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Full-Text Articles in Business
Perspectives On The Pathways Commission Report., Robert Bloom
Perspectives On The Pathways Commission Report., Robert Bloom
Robert Bloom
The article presents an analysis of the proposals by the Pathways Commission, sponsored by the American Accounting Association and the American Institute of Certified Public Accountants, aimed to encourage collaboration between academics and practitioners to achieve lasting reform in accounting education. Aside from emphasizing the need for strong linkages among research, practice and education, improving the ability to attract high-potential entrants into the profession is recommended.
Audit Committee Characteristics And Firm Performance During The Global Financial Crisis, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara, Stephan Nagel
Audit Committee Characteristics And Firm Performance During The Global Financial Crisis, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara, Stephan Nagel
Keith Duncan
We address the question ‘do governance enhancing audit committee (AC) characteristics mitigate the firm performance impact of significant-adverse-economic events such as the Global Financial Crisis (GFC)?’ Our analysis reveals that smaller audit committees with more experience and financial expertise are more likely to be associated with positive firm performance in the market. We also find that longer serving chairs of audit committees negatively impacts accounting performance. However, accounting performance is positively impacted where ACs include blockholder representation, the chair of the board, whose members have more external directorships and whose chair has more years of managerial experience. We contribute to …
Incentives For Prior Period Error Corrections Under Ias 8, Amanda Carol, Pamela Kent
Incentives For Prior Period Error Corrections Under Ias 8, Amanda Carol, Pamela Kent
Pamela Kent
This study examines whether International Financial Reporting Standard IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8) is used to engage in opportunistic reporting practices by Australian companies. IAS 8 requires prior period errors to be amended retrospectively by restating the comparatives as if the error had never occurred (International Accounting Standards Board, 2009). Hence, the impact of any prior period errors is shown through retained earnings rather than being included in the current period’s profit or loss. Managers could use this treatment for prior period errors as a method for manipulating current period earnings. If this …
Board Gender Diversity And Going Concern Audit Options, Larelle Law Chapple, Pamela Kent, James Routledge
Board Gender Diversity And Going Concern Audit Options, Larelle Law Chapple, Pamela Kent, James Routledge
Pamela Kent
This paper examines the relation between gender diversity on the board of directors and audit committee and the likelihood that a company receives a going concern audit opinion. We find that, after controlling for the strength of corporate governance and relevant financial characteristics, boards with at least one female director are less likely to receive a going concern opinion. We attribute this result to the improved monitoring and risk aversion of female directors. We find that the presence of an audit committee is associated with an increased likelihood of a going concern opinion indicating the important role that the audit …
Lobbying On Defense Aerospace: What Factors Impact It And Why, Elisabeta Pana, Austin Smiley, '13
Lobbying On Defense Aerospace: What Factors Impact It And Why, Elisabeta Pana, Austin Smiley, '13
Elisabeta Pana
No abstract provided.