RUcore: Rutgers University Community Repository
On the formalization of accounting standards
Descriptive
TitleInfo
Title
On the formalization of accounting standards
Name
(type = personal)
NamePart
(type = family)
Krahel
NamePart
(type = given)
John Peter
NamePart
(type = date)
1985-
DisplayForm
John Peter Krahel
Role
RoleTerm
(authority = RULIB)
author
Name
(type = personal)
NamePart
(type = family)
Vasarhelyi
NamePart
(type = given)
Miklos A
DisplayForm
Miklos A Vasarhelyi
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
chair
Name
(type = personal)
NamePart
(type = family)
Palmon
NamePart
(type = given)
Dan
DisplayForm
Dan Palmon
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
internal member
Name
(type = personal)
NamePart
(type = family)
Sudit
NamePart
(type = given)
Ephraim
DisplayForm
Ephraim Sudit
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
internal member
Name
(type = personal)
NamePart
(type = family)
Fisher
NamePart
(type = given)
Ingrid
DisplayForm
Ingrid Fisher
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
outside member
Name
(type = corporate)
NamePart
Rutgers University
Role
RoleTerm
(authority = RULIB)
degree grantor
Name
(type = corporate)
NamePart
Graduate School - Newark
Role
RoleTerm
(authority = RULIB)
school
TypeOfResource
Text
Genre
(authority = marcgt)
theses
OriginInfo
DateCreated
(qualifier = exact)
2012
DateOther
(qualifier = exact);
(type = degree)
2012-10
Place
PlaceTerm
(type = code)
xx
Language
LanguageTerm
(authority = ISO639-2b);
(type = code)
eng
Abstract
(type = abstract)
Whatever the fundamental cause of business changes, the general response of the American standard-setting community has been to increase the length, breadth, and complexity of standards. I extract the core objectives of these standards and provide a framework for generating standards that meet regulatory requirements while minimizing the burden of compliance for large and small firms alike. Chapter 2 discusses the potential application of a formalized framework to three separate and diverse areas of accounting standards: recognition of income tax positions, valuation of treasury stock, and income statement presentation. This chapter describes the nature of a formalized standards development environment, one in which standards are formalized as they are developed by the FASB. This process has the potential to eliminate unintentional ambiguities before a given standard is promulgated to firms and the public. Chapter 3 motivates my study by defining and discussing the concerns of statement preparers regarding a currently proposed change to lease accounting standards. The text of these changes illustrate a more principles- and judgment-based approach to lease valuation, moving away from the well-known bright line regime currently in place in the US. These concerns are cause for significant consternation within and corresponding effort from affected firms in an attempt to keep pace with the changing standard. Pre-implementation concerns and behaviors are catalogued via discussions with professionals within large, publicly traded companies. To gauge post-implementation concerns, I perform a textual analysis of comment letters submitted to the standard setting bodies by constituent firms, noting significant concerns and regressing them along the overall negative tone in a given letter. vi Chapter 4 presents an ontology for the process of lease valuation. Drawing on prior ontology development schemes, the history of American lease accounting standards, and the concerns outlined in the prior chapter, I create a framework for analysis of accounting standards. I then apply that framework to the specific needs of lease accounting, setting the elements of a lease along continua of value, time, and certainty. I apply this construct to a sample lease, demonstrating the benefits of application of a simplified, flexible, formalized approach over the current one-size-fits-all scheme.
Subject
(authority = RUETD)
Topic
Business and Science
RelatedItem
(type = host)
TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier
(type = RULIB)
ETD
Identifier
ETD_4252
PhysicalDescription
Form
(authority = gmd)
electronic resource
InternetMediaType
application/pdf
InternetMediaType
text/xml
Extent
vii, 157 p. : ill.
Note
(type = degree)
Ph.D.
Note
(type = bibliography)
Includes bibliographical references
Note
(type = statement of responsibility)
by John Peter Krahel
Subject
(authority = ETD-LCSH)
Topic
Accounting--Standards--United States
Subject
Name
(authority = LC-NAF)
NamePart
(type = corporate)
Financial Accounting Standards Board
Identifier
(type = hdl)
http://hdl.rutgers.edu/1782.1/rucore10002600001.ETD.000066556
RelatedItem
(type = host)
TitleInfo
Title
Graduate School - Newark Electronic Theses and Dissertations
Identifier
(type = local)
rucore10002600001
Location
PhysicalLocation
(authority = marcorg);
(displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier
(type = doi)
doi:10.7282/T32B8WTQ
Genre
(authority = ExL-Esploro)
ETD doctoral
Back to the top
Rights
RightsDeclaration
(ID = rulibRdec0006)
The author owns the copyright to this work.
RightsHolder
(type = personal)
Name
FamilyName
Krahel
GivenName
John Peter
Role
Copyright Holder
RightsEvent
Type
Permission or license
DateTime
(encoding = w3cdtf);
(qualifier = exact);
(point = start)
2012-09-19 13:57:30
AssociatedEntity
Name
John Peter Krahel
Role
Copyright holder
Affiliation
Rutgers University. Graduate School - Newark
AssociatedObject
Type
License
Name
Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
Back to the top
Technical
FileSize
(UNIT = bytes)
2600448
OperatingSystem
(VERSION = 5.1)
windows xp
ContentModel
ETD
MimeType
(TYPE = file)
application/pdf
MimeType
(TYPE = container)
application/x-tar
FileSize
(UNIT = bytes)
2600960
Checksum
(METHOD = SHA1)
23c36f331c9768fec070b0567b3784f1e0c69422
Back to the top
Statistical Profile