In 2017 my Website was migrated to the clouds and reduced in size.
Hence some links below are broken.
One thing to try if a “www” link is broken is to substitute “faculty” for “www”
For example a broken link http://faculty.trinity.edu/rjensen/Pictures.htm
can be changed to corrected link http://faculty.trinity.edu/rjensen/Pictures.htm
However in some cases files had to be removed to reduce the size of my Website
Contact me at rjensen@trinity.edu if you really need to file that is missing

Accounting Researcher Helpers

Bob Jensen is in the Department of Business Administration at TrinityUniversity.
Email: rjensen@trinity.edu

Bob Jensen's Codec Saga: How I Lost a Big Part of My Life's Work
Until My Friend Rick Lillie Solved My Problem
http://www.cs.trinity.edu/~rjensen/video/VideoCodecProblems.htm

Essays on the State of Accounting Scholarship ---
http://www.cs.trinity.edu/~rjensen/temp/AccounticsDamn.htm#Essays

Common Accountics Science and Econometric Science Statistical Mistakes ---
http://www.cs.trinity.edu/~rjensen/temp/AccounticsScienceStatisticalMistakes.htm

"Advice on Life and Creative Integrity from Calvin and Hobbes Creator Bill Watterson," by Maria Popova, Brain Pickings, May 20, 2013 ---
http://www.brainpickings.org/index.php/2013/05/20/bill-watterson-1990-kenyon-speech/

"How Non-Scientific Granulation Can Improve Scientific Accountics"
http://www.cs.trinity.edu/~rjensen/temp/AccounticsGranulationCurrentDraft.pdf

The Sad State of Economic Theory and Research ---
http://www.cs.trinity.edu/~rjensen/temp/AccounticsDamn.htm#EconomicResearch 

How Accountics Scientists Should Change: 
"Frankly, Scarlett, after I get a hit for my resume in The Accounting Review I just don't give a damn"
http://www.cs.trinity.edu/~rjensen/temp/AccounticsDamn.htm
One more mission in what's left of my life will be to try to change this
http://www.cs.trinity.edu/~rjensen/temp/AccounticsDamn.htm 

Granulation
Obviously correlation is not causation, but don't suggest this too loudly to referees of The Accounting Review ---
An enormous problem with accountics science, and finance in general,  is that these sciences largely confine themselves to databases where it's only possible to establish correlations and not causes, because zero causal information is contained in the big databases they purchase rather than collect themselves ---
http://www.cs.trinity.edu/~rjensen/temp/AccounticsGranulationCurrentDraft.pdf

The Cult of Statistical Significance:  How Standard Error Costs Us Jobs, Justice, and Lives, by Stephen T. Ziliak and Deirdre N. McCloskey (Ann Arbor:  University of Michigan Press, ISBN-13: 978-472-05007-9, 2007)
http://www.cs.trinity.edu/~rjensen/temp/DeirdreMcCloskey/StatisticalSignificance01.htm

Page 206
Like scientists today in medical and economic and other sizeless sciences, Pearson mistook a large sample size for the definite, substantive significance---evidence s Hayek put it, of "wholes." But it was as Hayek said "just an illusion." Pearson's columns of sparkling asterisks, though quantitative in appearance and as appealing a is the simple truth of the sky, signified nothing.

In Accountics Science R² = 0.0004 = (-.02)(-.02) Can Be Deemed a Statistically Significant Linear Relationship ---
http://www.cs.trinity.edu/~rjensen/temp/DeirdreMcCloskey/StatisticalSignificance01.htm

From the Harvard Business School:  Working Knowledge --- http://hbswk.hbs.edu/
Topics --- http://hbswk.hbs.edu/topics/
Accounting and Control is listed under Finance --- http://hbswk.hbs.edu/topics/accountingandcontrol.html

Quandl:  over 8 million demographic, economic, and financial datasets from 100s of global sources ---
http://www.quandl.com/

June 5, 2013 reply to a long thread by Bob Jensen

Hi Steve,

As usual, these AECM threads between you, me, and Paul Williams resolve nothing to date. TAR still has zero articles without equations unless such articles are forced upon editors like the Kaplan article was forced upon you as Senior Editor. TAR still has no commentaries about the papers it publishes and the authors make no attempt to communicate and have dialog about their research on the AECM or the AAA Commons.

I do hope that our AECM threads will continue and lead one day to when the top academic research journals do more to both encourage (1) validation (usually by speedy replication), (2) alternate methodologies, (3) more innovative research, and (4) more interactive commentaries.

I remind you that Professor Basu's essay is only one of four essays bundled together in Accounting Horizons on the topic of how to make accounting research, especially the so-called Accounting Sciience or Accountics Science or Cargo Cult science, more innovative.

The four essays in this bundle are summarized and extensively quoted at http://www.cs.trinity.edu/~rjensen/temp/AccounticsDamn.htm#Essays 

• "Framing the Issue of Research Quality in a Context of Research Diversity," by Christopher S. Chapman ---
  
   
• "Accounting Craftspeople versus Accounting Seers: Exploring the Relevance and Innovation Gaps in Academic Accounting Research," by William E. McCarthy ---
  
   
• "Is Accounting Research Stagnant?" by Donald V. Moser ---
  
   
• Cargo Cult Science "How Can Accounting Researchers Become More Innovative? by Sudipta Basu ---
   

I will try to keep drawing attention to these important essays and spend the rest of my professional life trying to bring accounting research closer to the accounting profession.

I also want to dispel the myth that accountics research is harder than making research discoveries without equations. The hardest research I can imagine (and where I failed) is to make a discovery that has a noteworthy impact on the accounting profession. I always look but never find such discoveries reported in TAR.

The easiest research is to purchase a database and beat it with an econometric stick until something falls out of the clouds. I've searched for years and find very little that has a noteworthy impact on the accounting profession. Quite often there is a noteworthy impact on other members of the Cargo Cult and doctoral students seeking to beat the same data with their sticks. But try to find a practitioner with an interest in these academic accounting discoveries?

Our latest thread leads me to such questions as:

1. Is accounting research of inferior quality relative to other disciplines like engineering and finance?
   
    
2. Are there serious innovation gaps in academic accounting research?
   
    
3. Is accounting research stagnant?
   
    
4. How can accounting researchers be more innovative?
   
    
5. Is there an "absence of dissent" in academic accounting research?
   
    
6. Is there an absence of diversity in our top academic accounting research journals and doctoral programs?
   
    
7. Is there a serious disinterest (except among the Cargo Cult) and lack of validation in findings reported in our academic accounting research journals, especially TAR?
   
    
8. Is there a huge communications gap between academic accounting researchers and those who toil teaching accounting and practicing accounting?
   
    
9. Why do our accountics scientists virtually ignore the AECM and the AAA Commons and the Pathways Commission Report?
   http://www.cs.trinity.edu/~rjensen/temp/AccounticsDamn.htm

One fall out of this thread is that I've been privately asked to write a paper about such matters. I hope that others will compete with me in thinking and writing about these serious challenges to academic accounting research that never seem to get resolved.

Thank you Steve for sometimes responding in my threads on such issues in the AECM.

Respectfully,
Bob Jensen

Academic Versus Political Reporting of Research:  Percentage Columns Versus Per Capita Columns ---
http://www.cs.trinity.edu/~rjensen/temp/TaxAirlineSeatCase.htm
by Bob Jensen, April 3, 2013

CGMA Portfolio of Tools for Accountants and Analysts ---
http://www.cgma.org/Resources/Tools/Pages/tools-list.aspx
Includes ethics tools and learning cases.

Deloitte's Site for International Accounting Teaching, Scholarship, and  Research ---
http://www.iasplus.com/en/news/2013/02/research-and-education

We have created a new page on IAS Plus that is tailored to help users easily locate academic accounting material and resources relevant for educational research that is available on IAS Plus and other useful sites.

Bookmark this site ---
http://www.iasplus.com/en/resources/research-and-education

Bob Jensen's helpers for accounting educators ---
http://faculty.trinity.edu/rjensen/default3.htm

Bob Jensen's helpers for accounting researchers ---
http://faculty.trinity.edu/rjensen/default4.htm

Bob Jensen's threads ---
http://faculty.trinity.edu/rjensen/threads.htm

Reflections on the Last Decade of IFRS Parts 1 and 2 in the free Australian Accounting Review

2012 Volume 22 Issue 3 Special Edition Part 1 on the last decade of IFRS

Capsule Summaries of Part 2
http://www.iasplus.com/en/news/2012/november/10-years-of-ifrs-reflections-and-expectations

2012 Volume 22 Issue 4 Special Edition Part 2 on the last decade of IFRS

Capsule Summaries of Part 2
http://www.iasplus.com/en/news/2013/02/10-years-of-ifrss-ii

Bob Jensen's threads on accounting standard setting controversies
http://faculty.trinity.edu/rjensen/Theory01.htm#MethodsForSetting

The Free Australian Accounting Review

1. 2012 - Volume 22 Australian Accounting Review
2. 2011 - Volume 21 Australian Accounting Review
3. 2010 - Volume 20 Australian Accounting Review
4. 2009 - Volume 19 Australian Accounting Review
5. 2008 - Volume 18 Australian Accounting Review
6. 2007 - Volume 17 Australian Accounting Review
7. 2006 - Volume 16 Australian Accounting Review
8. 2005 - Volume 15 Australian Accounting Review
9. 2004 - Volume 14 Australian Accounting Review
10. 2003 - Volume 13 Australian Accounting Review
11. 2002 - Volume 12 Australian Accounting Review
12. 2001 - Volume 11 Australian Accounting Review
13. 2000 - Volume 10 Australian Accounting Review
14. 1999 - Volume 9 Australian Accounting Review
15. 1998 - Volume 8 Australian Accounting Review
16. 1997 - Volume 7 Australian Accounting Review
17. 1996 - Volume 6 Australian Accounting Review
18. 1995 - Volume 5 Australian Accounting Review
19. 1994 - Volume 4 Australian Accounting Review
20. 1993 - Volume 3 Australian Accounting Review
21. 1992 - Volume 1 Australian Accounting Review
22. 1991 - Volume 1 Australian Accounting Review

MAAW's Accounting Systems for Business Index

Our open sharing retired accounting professor, Jim Martin, who maintains the MAAW Website and Blog made the following posting on August 24, 2013 ---
http://maaw.blogspot.com/

I have developed an index of accounting systems for business to make it easier to find information related to a specific type of business, industry, or activity. I think you will find it interesting and you might also find it useful in your work. It is an ongoing project that I will update on a continuous basis.

http://maaw.blogspot.com/2013/08/accounting-systems-for-business-index.html

Illustrations
Abandonment Losses

Fleck, L. H. 1926. The incidence of abandonment losses. The Accounting Review (June): 48-59. (JSTOR link).

Accounting Changes (Also see Changes)

Hall, J. O. and C. R. Aldridge. 2007. Changes in accounting for changes. Journal of Accountancy (February): 45-50.

Schwieger, B. J. 1977. A summary of accounting for and reporting on accounting changes. The Accounting Review (October): 946-949. (JSTOR link).

Accounting and Business Machines

Gould, S. W. 1935. The application of tabulating and accounting machines to real estate and mortgage accounting procedure. N.A.C.A. Bulletin (November 15): 261-277.

Walker, R. 1947. Synchronized budgeting in the business machine industry. N.A.C.A. Bulletin (August 1): 1453-1470.

Whisler, R. F. 1933. Factory payroll budget of the National Cash Register Company. N.A.C.A. Bulletin (February 1): 853-861.

Woodbridge, J. S. 1959. The inventory concept of accounting as expressed by electronic data-processing machines and applied to international air transportation. N.A.A. Bulletin (October): 5-12. (International airline revenue accounting).

Accounts Receivable Records

Zeigler, N. B. 1938. Accounts receivable records and methods. N.A.C.A. Bulletin (January 15): 581-594.

Activity Based Costing (See MAAW's ABC Topic)

Ad Agency

Mills, W. B. 1983. Drawing up a budgeting system for an ad agency. Management Accounting (December): 46-51, 59.

Webster, K. and C. G. Uffelman. 1957. Cost reporting in an advertising agency. N.A.C.A. Bulletin (March): 899-905.

Advertising (See MAAW's Marketing, Sales and Advertising Topic)

Aerospace

Van Tatenhove, J. M. 1969. Managing indirect costs in the aerospace industry. Management Accounting (September): 36-42, 48.

Affiliates

Paton, W. A. 1945. Transactions between affiliates. The Accounting Review (July): 255-266. (JSTOR link).

. . .

Works

Dunkerley, R. 1926. Engineering costing and works accountancy - Its objects and necessity. N.A.C.A. Bulletin (March 15): 513-521.

World's Fair (Also see Fair)

McCaffrey, G. D. 1939. Accounting control at the New York World's Fair. N.A.C.A. Bulletin (August 1): 1483-1486.

Wrought Iron (Also see Iron)

Jensen, C. G. 1923. Cost problems in the wrought iron industry. National Association of Cost Accountants Official Publications (January 2): 3-18.

Zinc Mine (Also see Mining)

Smith, L. C. 1954. A cost system for a zinc mine. N.A.C.A. Bulletin (September): 37-47.

 

The fantastic MAAW homepage is at ---
http://maaw.info/

Deloitte (DTTL) and the International Association for Accounting Education and Research (IAAER) today announced the Deloitte IAAER Scholarship Programme, naming five associate professors from Brazil, Indonesia, Poland, Romania and South Africa as the programme’s inaugural scholars.
IAS Plus
February 13, 2013
http://www.iasplus.com/en/news/2013/02/deloitte-scholars

Mentors will be assigned to each scholar to support them as they increase their exposure to internationally recognised accounting scholars, best practices in accounting and business education and research, and a global peer network.

Ongoing mentorship is a critical element of the Deloitte IAAER Scholarship Programme and some well-known and highly accomplished accounting experts have volunteered their support. These include former member of the Financial Accounting Standards Board, Katherine Schipper (Duke University); former member of the International Accounting Standards Board, Mary Barth (Stanford University); Chika Saka (Kwansei Gakuin University); Sidney Gray (University of Sydney); and Ann Tarca (University of Western Australia).

The scholars, who must be a sitting lecturer, assistant, or associate professor holding a PhD (or comparable degree) in a faculty that teaches accounting, auditing, or financial reporting, are chosen for three years and attend IAAER co-sponsored conferences, workshops, and consortia as well as the IAAER World Congress.

In the long term, the programme aims at supporting better accounting education and improving the quality of financial reporting and auditing. The next round of scholarships will open in 2016, with applications considered in 2015.

Bob Jensen's threads on careers in accountancy ---
http://faculty.trinity.edu/rjensen/Bookbob1.htm#careers

Bob Jensen's helpers for accounting educators ---
http://faculty.trinity.edu/rjensen/default3.htm

Bob Jensen's helpers for accounting researchers ---
http://faculty.trinity.edu/rjensen/default4.htm

Bob Jensen's threads ---
http://faculty.trinity.edu/rjensen/threads.htm

Shielding Against Validity Challenges in Plato's Cave ---
http://faculty.trinity.edu/rjensen/TheoryTAR.htm

• With a Rejoinder from the 2010 Senior Editor of The Accounting Review (TAR), Steven J. Kachelmeier
• With Replies in Appendix 4 to Professor Kachemeier by Professors Jagdish Gangolly and Paul Williams
• With Added Conjectures in Appendix 1 as to Why the Profession of Accountancy Ignores TAR
• With Suggestions in Appendix 2 for Incorporating Accounting Research into Undergraduate Accounting Courses

Shielding Against Validity Challenges in Plato's Cave  --- http://faculty.trinity.edu/rjensen/TheoryTAR.htm
By Bob Jensen

Table of Contents

• Tom Lehrer on Mathematical Models and Statistics 
• TAR versus AMR
• Introduction to Replication Commentaries
• TAR Versus JEC
• Accounting Research Versus Social Science Research
• Mathematical Analytics in Plato's Cave TAR Researchers Playing by Themselves in an Isolated Dark Cave That the Sunlight Cannot Reach
• High Hopes Dashed for a Change in Policy of TAR Regarding Commentaries on Previously Published Research
• Rejoinder from the Current Senior Editor of TAR, Steven J. Kachelmeier
• Conclusion and Recommendation for a Journal Named Supplemental Commentaries and Replication Abstracts
• Appendix 1: Business Firms and Business School Teachers Largely Ignore TAR Research Articles
• Appendix 2: Integrating Academic Research Into Undergraduate Accounting Courses
• Appendix 3: Audit Pricing in the Real World
• Appendix 4: Replies from Jagdish Gangolly and Paul Williams

Capsule Commentary Book Review, The Accounting Review, January 2012, pp. 356-357 ---
http://aaajournals.org/doi/full/10.2308/accr-10189

CAPSULE COMMENTARY

Stephen A. Zeff, Editor

HARRY I. WOLK (editor), Accounting Theory (London, U.K.: Sage Publications Ltd., 2009, ISBN 978-1-84787-609-6, pp. xlv, 1,518 in four volumes).

Harry I. Wolk, the compiler of this collection of 74 previously published articles and other essays, died in October 2009 at age 79. In 1984, he was assisted by two colleagues in writing a thoughtful, wide-ranging textbook on accounting theory, which is now in its seventh edition. He has, thus, been a close student of the accounting theory literature for many years.

Wolk's valedictory contribution is this anthology, which is divided into ten sections: philosophical background, accounting concepts, conceptual frameworks, accounting for changing prices, standard setting, applications of accounting theory to five measurement areas, agency theory, principles versus rules, international accounting standards, and accounting issues in East and Southeast Asia. Because he provides only a two-and-a-half-page general introduction, we cannot know the criteria he used to make these selections. The earliest of the articles dates from 1958, and one infers that this collection represents the body of work that, over his long career, mostly at Drake University, he found to be influential writings.

Among the major contributors to the theory literature represented in the collection are Devine, Mattessich, Davidson, Solomons, Sterling, Thomas, Bell, Shillinglaw, Bedford, Ijiri, and Stamp. Conspicuous omissions are Chambers, Baxter, Staubus, Moonitz, Sorter, and Vatter. Although many of the earlier pieces have stood the test of time, a number of the more recent selections would, inevitably, be open to second-guessing. To be sure, most of these articles can be accessed electronically, yet it is instructive to know the works that Harry Wolk believed were worth remembering, and it is handy to have them all in one collection.

The price tag of £600/$1,050 for the four-volume set will, unfortunately, deter all but the most enthusiastic purchasers.

Jensen Comment
And to think my constantly-updated accounting theory book (in two volumes) has a price tag of $0 (Sigh!)---
http://faculty.trinity.edu/rjensen/Theory01.htm

But I do thank Harry for providing me with an accounting illustration that I turned into the most popular Excel illustration that I ever authored (i.e., popular in the eyes of my students over the years) ---
www.cs.trinity.edu/~rjensen/Excel/wtdcase2a.xls

Comparisons of IFRS with Domestic Standards of Many Nations
http://www.iasplus.com/country/compare.htm

More Detailed Differences (Comparisons) between FASB and IASB Accounting Standards

2011 Update

"IFRS and US GAAP: Similarities and Differences" according to PwC (2011 Edition)
http://www.pwc.com/us/en/issues/ifrs-reporting/publications/ifrs-and-us-gaap-similarities-and-differences.jhtml
Note the Download button!
Note that warnings are given throughout the document that the similarities and differences mentioned in the booklet are not comprehensive of all similarities and differences. The document is, however, a valuable addition to students of FASB versus IASB standard differences and similarities.

It's not easy keeping track of what's changing and how, but this publication can help. Changes for 2011 include:

• Revised introduction reflecting the current status, likely next steps, and what companies should be doing now
  (see page 2);
• Updated convergence timeline, including current proposed timing of exposure drafts, deliberations, comment periods, and final standards
  (see page 7);
• More current analysis of the differences between IFRS and US GAAP -- including an assessment of the impact embodied within the differences
  (starting on page 17); and
• Details incorporating authoritative standards and interpretive guidance issued through July 31, 2011
  (throughout).

This continues to be one of PwC's most-read publications, and we are confident the 2011 edition will further your understanding of these issues and potential next steps.

For further exploration of the similarities and differences between IFRS and US GAAP, please also visit our IFRS Video Learning Center.

To request a hard copy of this publication, please contact your PwC engagement team or contact us.

Jensen Comment
My favorite comparison topics (Derivatives and Hedging) begin on Page 158
The booklet does a good job listing differences but, in my opinion, overly downplays the importance of these differences. It may well be that IFRS is more restrictive in some areas and less restrictive in other areas to a fault. This is one topical area where IFRS becomes much too subjective such that comparisons of derivatives and hedging activities under IFRS can defeat the main purpose of "standards." The main purpose of an "accounting standard" is to lead to greater comparability of inter-company financial statements. Boo on IFRS in this topical area, especially when it comes to testing hedge effectiveness!

One key quotation is on Page 165

IFRS does not specifically discuss the methodology of applying a critical-terms match in the level of detail included within U.S. GAAP.
Then it goes yatta, yatta, yatta.

Jensen Comment
This is so typical of when IFRS fails to present the "same level of detail" and more importantly fails to provide "implementation guidance" comparable with the FASB's DIG implementation topics and illustrations.

I have a huge beef with the lack of illustrations in IFRS versus the many illustrations in U.S. GAAP.

I have a huge beef with the lack of illustrations in IFRS versus the many illustrations in U.S. GAAP.

I have a huge beef with the lack of illustrations in IFRS versus the many illustrations in U.S. GAAP.

Bob Jensen's threads on accounting standards setting controversies ---
http://faculty.trinity.edu/rjensen/Theory01.htm#MethodsForSetting

Comparisons of IFRS with Domestic Standards of Many Nations
http://www.iasplus.com/country/compare.htm

Chris Deeley in Australia and I have been corresponding regarding an antique learning curve paper that I published nearly 20 years ago. You can read some of our correspondence at http://faculty.trinity.edu/rjensen/theorylearningcurves.htm
In that correspondence I discuss the good and evil of the Wolfram Alpha computational search engine.

Chris also sent me his latest working paper on an entirely different topic (which I've not yet found time to delve into). I asked if I could serve up the paper to my AECM friends and others. When I find time I would like to test some of his formulas in Wolfram Alpha. Chris is skeptical.

September 23, 2010 message from

Bob
Yes, by all means post my working paper on general annuities on the AECM website. I suspect that Wolfram Alpha may not be able to handle this sort of thing. In fact, I wouldn’t be surprised if the application of standard maths has created and entrenched the error. Chris

Chris Deeley
Senior Lecturer in Accounting & Finance
School of Accounting,
Faculty of Business
Charles Sturt University,
Locked Mail Bag 588
Wagga Wagga, NSW 2678
Ph: +612 69332694 Fax: +612 69332790
Email: cdeeley@csu.edu.au 
Web:www.csu.edu.a u

I put his paper on one of my Web servers. I'm sure that Chris will appreciate any comments that you have regarding this technical topic. It may be a good exercise for accounting and finance students to study this paper.

"IDENTIFICATION AND CORRECTION OF A COMMON ERROR IN GENERAL ANNUITY CALCULATIONS," by Chris Deeley, Charles Sturt University, Australia., September 23, 2010 Working Draft ---
http://www.cs.trinity.edu/~rjensen/temp/DeeleyAnnuityCorrections.pdf

Bob Jensen's threads on accounting theory ---
http://faculty.trinity.edu/rjensen/theory01.htm

Tom Lehrer on Mathematical Models and Statistics ---
http://www.youtube.com/watch?v=gfZWyUXn3So

Systemic problems of accountancy (especially the vegetable nutrition paradox) that probably will never be solved ---
http://faculty.trinity.edu/rjensen/FraudConclusion.htm#BadNews

Daily News Sites for Accountancy, Tax, Fraud, IFRS, XBRL, Accounting History, and More ---
http://faculty.trinity.edu/rjensen/AccountingNews.htm

Free Online Textbooks, Videos, and Tutorials --- http://faculty.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Tutorials in Various Disciplines --- http://faculty.trinity.edu/rjensen/Bookbob2.htm#Tutorials
Edutainment and Learning Games --- http://faculty.trinity.edu/rjensen/000aaa/thetools.htm#Edutainment
Open Sharing Courses --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI
The Master List of Free Online College Courses --- http://universitiesandcolleges.org/

Bob Jensen's threads for online worldwide education and training alternatives ---
http://faculty.trinity.edu/rjensen/Crossborder.htm

"U. of Manitoba Researchers Publish Open-Source Handbook on Educational Technology," by Steve Kolowich, Chronicle of Higher Education, March 19, 2009 --- http://chronicle.com/wiredcampus/index.php?id=3671&utm_source=wc&utm_medium=en

• Bob Jensen's links to listservs, blogs, and social networks ---    
  http://faculty.trinity.edu/rjensen/ListServRoles.htm
  
   

• Updated Accounting Theory --- http://faculty.trinity.edu/rjensen//theory/00overview/theory01.htm

  The Sad State of Accounting Research --- http://faculty.trinity.edu/rjensen//theory/00overview/theory01.htm#AcademicsVersusProfession

  Questions --- http://faculty.trinity.edu/rjensen//theory/00overview/theory01.htm#DoctoralPrograms
  Why must all accounting doctoral programs be social science (particularly econometrics) doctoral programs?
  What's wrong with humanities research methodologies?
  What's wrong about studying accounting in accounting doctoral programs?
  Why are we graduating so many new assistant professors of accounting who do not know any accounting?
   

  Bob Jensen's letter to Kate http://faculty.trinity.edu/rjensen/2007NotableLiteratureAward.htm

  An Analysis of the Contributions of The Accounting Review Across 80 Years: 1926-2005 --- http://faculty.trinity.edu/rjensen/395wpTAR/Web/TAR395wp.htm
  Co-authored with Jean Heck and forthcoming in the December 2007 edition of the Accounting Historians Journal.

  I sent out an "Appeal" for accounting educators, researchers, and practitioners to actively support what I call The Accounting Review (TAR) Diversity Initiative as initiated by last year's American Accounting Association President Judy Rayburn --- http://faculty.trinity.edu/rjensen/395wpTAR/Web/TAR.htm

   
• I created a timeline of major happenings (on a timeline) leading up to the eXtensible Business Reporting Language (XBRL) and On LIne Analytical Process (OLAP) systems.  Overviews of XML, VoiceXML, XLink, XHTML, XBRL, XForm, XSLT, RDF and the Semantic Web are also provided --- http://faculty.trinity.edu/rjensen/xmlrdf.htm
  
  
• Bob Jensen's Accounting Theory Documents --- http://faculty.trinity.edu/rjensen/theory.htm 
  
  
• Bob Jensen's Threads on Real Options, Option Pricing Theory, and Arbitrage Pricing Theory --- http://faculty.trinity.edu/rjensen/realopt.htm 
  
  

• Bob Jensen's helpers on accounting for derivative financial instruments and hedging activities --- http://faculty.trinity.edu/rjensen/caseans/000index.htm 

  Comparisons of International IAS Versus FASB Standards --- http://www.deloitte.com/dtt/cda/doc/content/pocketiasus.pdf

   

• I highly recommend TheFinanceProfessor (an absolutely fabulous and totally free newsletter from a very smart finance professor, Jim Mahar from St. Bonaventure University) --- http://www.financeprofessor.com/ 
  Jim's great blog is at http://financeprofessorblog.blogspot.com/
  
   
• Daily News Sites for Accountancy, Tax, Fraud, IFRS, XBRL, Accounting History, and More ---
  http://faculty.trinity.edu/rjensen/AccountingNews.htm
  
   
• September 25, 2003 message from editor jda [editor.jda@gmx.de]

  Dear Professor Bob Jensen,

  The Journal of Deivatives Accounting (JDA) is preparing to publish its first issue and I would be grateful if you could post the following announcement on your web site.

  Regards

  Mamouda

  Dear Colleagues,

  There is a new addition to accounting research Journals. The Journal of Derivatives Accounting (JDA) is an international quarterly publication which provides authoritative accounting and finance literature on issues of financial innovations such as derivatives and their implications to accounting, finance, tax, standards setting, and corporate practices. This refereed journal disseminates research results and serves as a means of communication among academics, standard setters, practitioners, and market participants.

  The first and special issue of the JDA, to appear in the Winter of 2003, will be dedicated to:

  "Stock Options: Developments in Share-Based Compensation (Accounting, Standards, Tax and Corporate Practice)"

  This special issue will consider papers dealing with:

  * Analysis of applicable national and international accounting standards * Convergence between IASB and FASB * Accounting treatment (Expensing) * Valuation * Corporate and market practice * Design of stock options * Analysis of the structure of stock options contracts * Executives pay incentives and performance * Taxation * Management and Corporate Governance

  For more details on how to submit your work to the journal, please visit http://www.worldscinet.com/jda.html

  Sincerely,
  The Editorial Board Journal of Derivatives Accounting (JDA)

   
• David is not only a good friend, he is a highly respected former editor of Issues in Accounting Education.  He not only produced some of the best editions of that journal, he took a stand (albeit a futile stand) that I think is essential for respect in accounting research.  He actually stood for publication of replications of accounting research, which runs counter to virtually all top research journals in accounting.  You can read a December 5, 2002 message from David Stout on this important issue at  http://faculty.trinity.edu/rjensen/book02q4.htm#truth 
•  
• Dr. Hubbard and I sent to the FASB as part of our comment on the FASB's Exposure Draft No. 207-A entitled Accounting for Certain Derivative Instruments and Certain Hedging Activities:  an amendment of FASB Statement No. 133 --- http://www.rutgers.edu/Accounting/raw/fasb/draft/amend133_ED.pdf 
  My threads and multimedia tutorials on hedge accounting are at http://faculty.trinity.edu/rjensen/caseans/000index.htm 

  We hope that the FASB will include our proposed calculation corrections in the table on Page 75 of FAS 133 and add our proposed explanation of the yield curve derivations to the FASB's Amendments to FAS 133.

  The Hubbard and Jensen paper can be downloaded as follows:

  Working Paper 305:  Some Corrections and Explanations of Example 5 in FAS 133
  The HTML version is at http://faculty.trinity.edu/rjensen/caseans/133ex05.htm 

  The revised spreadsheet is at http://faculty.trinity.edu/rjensen/caseans/133ex05a.xls

  
  

• Those Daring Professors and Their Technology Machines
  
  
• I want to thank all of you who responded to my request for the latest thinking on using students as subjects in behavioral research experiments.  The general conclusions are that external validity tends to be low in such studies even though students are commonly employed for convenience and cost reasons.  You can read more about it and read abstracts of some of the most widely cited papers on this topic at http://faculty.trinity.edu/rjensen/student1.htm 
  
  
• Tools for Finding Indexed Accounting Research http://www.rutgers.edu/Accounting/raw/aaa/facdev/research/indexed.htm
  
  
• Computers in Accounting: Past, Present, and Future --- http://www.trinity.edu//rjensen/310wp/310wp.htm 
  
  
• "Visualization of Multidimensional Data" (including faces) --- http://faculty.trinity.edu/rjensen/352wpVisual/000DataVisualization.htm
  
  
• Transcriptions of Presentations by International Accounting Theory Experts
  
  
• Click Here to View Working Paper 265 on Metacognition
  Concerns in Designs and Evaluations of Computer Aided Education and Training:
  Are We Misleading Ourselves About Measures of Success?
  The above document focuses on the BAM pediagovy for Intermediate Accounting at the University of Virginia
  
  
• Bob Jensen's Long and Boring List of Hard Copy Publications
  The Ones That Got Caught
  http://faculty.trinity.edu/rjensen/resume.htm#Published
  
  
• Bob Jensen's Equally Long and Exciting List of Unpublished Working Papers
  The Biggest Ones That Got Away --- click here to view a listing
  
  
  A Selected List of Unpublished Working Papers
  http://faculty.trinity.edu/rjensen/resume.htm#Papers  
  
  
• Working Paper 239 (Updated in 1999)
  The Paradigm Shift in Technology: Financial Reporting Will Never Be the Same
  http://faculty.trinity.edu/rjensen/239wp/239wp.htm
  Probably the most serious problem in both the FASB's SFAS 133 and the IASC's IAS 39 is that these standards require continual adjustments of financial instruments derivatives to fair value without guidance on how to estimate fair value for custom contracts that are not traded in markets or are traded in markets too thin for valuation purposes. Over half the contracts around the world are custom forward and swap contracts that are difficult and controversial to value. I have revised my Working Paper 231 that proposes a newer approach for valuing interest rate swaps. The web link is at http://faculty.trinity.edu/rjensen/231wp/231wp.htm

  I also have a tutorial Excel file called 133exb.xls that can be downloaded along with my updated tutorials.  Because this file is not made available to my students, you must send me an email request for the secret web link to this file.   My email address is rjensen@trinity.edu

• Working Paper 231
  Legal Settlement Exit Value Amortization Rate Accounting for Custom Interest Rate Swaps Having No Market Trading
  http://faculty.trinity.edu/rjensen/231wp/231wp.htm
  Probably the most serious problem in both the FASB's SFAS 133 and the IASC's IAS 39 is that these standards require continual adjustments of financial instruments derivatives to fair value without guidance on how to estimate fair value for custom contracts that are not traded in markets or are traded in markets too thin for valuation purposes. Over half the contracts around the world are custom forward and swap contracts that are difficult and controversial to value. I have revised my Working Paper 231 that proposes a newer approach for valuing interest rate swaps. The web link is at http://faculty.trinity.edu/rjensen/231wp/231wp.htm

  I also have a tutorial Excel file called 133exb.xls that can be downloaded along with my updated tutorials.  Because this file is not made available to my students, you must send me an email request for the secret web link to this file.  My email address is rjensen@trinity.edu

   

• To aid you in finding threaded messages on various topics, I have created a new document of links called "Bob Jensen's Threads."  Give it a try at http://faculty.trinity.edu/rjensen/threads.htm 
  
  
• Updated Survey of Technology Applications in Accountancy Education Inside the U.S.
  http://faculty.trinity.edu/rjensen/survey1.htm
  
  
• Updated Survey of Technology Applications in Accountancy Education Outside the U.S.
  http://faculty.trinity.edu/rjensen/survey2.htm
  
  

• I have some SFAS 133 documents on "Accounting for Derivative Instruments and Hedging Activities."  Unfortunately my tutorials cannot be made available to the general public since they contain answers that I do not want my students to see.  However, you may view the following documents:

  • Click here to view my SFAS 133 Glossary
    I have attempted to link most terms to paragraphs in SFAS 133
    
    
  • Missing Parts of SFAS 133
    These are some of the ones that I think are worth mentioning at the moment.

• Cases and case solutions on accounting for financial instruments derivatives are at
  http://faculty.trinity.edu/rjensen/busn2311/students.htm#Spring98b
  
  
  Topics include combinations of interest rate swaps, caps, straddles, collars, options, bull call spreads, contango swaps, quanto swaps, Asian options, foreign currency derivatives, circus swaps, swaptions, credit swaps, tax rate swaps, and other topics. Joe Zullo describes his relational database in MS Access for disaggregating and reaggregating risk measures across various types of interest rate swap risks. Brian Gibson has a project on bankruptcy prediction from derivative contracts.
  

• I do not forward advertising requests form commercial vendors unless I feel that my "audience" would appreciate hearing about particular new products and services. This one is very important to some accounting researchers.

  April 30, 2008 message from Tom Hardy [thardy@ivesinc.com]

  Dear Professor Jensen,

  I am writing to let you know about two new research modules available with the AuditAnalytics.com SEC research database. Specifically, our Litigation Module now tracks all material federal litigation involving Russell 3000 companies and all federal litigation involving the top 100 audit firms. This module contains over 12,500 cases in the database. It includes all securities class actions and SEC litigation filed since the year 2000.

  In the next few months we also will be making available as an add-on our Advanced Restatement Data to include:

  Net Income Effect*

  Net Effect on Stockholders Equity*

  First Announcement Date*

  First Magnitude Announcement Date* All related filings to each restatement*

  *Data analysis for these fields restricted to NYSE, Nasdaq and AMEX public companies and is currently populated from 2003 to present.

  FIN 48 Revisions (All SEC registrants for fiscal years beginning after Dec 15th, 2006) SAB 108 Revisions (All SEC registrants for fiscal year ends after Nov 15th, 2006)

  As the leader in Audit Industry Research, AuditAnalytics.com provides detailed information on over 20,000 publicly registered companies and over 1,500 accounting firms. Our database enables you, your students and faculty to quickly search and analyze reported:

  - SOX 404 Internal Controls and SOX 302 Disclosure Controls

  - Restatements

  - Directory and Officer Changes

  - Late filers (Form NT)

  - Auditor fees, changes, and opinions

  - Governance information (Non-historical)

  I sincerely believe that you would find our online service to be a valuable resource for your academic research. We are currently offering special academic and educational subscription pricing for the service and I would be happy to discuss this further at your convenience. Please let me know if there is a good time for us to speak and if you would like any additional information or an online demonstration of the AuditAnalytics.com service.

  Best Regards,

  Tom

  PS. Please feel free to ask me about AuditAnalytics.com availability via the WRDS Database http://wrds.wharton.upenn.edu/

  Tom Hardy
  IVES Group, Inc.
  9 Main Street, Suite 2F
  Sutton, MA 01590
  Phone: (508) 476-7007 ext. 228
  e-mail: thardy@ivesinc.com
  www.auditanalytics.com - Independent Research Provider to the Accounting, Insurance, Research and Investment Communities

  April 30, 2008 reply from Todd Pullen [btpull@COMCAST.NET]

  Does anyone have a recommendation on a good site for financial reports?

  I have found that some of the free sites such a Google Finance and Marketwatch are not that accurate or their data is outdated.

  April 30, 2008 reply from Edith Orenstein [eorenstein@FINANCIALEXECUTIVES.ORG]

  I recently had demo of CCH Accounting Research Manager (ARM) and it seemed to have a pretty good search capability for recent filings.

  April 30, 2008 reply from W. O. Mills, III C.P.A., C.A., P.F.S [wom@WOMILLS.COM]

  I am not sure of what you might be looking for exactly...but perhaps Edgars would be of some benefit to you.

  http://www.sec.gov/edgar.shtml 

  April 30, 2008 reply from David Albrecht [albrecht@PROFALBRECHT.COM]

  I use several. Usually I go directly to a company's web site.

  If I'm simply shopping for something to use in class I go to
  http://www.annualreportservice.com/

  April 30, 2008 reply from Bob Jensen

  And don't forget to try the wonderful new TryXBRL service (free for now) and the new Financial Explorer service from the SEC

  "TryXBRL.org Launched," SmartPros, March 28, 2008 ---  http://accounting.smartpros.com/x61325.xml

  A new Web site, TryXBRL.com, allows free access to view and analyze complete XBRL-tagged financial statements for over 12,000 publicly traded corporations.

  After registering on the portal, TryXBRL.org, corporate finance professionals can educate themselves about the XBRL tagging process and view their own historical financial information in XBRL format. Investors and analysts can experience how XBRL reduces the complexity and costs associated with analyzing performance data.

  The site is a collaboration of EDGAR Online Inc., a business and financial information provider, and R.R. Donnelley & Sons Company, a print services company.

  "Our goal has been to deliver solutions that do not require technical expertise or excessive time commitments by corporations wishing to take part in the SEC Voluntary Program or to familiarize themselves with XBRL," said Philip Moyer, President and CEO of EDGAR Online, Inc. "We are providing open access to our vast XBRL database through a solution that enables corporations to begin filing XBRL content with the SEC in as little as a few hours."

  RR Donnelley and EDGAR Online have collaborated to deliver XBRL filing solutions to corporations since 2005.

  Once again that site is at http://www.tryxbrl.org/

  April 1, 2008 reply from Amy Dunbar [Amy.Dunbar@BUSINESS.UCONN.EDU]

  I just tried the site. Wow. Very powerful. I confirmed the numbers for one company to make sure I knew what I was seeing. It pulled the 2007 four quarter numbers for my selected company and then the 4th qtr numbers for the three peer companies and my selected company. I'm not sure where that 12,000 publicly traded corporations is coming from. They must mean filings, not corporations. I found the following table for March/June 2005 in Appendix F. http://www.sec.gov/info/smallbus/acspc/acspc-finalreport.pdf  If you include pink sheet companies, the data for which are not publicly available (at least to my knowledge), the total climbs to 13,094. Does anyone have a source for more recent numbers of publicly traded corporations?

  Listing Venue Number of Companies Listed NYSE 2,553 AMEX 747 NASDAQ National Market 2,580 NASDAQ Capital Market1 593 OTC Bulletin Board 2,955 Total 9,428

  The table (I only show part of it) has the following footnote explanation: Source: Public data includes 13,094 companies from the Center for Research in Securities Prices at the University of Chicago for NYSE and AMEX companies as of March 31, 2005 and from NASDAQ for NASDAQ and OTC Bulletin Board companies and from Datastream Advance for Pink Sheets companies as of June 10, 2005. This table was compiled by members of the staff of the SEC's Office of Economic Analysis and does not necessarily reflect the views of the Commission, the Commissioners, or other members of the Commission staff.

  Amy Dunbar UConn

   Bob Jensen's threads on XBRL are at http://faculty.trinity.edu/rjensen/XBRLandOLAP.htm

  ---

  "SEC unveils 'Financial Explorer' investor tool using XBRL," AccountingWeb, February 20, 2008 ---
  http://www.accountingweb.com/cgi-bin/item.cgi?id=104665

  Securities and Exchange Commission Chairman Christopher Cox has announced the launch of the "Financial Explorer" on the SEC Web site to help investors quickly and easily analyze the financial results of public companies. Financial Explorer paints the picture of corporate financial performance with diagrams and charts, using financial information provided to the SEC as "interactive data" in eXtensible Business Reporting Language (XBRL).

  At the click of a mouse, Financial Explorer lets investors automatically generate financial ratios,

  graphs, and charts depicting important information from financial statements. Information including earnings, expenses, cash flows, assets, and liabilities can be analyzed and compared across competing public companies. The software takes the work out of manipulating the data by entirely eliminating tasks such as copying and pasting rows of revenues and expenses into a spreadsheet. That frees investors to focus on their investments' financial results through visual representations that make the numbers easier to understand. Investors can use Financial Explorer by visiting www.sec.gov/xbrl .

  "XBRL is fast becoming the universal language for the exchange of business information and it is the future of financial reporting," said Cox. "With Financial Explorer or another XBRL viewer, investors will be able to quickly make sense of financial statements. In the near future, potentially millions of people will be able to analyze and compare financial statements and make better-informed investment decisions. That's a big benefit to ordinary investors."

  David Blaszkowsky, Director of the SEC's Office of Interactive Disclosure, encouraged investors to try out the new software. "Financial Explorer will help investors analyze investment choices much quicker. I encourage both companies and investors to visit the SEC Web site, try the software, and get a first-hand glimpse of the future of financial analysis, especially for the retail investor."

  Financial Explorer is open source, meaning that its source code is free to the public, and technology and financial experts can update and enhance the software. As interactive data becomes more commonplace, investors, analysts, and others working in the financial industry may develop hundreds of Web-based applications that help investors garner insights about financial results through creative ways of analyzing and presenting the information.

  Continued in article

  Jensen Comment
  The Financial Explorer link --- http://209.234.225.154/viewer/home/
  Note the "Take a Tour" option.

  Bob Jensen's videos (created before the SEC created the Financial Explorer) are at http://www.cs.trinity.edu/~rjensen/video/Tutorials/
  When I can find some time, I'll create a Financial Explorer update video.

  Bob Jensen's threads on XBRL are at http://faculty.trinity.edu/rjensen/XBRLandOLAP.htm

   

   

  ---

  I have some SFAS 133 documents on "Accounting for Derivative Instruments and Hedging Activities."  Unfortunately my tutorials cannot be made available to the general public since they contain answers that I do not want my students to see.  However, you may view the following documents:

  • Click here to view my SFAS 133 Glossary
    I have attempted to link most terms to paragraphs in SFAS 133
    
    
  • Missing Parts of SFAS 133
    These are some of the ones that I think are worth mentioning at the moment.
    
    
  • Bob Jensen's SFAS 133 Tutorial File Entry Point
    You must have a password to access the tutorials from the entry point.
    Instructors and practitioners may contact me privately for the link and password.   Students may not have access to the tutorial answer files, although their instructors may contact me for the tutorials and answer files.  My email address is rjensen@trinity.edu