The Accounting Court: Some Speculations on Why Not?

Gary Kleinman, Pamela Strickland, Asokan Anandarajan

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

The accounting court proposed by Spacek (Account Rev 33(3):368, 1958) was a potent and controversial idea. The court would provide a venue to which auditing firms and clients could bring disputes over the application of accounting principles and over time would build a database of casework illustrating the court’s decisions on proper application and interpretation of accounting principles. In this paper, we contribute to the literature on the accounting court and on standard setting by analyzing group value orientations and motivations that should promote the likelihood of an accounting court appearing in these times. We base our analysis in value group theory (Shakun 1988 Evolutionary systems design: policymaking under complexity and group group decision support systems. Holden-Day, Oakland, CA.), an analysis rooted in an examination of operational and terminal values of key participants. The analysis brings to light a contradiction between the terminal values of the key players and the actions of those players. We argue that common conditions of existence came between the operational goals and terminal values in the accounting domain and key actors willingness to seek the specified values. This analysis provides a flexible but powerful tool for analyzing motivations that may influence behavior of key organizations in the accounting domain.

Original languageEnglish
Pages (from-to)845-871
Number of pages27
JournalGroup Decision and Negotiation
Volume25
Issue number4
DOIs
StatePublished - 1 Jul 2016

Fingerprint

speculation
Group theory
Decision support systems
Systems analysis
Values
casework
group decision
Group
value-orientation
auditing
court decision
Speculation
firm
examination
interpretation
Accounting principles

Keywords

  • Accounting court
  • Accounting principles
  • Auditing
  • Standard setting
  • Value group theory

Cite this

Kleinman, Gary ; Strickland, Pamela ; Anandarajan, Asokan. / The Accounting Court : Some Speculations on Why Not?. In: Group Decision and Negotiation. 2016 ; Vol. 25, No. 4. pp. 845-871.
@article{280c1ae36f684c1297f66a2aeaea614d,
title = "The Accounting Court: Some Speculations on Why Not?",
abstract = "The accounting court proposed by Spacek (Account Rev 33(3):368, 1958) was a potent and controversial idea. The court would provide a venue to which auditing firms and clients could bring disputes over the application of accounting principles and over time would build a database of casework illustrating the court’s decisions on proper application and interpretation of accounting principles. In this paper, we contribute to the literature on the accounting court and on standard setting by analyzing group value orientations and motivations that should promote the likelihood of an accounting court appearing in these times. We base our analysis in value group theory (Shakun 1988 Evolutionary systems design: policymaking under complexity and group group decision support systems. Holden-Day, Oakland, CA.), an analysis rooted in an examination of operational and terminal values of key participants. The analysis brings to light a contradiction between the terminal values of the key players and the actions of those players. We argue that common conditions of existence came between the operational goals and terminal values in the accounting domain and key actors willingness to seek the specified values. This analysis provides a flexible but powerful tool for analyzing motivations that may influence behavior of key organizations in the accounting domain.",
keywords = "Accounting court, Accounting principles, Auditing, Standard setting, Value group theory",
author = "Gary Kleinman and Pamela Strickland and Asokan Anandarajan",
year = "2016",
month = "7",
day = "1",
doi = "10.1007/s10726-015-9456-4",
language = "English",
volume = "25",
pages = "845--871",
journal = "Group Decision and Negotiation",
issn = "0926-2644",
publisher = "Springer Netherlands",
number = "4",

}

The Accounting Court : Some Speculations on Why Not? / Kleinman, Gary; Strickland, Pamela; Anandarajan, Asokan.

In: Group Decision and Negotiation, Vol. 25, No. 4, 01.07.2016, p. 845-871.

Research output: Contribution to journalArticle

TY - JOUR

T1 - The Accounting Court

T2 - Some Speculations on Why Not?

AU - Kleinman, Gary

AU - Strickland, Pamela

AU - Anandarajan, Asokan

PY - 2016/7/1

Y1 - 2016/7/1

N2 - The accounting court proposed by Spacek (Account Rev 33(3):368, 1958) was a potent and controversial idea. The court would provide a venue to which auditing firms and clients could bring disputes over the application of accounting principles and over time would build a database of casework illustrating the court’s decisions on proper application and interpretation of accounting principles. In this paper, we contribute to the literature on the accounting court and on standard setting by analyzing group value orientations and motivations that should promote the likelihood of an accounting court appearing in these times. We base our analysis in value group theory (Shakun 1988 Evolutionary systems design: policymaking under complexity and group group decision support systems. Holden-Day, Oakland, CA.), an analysis rooted in an examination of operational and terminal values of key participants. The analysis brings to light a contradiction between the terminal values of the key players and the actions of those players. We argue that common conditions of existence came between the operational goals and terminal values in the accounting domain and key actors willingness to seek the specified values. This analysis provides a flexible but powerful tool for analyzing motivations that may influence behavior of key organizations in the accounting domain.

AB - The accounting court proposed by Spacek (Account Rev 33(3):368, 1958) was a potent and controversial idea. The court would provide a venue to which auditing firms and clients could bring disputes over the application of accounting principles and over time would build a database of casework illustrating the court’s decisions on proper application and interpretation of accounting principles. In this paper, we contribute to the literature on the accounting court and on standard setting by analyzing group value orientations and motivations that should promote the likelihood of an accounting court appearing in these times. We base our analysis in value group theory (Shakun 1988 Evolutionary systems design: policymaking under complexity and group group decision support systems. Holden-Day, Oakland, CA.), an analysis rooted in an examination of operational and terminal values of key participants. The analysis brings to light a contradiction between the terminal values of the key players and the actions of those players. We argue that common conditions of existence came between the operational goals and terminal values in the accounting domain and key actors willingness to seek the specified values. This analysis provides a flexible but powerful tool for analyzing motivations that may influence behavior of key organizations in the accounting domain.

KW - Accounting court

KW - Accounting principles

KW - Auditing

KW - Standard setting

KW - Value group theory

UR - http://www.scopus.com/inward/record.url?scp=84949817798&partnerID=8YFLogxK

U2 - 10.1007/s10726-015-9456-4

DO - 10.1007/s10726-015-9456-4

M3 - Article

AN - SCOPUS:84949817798

VL - 25

SP - 845

EP - 871

JO - Group Decision and Negotiation

JF - Group Decision and Negotiation

SN - 0926-2644

IS - 4

ER -