Papers by Gerhard Kristandl
Routledge eBooks, Oct 18, 2022
Accounting Controls at the Kelheim Brewery in the Seventeenth Century–Single Entry Accounting as Fit for Purpose
DOAJ (DOAJ: Directory of Open Access Journals), 2022
Implementing PebblePad – an evaluation of workaround
This paper will report on the collaborative initiative between staff and students on the PG Certi... more This paper will report on the collaborative initiative between staff and students on the PG Certificate in Higher Education to develop a workable e-portfolio for the programme using the PebblePad platform. Cloud-based e-portfolios have been around for at least the last five years and there is a healthy literature around their use. Granburg (2010) identifies three genres of portfolio, of which the PG Cert in HE portfolio falls mainly in the summative credential. Its function is to provide evidential basis for recognition of student’s professionalism as Fellows of the HEA. Initial work by the teaching team indicated that preprepared PebblePad profiles were being used in several parts of the University. A profile was duly developed around the UK Professsional Standards Framework (UKPSF) and published to the group via a gateway. During the first sessions students were encouraged to explore its use. The profile solution was clunky: it forced students to append their coursewor...
Controlling in der digitalen Wirtschaft
Springer Reference Wirtschaft, 2022
Teaching in Higher Education, 2021
Retention and progression issues are complex problems that need to be addressed by the Higher Edu... more Retention and progression issues are complex problems that need to be addressed by the Higher Education sector. This paper views the academic self-efficacy of students as an important matter which is linked to retention and progression. The study employs online student surveys to analyse the differences in self-efficacy among year one students on accounting and finance, and business undergraduate programmes at a United Kingdom university with a widening participation agenda. The study references student discussion forums to share the voices of year one students, exploring how confident they feel about their ability to progress. It finds no association between performance and ethnicity, but that student performance is associated with gender and type of entry qualification. The social aspect of learning, and its value in supporting sources of academic selfefficacy, is a theme which emerged strongly in the forums. ARTICLE HISTORY Received 30 June 2021 Accepted 16 November 2021
Purpose-This paper aims to investigate the association between the level of voluntary disclosure ... more Purpose-This paper aims to investigate the association between the level of voluntary disclosure and cost of equity capital (COEC). Design/methodology/approach-Two disclosure indices following Botosan and Hail are developed and applied in an OLS regression on 95 listed companies from Austria, Germany, Sweden, and Denmark; the indices are defined according to the temporal context (historical, forward-oriented) of information provided in annual reports. Findings-An expected negative relationship is found between the level of forward-oriented information and COEC, and an unexpected positive relationship is found between the level of historical information and COEC. Research limitations/implications-The sample is restricted to 95 listed companies in 2005. The disclosure index and COEC are not directly observable, and thus rely on constructs. Methodological drawbacks might include an endogeneity bias as well as investors not having homogeneous expectations and knowledge about capital markets. Practical implications-Traditional financial reporting models might not provide enough information in order to reduce information asymmetry and COEC. The findings provide insight into the impact of a required increased level of additional corporate information on corporate metrics, especially to standard setters and academic researchers as well as practitioners. Originality/value-The current research contributes in three ways: the application of a disclosure index on an international sample; the employment of a new approach to computing COEC, explicitly matching input variables to a pre-specified estimation date; and the provision of evidence on the different impact of the temporal context of voluntarily disclosed information.
Business Information Systems for Accounting Students
Business Information Systems for Accounting Students offers a more practical approach than the ty... more Business Information Systems for Accounting Students offers a more practical approach than the typical accounting information systems textbook. The text covers the technical foundations of the topic, and provides a unique insight into what information systems and technology mean for accountants in today's business environment. Providing a contemporary education for undergraduate accounting students, Quinn and Kristandl offer a fresh perspective that is relevant to both UK and international students of computerised accounting, accounting information systems or accounting technology. Key features of the text include: •Real life examples with QR codes for easy access on smart devices . Examples are drawn from leading organizations such as Ryanair, Marks and Spencer, SAP and The World Bank. •Coverage of the features of selected office, accounting and business software •Mini-cases to show how technology benefits business
Compass: Journal of Learning and Teaching, 2021
The Open Broadcaster Software (OBS) Studio is a free software that enables tutors to overcome the... more The Open Broadcaster Software (OBS) Studio is a free software that enables tutors to overcome the typical restrictions of video conferencing software like MS Teams or Zoom. This paper develops from a real-life situation where the pandemic-induced move to online teaching has put severe restrictions on otherwise engaging teaching and student activities – specifically role-plays and use of props - hitherto run in the classroom. The goal is to demonstrate how OBS Studio was set-up and employed to overcome this situation. In doing so, the paper offers a simple set-up tutorial for two scenes against this background to show that using OBS Studio is straightforward and intuitive.
The advent of the internet brought technological change at a more rapid pace than previous, and i... more The advent of the internet brought technological change at a more rapid pace than previous, and in the past two decades, businesses and consumers have witnessed the advent of technologies such as social media, cloud computing and big data. Relatively young companies such as Google, Amazon and Facebook have taken such technologies deeply within their business models.
Management accounting and management control ‐ Cloud technology effects and a research agenda
Cloud technology is a potential change factor of the management accounting function and the role ... more Cloud technology is a potential change factor of the management accounting function and the role of the management accountant. The management accounting function today has an inherent interest in the value of work processes and technologies (Lymer and Baldwin, 2012) that include technology development and evaluation (e.g. the decision whether or not to adopt and implement the cloud; cloud risk management), management process interfaces (e.g. issues when basing decisions on condensed information on small screens), resource use and value generation (e.g. shifts in the cost structure when adopting the cloud) and as a result, changes in the role of the management accountant itself. Based on this, we propose four potential research areas where cloud technology might impact management accounting, and thus may be fruitful avenues for future research We apply a systematic literature review to determine the current state of the field in these four areas, and how the management accounting fun...
Intellectual Capital Risk: The link between intellectual capital, voluntary disclosure, and cost of equity capital
In recent years, companies have undergone a process of change. No longer is it sufficient to repo... more In recent years, companies have undergone a process of change. No longer is it sufficient to report mandatory data to the capital markets, and companies are at risk of not realising value if they don't provide additional information; this holds true in particular for information on their Intellectual Capital (IC). Investors are likely to invest in a company that attempts to decrease the information asymmetry; this might turn into a benefit for the company by lowering the risk premium to be paid to investors. This book attempts to answer the question whether this assumed negative relation between disclosure level and cost of equity capital/risk premium can be confirmed in different temporal settings, namely for historical and forward-oriented information.
Relevance re-focused ‐ a preliminary exploration of management accounting in 'new' business models
This paper begins to explore how management accounting has evolved over recent years, with a part... more This paper begins to explore how management accounting has evolved over recent years, with a particular focus on business models centred around web-based business. A commonly referred online-business model is Web 2.0, which briefly here means that user participation with web pages and Internet sites is more prevalent. For example, in recent years the web has developed to include social media, rich user interaction and businesses without ‘bricks and mortar’ and ‘high street shops’. In this context, this paper explores how management accounting techniques and/or practices are used to provide key decision-making information to businesses operating within this environment. Johnson and Kaplan (1987) are often credited with sparking off an academic debate on the relevance of management accounting techniques to business. In essence, they argued that a dominant influence of financial accounting was one of the major reasons why management accounting had remained fairly static up to the 1980’...
It is now widely accepted that Information Technology (IT) has been, and still is, a major driver... more It is now widely accepted that Information Technology (IT) has been, and still is, a major driver for accounting to become a knowledge service profession (Granlund, 2011). AIS have grown into complex decision-support systems whilst increasing the speed and accuracy of more traditional accounting tasks (Mauldin and Ruchala, 1999). IT impacts the quality of the AIS (measured in terms of scope, timeliness, aggregation, reliability, flexibility and usefulness), which in turn impacts the quality of accounting information (Wisna, 2013). To become the enabling and empowering tool AIS are considered to be, they require technological underpinnings that facilitates their smooth operation (Choe, 1998; Gelinas, Dull and Wheeler, 2015; Ghasemi et al., 2011; Wisna, 2013). Inadequate technology underpinning AIS can burden the company with extra maintenance and data recovery costs, and issues with data reliability, security and privacy. Thus, inadequate technology can potentially corrupt the very o...
Cloud security, emotions and management accounting – a neoinstitutional-behavioural approach on decision-making on cloud adoption in SMBs
Cloud technology found its way into many businesses in the last five years or so. More and more b... more Cloud technology found its way into many businesses in the last five years or so. More and more business functions are being moved to the cloud, and with it data is moved outside the traditional boundaries of companies (Blandford 2011). As such, cloud technology has the ability to become a disruptive technology that can enable especially small and medium-sized businesses (SMBs) to access IT that has hitherto been too costly for them. Considering the purported benefits of cloud technology and the involvement of the management accounting function, it comes as a surprise that studies about cloud adoption have found that in spite of the benefits, the deployment of this new technology is – if at all - relatively slow (Strauss et al 2015; Bean 2011). I hypothesise that this is mainly due to a perception that it is still deemed risky to move data to the internet, as it is assumed that anybody with adequate technical skills could fairly easily access it. Such a perception may be exacerbated...
Technologies underpinning Accounting Information Systems
Implementing PebblePad – an evaluation of workaround
This paper will report on the collaborative initiative between staff and students on the PG Certi... more This paper will report on the collaborative initiative between staff and students on the PG Certificate in Higher Education to develop a workable e-portfolio for the programme using the PebblePad platform. Cloud-based e-portfolios have been around for at least the last five years and there is a healthy literature around their use. Granburg (2010) identifies three genres of portfolio, of which the PG Cert in HE portfolio falls mainly in the summative credential. Its function is to provide evidential basis for recognition of student’s professionalism as Fellows of the HEA. Initial work by the teaching team indicated that preprepared PebblePad profiles were being used in several parts of the University. A profile was duly developed around the UK Professsional Standards Framework (UKPSF) and published to the group via a gateway. During the first sessions students were encouraged to explore its use. The profile solution was clunky: it forced students to append their coursewor...
Cloud security, emotions and diffusion of innovation – a neoinstitutional-behavioural approach on decision-making on cloud adoption in SMBs
Cloud computing is often claimed to become a major enabling and disruptive innovation for busines... more Cloud computing is often claimed to become a major enabling and disruptive innovation for businesses. As business functions and data are being moved outside the traditional boundaries of companies (Blandford 2011), cloud providers assert that this new way of computing can enable especially small and medium-sized businesses (SMBs) to access information technology that has hitherto been inaccessible to them. In the nascent cloud industry, change agents such as cloud providers and business partners aim to convince decision-makers in SMBs that storing and processing their data off their premises will level the playing field in terms of IT, data processing, and as such, decision-making. Considering its purported benefits, it comes as a surprise that studies about cloud adoption have found the diffusion of this new technology among SMBs to be relatively slow and cautious (Strauss et al 2015; Bean 2011). A main factor might be the perception that sensitive data and functions are not secure...
Factors affecting power generation investments in Great Britain, c. 1960-2010
The British press have published many articles in recent years warning the public of the likeliho... more The British press have published many articles in recent years warning the public of the likelihood of ‘blackouts’ due to an investment hiatus within Great Britain’s (GB) electricity generation industry. Despite allegations of scaremongering, the privatised energy industry is facing multiple challenges. The ideology of a market-led industry seems to have failed. While reasons remain uncertain, according to a UK government White Paper1 there is little doubt that the market structure in 2010 was not capable of providing a secure supply of electricity. This White Paper initiated an Electricity Market Reform (EMR), which the industry is currently in the process of implementing; however, if it will resolve lack of investment within the industry is yet unknown. The vulnerability of GB’s electricity generation industry makes this alleged lack of investment an interesting perspective from which to review developments and investment procedures. This review provides an opportunity to reflect ...
Closer to the cloud - The impact of cloud technology on the role of management accountants – a research note
The role of the management accountant - has been the subject of many studies, especially in the a... more The role of the management accountant - has been the subject of many studies, especially in the area of accounting and organizational change. Some studies have found role changes which are perceived as positive to the management accountants (Goretzki et al, 2013, Burns and Vaivio, 2001; Weber, 2011), while others note potentially less favourable changes (Otley, 2008; Scapens and Jazayeri, 2003; Wagle, 1998). In particular, role changes suggesting a move towards a business partner/ business advisor type role have been noted by many academics (e.g. Goretzki et al., 2013; Weber, 2011; Baldvinsdottir et al., 2009; Byrne and Pierce, 2007; Jarvenpaa, 2007; Burns and Vaivio, 2001; Granlund and Lukka, 1998) as well as practitioners (Simons, 2012; Boettger, 2012). In such work, several theories such as institutional theory (Burns and Baldvinsdottir, 2005; Goretzki et al., 2013), legitimacy theory (Goretzki et al., 2013), sociometric theory (Wagner et al., 2011), contingency theory (Byrne and...
Intellectual Capital Risk
In recent years, companies have undergone a process of change. No longer is it sufficient to repo... more In recent years, companies have undergone a process of change. No longer is it sufficient to report mandatory data to the capital markets, and companies are at risk of not realising value if they don't provide additional information; this holds true in particular for information on their Intellectual Capital (IC). Investors are likely to invest in a company that attempts to decrease the information asymmetry; this might turn into a benefit for the company by lowering the risk premium to be paid to investors. This book attempts to answer the question whether this assumed negative relation between disclosure level and cost of equity capital/risk premium can be confirmed in different temporal settings, namely for historical and forward-oriented information.
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Papers by Gerhard Kristandl