Search results

Although the “new economy” once again resembles the old economy, the drivers of success for many firms continue to be intangible or service-related assets. These changes in the economic basis of business are leading to changes in practice which are creating exciting new opportunities for research. Management accounting still is concerned with internal uses of and demands for operating and performance information by organizations, their managers, and their employees. However, current demand for internal information and analysis most likely reflects current decision making needs, which have changed rapidly to meet economic and environmental conditions. Many management accounting research articles reflect traditional research topics that might not conform to current practice concerns. Some accounting academics may desire to pursue research topics that reflect current problems of practice to inform, influence, or understand practice or influence accounting education.

This study analyzes attributes of nearly 2,000 research and professional articles published during the years 1996–2000 and finds numerous, relatively unexamined research questions that can expand the scope of current management accounting research. Analyses of theories, methods, and sources of data used by published management accounting research also describe publication opportunities in major research journals.

The digital economy has significantly altered the way business is conducted and financial information is communicated. A rapidly growing number of organizations are conducting business and publishing business and financial reports online and in real-time. Real-time financial reporting is likely to necessitate continuous auditing to provide continuous assurance about the quality and credibility of the information presented. The audit process has, by necessity, evolved from a conventional manual audit to computer-based auditing and is now confronted with creating continuous electronic audits. Rapidly emerging information technology and demands for more timely communication of information to business stakeholders requires auditors to invent new ways to continuously monitor, gather, and analyze audit evidence. Continuous auditing is defined here as “a comprehensive electronic audit process that enables auditors to provide some degree of assurance on continuous information simultaneously with, or shortly after, the disclosure of the information.” This paper is based on a review of related literature, innovative continuous auditing applications, and the experiences of the authors. An approach for building continuous audit capacity is presented and audit data warehouses and data marts are described. Ever improving technology suggests that the real-time exchange of sensitive financial data will place constant pressure on auditors to update audit techniques. Most of the new techniques that will be required will involve creation of new software and audit models. Future research should focus on how continuous auditing could be constantly improved in various auditing domains including assurance, attestation, and audit services.

The library metadata of the twenty-first century is moving toward a linked data model. BIBFRAME, which stands for Bibliographic Framework Initiative, was launched in 2011 with the goal to make bibliographic descriptions sharable and interoperable on the web. Since its inception, BIBFRAME development has made remarkable progress. The focus of BIBFRAME discussions has now shifted from experimentation to implementation. The library community is collaborating with all stakeholders to build the infrastructure for BIBFRAME production in order to provide the environment where BIBFRAME data can be easily created, reused, and shared. This chapter addresses library community's BIBFRAME endeavors, with the focus on Library of Congress, Program for Cooperative Program, Linked Data for Production Phase 2, and OCLC. This chapter discusses BIBFRAME's major differences from the MARC standard with the hope of helping metadata practitioners get a general understanding of the future metadata activity. While the BIBFRAME landscape is beginning to take shape and its practical implications are beginning to develop, it is anticipated that MARC records will continue to be circulated for the foreseeable future. Upcoming multistandard metadata environments will bring new challenges to metadata practitioners, and this chapter addresses the required knowledge and skills for this transitional and multistandard metadata landscape. Finally, this chapter explores BIBFRAME's remaining challenges to realize the BIBFRAME production environment and asserts that BIBFRAME's ultimate goal is to deliver a value-added next-web search experience to our users.