Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida
Capital Markets Main Page |
Financial Reporting Main Page
Abdel-Khalik, A. R. 1986. A critique of "Market reactions to mandated interest capitalization." Contemporary Accounting Research 2(2): 242-251.
Angert, E. H. 1906. The proper distribution of interest on bonds between life tenants and remaindermen. Journal of Accountancy (August):. 259-274.
Anthony, R. N. 1982. Equity interest - Its time has come. Journal of Accountancy (December): 76-93.
Bao, D., Y. Kim, G. M. Mian and L. Su. 2019. Do managers disclose or withhold bad news? Evidence from short interest. The Accounting Review (May): 1-26.
Baril, C. P., R. L. Benke Jr. and G. W. Buetow. 1996. Managing risk with derivatives. Management Accounting (October): 20-22, 24, 26-27. (Explanation of four types of financial derivatives (forwards, futures, options, and swaps) and how to use them to manage financial risk, i.e., the uncertainty associated with fluctuations in interest rates, currency exchange rates, and the prices of commodities and equities).
Bartley, J. W. and L. F. Davidson. 1982. The entity concept and accounting for interest costs. Journal of Accounting & Business Research (Summer): 175-182.
Bauer, J. 1913. The accounting of interest and discount on notes. Journal of Accountancy (April): 248-258.
Bauer, J. 1913. The accounting of interest and discount notes. Journal of Accountancy (May): 341-350.
Beatty, A., R. Petacchi and H. Zhang. 2012. Hedge commitments and agency costs of debt: Evidence from interest rate protection covenants and accounting conservatism. Review of Accounting Studies 17(3): 700-738.
Belser, F. C. 1919. Rapid calculation of compound interest processes. Journal of Accountancy (April): 241-248.
Berridge, A. 1913. The treatment of interest on manufacturing investment. Journal of Accountancy (July): 22-24.
Bierman, H. Jr. 1968. The term structure of interest rates and accounting for debt. The Accounting Review (October): 657-661.
Bivin, D. G. 1986. Inventories and interest rates: A critique of the buffer stock model. American Economic Review (March): 168-176.
Blackadar, C. G. 1986. Dynamic capitalization: An income approach in real dollars at real interest, part two: Making it work for you. Appraisal Journal (July): 325-355.
Blake, A. B. 1976. Interest is not a project cost. Management Accounting (July): 41-44.
Blum, J. D. 1978. Accounting and reporting for leases by lessees: The interest rate problems. Management Accounting (April): 25-28.
Bonner, P. 2017. Line items: IRS confirms instructions' 6-month extension for C corp. returns; IRS does not acquiesce to decision on ranching interest; Small employer HRA notice deadline pushed out. Journal of Accountancy (May): 75.
Botts, R. R. 1963. Interest and the truth-in-lending bill. The Accounting Review (October): 789-795.
Botts, R. R. and F. L. Garlock. 1955. Interest rates charged on installment purchases. The Accounting Review (October): 607-616.
Bowen, R. M., E. W. Noreen and J. M. Lacey. 1981. Determinants of the corporate decision to capitalize interest. Journal of Accounting and Economics (August): 151-179.
Brief, R. P. 1977. A note on andquot;rediscoveryandquot; and the rule of 69. The Accounting Review (October): 810-812. (Approximation for determining the number of periods it takes for a sum to double at a given interest rate).
Brown, L. D. 1986. Discussion of: Market reactions to mandated interest capitalization. Contemporary Accounting Research 2(2): 252-258.
Brown, P. W. 1924. Determination of net earnings available for bond interest. Harvard Business Review (January): 219-223.
Bryan, S. and S. Lilien. 2008. The case of interest rate swaps and questions for the Pozen committee. The CPA Journal (June): 26-31.
Bryant, J. D. 1964. Analysis of interest income variation. N.A.A. Bulletin (November): 54-58.
Bryant, K. Jr. and C. U. Phillips. 1978. Interest on equity capital and CASB standard 414. Management Accounting (August): 38-41, 47.
Buckmaster, D. and L. Brooks. 1982. Accounting for interest and long-term debt in an inflationary period. Management Accounting (May): 26-29.
Burke, Q. L., T. D. Warfield and M. M. Wieland. 2020. Value relevance of disaggregated information: An examination of the rate and volume analysis of bank net interest income. Accounting Horizons (March): 19-43.
Bursal, N. 1986. The use of interest as an element of cost in Germany in the 16th and 17the centuries. The Accounting Historians Journal 13(1): 63-70.
Byerly, R. A. 1941. Determining the effective rate of interest on a series of bonds. The Accounting Review (September): 281-287.
Cabot, P. C. 1926. Interest rates and utility stock prices. Harvard Business Review (July): 431-438.
Cassell, C. A., M. S. Drake and S. J. Rasmussen. 2011. Short interest as a signal of audit risk. Contemporary Accounting Research 28(4): 1278-1297.
Castenholz, W. B. 1918. Is interest on invested capital a cost? Journal of Accountancy (April): 248-254.
Chasteen, L. G. 2005. Teaching variable interest entities under FIN 46: Untangling risks, expected losses, and expected residual returns. Journal of Accounting Education 23(1): 47-66.
Chatterjee, B. K. 1983. Treatment of interest as an element of product cost. The Chartered Accountant (August): 85-91.
Chen, X., G. Gong and S. Luo. 2022. Short interest and corporate investment: Evidence from supply chain partners. Contemporary Accounting Research 39(2): 1455-1508.
Chen, Z., A. Z. Liu, G. S. Seow and H. Xie. 2010. Does mandatory retrospective hedge effectiveness assessment under ASC 815 provide risk-relevant information? Accounting Horizons (September): 61-85.
Cheng, M., L. D. Hodder and J. Watkins. 2021. Usefulness of interest income sensitivity disclosures. The Accounting Review (January): 117-146.
Chu, L., R. Mathieu and C. Mbagwu. 2018. The association between firm fundamentals and bank interest rates under different measures of risk. Advances in Accounting: Incorporating Advances in International Accounting (41): 46-58.
Church, A. H. 1913. On the inclusion of interest in manufacturing costs. Journal of Accountancy (April): 236-241.
Cole, W. M. 1913. Interest on investment in equipment. Journal of Accountancy (April): 232-236.
Copeland, T. 2001. The real-options approach to capital allocation. Strategic Finance (October): 33-37. ("Real-options analysis considers what NPV doesn't and can't: the value of flexibility." The value of a real option is influenced by six variables: The value of the underlying project, the exercise price/investment cost, the volatility of the underlying project's value, the time to maturity, the risk-free interest rate, and dividends).
Cummings, B. K., N. G. Apostolou and W. G. Mister. 1987. Accounting for interest rate swaps: An emerging issue. Accounting Horizons (June): 19-24.
Curatola, A. P. 2016. Residential mortgage interest & co-ownership: The Ninth Circuit ruled that the limit for deducting interest from acquisition and home equity indebtedness is applied on a per person bases and not on a per-residence bases. Strategic Finance (February): 13-14.
Davies, H. J. 1915. Fair interest on investment in public utilities. Journal of Accountancy (January): 34-45.
Denison, H. 1913. Interest on capital as part of production cost. Journal of Accountancy (August): 145-149.
Dickinson, A. L. 1911. The fallacy of including interest and rent as part of manufacturing cost. Journal of Accountancy (December): 588-593.
Dickinson, A. L. 1913. The fallacy of including interest and rent as part of manufacturing cost. Journal of Accountancy (August): 89-98.
Drebin, A. R. 1963. Recognizing implicit interest in non-funded pension plans. The Accounting Review (July): 579-583.
Duffy, W. A. 1990. A graphical analysis of interest capitalization. Journal of Accounting Education 8(2): 271-284.
Dzinkowski, R. 2016. What's keeping CFOs awake at night in 2016? Companies will face off against some old foes again this year: Currency and interest rate fluctuations, cybersecurity, geopolitical instability, and international growing pains. Strategic Finance (January): 40-45.
Feltham, G. A. and J. A. Ohlson. 1999. Residual earnings valuation with risk and stochastic interest rates. The Accounting Review (April): 165-183.
Feroz, E. H. and E. R. Wilson. 1992. Market segmentation and the association between municipal financial disclosure and net interest costs. The Accounting Review (July): 480-495. (Part of a forum on accounting in the public sector).
Fetters, M. L. and J. L. Livingstone. 1989. Inconsistency in U.S. accounting standards: The treatment of interest. Abacus 25(2): 116-124.
Fick, K. F. 2008. Securitized profits: Understanding gain on sale accounting. Journal of Accountancy (May): 54-59. (Securitization is "the process by which loans, consumer installment contracts, leases, receivables, and other relatively illiquid assets with common features are packaged into interest-bearing securities with marketable investment characteristics.").
Finney, H. A. 1920. Students' department: Deceptive averages, Common stock, Sinking fund contributions, Changing from stock with par value to no-par stock, Sales cancellations and re-sales, Inventory reserve, Reserves and surplus, Profits on deferred payment sales, Capitalizing preliminary expense, Short method for computing interest on installment notes, Treasury stock, Indiana examinations, Contingent stock donation, Self-balancing ledger. Journal of Accountancy (December): 456-470.
Finney, H. A. 1921. Interest, packages and appreciation. Journal of Accountancy (May): 388-389.
Finney, H. A. 1921. Turnover, Reserve for sinking fund, Lease and purchase contract, Relation of cash discount to interest, Corporate reorganization and consolidation, Instalment contracts, Stock assessments, Stockholders' gift to corporation, Unrealized profit and depreciation. Journal of Accountancy (November): 372-387.
Finney, H. A. and C. Judson. 1921. Effective interest rate. Journal of Accountancy (May): 380-385.
Ford, D. A., D. A. Gerlowski, and P. J. Korb. 2011. Price versus interest rate expectations: Effects on home-buyer decisions. The CPA Journal (September): 46-49.
Fraser, E. 1923. To obtain sinking-fund payments from compound-interest tables. Journal of Accountancy (May): 321-334.
Fraser, J. A. 1912. Disposition of interest on mortgage. Journal of Accountancy (November): 426-427.
Gamoneda, R. G. 1967. Time to double at compound interest. The Accounting Review (January): 132-134.
Gause, E. C. 1918. Relation between interest and manufacturing costs. Journal of Accountancy (March): 187-190.
Gibbs, T. E. and L. J. McKell. 1977. Computing the implicit interest rate under SFAS No. 13. The Accounting Review (October): 925-929.
Gode, D. and J. Ohlson. 2004. Accounting-based valuation with changing interest rates. Review of Accounting Studies 9(4): 419-441.
Gough, E. C. 1913. Interest a factor of costs? Journal of Accountancy (June): 473-477.
Green, D. Jr. 1963. A schema for interest formulae. The Accounting Review (October): 833-834.
Griffin, P. A., H. A. Hong and J. Kim. 2016. Price discovery in the CDS market: The informational role of equity short interest. Review of Accounting Studies 21(4): 1116-1148.
Grove, H. D. and J. D. Bazley. 1997. Interest rate swaps. Journal of Accounting Education 15(4): 591-614.
Hughes, J. S. and W. E. Ricks. 1986. Market reactions to mandated interest capitalization. Contemporary Accounting Research 2(2): 222-241.
Jennings, R. M. 1966. Installment interest computations - True and quoted. The Accounting Review (April): 333-335.
Journal of Accountancy. 1906. Interest for odd days. Journal of Accountancy (September): 391-392.
Journal of Accountancy. 2017. Line items: Automatic accounting method change procedures updated; Private debt collection is said to be underway; Residents of 3 more countries now subject to U.S. interest reporting. Journal of Accountancy (July): 69.
Journal of Accountancy. 2018. Line items: IRS to shut down OVDP; Longer carried interest holding period includes S corporations. Journal of Accountancy (June): 61.
Keynes, J. M. 1936. General Theory of Employment, Interest and Money. Palgrave Macmillan.
Keynes, J. M. 1989. General Theory of Employment, Interest and Money. Harvest Books. (Reprint).
Lai, G., L. Debo and L. Nan. 2011. Channel stuffing with short-term interest in market value. Management Science (February): 332-346.
Laurent, M. 1988. Protect your pension surplus from interest rate risk. Management Accounting (September): 24-27.
Lee, S. and Z. Rezaee. 2022. The effect of alleged financial statement fraud on audit fees and short interest. Journal of Forensic Accounting Research 7(1): 210-236.
Lehmer, D. N. 1921. Interest rate of investments. Journal of Accountancy (July): 41-45.
Linsmeier, T. J., D. B. Thornton, M. Venkatachalam and M. Welker. 2002. The effect of mandated market risk disclosures on trading volume sensitivity to interest rate, exchange rate, and commodity price movements. The Accounting Review (April): 343-377.
Little, A. S. 1916. Brothers all. Journal of Accountancy (May): 344-353. (Related to bond values and compound interest).
Lukas, G. E. 1935. Prepaid interest. The Accounting Review (September): 298-301.
Madeo, S. A. and M. Pincus. 1985. Stock market behavior and tax rule changes: The case of the disallowance of certain interest deductions claimed by banks. The Accounting Review (July): 407-429.
Magee, H. C. 1918. Interest and cost. Journal of Accountancy (November): 398-400.
Mahon, G. and W. P. Hilton. 1916. Interest on capital. Journal of Accountancy (October): 253-264.
May, G. O. 1916. Reasons for excluding interest from cost. Journal of Accountancy (June): 401-409.
May, G. O. 1924. Interest as a cost. Journal of Accountancy (June): 475-476.
McTague, E. 1985. Capitalizing interest cost: How to make the computations. The Practical Accountant (November): 59-63.
Means, K. M. 1994. Effective interest ... On what basis? Accounting Horizons (June): 71-79.
Middleditch, L. Jr. 1917. Calculation of continuous compound interest. Journal of Accountancy (May): 338-348.
Miihkinen, A. 2013. The usefulness of firm risk disclosures under different firm riskiness, investor-interest, and market conditions: New evidence from Finland. Advances in Accounting: Incorporating Advances in International Accounting 29(2): 312-331.
Mozes, H. A. and A. I. Schiff. 1995. A critical look at SFAS 34: Capitalization of interest cost. Abacus 31(1): 1-17.
N.A.C.A. 1922. List of references on interest as an element of cost. National Association of Cost Accountants Official Publications (February 15): 3-10.
Nair, R. D., L. E. Rittenberg and J. J. Weygandt. 1990. Accounting for interest rate swaps - A critical evaluation. Accounting Horizons (September): 20-30.
Nurnberg, H. and J. A. Largay III. 1998. Interest payments in the cash flow statement. Accounting Horizons (December): 407-418.
Oglesby, E. J. 1925. A formula in compound interest. Journal of Accountancy (January): 34-36.
Pirrone, M. M. 2016. Innocent spouse relief from penalties and interest granted. Journal of Accountancy (August): 71-73.
Quigley, J. J. 1916. Treatment of interest on capital. Journal of Accountancy (April): 311.
Ragland, L. G. 2017. The association between compensated absences liabilities and interest cost on public school districts' general obligation bonds. Accounting Horizons (March): 37-55.
Rashty, J. 2017. Interest rate swaps. The CPA Journal (November): 42-47.
Reichert, C. J. 2015. Tax matters: Merged corporations can offset tax interest. Journal of Accountancy (February): 66-67.
Reichert, C. J. 2005. Note sale: Does it accelerate related-party interest deductions? Journal of Accountancy (March): 87-88.
Reif, B. and Buha. 2012. Tax preparers' liability for incurred interest charges: Eckert decision in California could lead to reduced taxpayer recovery. The CPA Journal (February): 66-67.
Richards, W. B. 1913. Interest not a charge against costs. Journal of Accountancy (April): 240-241.
Richardson, A. P. 1916. Interest and cost. Journal of Accountancy (September): 205-214.
Rosenstein, S. and R. O. Reed. 1988. An alternative approach to determining present and future value interest factors for annuities due. Journal of Accounting Education 6(2): 339-344.
Rue, J. C., D. E. Tosh and W. B. Francis. 1988. Accounting for interest rate swaps. Management Accounting (July): 43-49.
Rusbarsky, M. and D. B. Vicknair. 1999. Accounting for bonds with accrued interest in conformity with brokers' valuation formulas. Issues in Accounting Education (May): 233-253.
Ryan, S. G., R. H. Herz, T. E. Iannaconni, L. A. Maines, K. Palepu, C. M. Schrand, D. J. Skinner and L. Vincent. 2002. AAA Financial Accounting Standards Committee: Reporting fair value interest and value changes on financial instruments. Accounting Horizons (September): 259-267.
Ryan, V. 2010. Weighing your next move: Rock-bottom interest rates and new regulation call for a reexamination of short-term cash investments. CFO (May): 19-22.
Saibeni, A. A. 2014. How to calculate yield to maturity between interest rate dates. The CPA Journal (November): 66-71.
Salerno, D., J. Ruddy and R. Lawrence. 2020. Transitioning from LIBOR. LIBOR is expected to go away at the end of 2021, and SoFR is expected to replace it: What does this mean for companies with LIBOR exposure? Strategic Finance (July): 28-35. (LIBOR is the London Interbank Offered Rate).
Sanjour, W. 1968. A note on variable interest rates in cash flow computation. Management Science (January): 379.
Schrand, C. M. 1997. The association between stock-price interest rate sensitivity and disclosures about derivative instruments. The Accounting Review (January): 87-109.
Schreiber, S. P. 2018. IRS guidance addresses limitations on business interest expense. Journal of Accountancy (July): 64.
Scovell, C. H. 1924. Interest as a Cost. Ronald Press.
Sherritt, L. W. 1944. Simplifying the presentation of compound interest formulas. The Accounting Review (July): 310-314.
Shwayder, K. 1970. A proposed modification to residual income - Interest adjusted income. The Accounting Review (April): 299-307.
Simms, K. and V. Dushi. 2023. Carried interest. Strategic Finance (February): 15-16.
Simms, K., J. Smith and R. Moreschi. 2018. First look at the Tax Cuts and Jobs Act of 2017: Seven questions about the business interest expense deduction. The CPA Journal (July): 22-24.
Skinner, P. H. 1914. Computation of interest rates. Journal of Accountancy (August): 120-123.
Sosnick, S. H. 1962. Depreciation: The offsetting-interest method. The Accounting Review (January): 59-66.
Stelson, H. E. 1952. The rate of interest in installment payment plans. The Accounting Review (July): 366-369.
Stelson, H. E. and R. W. Snyder. 1953. Finding the rate of interest. The Accounting Review (October): 554-561.
Sterrett, J. E. 1913. Interest not a part of the cost of production. Journal of Accountancy (April): 241-244.
Suffern, E. L. 1913. Treatment of interest on manufacturing investment: Interest as an element of production costs. Journal of Accountancy (May): 329-335.
The Accounting Review. 1941. The Republic Company: Stop order, dividends on partly paid stock as interest income, investment trust accounting. The Accounting Review (March): 102-106.
The Accounting Review. 1960. AAA regional meetings gain interest. The Accounting Review (April): 363-367.
Thomas, A. L. 1968. Estimating the effective interest rate. The Accounting Review (July): 589-591.
Thulin, F. 1918. Deductibility of interest charges under federal tax laws. Journal of Accountancy (July): 23-32.
Tippett, M. 1980. The 'Agio' concept of interest and the a priori foundations of current operating profit. Abacus 16(1): 17-37.
Vasvari, F. P. 2012. Discussion of "Hedge commitments and agency costs of debt: Evidence from interest rate protection covenants and accounting conservatism". Review of Accounting Studies 17(3): 739-748.
Vatter, W. J. 1968. Continuous discounting and the force of interest. Management Accounting (August): 51-54.
Vierling, F. 1924. The interest question. Journal of Accountancy (January): 11-27.
Volk, C. 1999. The V formula. Strategic Finance (October): 58-62. (Investment management using four formulas, e.g., Formula 1: (Sales/investment x Operating profit margin - Portion financed x Interest rate - Annual capital investments/investment)/Portion of Equity = Current pre-tax ROE).
Walton, S. 1914. Students' department: Case/reply, Some common misconceptions, Imprest system, Partners' drawings, Interest on partners' capital, Problems/solutions. Journal of Accountancy (July): 64-79.
Walton, S. 1914. Students' department: Compound interest, Treatment of errors in old books out of balance. Journal of Accountancy (November): 380-392.
Walton, S. 1916. Interest and interest tables, sinking funds, valuing a leasehold, annuities, partial payments, bond tables, turnover, and necessity for national standard. Journal of Accountancy (October): 313-325.
Walton, S. 1916. Trade acceptances, rediscounting by banks, bank acceptances, unrealized profits, dividends on treasury stock, interest as construction cost. Journal of Accountancy (July): 58-69.
Walton, S. 1919. Interest on unpaid cumulative dividends, Deceptive averaging again, No-par-value stock and convertible notes. Journal of Accountancy (September): 236-239.
Walton, S. 1919. Treasury stock, Transactions between partner and firm, Stock not fully paid, Interest as an element of cost, Future value of real estate, Depreciation reserve in sale of factory. Journal of Accountancy (October): 305-314.
Walton, S., et al. 1918. Carrying stock in other companies, express charges, bonus stock, increase in market price of fixed assets, making good previous losses of capital, interest on deferred purchase price. Journal of Accountancy (November): 388-395.
Walton, S., H. A. Finney, et al. 1918. Students' department: Institute examination, Accounting theory and practice May 1918, outside investments, interest on investments, and valuation of assets bought with treasury stock. Journal of Accountancy (October): 306-320.
Walton, S., P. A. G., V. E. J. and E. Force. 1915. Students department: Items affecting different periods, installment notes, and interest as manufacturing cost. Journal of Accountancy (November): 387-391.
Warner, S. E. Jr. and F. D. Whitehurst. 1988. The educational impact of unresolved conceptual issues in interest capitalization. Journal of Accounting Education 6(2): 209-217.
Wildman, J. R. 1913. Interest on owned capital. Journal of Accountancy (June): 428-431.
Willekens, M. 2011. Discussion of “Short interest as a signal of audit risk”. Contemporary Accounting Research 28(4): 1298-1303.
Wright,W. C. 1915. Depreciation, interest and manufacturing cost. Journal of Accountancy (November): 361-364.
Young, D. W. 1976. Accounting for the cost of interest: Implications for the timber industry. The Accounting Review (October): 788-799.
Zimmer, I. 1986. Accounting for interest by real estate developers. Journal of Accounting and Economics (March): 37-51.