Accounting professor Gloria Vollmers’ paper, “Cost Accounting for War:\u00a0 Contracting Procedures and Cost-Plus Pricing in WWI Industrial Mobilization in Italy,” will be published in an upcoming issue of European Accounting Review, and international scholarly journal of the European Accounting Association.<\/p>\n
The paper explores the role played by cost accounting in Italy’s Industrial Mobilization System and in the largest firm manufacturing weaponry, Ansaldo of Genoa, during World War I.\u00a0 “While in other countries such as the U.K. and U.S., efficiency in buying and\u00a0 managing war material was an important part of military strategy, in Italy, various factors impeded it.,” she said.\u00a0 “The paper focuses on contracting procedures adopted by the Ministry of War and Ministry of Munitions and looks at the cost accounting practices in Ansaldo to see how costs were determined and how prices were set.\u00a0 We found a paradox.<\/p>\n
“On the one hand, despite knowledge of costing, the government did not impose cost controls on the producers of war material, nor on their profit rates.\u00a0 On the other hand, examining Ansaldo’s cost sheets we discover they underestimated their production costs leading the firm to losses despite its favorable political position.\u00a0 The paper contributes to the theoretical debate about the relationship between accounting and war in the Italian context where lobbying, collusion, bribery and private interests dominated the administrative behavior of public and private actors instead of efficiency, accountability, and honesty,”<\/p>\n
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Accounting professor Gloria Vollmers’ paper, “Cost Accounting for War:\u00a0 Contracting Procedures and Cost-Plus Pricing in WWI Industrial Mobilization in Italy,” will be published in an upcoming issue of European Accounting Review, and international scholarly journal of the European Accounting Association. The paper explores the role played by cost accounting in Italy’s Industrial Mobilization System and […]<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","spc_primary_category":0},"categories":[3],"tags":[],"class_list":["post-7943","post","type-post","status-publish","format-standard","hentry","category-news"],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","archive_9_5":"","portrait_3x4":"","image_16_9":"","image_15_7":"","image_25_7":"","3col-image_16_9":"","3col-image_15_7":"","3col-image_full":"","4col-image_16_9":"","4col-image_15_7":"","4col-image_full":"","6col-image_16_9":"","6col-image_15_7":"","6col-image_full":"","8col-image_16_9":"","8col-image_15_7":"","8col-image_full":"","9col-image_16_9":"","9col-image_15_7":"","9col-image_full":"","12col-image_16_9":"","12col-image_15_7":"","12col-image_full":"","post-thumbnail":"","gform-image-choice-sm":"","gform-image-choice-md":"","gform-image-choice-lg":"","umaps-featured-image":"","umaps-icon-size":""},"post_excerpt_stackable_v2":"
Accounting professor Gloria Vollmers’ paper, “Cost Accounting for War:\u00a0 Contracting Procedures and Cost-Plus Pricing in WWI Industrial Mobilization in Italy,” will be published in an upcoming issue of European Accounting Review, and international scholarly journal of the European Accounting Association. The paper explores the role played by cost accounting in Italy’s Industrial Mobilization System and in the largest firm manufacturing weaponry, Ansaldo of Genoa, during World War I.\u00a0 “While in other countries such as the U.K. and U.S., efficiency in buying and\u00a0 managing war material was an important part of military strategy, in Italy, various factors impeded it.,” she said.\u00a0…<\/p>\n","category_list_v2":"News<\/a>","author_info_v2":{"name":"","url":"https:\/\/umaine.edu\/business\/blog\/author\/"},"comments_num_v2":"0 comments","taxonomy_info":{"category":[{"value":3,"label":"News"}]},"featured_image_src_large":false,"author_info":{"display_name":"","author_link":"https:\/\/umaine.edu\/business\/blog\/author\/"},"comment_info":0,"category_info":[{"term_id":3,"name":"News","slug":"news","term_group":0,"term_taxonomy_id":3,"taxonomy":"category","description":"","parent":0,"count":49,"filter":"raw","cat_ID":3,"category_count":49,"category_description":"","cat_name":"News","category_nicename":"news","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/posts\/7943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/comments?post=7943"}],"version-history":[{"count":14,"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/posts\/7943\/revisions"}],"predecessor-version":[{"id":8443,"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/posts\/7943\/revisions\/8443"}],"wp:attachment":[{"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/media?parent=7943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/categories?post=7943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umaine.edu\/business\/wp-json\/wp\/v2\/tags?post=7943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}