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  • All HBS Web  (7,389)
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    • Events  (34)
    • Multimedia  (212)
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  • All HBS Web  (7,389)
    • People  (11)
    • News  (2,001)
    • Research  (4,427)
    • Events  (34)
    • Multimedia  (212)
  • Faculty Publications  (3,358)
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  • August 2009
  • Article

Mental Accounting and Small Windfalls: Evidence from an Online Grocer

By: John Beshears and Katherine L. Milkman
We study the effect of small windfalls on consumer spending decisions by comparing the purchases online grocery customers make when redeeming $10-off coupons with the purchases they make without coupons. Controlling for customer fixed effects and other variables, we... View Details
Keywords: Mental Accounting; Windfalls; Marginal Propensity To Consume; Coupons; Marketing Communications; Consumer Behavior; Accounting; Cognition and Thinking; Retail Industry
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Beshears, John, and Katherine L. Milkman. "Mental Accounting and Small Windfalls: Evidence from an Online Grocer." Journal of Economic Behavior & Organization 71, no. 2 (August 2009): 384–394.

    Accounting for Crises

    While neoclassical models suggest that improving the quality of financial information tightens the link between the realization of the information and the underlying fundamentals, models of recent crises suggest that higher information quality can generate... View Details
    • June 1992 (Revised September 2004)
    • Background Note

    Introduction to Accounting Records

    By: William J. Bruns Jr.
    An introduction to the vocabulary and methodology of bookkeeping and accounting records. View Details
    Keywords: Accounting
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    Bruns, William J., Jr. "Introduction to Accounting Records." Harvard Business School Background Note 192-153, June 1992. (Revised September 2004.)
    • July–August 2023
    • Article

    Accounting for Carbon Offsets

    By: Robert S. Kaplan, Karthik Ramanna and Marc Roston
    Markets for carbon trading function poorly, and many traded offsets do not actually perform as promised. Without robust protocols for monitoring offsets and in the absence of proper accounting mechanisms, market-based approaches to reducing atmospheric GHG will be... View Details
    Keywords: Climate Change; Environmental Accounting; Environmental Regulation
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    Kaplan, Robert S., Karthik Ramanna, and Marc Roston. "Accounting for Carbon Offsets." Harvard Business Review 101, no. 4 (July–August 2023): 126–137.
    • 01 Jan 2007
    • News

    Accounting Hall of Fame

    • May 2005 (Revised May 2006)
    • Background Note

    Accounting for Asset-Backed Securitization

    Introduces the basic concept of asset securitization and the accounting for these transactions. View Details
    Keywords: Accounting; Investment
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    Miller, Gregory S., and Jacob Cohen. "Accounting for Asset-Backed Securitization." Harvard Business School Background Note 105-077, May 2005. (Revised May 2006.)
    • September 1992 (Revised September 2004)
    • Background Note

    Accounting for Current Assets

    By: William J. Bruns Jr.
    An introduction to accounting for current assets: receivables, inventories, and other current assets. Included are discussions of FIFO, LIFO, average cost, and explanation of accounting for manufactured inventories. To be assigned with cases on inventory valuation as... View Details
    Keywords: Accounting; Assets
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    Bruns, William J., Jr. "Accounting for Current Assets." Harvard Business School Background Note 193-048, September 1992. (Revised September 2004.)
    • December 1999 (Revised November 2010)
    • Background Note

    Inflation Accounting and Analysis

    By: David F. Hawkins
    Describes alternative approaches to accounting for business activities during periods of inflation. Presents hints and techniques for analyzing financial statements during inflationary periods. A rewritten version of an earlier note. View Details
    Keywords: Cost Accounting; Financial Statements; Inflation and Deflation
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    Hawkins, David F. "Inflation Accounting and Analysis." Harvard Business School Background Note 100-063, December 1999. (Revised November 2010.)
    • 2003
    • Book

    Management Accounting

    By: A. Atkinson, R. S. Kaplan and M. Young
    Keywords: Cost Accounting
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    Atkinson, A., R. S. Kaplan, and M. Young. Management Accounting. 4th ed. Upper Saddle River, NJ: Prentice Hall, 2003.
    • June 2021 (Revised November 2024)
    • Case

    MicroStrategy: Accounting for Cryptocurrency

    By: Jonas Heese and Annelena Lobb
    On February 15, 2021, Alina Moss, an analyst who covered the technology company MicroStrategy, pondered a rise in MicroStrategy’s share price. Moss had dialed into the company earnings call. When it ended, Moss had more questions than answers. MicroStrategy had... View Details
    Keywords: Cryptocurrency; Share Price; Electronic Commerce; Intangible Assets; Assets; Accounting; Financial Statements; Financial Management; Financial Reporting; Analytics and Data Science; E-commerce
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    Heese, Jonas, and Annelena Lobb. "MicroStrategy: Accounting for Cryptocurrency." Harvard Business School Case 121-066, June 2021. (Revised November 2024.)
    • December 1999 (Revised December 2010)
    • Background Note

    Accounting for Income Taxes

    By: David F. Hawkins
    Accounting for Income taxes under US-GAAP and IFRS. Analysis of income tax information in financial statements. View Details
    Keywords: Financial Statements; Taxation; Standards
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    Hawkins, David F. "Accounting for Income Taxes." Harvard Business School Background Note 100-035, December 1999. (Revised December 2010.)
    • 02 Nov 2020
    • Working Paper Summaries

    Accounting for Organizational Employment Impact

    Keywords: by David Freiberg, Katie Panella, George Serafeim, and T. Robert Zochowski
    • 9 AM – 10 AM EDT, 20 Mar 2019
    • HBS Online

    HBS Online Financial Accounting

    Learn how managers, Wall Street analysts, and entrepreneurs use an understanding of accounting to unlock critical insights from financial statements and drive strategic decision making. Program Dates: March 20, 2019 - May 15, 2019 View Details
    • 2024
    • Working Paper

    Employer-Based Short-Term Savings Accounts

    By: Sarah Holmes Berk, John Beshears, Jay Garg, James J. Choi and David Laibson
    We study the introduction of a choice architecture design intended to increase short-term savings among employees at five U.K. firms. Employees were offered the opportunity to opt into a payroll deduction program that auto-deposits funds from each paycheck into a... View Details
    Keywords: Behavior; Personal Finance; Investment Funds; Employees; Saving; United Kingdom
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    Berk, Sarah Holmes, John Beshears, Jay Garg, James J. Choi, and David Laibson. "Employer-Based Short-Term Savings Accounts." NBER Working Paper Series, No. 32074, January 2024.
    • 9 AM – 10 AM EDT, 07 Aug 2019
    • HBS Online

    HBS Online Financial Accounting

    Learn how managers, Wall Street analysts, and entrepreneurs use an understanding of accounting to unlock critical insights from financial statements and drive strategic decision making. Program Dates: August 7, 2019 - October 2, 2019 View Details
    • June 2005 (Revised September 2005)
    • Case

    Accounting at MacCloud Winery

    By: David F. Hawkins, Robert S. Kaplan and Gregory S. Miller
    Uses a fictional new winery to introduce accounting concepts and practices such as assets, liabilities, expenses, the matching principle, and contingent activities. Designed to approach the subject at a conceptual level, allowing class discussion to focus on the... View Details
    Keywords: Financial Reporting; Theory; Accounting
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    Hawkins, David F., Robert S. Kaplan, and Gregory S. Miller. "Accounting at MacCloud Winery." Harvard Business School Case 105-081, June 2005. (Revised September 2005.)
    • Article

    Management by Accounting is Not Management Accounting

    By: Robert S. Kaplan
    Keywords: Management; Accounting
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    Kaplan, Robert S. "Management by Accounting is Not Management Accounting." Forum. CFO 4, no. 7 (July 1988).
    • October 1991 (Revised May 1993)
    • Background Note

    Brief Introduction to Cost Accounting

    By: William J. Bruns Jr.
    Introduces the reasons for and basics of cost accounting and cost management systems. Simple definitions of forms used in cost accounting are included. Cost behavior is discussed. Questions to which answers are needed when analyzing or designing a cost system are... View Details
    Keywords: Cost Accounting; Cost Management
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    Bruns, William J., Jr. "Brief Introduction to Cost Accounting." Harvard Business School Background Note 192-068, October 1991. (Revised May 1993.)
    • October 2008 (Revised August 2009)
    • Case

    Subprime Crisis and Fair-Value Accounting

    By: Paul M. Healy, Krishna G. Palepu and George Serafeim
    This case examines the challenges in implementing fair value accounting for mortgage instruments, the role of accounting in the sub-prime crisis, and proposals for revising accounting standards given the crisis. View Details
    Keywords: Fair Value Accounting; Financial Crisis; Debt Securities; Mortgages; Standards
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    Healy, Paul M., Krishna G. Palepu, and George Serafeim. "Subprime Crisis and Fair-Value Accounting." Harvard Business School Case 109-031, October 2008. (Revised August 2009.)
    • July 2005 (Revised September 2020)
    • Case

    The U.S. Current Account Deficit

    By: Laura Alfaro, Rafael Di Tella, Ingrid Vogel, Renee Kim, Sarah Jeong, Matthew Johnson and Jonathan Schlefer
    Investors and policymakers throughout the world were confronted with the risk of painful economic consequences arising from the large U.S. current account deficit. In 2007, the U.S. current account deficit was $731 billion, equivalent to 5.3% of GDP. The implications... View Details
    Keywords: World Economy; Macroeconomics; Borrowing and Debt; Currency; Foreign Direct Investment; Business and Government Relations; United States
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    Alfaro, Laura, Rafael Di Tella, Ingrid Vogel, Renee Kim, Sarah Jeong, Matthew Johnson, and Jonathan Schlefer. "The U.S. Current Account Deficit." Harvard Business School Case 706-002, July 2005. (Revised September 2020.)
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