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The purpose of this paper is to present the views and challenges from a range of accounting professionals, regulators and preparers with the introduction of a standardised approach to accounting for customer loyalty programmes (CLPs). It aims to highlight the ambiguities of the classification of commercial transactions, particularly the nature and timing of revenue recognition.

Comment letters in response to the exposure draft D20 CLPs are analysed together with an exposition of the effect of International Financial Reporting Interpretations Committee (IFRIC) 13 on an early adopter, Qantas airlines.

Despite limited support for the consensus view advocated in D20, the International Accounting Standards Board (IASB) has upheld the deferred revenue approach consistent with the anticipated outcome of the IASB and Financial Accounting Standards Board revenue recognition project.

The paper analyses the characteristics and views of lobbyists using the IFRIC process. The use of other discourse methodologies may present issues of power within this process.

The paper highlights how the implementation of IFRIC interpretations has the potential to alter reported financial results.

The paper highlights the lobbying process and interpretation process at an international level. It also illustrates how companies can engage accounting interpretations to manage earnings, particularly in times of economic challenges.

The DELTA® beam composite floor system is a recently developed shallow floor type that has seen many applications in contemporary construction. It involves partially encasing DELTA® steel beams in concrete, with the lower flange remaining exposed. Besides the satisfactory behavior of the system at ambient conditions, understanding its response under elevated temperatures is critical in evaluating its overall performance. Despite certification from the manufacturing company that the system has adequate fire resistance, its behavior under fire conditions has neither been investigated to depth nor reported in detail. The purpose of this paper is the detailed numerical investigation of their behavior in fire. For this reason, the finite element method was implemented in this paper to simulate the response of such beams subjected to fire. Material properties were modeled according to the Eurocodes. The coupled thermal-structural parametric analyses involved four different variations of the “shortest” and “deepest” cross-section (eight case studies in total) specified by the manufacturing company. Other simulations of these cross-sections, in which either the thermal expansion or the structural load were not taken into account, were carried out for comparison purposes.

The methodology for simulating such systems, which has been successfully implemented and validated against fire test results elsewhere (Maraveas et al., 2012) was also followed here. To investigate the statement made by Maraveas et al. (2014) and the equations proposed by Zaharia and Franssen (2012) that the insulation is not so effective for “short” cross-sections, two beams, one with a D20-200 (Deltabeam Technical Manual, 2013) cross-section (shallowest section) and one with a D50-600 (Deltabeam Technical Manual, 2013) cross-section (deepest section), were simulated in this paper for comparison purposes. Additionally, reasonable assumptions were made for the cross-sectional dimensions not specified by the manufacturer (Deltabeam Technical Manual, 2013) and parametric analyses were carried out to investigate their effect on the structural response of the system.

Composite DELTA® beams can achieve fire resistances ranging from 120 to 180 min, depending on the depth and geometry of their cross-section, with deeper sections displaying a better fire response. The intense thermal bowing that occurs when these beams are heated from below has a more pronounced effect, in terms of thermally induced deflections for deeper sections. The satisfactory fire resistance of these beams is achieved due to the action of the concrete encased web and the reinforcement which compensate for the loss of the exposed lower flange. Increasing the thickness of the web in deeper sections improves their fire rating up to 180 min. The thickness of the lower flange affects the fire rating of the beams only in a minor way.

The paper describes a numerical methodology to estimate the fire resistance of complex flooring systems.

The purpose of this research is to show that wavelets are mathematical tools capable of separating vibration data into different frequency components, allowing the study of each component with a resolution matched to its specific time scale. Wavelets have advantages over traditional Fourier methods, particularly when a signal contains sharp spikes, discontinuities, and transients.

This paper presents a brief description of wavelets and shows their application to the analysis of typical transient signals due to vibrations in a steel‐reinforced concrete beam.

The research clearly shows that it is possible to evaluate modes and components separately by using the wavelet analysis.

The beam analysed can be used as a simple model of other more complicated structures, such as bridges and other high scale civil engineering constructions, where vibration analysis is a key issue for maintenance and failure assessments, thus representing an alternative mathematical tool for condition monitoring.

IN these days of metal construction, the aircraft designer frequently uses the so‐called Batho theory of the torsion of thin shells. This simple and well‐known theory is a ecial case, applicable to tubes and boxes of any cross‐section, of the general St. Venant torsion theory. The same theory, applied to thin “ open ” sections, of which a channel is a mplc example, gives the result that the torsional strength and rigidity are very small. While it is true that such a section tends always to be weak in torsion in comparison with a closed section of similar dimensions, subject to certain conditions as regards fixing of the ends it is capable of transmitting an appreciable torque. The method of transmission can be described as differential bending of the two langes, in the case of the channel. Calculation of differential bending stresses in a two‐spar wing under torsion is a simple procedure, but alien the two members in differential bend form part of a continuous section, the conditions are somewhat altered. The general theory applicable to such cases may be called the theory of torsion‐bending. The results of this theory will be summarised, and the proofs given in the Appendix.

The purpose of the study detailed here was to engage with Directors of Centres for Doctoral Training (CDTs) during the first year of their new Centres to form a snapshot view of the nature and type of training that was being incorporated and how this might affect the wider institution – in this case the university. Using an organisational learning lens, this paper empirically examines the work-in-progress of the responsible innovation (RI) training in CDTs to assess how new RI understandings are being created, retained and transferred within the CDTs, questioning whether this process represents a programme of “institutionalisation”.

During the past decade, RI has become increasingly embedded within the EU and UK research context, appearing with greater frequency in funding calls and policy spaces. As part of this embedding, in its 2018 funding call for CDTs, the Engineering and Physical Sciences Research Council (EPSRC) required RI training to be included in the programme for all doctoral students.

The paper concludes that, at present, institutionalisation is highly variegated, with the greater organisational change required to truly embed RI mindsets.

The paper provides original, empirical research evidence of RI institutionalisation in UK CDTs, and, using a “learning organisation” lens, examines areas of value to both RI and learning organisation theory.

Demonstrates the application of spreadsheets in simulating queuing systems with arrivals from a finite population. The problem is referred to as the machine repair problem where the members of the queue are machines that are breaking down and the servers are the technicians repairing the broken machines. The total number of machines are finite and pre‐specified. The technique for the development of the simulation is illustrated with six machines. Describes the approach for developing a generalized simulation model with any number of machines.

The purpose of this paper is to introduce the genre of tabletop fantasy role‐playing games and provide guidance in building an initial collection.

The first part of the paper is designed to present the development of tabletop fantasy role‐playing games in a historiographic model, tracing the history of these games from the 1970s to 2006. The second portion is a bibliographic essay and critique of several noteworthy fantasy role‐playing games, including analysis of the settings and systems of each game.

The paper provides a history of the development of fantasy role‐playing games and provides guidance on how to start a collection. The study recognizes a lack of academic research on the topic and seeks to provide a brief introduction.

The paper provides a clear concise history of role‐playing game development and balanced advice for librarians who wish to begin collecting role‐playing games.

This paper begins to fill the need for academic study of the subject and provides practical advice for collection development librarians.

This study investigates the dynamic production structure of the Japanese manufacturing industry by using the adjustment cost approach. The study is to shed some light on the unique dynamic structure of the Japanese manufacturing industry. The study attempts to help design and predict industrial policies that are implemented to enhance domestic investments by the Japanese government.

This study obtains a system of dynamic factor demand and output supply equations by applying the dual approach to the intertemporal value function as represented by the Hamilton–Jacobi equation. By using industrial panel data for 1973–2012 of the Japanese manufacturing industry, the study estimates the system of the behavioral equations and corresponding elasticities. The study uses hypothesis tests and dynamic elasticities to investigate the dynamic structure of the Japanese manufacturing industry.

Estimation results show that labor and capital are quasi-fixed variables that adjust about 0.2 percent annually to the long-run optimum levels. Estimated adjustment rates are very slow as often presumed about the Japanese manufacturing industry, which uses lifetime employment practice and slow decision-making process in investment decisions. The results also show that output supply and factor demand elasticities vary greatly depending on time horizon. Factor demand increases when its own price increases in the short run, suggesting that factor adjustment is mostly determined factor prices in the past due to sluggish factor adjustment. However, factor demand becomes a normal downward-sloping curve in the long run as factor adjustment gets completed.

Japanese manufacturing firms hire employees through lifetime contract to exploit the benefits of dynamic learning-by-doing and execute investments carefully considering all the possible impacts. Under the strategy, adjustment costs for changing workers and capital stock are minimized. Dynamic adjustment model is expected to shed some light on the unique dynamic structure of the Japanese manufacturing industry. However, researches regarding the dynamic factor adjustment of the Japanese manufacturing industry are hard to find. This study is expected to fill the research vacuum.

MODERN heavy‐duty motor oils are almost invariably formulated with detergent‐dispersant type of additives. The types of additive normally employed for this purpose are organo‐metallic detergent‐dispersants such as metal salts (barium/calcium) of alkyl phenols, petroleum and synthetic sulphonic acids, condensation products of olefins and P2S5, alkyl salicylic acids, etc., on the one hand, and the polymeric ashless types of dispersants such as polymethacrylic esters and N‐substituted long chain alkyl succinimides, on the other. Barium and calcium salts of the petroleum sulphonic acids, however, are by far the most widely used dispersant‐detergent additives. These additives are manufactured from the sodium salts or the sulphonic acids obtained as a by‐product during the sulphonation of mineral oils for the manufacture of white oils and transformer oils. The average molecular weight of the sodium salts is in the range 450—500.

This paper aims to examine the factors that drive the career progression of construction project managers (CPM) in the Ghanaian construction industry.

Based on the quantitative approach, the views of 80 CPMs working with D1 building construction firms were elicited using a structured questionnaire. Data was analysed using one-sample t-test, which was used to examine the relative significance of the variables. The mean scores, standard deviations and significance values (p-values) of each variable were used to examine the outcome of the survey.

The findings suggest that “existence of organizational support systems”, “ability to create identity”, “having an influential mentor and coach”, “accepting complicated and high visibility assignments” and “ability to gain managerial or leadership experience” are the key factors that drive the career progression of CPMs in Ghana.

Findings from this study is limited to CPMs, specifically within the Ghanaian construction industry. This implies that with the fragmented nature of the construction industry, adopting these findings in construction settings within other countries may not yield the desired results, especially, if those countries do not share similar characteristics and context with Ghana.

Practically, this study highlights for the benefits of project managers (PM) (especially those in the construction industry) the key factors that drive their career progressions. Identification of these drivers offers the professionals with those factors to be prioritized when seeking to progress their careers in the construction industry.

Empirical research on the factors that drive the career progression of CPMs has not been fully examined in previous studies, though such studies in other sectors aside construction are prevalent. Hence, the identification of the drivers for career progression of construction PMs advances literature in the area and offers the professionals with those factors to be prioritized when seeking to progress their careers.