Journal entries are used for the following purposes: to allocate costs to accounts to transfer monies from one area to another, e.g. the annual allocation of investment income to correct errors to ...

Journal entries are an integral part of everyday business operations, and the very stepping stone toward quality accounting under double entry accounting standards. Large companies likely have several ...

In the age of data analytics, e-filing and online banking, such practices are so out of step with the modern accountant as to be nearly extinct. Joining them soon will be manual data entry of any kind ...

This article addresses claims made by Weber, Schumpeter, and Sombart concerning the importance of double-entry bookkeeping. They argue that accounting played a key technical role in enhancing ...

Applying a real-options-based valuation approach, we develop and test a model that addresses the incremental value relevance of segment data beyond firm-level accounting data. Prior studies (e.g., ...