Accounting: Labor, Capital and Product Markets
GENERAL ACCOUNTING THEORY, M. Dobija, ed., Krakow, Poland: Akademia Ekonomiczna W Krakowie, pp. 187-203, 2003
Posted: 19 Jul 2003
Accounting practices differ across geographic and political boundaries, across sectors of the economy within these boundaries, and across types of organizations. Globalization exerts a homogenizing force across the political and jurisdictional boundaries with mixed consequences. Development of markets for various factors of production exerts a similar integrative force across sectors of the economy, including the business, government and not-for-profit (NFP) sectors. In this paper is an overview of the sources, consequences, and limits of these forces as they relate to accounting.
Keywords: Factor Markets, Accounting, Globalization
JEL Classification: F23, M41, M47
Suggested Citation: Suggested Citation