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The study aims to explain the relationship between accounting and finance through measuring the effect of rational working capital management on profitability.

Employing the methodology of semi-structured interviews with sixteen financial managers.

The findings pointed out the relationship between accounting and finance is complementary, since it supports the accountant by the critical skills and information, like project evaluation, managing the company funding resources and working capital management. These skills put the accountant up to the financial manager stage. The working capital investment and financing policies have the most significant impact on profitability. These policies related to risk and return theory; since the conservative policy will reduce both the risk and return and the aggressive one will have the opposite impact.

It recommends accountants to be in professional stage and increase the profitability of the company to grab both accounting and finance information and skills.

The objective of the paper is to explore and evaluate practical accounting education to find its weaknesses and suggest avenues to build strengths which will provide the market with effective accountants from the universities (the primary source of accountants).

The study uses semi-structured interviews to understand and extract the study problem and build the questionnaire; the final step is to analyse and interpret the questionnaire results based on structured interviews, dividing the research community into professors and market elements, business managers and university graduates.

The market has provided a negative evaluation of practical education. Reasons include a shortage of instructors with professional experience; curriculums that lack the topic of professional and ethical skills; and internships if provided, with unsatisfactory results. The study suggests accounting simulation labs as a reasonable substitution for the placement year (internship) if the labs are qualified and the internship results unsatisfactory.

This article is based on a multiregional research community, making results transferable to any country that faces a lack of professional accounting education. The applied evaluation method is capable of use by any other field in the business industry since accounting is part of this industry.

This study aims to evaluate Islamic bank compliance with the accounting and auditing organisation for Islamic financial institutions (AAOIFI), assess the impact of multiple accounting standards in Islamic banking, examine the need for private accounting standards and assess international financial reporting standards (IFRS) compatibility with Islamic banking and analyse financial leasing accounting in Islamic banking compared to IFRS 16.

A combination of comparative theoretical analysis, physical examination, and semi-structured interviews has been used as a research methodology. These methods are interconnected and complement each other to provide a comprehensive approach to address the research questions.

Islamic banks in various countries show varying compliance with AAOIFI accounting standards. Some fully comply, while others adopt a hybrid approach combining AAOIFI and IFRS. Differences in accounting treatments can result in conflicts, asset inflation and financial statement discrepancies. Challenges and criticisms faced by AAOIFI standards include violating the matching principle and lacking faithful representation. Collaboration among academics, standards-setting bodies and organisers is crucial for guiding the reporting of Islamic financial statements.

The research identifies gaps in implementing Islamic accounting standards and proposes strategies to enhance compliance, improve performance and increase transparency in Islamic financial institutions. It highlights the importance of a harmonised and universally accepted accounting framework for Islamic banking, considering the compatibility between IFRS and Islamic principles.

Social implications have arisen regarding the global acceptance of Islamic finance, which leads to an increase in socially Islamic finance exchange.

This research examines the consequences of using multiple accounting standards in the Islamic banking industry and discusses the need for private accounting standards and compatibility with IFRS.

The purpose of this study is to explore the heat transfer enhancement in copper–water nanofluid flowing in a diagonally vented rectangular enclosure with four discrete heaters mounted centrally on the sidewalls and a square-shaped embedded heated block in the influence of a static magnetic field.

Four discrete heaters are mounted centrally on each sidewall of the rectangular enclosure that embraces a heated square block. A static transverse magnetic field is acting on the vertical walls. The Navier–Stokes equations of motion and the energy equation are modified by incorporating Lorentz force and basic physical properties of nanofluid. The derived momentum and energy equations are tackled numerically using the successive over-relaxation technique associating with the Gauss–Seidel iteration technique. The effects of physical parameters connected to dynamics of flow and heat convection are explored from streamlines and isotherms graphs and discussed numerically in terms of Nusselt number.

The effect of the embedded heated square block size and its location in the enclosure, nanoparticles volume fraction and the intensity of the magnetic field on flow and heat transfer are computed. Compared with the case when no heated block is embedded in the enclosure, in free convection at Ra = 106, the average local Nusselt number on the wall-mounted heaters is attenuated by 8.25%, 11.24% and 12.75% when the enclosure embraced a heated square block of side length 10% of H, 20% of H and 30% of H, respectively. An increase in Hartmann number suppresses the heat convection.

The enhancement in the convective heat is greater when the buoyancy effect dominates the viscous effects. Placing the embedded heated block near the inlet vent, the lower temperature zone has reduced while the embedded heated block is at the central location of the enclosure, the high-temperature zone has expanded. The external magnetic field can be used as a non-invasive controlling device.

The numerically simulated results for heat convection of water-based copper nanofluid agreed qualitatively with the existing experimental results.

The models could be used in designing a target-oriented heat exchanger.

The paper includes a comparative study for three locations of the embedded heated square. The optimal results for the centrally located heated block are also performed for three different sizes of the embedded block. The numerically simulated results are compared with the published numerical and experimental studies.

The purpose of this paper is to develop an integrated fuzzy multi-criteria decision-making (MCDM) model for evaluation of the energy alternates in India based on their sustainability.

A fuzzy analytical hierarchy process approach is used for the weight calculation of the criteria and the fuzzy technique for order preference by similarity to the ideal solution is used for ranking of the energy alternates. Seven energy sources – thermal, gas power, nuclear, solar, wind, biomass and hydro energy are considered for the assessment purpose on the basis of sustainability criteria, namely, economic, technical, social, environmental, political and flexible.

The result of the analysis shows that economics is the highest weight criterion, followed by environmental and technical criteria. Solar energy was chosen as the most sustainable energy alternate in India, followed by wind and hydro energy.

Few other MCDM techniques such as VIseKriterijumska Optimizacija I Kompromisno Resenje (multi-criteria optimization and compromise solution), weighted sum method and preference ranking organization method for enrichment evaluations – II can also be explored for the sustainability ranking of the energy alternates. However, the present model has also provided a good result.

The present research work will help the decision-makers and organizations in the evaluation and prioritizing the various energy sources on the scale of sustainability.

Research finding provides guidance to government and decision-makers regarding the development of social conditions through energy security, job creation and economic benefits.

Research work can be act as a supplement for the investors and decision-makers specifically in prioritizing the investment perspective and to support other multi-perspective decision-making problems.