History matters: lessons from twenty-five years of the European Accounting Association

Drawing on a number of primary sources (e.g. the minutes of the meetings of the governing bodies of the Association, EAA publications and congress proceedings), this study outlines the undertakings of the European Accounting Association (EAA) from its inception to the present. Examination of available evidence suggests that the activity of the EAA may be explained by the concomitant effect of institutional, organizational and individual factors. It was found that the EAA made considerable progress in: facilitating networking among European accounting scholars; increasing commitment towards high-quality research; incorporating into its structures and activities the notion of diversity; increasing reputation of its annual congress; and substituting its initial Anglo-Saxon-northern European dominance by a more comprehensive European focus. The EAA, though, faces some challenges in the near future: consolidation in southern Europe and other peripheral countries; penetration in eastern Europe; eventual re-definition of its aims and scope in a globalized world; eventual re-definition of the size and scope of its annual congress; and a more prominent role of women in executive posts.     

The true and fair view override in the European Accounting Directives

This paper looks into the origin of the true and fair view override in the European Accounting Directives. It explains the meaning of the true and fair view override within the context of the Directives and how this principle has been implemented by the Member States of the European Union. The paper also compares the true and fair concept adopted in IAS 1 with the similar concept contained in the Accounting Directives. The paper concludes by emphasizing the usefulness of the true and fair view override within the context of an accounting regime based on a conceptual framework.     

Britain and the European Monetary System: an American Perspective

How strong is the Case for Britain's entry to the ERM? Christopher Culp, of the Competitive Enterprise Institute in Washington, argues that the case for British entry is far from clear.     

At the receiving end of supply network intervention: The view from an automotive first tier supplier

As companies are increasingly responsible for all ingredients that make up their products, the requirement to increase visibility and exert control over the entire supply network has been identified as key imperatives. However, little research to date has examined the consequences of supply network control on the suppliers that are at the receiving end of it. This paper reports on research into the dynamics of supply network intervention and the effects on the companies that are subject to attempts to control a supply network, particularly in the context of new product development. The paper discusses the case of an automotive component supplier and its role in a specific vehicle development project. The case study shows how the supplier was a victim of its customer's attempt to ‘supply chain manage’ the project, giving the supplier little control over key activities such as the choice of suppliers of key components and little influence on commercial and technical agreements. The perspectives of both vehicle manufacturer and supplier are debated to reveal the drivers for and problems associated with supply network intervention. The paper discusses the theoretical and managerial implications of the study and concludes by raising some serious questions about the negative effects of intervention strategies.     

欧美会计从国际协调向国际趋同过渡及其对中国的启示

由于国际会计准则主要基于英美会计模式,欧美会计向国际趋同过渡受到冲击最大的是大陆法系国家,它们受会计规范的法律层次、会计与税收的紧密联系的影响,其过渡只能是渐进的。而部分趋同又不可避免会增加会计处理方法的选择和降低财务报表的清晰度。在过渡期它们的会计学界也对国际会计准则制定的依据,包括"概念框架"的缺陷,会计确认依据不当等提出了质疑。对比欧美国家,中国会计与国际趋同的最大优势是"一张白纸,没有负担",国家监控强而有力,经济国际化构成长足的动力。而不利条件是会计职业队伍在质和量上的差距,对"公允价值"的实践缺乏最起码的经验,以及面对国际会计准则本身的动态变化引起的困难。     

Accounting and capital markets: a survey of the European evidence

The relationship between accounting information and capital markets has been the subject of numerous studies, especially in the US. The purpose of this article is to examine the corresponding evidence in Europe. This review classifies the European literature into three groups: studies of the market reaction to newly released accounting information; studies of the long-term association between stock returns and accounting numbers; studies devoted to the use of accounting data by investors and to the impact of market pressure on accounting choices. The paper reviews and summarizes the main results related to each of these topics. It also addresses some methodological issues and provides suggestions for future research.     

会计报表附注与财务分析的关联

财务报告贵在真实,重在分析。要对一家企业出具的财务报告进行分析,其中重要的一项就是对报告相关联的会计报表附注进行通俗易懂的、重点突出的、分析深入的、术语准确的分析。报表附注反映的就是企业生产力和生产水平之外的变动因素,要做到对会计报告准确的分析并做进一步的预测,就要对变动因素有效地进行控制或者全面的考虑,以便及时的报送企业决策者或者投资者做投资参考。     

From newsletter to academic journal: creating the European Accounting Review

This paper looks at the evolution of the European Accounting Review as the journal of the European Accounting Association. It provides an historical background to the launch of the journal in 1992, and traces how the European Accounting Review has developed to be a widely accepted academic journal in accounting. The journal tried at one and the same time, and managed with some success, to fulfil several different functions: to be an academic journal, a newsletter for the members and a place for debate on European accounting regulation. It seems that one of the main reasons that this was possible was the way EAR grew out of earlier initiatives by the EAA such as the Newsletter, the annual doctoral colloquium and the EIASM accounting workshops. The journal was thus a product of the development of a community of accounting researchers in Europe. In turn it began to play a constructive role in contributing to the further development of the accounting research community in Europe. During its first decade, the period on which our analysis concentrates, the European Accounting Review has acted to develop the idea of European accounting research in a research environment which has tended, at the international level, to be dominated by the Anglo-Saxon countries. EAR has tried to become a journal for European academics, and to be sensitive to European issues while being published in English. Being published in English, it thus directly competes for submissions and for readers in the global market for accountancy journals. In this way it has acted as one of the catalysts in the process of internationalization of the European academic accounting community. After the reform of 1999, the structure and aims of the journal are now more tightly focused on being a successful academic research journal, and less on playing a role as a forum for information and discussion. In this article we hope that we can contribute to celebrating the 25th anniversary of the EAA and reflect on EAR 's future role in a world where the focus in both research and practice in accounting is more and more at the ‘global’ level.     

东南亚国家联盟与欧盟、北美自由贸易区之比较

东南亚国家联盟现已经成为很有影响的多边经济合作组织.在很多方面,它不同于欧盟、北美自由贸易区这两个区域经济一体化组织.这种差别体现在组织内成员国之间的地缘亲和力、经济优势的互补性、组织的发展历程、组织的运作机制、区外合作模式以及内部关系等方面.     

美国资本市场会计监管改进及对我国的启示

萨班斯法案及相关配套监管规则的出台,标志着美国资本市场会计监管进入一个新的时代。准政府监管模式、强化会计责任追究、确认新COSO框架、实施财务报告内部控制有效性评价等,是美国新会计监管框架的基本要素。美国会计监管体系的改进,对我国建立健全会计监管体系有重要的借鉴意义。本文就如何建立符合中国国情,又保持与国际趋同的会计监管体系提出了相关建议。     

Accounting and financial audit harmonization in the European Union

The article reviews the evolution of financial reporting in the EU and considers how this is likely to affect auditing in the future. The analysis shows how the European Commission has recently concentrated its harmonization focus on the consolidated accounts of listed companies and the use of International Accounting Standards. The move towards internationally harmonized reporting seems likely to require auditing to be harmonized throughout Europe, which seems to impact recent national auditing standards. It is probable that this trend will continue and in the short term will cause changes in the arrangements for external overview of the audit and in national auditor independence rules.     

A Brief History of the American Economic Association

The 20^th‐century American economics profession and its leading professional organization—the American Economic Association (AEA)—were privileged and shaped by the federal government's need to direct resources and to call on experts. Bureaucratic tendencies to classify and count had an impact on the discipline's self‐concept, the articulation of subdisciplines, and the establishment of multiple research agendas. They also powerfully framed the strategies for growth and development formulated and deployed by the AEA itself. A consensus of professional opinion and the standardization of curriculums emerged out of the involvement of economists and the AEA with governmental affairs. At the same time, such public engagement was fraught with risks and contradictions—posing challenges and difficulties with which the AEA and the profession would have to contend for decades to come.     

美国会计名人堂:六十年的概览与评析——兼及中国会计名人堂建设的思考

2010年是美国会计名人堂设立六十周年。六十年间,先后有85位会计理论与实务先驱入选。不同时期入选的会计名人,在20世纪不同的会计领域里,均为会计发展做出了杰出的贡献。研究美国会计名人堂入选会计名人的构成特点,对于建设中的中国会计名人堂具一定借鉴意义。     

Making European Managers: an Overview

John Storey, the Guest Editor of this special issue, is Senior Lecturer and Director of the Human Resource and Change Management Research Unit at Loughborough University. In this introductory article he reviews the wide span of issues raised by the idea of ‘Making European Managers’ and he places the contributing articles in context. This scene-setting piece organises the literature into two main blocks: first, the analyses of the competencies required by those who manage transnationally, and second, the analyses of the contrasting ways in which managers are made in the different European countries.