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Voluntary Changes In Accounting Principle: Literature Review, Descriptive Data, And Opportunities For Future Research, Marsha B. Keune, Timothy M. Keune, Linda C. Quick

Accounting Faculty Publications

Voluntary changes in accounting principle represent explicit and fundamental decisions by managers to exercise accounting discretion. This paper develops an organizing framework to review prior literature on voluntary changes, provides descriptive insights on contemporary changes, and identifies opportunities for future research on voluntary changes. The voluntary change literature is robust and has examined many questions using data prior to the Sarbanes-Oxley Act of 2002 (SOX). We find that contemporary voluntary changes often vary across the pre-SOX, post-SOX, and post-SFAS No. 154 periods by the materiality of their income effect, issue type, and justifications provided by managers, suggesting that manager use …

A Case Study On Inventory Costing Methods, Natalie Hunton

Honors Theses

Firms use costing methods to determine the price of a product and to analyze the efficiency of resource consumption. These methods often comply with the external financial reporting rules set forth by the U.S. Generally Accepted Accounting Principles (GAAP), which require all manufacturing costs, including overhead, to be assigned to goods in inventory for costing purposes. However, firms can internally use alternative costing methods that do not comply with GAAP. The purpose of this case study is to understand and evaluate the costing method currently employed by a company in the Dayton, OH area1, and identify the most beneficial costing …

Materiality Defined: Differing Concepts Of Materiality Can Cause Confusion Among Stakeholders, Michael P. Fabrizius, Sridhar Ramamoorti

Accounting Faculty Publications

Because the term materiality arose within the context of financial reporting and statement assurance, internal auditors have been challenged in adapting or creating a definition that is relevant for themselves and their stakeholders. In the context of financial reporting, materiality is relevant to three stakeholder groups: 1) preparers of financial statements, 2) auditors, and 3) users of financial statements. Although materiality decisions are made by only two of these three groups--preparers and auditors--most internal auditors' conception of materiality likely has a user orientation. The auditor might ask, "How would a reasonably prudent investor react to the magnitude of misstatement (under- …

Body Mass Index Associations Between Mother And Offspring From Birth To Age 18: The Fels Longitudinal Study, Stacie S. Swanton, Audrey C. Choh, Miryoung Lee, Lloyd L. Laubach, Jon K. Linderman, Stefan A. Czerwinski, Matthew J. Peterson

Health and Sport Science Faculty Publications

Background: Parental obesity is a known determinant of childhood obesity. Previous research has shown a strong maternal influence on body mass index (BMI) during infancy and early childhood.

Objectives: The purpose of this research was to investigate the BMI associations between mother and offspring from birth to age 18 years.

Methods: Participants were selected from the Fels Longitudinal Study. The current study sample includes 427 (215 mother/son and 212 mother/daughter) mother/child pairs. These pairs are repeatedly measured at multiple age groups in children, resulting in a total of 6,263 (3,215 mother/son, 3,048 mother/daughter) observations for data analysis. Inclusion criteria were …

Introduction: The Legal And Ethical Environment Of Business, Terence J. Lau, Lisa Johnson

Management and Marketing Faculty Publications

In writing The Legal and Ethical Environment of Business, the authors have condensed and streamlined the presentation of the key business law topics to ensure that every page is relevant, engaging, and interesting to today’s learners. This highly accessible textbook uses summaries of cases and case excerpts to improve student understanding. Lau and Johnson are focused on getting students to understand the reason for the law rather than just memorizing the law and its key elements.

New in This Version:

• Up-to-date materials relevant to the study of the legal environment.
• New section on agency added to the chapter on …

Sustainability Survey, Dayton Regional Green Nonmember Businesses, 2017, Zachary Siefker, Theresa Isemann, Andrew Eckrich

Sustainability and Connectivity

This document is a sustainability and sharing survey intended for businesses that are not already Dayton Regional Green members. This survey includes questions similar to what is in DRG3's survey. It asks questions regarding mentoring, sharing, local sourcing, energy, waste streams, and sustainability.

Hackathon 2017 Project: Resource-Sharing Website, Zachary Siefker, Theresa Isemann, Andrew Eckrich

Sustainability and Connectivity

Our team was given the opportunity to pitch a concept to students attending UD’s Hackathon event on Febraury 22, 2017. One group took on the project and created the framework for a website that could be used for business connectivity and sharing. This document spells out the major takeaways from the project.

Team Meeting Minutes, January-April 2017, Zachary Siefker, Theresa Isemann, Andrew Eckrich

Sustainability and Connectivity

This document provides notes from meetings with several Dayton-area community leaders. Several ideas that make Dayton more community-oriented and material-efficient are discussed.

Dayton's Best 2017 Project: Moving Forward, Zachary Siefker, Theresa Isemann, Andrew Eckrich

Sustainability and Connectivity

This is a summary of work for the Sustainability and Connectivity group in Dr. Kevin Hallinan's 2017 Local Sustainability with Abundance course. It describes our research process over the course of the semester and some final conclusions. Additionally, it discusses how we see the project continuing beyond our work.

A Strategy For Teaching Critical Thinking: The Sellmore Case, Joseph F. Castellano, Susan Lightle, Bud Baker

Accounting Faculty Publications

The importance of teaching and applying critical thinking skills is apparently matched by its difficulty in doing so. Sara Rimer, writing for the January 18, 2011, edition of The Hechinger Report, discussed a study by Richard Arum that followed several thousand undergraduates from when they entered college in fall 2005 to when they graduated in spring 2009. Arum’s research, published in his book Academically Adrift: Limited Learning on College Campuses, found that large numbers of students did not learn critical thinking, complex reasoning, and written communication skills. Arum used testing data and student surveys from 24 colleges and universities ranging …

Salesperson Networking Behaviors And Creativity: Exploring An Unconventional Relationship, Michael T. Krush, Raj Agnihotri, Gerrard M. Macintosh, Ashish Kalra

Management and Marketing Faculty Publications

A great deal of emerging research explores the antecedents and outcomes of salesperson creativity. However, relatively fewer scholarly endeavors have delved into assessing the social antecedents of salesperson creativity. Addressing this issue, the current research focuses on the link between one critical social antecedent in sales research, namely that of networking behaviors, and creativity among salespeople. Specifically, we include customer and professional networking behaviors and study their direct, interactive, and curvilinear effects on salesperson creativity. Empirical findings show that professional networking as well as customer networking are positively related to salesperson creativity. Further, we demonstrate the non-linear effects of professional …

Sustainability Survey, Dayton Regional Green Member Businesses, 2017, Zachary Siefker, Theresa Isemann, Andrew Eckrich

Sustainability and Connectivity

This document is a sustainability and sharing survey intended for businesses that are Dayton Regional Green members. Dayton Regional Green already has an extensive survey. This survey tries to avoid redundancy in surveys by asking other questions not included in DRG3's survey. It asks questions regarding mentoring, sharing, local sourcing, and sustainability.

Sustainable Portfolios To Maximize Alpha, Douglas Stephen Carey

Honors Theses

There has been a new movement for investment funds to align with investor morals. They are known as Environmental, Social, and Governance (ESG) funds, and have become a strong focus for asset management firms. Currently these funds have a negative stigma because most investors believe that due to added constraints on these portfolios, they will not be able to outperform non-sustainable portfolios. This is why the sustainable investment portfolios will be created. The portfolios undergo two focuses. The first portfolio employs a negative screening, which means that the portfolio will exclude specific industries that are deemed unsustainable. The other portfolio …

Mothers As Career Leaders: Do Maternity Leave Laws Make A Difference?, Briar Rose Smith

Honors Theses

On a national level, the Family and Medical Leave Act (FMLA) of 1993 is the only law that provides certain qualifying individuals with 12 weeks of unpaid, job protected maternity leave, although some states and private firms have implemented forms of paid maternity leave. Previous research indicates that female employees, regardless of their parental status, receive fewer promotions due to information asymmetry after the FMLA (Thomas 2015). In addition, some research finds that particular industries are more family friendly due to access to flexible work schedules for mothers (Goldin 2014). This thesis expands on both findings using data from the …

Accounting For Change: Assessing Top-Line Implications Of New Revenue Recognition Principles, Kevin M. Wargo

Honors Theses

The impending implementation of new FASB guidance regarding the practice of revenue recognition will presumably alter the periodic presentation of top-line business performance. In anticipation of these impacts, this study seeks to isolate contractual business relationships within the automotive supply chain industry in order to illuminate certain changes and make financial statement users aware that corresponding adjustments may have to be made to their perception of revenue results. By outlining the differences between new and historical U.S. GAAP, and applying the anticipated quantitative effects of such shifts within a propositional study, I seek to produce conclusions that investors and analysts …

Auditing Organizational Governance: Internal Audit Has An Integral Role To Play In Improving The Organization's Strategic Performance, Sridhar Ramamoorti, Alan N. Siegfried, P. Alan White

Accounting Faculty Publications

Organizational governance is a broad concept that ensures superior strategy formulation, development, and execution in ways that balance performance, conformance, and accountability. It includes systems, controls, and associated processes that promote ethics and values, performance and accountability, and risk communication and coordination among the board, external and internal auditors, and management in meeting and exceeding stakeholder expectations. Internal audit’s role in organizational governance has always been recognized and valued, but it has become increasingly important in the wake of governance failures in financial and public sectors throughout the world. As a result, more and more boards as well as executive …

Why Audit Teams Need The Confidence To Speak Up, Susan Lightle, Joseph F. Castellano, Bud Baker

Accounting Faculty Publications

A climate of psychological safety is an important prerequisite for effective interpersonal relationships among audit team members and for audit teams to properly meet their fiduciary responsibilities. Audit processes can be more effective and the quality of audits can be improved if auditors understand the concept of psychological safety and its application for audit teams. The failure to create a climate of psychological safety among audit team members can have harmful effects on audit quality, but fortunately CPA firms can take steps to enhance psychological safety and enable more effective audit processes and audit work.