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Papers On Miscellaneous Economic Issues
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The Purpose of Adjusting Accounting Entries:
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This 3 page paper examines why adjusting entries is necessary, based upon the hypothetical assertion that the purpose of adjusting entries is to correct a mistake. This paper contends that this is NOT the reason for such adjustments, and explains the reasoning for this. Bibliography lists 1 source.
Filename: GSAccnts.rtf

THE PURPOSE OF STATEMENT OF CASH FLOWS
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This 7-page paper focuses on the purpose of a statement of cash flows (cash flow statement) and what it is. Also discussed are cash flow ratios. Bibliography lists 4 sources.
Filename: MTcashflst.rtf

The Reality of Minimum Wage Laws
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An 11 page paper discussing the effect of minimum wage in terms of supply and demand. Attempting to equate a minimum wage with a living wage creates a no-win situation for everyone involved, particularly unskilled or inexperienced workers. Minimum wage needs to exist, but certainly should not be increased. Rather, the federal government needs to allow market forces to have more freedom to operate, leading to a form of prosperity undergirded by more than political rhetoric. Bibliography lists 8 sources.
Filename: KSeconMinWgSupD.rtf

The Regulatory Framework; Cases Calling for Change
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This 10 page paper consider the regulatory framework for accounting by looking at some specific cases that demonstrate problems with the current framework. The cases are broad ranging and include Re London v General Bank (no 2) 1895, the GEC take-over of AEI 1967, Pergamon 1968, the Law Society v KPMG Peat Marwick (2000), and finally the Robert Maxwell case. The paper considers the problems individual and then goes on to discuses potential solutions. The bibliography cites 10 sources.
Filename: TEaccase.wps

The Relationship Between Critical Thinking And Decision-Making
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6 pages in length. Human beings are said to be the most intelligent species in the entire animal kingdom, mainly due to the fact that they can reason, think critically and apply that ability to rational decision making. That the accounting field is one which necessitates complete cognition in order to be achieved speaks to the mandatory presence of critical thinking and decision making. Bibliography lists 7 sources.
Filename: TLCCritDec.rtf

The Relationship between Seigniorage, Exchange Rate Mechanisms and Monetary Policy: A Review
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This 5 page considers an article published in 1995 entitled 'Government Spending, Monetary Policy and Exchange Rate Regime Switches: The Drachma in the Gold Standard Period' by Sophia Lazaretou. The argument of correlation between these factors is considered by reviewing the article and the way in which the case and related evidence is presented. The bibliography Cites 1 source.
Filename: TElitrev.wps

THE RISE AND FALL OF ENRON: A REVIEW
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This 3-page paper is a review about C. William Thomas, and his April, 2002 article “The rise and fall of Enron” (published in the Journal of Accountancy). The paper discusses the subject of the article, as well as describing weaknesses and strenghts. Bibliography lists 1 source.
Filename: MTenracc.rtf

The Rising and Lowering of Gas Prices
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This 3 page paper evaluates gas prices after it had dropped down to about two dollars per gallon in the autumn of 2006. This paper evaluates the trends. Bibliography lists 3 sources.
Filename: SA644gas.rtf


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