In a crowd networking context, we propose in this work a dynamic radio resource scheme based on combinatorial double auctions. The participants in these auctions are the MNOs considered as buyers and the IPs, providers of SCs, considered as se…

Environmental accounting as a tool for SMEs in environmentally induced economic risk analysis

2000

On the Persistent Understatement of Shareholder's Equity Around Europe

2003

We examine the existence of balance sheet conservative practices by listed companies in seven European countries, analysing the differences among them. Our results show that in every country under study there are conservative practices that lead to a persistent understatement of operating assets with respect to market value. This understatement could be mainly attributable to the usage of historic cost accounting as well as to the non-recognition of certain intangible assets. We also find that in code-law based countries balance sheet conservative practices are much more pronounced. Additionally, we analyse whether our results are influenced by a different sample composition, and if spuriou…

The experience of knowledge in everyday accounting: a study of Finnish accounting managers

1995

The paper offers an ethnomethodological-phenomenological description of the everyday cost accountant's life-world in Finnish companies. This empirical study is based on qualitative research interviews which provide rich data on this phenomenon and offer a starting-point for interpretation. As a result of interpretation a picture emerges of how the everyday accountant seems to acquire the experience of knowledge. ‘The experience of knowledge’ is used to refer to ethnomethodological-phenomenological perspective which means that the constitution of practical accounting knowledge is seen as an accomplishment which is based on an individual sense-making process. This process and its elements are…

Lower and Upper Bounds of Manufacturing Cost in FMS

1993

Abstract The use of traditional techniques of product costing, cost control and performance evaluation in advanced manufacturing environment supplies poor results to operations management. In this paper, after a brief review of the major drawbacks of traditional machining economics, a new framework for product costing will be presented. The basis of the proposed approach lies on an analysis of the production process aimed at single out proper cost drivers for the use of the various employed manufacturing resources. As a consequence, the quota of the manufacturing cost of uncertain allocation is drastically reduced. A lower and an upper bound value of the unit production cost are also define…