In this paper, we study information asymmetries about verifiability between a principal and an agent. Our main result is that an information asymmetry about verifiability not only reduces the usefulness of a given performance measure for stewardship purposes, it can completely destroy that...

This paper explores quot;revenue accountingquot; in contrast to traditional quot;cost accounting.quot; Revenue accounting is to serve information needs of managers and investors in planning and controlling a firm's sales activities and their financial consequences, especially in the E-Commerce...

Richard Mattessich's Accounting and Analytical Methods (1964) and Yuji Ijiri's Theory of Accounting Measurement (1975) are two classic works of American accounting literature written by eminent scholars. Mattessich's work contributed to the debate around the role of accountants in designing...