Accounting Commons^™

Lean Processes Without Compromising Controls, Robyn L. Raschke, Michael T. Lee, Arti Mann

Accountancy Faculty Publications and Presentations

In today’s economic environment, governments feel the pressure to operate more efficiently, and many are therefore considering the gradual and continuous process improvement that Lean provides. Lean begins by examining a process from beginning to end, without departmental barriers; identifying the parts of the process that are inefficient; making a case for Lean improvements; and improving the process by reducing activities and waste that don’t add value to the consumer of the process.

Presentation Of Dissertation: Material Weaknesses In Internal Control Over Compliance For Federal Grants To U.S. Counties, Julie Hyde

Faculty Works

No abstract provided.

The Opportunistic Reporting Of Material Events And The Apparent Misconception Of Investors' Reaction, Dan Segal, Benjamin Segal

Research Collection School of Accountancy (Open Access)

Using a comprehensive sample of non-earnings 8-K filings from 1996 to 2011, we examine whether firms engage in opportunistic reporting of mandatory and voluntary news. We find strong evidence of opportunistic reporting of negative news, especially among public firms. Public firms are more likely to delay disclosure of negative news, report negative news after trading hours, and report on the last day of the week. We also find evidence of opportunistic bundling of news. Our findings support the notion that managers engage in strategic disclosure by delaying or obfuscating negative news in order to mitigate the potential market reaction. Factors ...

R&D Reporting Rule And Firm Efficiency, Nilabhra Bhattacharya, Yoshie Saito, Ram Venkataraman, Jeff Yu

Research Collection School of Accountancy (Open Access)

US GAAP (SFAS 2) requires immediate expensing of research and development (R&D) expenditure. Critics of this rule contend that the current treatment incentivizes managers to cut essential investments in R&D to manage short-term profits, and such actions could lead to longer-term adverse consequences for firms and investors. While other observers argue that there is little rigorous research that suggests that the current accounting treatment has harmful consequences. In this study, we exploit a setting in Germany when the accounting rule for R&D reporting changed from immediate expensing (as in the U.S.) to partial capitalization when Germany ...

Revisiting The Determinants Of Students' Performance In An Undergraduate Accountancy Degree Programme In Singapore, Poh Sun Seow, Shan Chi Gary Pan, Siok Wan, Joanne Tay

Research Collection School of Accountancy (Open Access)

This study investigates the association of prior academic achievement, admission interview, critical thinking, mathematical aptitude, gender and age with successful academic performance in an undergraduate accountancy degree programme at a Singapore university. The purpose of revisiting the determinants of academic performance is twofold: first, university accounting education in Singapore has changed greatly since Koh and Koh’s earlier study (1999); this study examines if determinants previously identified as significant continue to be so in the new setting; second, the study tests the usefulness of admission interview in identifying applicants who achieve subsequent academic success. Data on students’ performance throughout the ...

The Role Of A Non-Executive Director In Smes, Jiwei Wang

Research Collection School of Accountancy (Open Access)

There are not many SMEs in Singapore which employ independent non-executive directors. SMU Associate Professor of Accounting Wang Jiwei advised that there are immense benefits that a non-executive director can bring to an SME as its business grows. These include the credibility that the person can bring to the management team, including the important and useful contacts, as well as different skill sets and experiences. “Understand your needs and then identify the right type of experienced individuals who possess the necessary expertise or business networks. There is a high possibility that your ‘perfect' non-executive director may be someone you already ...

The Role Of A Non-Executive Director In Smes, Jiwei Wang

Research Collection School of Accountancy (Open Access)

There are not many SMEs in Singapore which employ independent non-executive directors. SMU Associate Professor of Accounting Wang Jiwei advised that there are immense benefits that a non-executive director can bring to an SME as its business grows. These include the credibility that the person can bring to the management team, including the important and useful contacts, as well as different skill sets and experiences. “Understand your needs and then identify the right type of experienced individuals who possess the necessary expertise or business networks. There is a high possibility that your ‘perfect' non-executive director may be someone you already ...

Raising The Bar, Jiwei Wang

Research Collection School of Accountancy (Open Access)

No abstract provided.

Sgx Listing Rule 1207(1): Challenegs & Opportunities For Caes, See Liang Foo

Research Collection School of Accountancy (Open Access)

No abstract provided.

Making Sense Of Other Comprehensive Income, Hock Neo, Pearl Tan

Research Collection School of Accountancy (Open Access)

SMU Associate Professor of Accounting (Practice) Pearl Tan commented on how other comprehensive income (OCI) is different from net income, and how SME managers and stakeholders may use the information on other comprehensive income to evaluate the business. She highlighted that it is important for owners and managers of SMEs to understand the components of OCI and commented on how it will affect reported equity and net assets. Stakeholders of an SME may also use the information on OCI to assess risks and to estimate future cash flows from the reported unrealised gains or losses.

Executive Compensation And Regulation Imposed Governance: Evidence From The California Non-Profit Integrity Act (2004), Tharindra Ranasinghe, S Khumawala, S Mishra, S Dhole

Research Collection School of Accountancy (Open Access)

No abstract provided.

Client Conservatism And Auditor-Client Contracting, Yoonseok Zang, Chee Yeow Lim, Mark Defond

Research Collection School of Accountancy (Open Access)

Auditors risk costly litigation and loss of reputation when they are associated with clients that engage in substandard financial reporting, and prior research argues that accounting conservatism reduces managements‟ tendency to misreport. Thus, we predict that client conservatism affects auditor-client contracting by reducing auditor litigation and reputation risk. Consistent with our predictions, we find that conservative audit clients are less likely to trigger auditor litigation or issue accounting restatements; and that auditors of conservative clients charge lower audit fees, issue fewer going concern opinions, and resign less frequently. Taken together, these findings are consistent with client accounting conservatism playing an ...

Management Earnings Guidance And Stock Price Crash Risk, Tee Yong Jeffrey Ng, S Hamm, E Li

Research Collection School of Accountancy (Open Access)

Hutton, Marcus, and Tehranian (JFE 2009) show that more transparent financial reporting of earnings reduces the likelihood of a future stock price crash. We extend their work by examining how management earnings guidance is related to such crash risk. Accounting for endogeneity in guidance decisions, we find that higher annual guidance frequency is associated with higher crash risk, which contrasts with the notion that more guidance enhances transparency and reduces crash risk. Consistent with agency problems being an explanation, we find that the positive association is stronger for firms with higher executive stock ownership, weaker external monitoring, lower litigation risk ...

Building The Cfo Function: Roles And Responsibilities, Andrew Lee, Chunqi (Tracey) Zhang

Research Collection School of Accountancy (Open Access)

No abstract provided.

Building The Cfo Function: Roles And Responsibilities, Chunqi (Tracey) Zhang, Tong Kin Andrew Lee

Research Collection School of Accountancy (Open Access)

No abstract provided.

An Analysis Of Fraud: Causes, Prevention, And Notable Cases, Kristin A. Kennedy

Honors Theses

No abstract provided.

Ua62 Gordon Ford College Of Business, Wku Archives

WKU Archives Finding Aids

Records created by Gordon Ford College of Business and its reporting offices:

• Student Organizations
• Accounting Club
• Advertising Club
• Accounting (UA62/5)
• Economics
• Finance
• Information Systems
• Management
• Marketing
• Center for Entrepreneurship & Innovation
• Center for Professional Selling
• MBA
• Small Business Development Center (UA62/3)

These offices once reported to the Gordon Ford College of Business:

• Legal Area Studies
• Pulic Service Institute
• Mid-Management & Distributive Education

Ua25 Finance & Administration, Wku Archives

WKU Archives Finding Aids

Unprocessed records created by the Office of Finance & Administration and its reporting offices:

• Series 1. Financial Records
• Series 2. Human Resources
• Accounting
• Budget
• Bursar
• Controller
• Environment, Health & Safety
• Health Services
• Grant Accounting
• Payroll
• Purchasing / Accounts Payable (UA27)
• Shipping / Receiving
• Wellness Programs

The Effect Of Increased Audit Disclosure On Investors' Perceptions Of Management, Auditors, And Financial Reporting: An Experimental Investigation, Marcus M. Doxey

Theses and Dissertations--Accountancy

Standard setters recently proposed increasing audit disclosures and reporting. Two experiments examine the effects of auditor-provided disclosures on financial statement users’ perceptions of auditor independence, management credibility, reporting quality, materiality, and investment decisions. In the first experiment, I manipulate auditor agreement with management’s estimates and whether the estimates are incentive-consistent for management. I find that users view auditors as more (less) independent when they agree (disagree) with management, given an unqualified opinion. I also find that users are able to identify management bias using audit disclosures, and that the disclosures are value-relevant. In the second experiment, I provide users ...

Boise State On Business: Old Accounting Tools Can Perk Up Mature Company, Michael Lee, Nicholas Gaudioso, Jr.

Accountancy Faculty Publications and Presentations

In recent weeks, Apple has taken a valuation hit on the back of its quarterly earnings release. Apple's financial reports show that average revenue per unit is declining, production costs are increasing, and sales growth is slowing down. Competition from the likes of Blackberry and Samsung (phones), and Google (Android operating system) is fierce. Blackberry has been on a downward valuation slide since 2011. We can add to this list: Dell (heading for privatization to regain its mojo) and Hewlett Packard.

It seems these companies have entered a "maturity" crisis, unable to keep pace with shortening product life cycles ...