State of the Art of Behavioural Accounting Research Literature review

State of the Art of Behavioural Accounting Research - Literature review Example Several academic writers and professional institutes have paid utmost attention towards the state of the art of behavioural accounting research wherein the prime intention has always remained focussed towards identifying the research assumptions of the same, which usually imposes considerable impacts on the decision-making procedure of accounting. Contextually, behavioural accounting assumptions help in preventing cognitive limitations in case of accounting and auditing, as it primarily emphasises understanding reasons to biases in the procedure and hence, offers better scope for enhancing transparency therewith. On the other hand, behavioural accounting assumptions also assist business organisations to maximize their expected utilities. Additionally, behavioural accounting theories also help an organisation to attain profit maximization in a more effective manner (Gillenkirch & Arnold, n.d.). According to the viewpoints of Gillenkirch & Arnold (n.d.), the behavioural accounting theory is utilised in preparing internal financial reports. Larger organisations are also involved in using the approach of behavioural accounting with the aim of preparing and disseminating financial information to the potential investors. In alignment with the above context, it can be inferred that behavioural accounting concepts help the global organisations to conduct their respective financial as well as management accounting procedures more accurately. It is therefore worth mentioning that with the assistance of behavioural accounting concepts, modern organisations are able to effectively implement the principles and guidelines of financial (external) auditing functions. This, in turn, supports them to utilise their respective tax accounting mechanisms more accurately (Gillenkirch & Arnold, n.d.). The prime objective of this study is to identify the key assumptions

Labor Relations Assignment Example | Topics and Well Written Essays - 2250 words

Labor Relations - Assignment Example Such warning will only be valid for 6months and after completion of 6 months; no disciplinary actions can be taken against W based on such warning. Opinion: there is no witness available for W using inappropriate languages or pushing chair towards L. No corroboration is available that confirming the fact that W had pushed the chair towards legs of L. Due to lack of evidences, no strict action can be taken against W. Answer B: According to Collective Bargaining Agreement (CBA) Article 15 (Discipline/Discharge Procedures), disciplinary actions can be taken against employees only in two conditions such as incompetence or misconduct (University of South Florida, 2013). Disciplinary actions can be taken against particular employee if his/her behavior hurts legitimate interests of employer. Behavior of W has negatively affected legitimate interests of Alternative Calendar Committee (ACC). According to Collective Bargaining Agreement (CBA) Article 15 (Discipline/Discharge Procedures), as labor union representative, employee has the right to ask for investigatory questioning for any kind disciplinary actions (University of South Florida, 2013). Upon such investigatory questioning, no witness has been found that confirming the fact that W had used inappropriate languages or pushed chair towards L. Based on above justification, W can be convicted on the ground of minor misconduct. Due to lack of evidence s, harsh disciplinary actions cannot be taken against W. Phrases like â€Å"legitimate interests†, â€Å"incompetence†, â€Å"misconduct† and â€Å"investigatory questioning† has helped me as arbitrator to understand context of the case and justify the award being mentioned in the earlier question. For example, â€Å"legitimate interests† phrase helped this arbitrator to justify the ground on which disciplinary actions can be taken against W. Therefore, it can be said that (CBA) Article 15 (Discipline/Discharge Procedures)