The Journal of Accounting and Finance (JAF) is dedicated to the advancement and dissemination of research across all the leading fields of financial inquiry by publishing, through a blind, refereed process, ongoing results of research in accordance with international scientific or scholarly standards. Articles are written by business leaders, policy analysts and active researchers for an audience of specialists, practitioners and students in all areas related to financial and accounting in business and education. Studies reflecting issues concerning budgeting, taxation, process, investments, regulatory procedures, and business financial analysis are suitable themes. JAF also covers theoretical and empirical analysis relating to financial reporting, asset pricing, financial markets and institutions, corporate finance, and corporate governance. Articles of regional interest are welcome, especially those dealing with lessons that may be applied in other regions around the world.
Hiring and retaining talent is one of the top challenges CFOs will face, and understanding what employees want can help ease that challenge. For many, the answer is meaningful work, and CFOs know technology plays a role in this. A global survey of 260 CFOs found that nearly half of CFOs (48%) plan to invest in technology to streamline finance tasks. Even more striking, nearly all (99%) of those making technology a priority agree that technology updates will become even more important for both attracting and retaining employees.
But one of accounting's most ambitious goals aims to change that: A zero-day close leverages intelligent automation and continuously available, up-to-date information to close the books at any time, dramatically accelerating the pace of internal reporting and data analysis. No wonder 86% of finance executives say they've set their sights on achieving a faster, real-time close by 2025, according to Gartner, with more than half of respondents already deploying investments such as general ledger technology and workflow automation.
In an increasingly complex and interconnected business environment, C-suite leaders recognize that real-time, data-driven decision-making is more important than ever. And while accounting has traditionally been considered a numbers-only profession focused on historical data, technology and transformation have repositioned accounting at the center of strategic decision-making and value creation. For example, accounting leaders are playing a critical role in driving an organization's environmental, social, and governance (ESG) strategy by leveraging technology to analyze data, surface insights, and influence ESG investment decisions.
Whether highlighting the financial implications of operational and strategic decisions, recognizing red flags and inefficiencies, or evaluating opportunities to reposition investments or improve performance, technology is empowering accounting teams to swiftly surface real-time insights and analyze the drivers behind the data. Our value as accountants is increasingly demonstrated by our ability to share insights and collaborate with other business functions to ultimately guide strategic planning and decision-making.
The trends reshaping the accounting and finance professions aren't wholly separate from the larger economic uncertainty and business volatility in which organizations operate today. In many ways, the urgent need for better adaptability and resilience have accelerated the profound shifts underway in how accounting works, contributes, and collaborates across the business. For those in accounting and finance, it looks to be an exhilarating and impactful year ahead. And we're just getting started.
Universal Journal of Accounting and Finance is an international peer-reviewed journal that publishes original and high-quality research papers in all areas of accounting and finance. As an important academic exchange platform, scientists and researchers can know the most up-to-date academic trends and seek valuable primary sources for reference.
Review of Quantitative Finance and Accounting deals with research involving the interaction of finance with accounting, economics and quantitative methods, focused on finance and accounting. The papers published present useful theoretical and methodological results with the support of interesting empirical applications. Purely theoretical and methodological research with the potential for important applications is also published. Besides the traditional high-quality, theoretical and empirical research in finance, the journal also publishes papers dealing with interdisciplinary topics.
European Journal of Accounting, finance and investment enjoys an excellent reputation as an academic journal that publishes articles addressing significant research questions from a broad range of perspectives. EJAFI initiates and fosters discussion on issues that significantly contribute to the disciplines of accounting, Finance and Investment, with emphasis on the implications of these disciplines in the ongoing globalization process in the 21st centur
Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more. Her expertise is in personal finance and investing, and real estate.
Asian Journal of Finance & Accounting (AJFA) is an internationally refereed journal published twice annually in June and December. The Journal is dedicated to the development, promotion and understanding of finance and accounting in their widest sense. Its main objective is to provide an online forum to disseminate findings of research in the fields of finance and accounting worldwide.
The journal is published online semiannually in June and December. We aim to post articles online within 3 weeks of acceptance. The journal accepts article submissions online or by e-mail. For any questions, please contact: firstname.lastname@example.org
Each paper published in AJFA is assigned a DOI number, which appears beneath the author's affiliation in the published paper. Click HERE to know what is DOI (Digital Object Identifier) Click HERE to retrieve Digital Object Identifiers (DOIs) for journal articles, books, and chapters.
Accounting & Finance is essential reading for academics, graduate students and all those interested in research in accounting and finance. The journal is also widely read by practitioners in accounting, corporate finance, investments, and merchant and investment banking.
Journal entries are the fundamental building blocks that provide the answers to those and other questions. Journal entries list vital data, such as how much was credited and debited, when and from which accounts. Each journal entry corresponds to one discrete business transaction and is eventually posted to the general ledger.
Each journal entry contains the data significant to a single business transaction, including the date, the amount to be credited and debited, a brief description of the transaction and the accounts affected. Depending on the company, it may list affected subsidiaries, tax details and other information.
Journal entries are made in chronological order and follow the double-entry accounting system, meaning each will have both a credit and a debit column. Even when debits and credits are linked to multiple accounts, the amounts in both columns must be equal. For example, say a company spends $277.50 catering lunch for employees. The expenses account increases by that amount, while the cash account, which is an asset, decreases by $277.50 because that money is now spent.
In accounting, the basic principle is the same: An adjusting journal entry to account for the accruing interest on a bank loan will debit the Interest Expense account and credit the Accrued Interest Payable account.
The purpose of a journal entry is to physically or digitally record every business transaction properly and accurately. If a transaction affects multiple accounts, the journal entry will detail that information as well.
Accurate and complete journals are also essential in the auditing process, as journal entries provide detailed accounts of every transaction. Auditors, both internal and external, will look for entries or adjustments that lack the proper documentation, explanations or approvals or that are outside the norm for the business.
There are six types of journal entries, or seven if you count the archaic, vague and seldom-used single entry. The single journal entry is not used in standard accounting, which is double-entry based. It is more suited to checkbook balancing than to business accounting, which involves many accounts.
These entries carry over the ending balance from the previous accounting period as the beginning balance for the current accounting period. For example: The ending balance of the Cash account on the balance sheet from the previous accounting period was $11,000 after all liabilities were paid for the period. That balance of $11,000 is now the opening entry for the current accounting period.
Transfer entries move, or allocate, an expense or income from one account to another. For example, MyToys Manufacturing transfers cash from its main account to a subsidiary. A transfer journal entry accounts for the transfer of the money from one account to another. No third party is involved in these entries, and transfers must always net zero.
These entries mark the end of an accounting period at a balance that can then be transferred from a temporary account to a permanent one, or from one accounting period to the next. In the case of temporary accounts, the closing entry zeros out the account, and any balance above that is transferred to another, more permanent account. The temporary account is then closed. 59ce067264