ANNOUNCEMENT

ACCOUNTING AND BUSINESS RESEARCH
A research quarterly published by the Institute of Chartered; Accountants in England and Wales
Editors: R. H. Parker, University of Exeter C. W. Nobes, University of Reading

Volume 22

Number 86 CONTENTS

Spring 1992

The Accounts of the Consett Iron Company, 18641914
Corporate Governance and Disclosure Quality
Accounting Revolution at Oxford in 1882.
The Case of a Governmental “Deus ex Machina”
An Empirical Investigation of the Role of Accounting in the Valuation of Unseasoned Equity Issues
The Sequencing of Audit Evidence: Its Impact on the Extent of Audit Testing and Report Formulation
Segmental Disclosure: Thirteen Years On
Formula Accounting
Does the Nobes Cycle Exist, and If So What Does It Signify ?
Structure and Argirient in Accounting Standards

T. J. Baldwin R. H. Berry R. A. Church
John J. Forker Michael John Jones
Kevin Keasey Paul McGuinness
William F. Messier Jr.
Elaine D. Rennie Clive R. Emmanuel
Peter Seddon
Len Skerratt Geoffrey Washington
Keith Warnock

Book Reviews
Subscription Rates
UK Overseas Overseas Airmail
Individual £23 £28 £33
Student £13 £14 £19
Corporate/Institutional £40 £41 £46
All subscriptions can be paid in US dollars at current rates of exchange. Orders from The Subscriptions Manager, Accounting and Business Research, 40 Bernard Street, London EC1N 1LD, England.

ANNOUNCEMENT
ACCOUNTING AND BUSINESS RESEARCH
A research quarterly published by the Institute of Chartered Accountants in England and Wales
Editors: R. H. Parker, University of Exeter C. W. Nobes, University of Reading

Volume 22

Number 87 CONTENTS

Summer 1992

Foreign Currency Accounting Regulation in Australia: Responses of the Resources Sector Netting Off Assets and Liabilities
The Usefulness of UK Accounting and Market Data for Predicting the Perceived Risk Class of Securities
The Impact of Size, Stock Market Listing and Industry Type on Disclosure in the Annual Reports of Japanese Listed Corporations
The Accuracy of Profits Forecasts in Initial Public Offering Prospectuses
Managers’ Responses on EEI

Peter Bruinstroop Jayne M. Godfrey
M. G. Buchan K. V. Peasnell R. A. Yaansah
John Capstaff
T. E. Cooke
Michael Firth Andrew Smith
John R. Grinyer Reza Kouhy Abdussalam A.M. Elbadri

Costs of Accounting to Lenders: Daniel B. Thornton
Canadian Evidence
Book Reviews
Subscription Rates
UK Overseas Overseas Airmail
Individual £23 £28 £33
Student £13 £14 £19
Corporate/Institutional £40 £41 £46
All subscriptions can be paid in US dollars at current rates of exchange. Orders from The Subscriptions Manager, Accounting and Business Research, 40 Bernard Street, London EC IN 1LD, England.

ANNOUNCEMENT
CONTEMPORARY ACCOUNTING RESEARCH
Volume 9, Number 1 Fall, 1992
Contents Articles
The Effects of LineofBusiness Reporting on Competition in Oligopoly Settings
G. A. FELTHAM, F. B. GIGLER and J. S. HUGHES
Discussion of “The Effects of LineofBusiness Reporting on Competition in Oligopoly Settings”
A. DONTOH
Discussion of “The Effects of LineofBusiness Reporting on Competition in Oligopoly Settings”
S. HUDDART
Accounting and the Credibility of Management Forecasts
R. C. SANSING
Voluntary Financial Disclosure in an Entry Game With Continua of Types
G. A. FELTHAM and J. Z. XIE
Discussion of “Voluntary Financial Disclosure in an Entry Game With Continua of Types”
E. NOSAL
Experimental Evidence on an Economic Model of Taxpayer Aggression under Strategic and NonStrategic Audits
P. J. BECK, J. S. DAVIS and WO. JUNG
Fringe Benefits and Employee Expenses: Tax Planning and Neutral Tax Policy
A. MACNAUGHTON
Discussion of “Fringe Benefits and Employee Expenses: Tax Planning and Neutral Tax Policy”
D. THORNTON
Criticizing Positive Accounting Theory
L. A. BOLAND and I. M. GORDON
Auditor Underreporting of Time and Moral Reasoning: An ExperimentalLab Study
L. A. PONEMON

ANNOUNCEMENT
CONTEMPORARY ACCOUNTING RESEARCH
Volume 9, Number 1 Fall, 1992
Contents — Continued
French translation of “Auditor Underreporting of Time and Moral Reasoning: An ExperimentalLab Study”
Characteristics of Early and Late Adopters of Pension Accounting Standard SFAS 87
H. SAMI and M. J. WELSH
An Investigation of the Behavior of Accruals in the Semiconductor Industry: 1985
J. RAYBURN and S. LENWAY
Bond Ratings, Bond Yields and Financial Information
D. A. ZIEBART and S. A. REITER
Discussion of “Bond Ratings, Bond Yields and Financial Information”
R. CHANDRA
Discussion of “Bond Ratings, Bond Yields and Financial Information”
G. D. RICHARDSON
Longitudinal Rank Tests for Detecting Location Shift in the Distribution of Abnormal Returns: An Extension
R. CHANDRA, K. J. ROHRBACH and G. L. WILLLNGER
An Empirical Investigation of Some Data Effects on the Classification Accuracy of Probit, ID3 and Neural Networks
TP. LIANG, J. S. CHANDLER, I. HAN and J. ROAN
Aggregate Efficiency Measures and Simpson’s Paradox
A. MEHREZ, J. R. BROWN, M. KHOUJA
Selection of Efficiency Evaluation Models
R. D. BANKER
Book Review
J. R. Hanna, D. B. Kennedy, G. D. Richardson, Reporting the Effects of Changing Prices: A Review of the Experience with Section 4510
D. B. THORNTON

ANNOUNCEMENT
CALL FOR PAPERS CONFERENCE ON
BIOGRAPHICAL RESEARCH IN ACCOUNTING
UNIVERSITY OF MISSISSIPPI DECEMBER 34, 1993
SPONSORED BY THE ACADEMY OF ACCOUNTING HISTORIANS

Statement of Purposes: The purpose of this conference is to focus on the importance of studying and assessing the influence of individuals on the development of accounting thought and practice. The papers and the discussion will include methodologies and assessment of the impact of individuals on the development of accounting.
Conference Structure: Papers selected for presentation will be sent to participants in advance. Proceedings will not be published. Editors of several academic journals plan to attend. Papers which illustrate the use of biography or show the influence of an individual on the profession of accountancy are welcome. Biographies of CPAs will be considered for the centennial project chaired by James Don Edwards.
Submission Instructions: Submissions should be postmarked by June 30, 1993. Revised papers must be received by October 31 for prior distribution.

Inquiries and submission of papers to:

Tonya K. Flesher
School of Accountancy
University of Mississippi
University, Mississippi 38677
Telephone: (601) 2327468
Fax: (601) 2327483

ANNOUNCEMENT
THE ACADEMY OF ACCOUNTING HISTORIANS 1993 VANGERMEERSCH MANUSCRIPT AWARD

The Academy of Accounting Historians has established an annual manuscript award to encourage young academic scholars to pursue historical research. Any historical manuscript on any aspect of the field of accounting, broadly defined, is appropriate for submission.

ELIGIBILITY AND GUIDELINES FOR SUBMISSIONS

Any accounting faculty member, who received his/her doctorate within seven years, is eligible for this award. Manuscripts must conform to the style and length requirements of the Accounting Historians Journal. Manuscripts must be the work of one author and previously published manuscripts or manuscripts under review are not eligible for consideration.
Six copies of each manuscript should be submitted by June 15, 1993 to the Chair of the Vangermeersch Manuscript Award Committee:

Professor Maureen Berry
University of Illinois
296 Commerce West
1206 South Sixth Street
Champaign, IL 61820 USA

A cover letter, indicating the author’s mailing address, date doctoral degree awarded, and a statement that the manuscript has not been published or is not being currently considered should be included in the submission packet.

REVIEW PROCESS AND AWARD

In addition to the Chair, the Vangermeersch Manuscript Award Committee includes the following members:
Professors:
Dale L. Flesher The University of Mississippi
O. Finley Graves The University of Mississippi
Barbara D. Merino University of North Texas
Mary S. Stone University of Alabama

The committee will evaluate submitted manuscripts on a blind review basis and select one recipient each year. The author will receive a $500 stipend and a certificate to recognize his/her outstanding achievement in historical research. The manuscript will be published in the Accounting Historians Journal after any revisions deemed necessary by the manuscript editor of the Journal. The award will be given annually unless the manuscript award committee determines that no submission has been received that warrants recognition as an outstanding manuscript.