Business Commons^™

Counteracting Fraud, Waste And Abuse In Drug Test Billing, Allison Walton

Economic Crime Forensics Capstones

Medicaid, Medicare, and major insurance companies are being faced with increased costs for drug test screening. These costs are not caused by a spike in the use of narcotics by subscribers, but from unnecessary testing and overbilling by doctors and drug screening companies. Recovering drug addicts are required to have random drug tests during their treatment program, but instead of being random, the drug tests have become prescriptive. Testing is performed at specific times weekly on a single patient, for substances that return results that are unimportant to the doctors. Doctors are given drug testing kits by large drug testing …

The Effect Of Labor Unionization On Corporate Investment Efficiency, Yu Zhang

Graduate Masters Theses

This paper examines the relationship between labor unionization rates and corporate investment efficiency using 55,300 firm-year observations from 1983–2002. I find evidence that labor unionization rates are negatively associated with underinvestment and overinvestment, which suggests that labor unions can improve investment efficiency. I also find that labor unions and financial reporting quality are complementary in improving investment efficiency.

Giving A Voice To The Powerless: Participatory Monitoring & Evaluation As A Tool For Inclusive Development Through Microfinance, Evan T. Burke

Capstone Collection

The greatest experts on the situation of the marginalized peoples of the world are the marginalized communities themselves. This paper explores how participatory monitoring & evaluation can be a powerful tool for giving voices to marginalized communities, ensuring that the voices of beneficiaries and local stakeholders are heard and inform sustainable project design. It analyzes a participatory monitoring and evaluation methodology implemented for women’s credit cooperatives in Gujarat, India by the Human Development & Research Centre, and examines lessons to be learned to design evaluations facilitating inclusive development.

Strategies for the monitoring and evaluation of microfinance have evolved along with …

Comment Letters On Proposed Statement On Auditing Standards, Amendment To Statement On Auditing Standards No. 122, Section 700, Forming An Opinion And Reporting On Financial Statements, (Amendment To Au-C Section 700, Forming An Opinion And Reporting On Financial Statements [Aicpa, Professional Standards]), August 14, 2015, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Comments On The Exposure Draft On The Conceptual Framework For Financial Reporting (Ed/2015/3), Tan, Pearl Hock-Neo

Research Collection School Of Accountancy

No abstract provided.

Proposed Statement On Auditing Standards, Amendment To Statement On Auditing Standards No. 122, Section 700, Forming An Opinion And Reporting On Financial Statements, (Amendment To Au-C Section 700, Forming An Opinion And Reporting On Financial Statements [Aicpa, Professional Standards]), August 14, 2015 Comments Are Requested By September 30, 2015; Exposure Draft (American Institute Of Certified Public Accountants), 2015, August 14, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Cost Accounting In Bangladesh: Use, Value, Obstacles, And Education Needs, Ebadul Islam

Theses & Dissertations

Many business organizations in Bangladesh struggle for survival, not only due to poor quality products or bad service, but because executives lack the appropriate managerial tools necessary to control the businesses and to set strategic goals. Cost accounting is a vital tool to achieve greater efficiency for developing businesses. The purpose of this study was to identify the present level of use of cost accounting by the nature and type of organizations in the main cities of Bangladesh to improve use of cost accounting. The research identified the need for and the areas of current problems and prospects of use …

Life And Health Insurance Entities, August 1, 2015; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Brokers And Dealers In Securities, August 1, 2015; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Kpmg Global Anti Bribery And Corruption: Rising To The Challenge In The Age Of Globalization, Themin Suwardy, Poh Sun Seow, Pan, Gary

Research Collection School Of Accountancy

Corruption continues to corrode the global economy, 18 years after member governments of the Organization for Economic Co-operation and Development (OECD) signed a convention1 that establishes legally binding standards to criminalize the bribery of public officials. Since then, a growing number of governments have passed anti-bribery and corruption (ABC) laws. The U.S. is no longer the lone policeman on the beat; the UK and other European governments have implemented anti-corruption regulations too, as have emerging economies including China and Brazil.

Despite tougher enforcement of regulations to combat bribery and corruption, illicit payments to counter-parties continue to burden economies, diverting resources …

Default Clauses In Debt Contracts, Ningzhong Li, Yun Lou, Florin Vasvari

Research Collection School Of Accountancy

We examine the determinants of events of default clauses in syndicated loan and bond contracts, provi- sions that allow lenders to request the repayment of principal and to terminate lending commitments. We document significant variation in the use of default clauses and their restrictiveness within the same type of lending contract but also across loans and bonds. We find that default clauses in public bond contracts are less restrictive than those in syndicated loan contracts. We also document that two ex ante proxies for bankruptcy costs, the level of intangible assets and capitalized research and development expenditures at the time …

From Data Analysis To Intelligent Accounting: Impact Of Analytics On Accounting Function, Gary Pan, Poh Sun Seow

Research Collection School Of Accountancy

No abstract provided.

Opaque Financial Reporting Due To Unemployment Concerns, Jeffrey Ng, Tharindra Ranasinghe, Guifeng Shi, Holly I. Yang

Research Collection School Of Accountancy

This paper examines the link between rank-and-file employees’ unemployment concerns and financial reporting opacity. Following Agrawal and Matsa (JFE, 2013), we use exogenous variations in state unemployment insurance benefits to capture changes to unemployment concerns. We find that when unemployment concerns are lower, there is less opaque financial reporting. This relation is stronger when workers face higher unemployment risk, labor union participation is high, and executives have higher equity incentives. Using Tobin’s Q to capture firm value, we also find that the economic rationale to engage in opaque financial reporting reduces when unemployment benefits are high. Our findings suggest that …

Analytics And Cybersecurity: The Shape Of Things To Come, Gary Pan, Poh Sun Seow, Calvin Chan, Chu Yeong Lim

Research Collection School Of Accountancy

No abstract provided.

Healthcare And The Market: An Event Study On The 2012 Reelection Of President Barack Obama, Robert Parrish Graham

Chancellor’s Honors Program Projects

No abstract provided.

Investigation Of Difference Between Target Costing Setting (Tcs) Users And Non-Target Costing Setting (Non-Tcs) Users In Iranian Companies, Mahdi Naqdi Bahar Mr

Mahdi Naqdi Bahar

The current research investigates Target Costing as a strategic cost management tool in Iranian companies‟ environment. A questionnaire is distributed to Target Costing Setting (TCS) users and Non-Target Costing Setting (Non-TCS) users, in order to determine the differences between them in relation to the perceived advantages of Target Costing organizational complexity, satisfaction with costing, and performance. The influence of top management support and whether a particular strategy is perceived is also examined in relation to distributed Target Costing Setting (TCS) users. The results indicate that Target Costing Setting (TCS) users have a more optimistic perception of advantages realized from Target …

Management Earnings Forecasts And Value Of Analyst Forecast Revisions, Yongtae Kim, Minsup Song

Accounting

This study examines the stock-price reactions to analyst forecast revisions around earnings announcements to test whether preannouncement forecasts reflect analysts' private information or piggybacking on confounding events and news. We find that management earnings forecasts influence the timing and precision of analyst forecasts. More importantly, evidence suggests that prior studies' finding of weaker (stronger) stock-price responses to forecast revisions in the period immediately after (before) the prior-quarter earnings announcement disappears once management earnings forecasts are controlled for. To the extent that management earnings forecasts are public disclosures, our results suggest that the importance of analysts' information discovery role documented in …

Auditing Standards Board (Asb), July 21-23, 2015, Meeting Agenda, Denver, Colorado, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Auditing Standards Board (Asb) Meeting Highlights July 21-23, 2015 Englewood, Co, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Employee's Participation: A Critical Success Factor For Justice Perception, Wai Kwan (Elaine) Lau

Wai Kwan (Elaine) Lau

The present study proposed and tested a model that examines the relationship between leadership style, employee’s participation, and justice perceptions. The paper extended the literature of the justice by connecting three major research areas (leadership style, employee’s participation, and organizational justice), and examined the influences of leadership style and employee’s participation in shaping employee’s perception of justice. Results indicated that transactional, transformational, and dynamic leadership have positive impact on distributive, procedural, and interactional justice. Moreover, the effect of leadership style on organizational justice was indirect through employee’s participation. This study synthesized previous leadership studies and argued that leadership style can …

Two Essays On The Mitigating Factors Of Corporate Tax Noncompliance, Kim Wan, Rebecca Luo

Theses & Dissertations

Corporate tax noncompliance is a serious problem in many developed and developing countries. My PhD thesis is composed of two essays to investigate various factors that mitigate corporate tax noncompliance by listed Chinese firms.

The first essay examines whether a firm’s corporate tax noncompliance can be constrained by auditor quality. Past studies have shown that high-quality auditors are effective in reducing earnings management, which mainly involves overstatements of earnings. In this essay, I find that high-quality auditors are associated with better overall tax compliance by their client firms. In particular, high-quality auditors are effective in constraining book-tax-conforming noncompliance, which mainly …

The Effects Of Csr Reporting Regimes And Financial Conditions On Managers’ Willingness To Invest In Csr, Yasheng Chen, Johnny Jermias, Jamal Aldin Nazari

Academic Conference on Good Business

No abstract provided.

Property And Liability Insurance Entities, July 1, 2015; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Opaque Financial Reporting Due To Unemployment Concerns, Jeffrey Ng, Tharindra Ranasinghe, Guifeng Shi, Holly I. Yang

Research Collection School Of Accountancy

This paper examines the link between rank-and-file employees’ unemployment concerns and financial reporting opacity. Following Agrawal and Matsa (JFE, 2013), we use exogenous variations in state unemployment insurance benefits to capture changes to unemployment concerns. We find that when unemployment concerns are lower, there is less opaque financial reporting. This relation is stronger when workers face higher unemployment risk, labor union participation is high, and executives have higher equity incentives. Using Tobin’s Q to capture firm value, we also find that the economic rationale to engage in opaque financial reporting reduces when unemployment benefits are high. Our findings suggest that …

Data And Analytics In Corporate Real Estate: Do You Have The Right Talent?, Clarence Goh

Research Collection School Of Accountancy

Is the lack of suitable data and analytics talent in your corporate real estate (CRE) team preventing you from contributing to the wider business strategy?

Reporting On Controls At A Service Organization: Relevant To Security, Availability, Processing Integrity, Condentiality, Or Privacy (Soc2®), July 1, 2015, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Depository And Lending Institutions: Banks And Savings Institutions, Credit Unions, Finance Companies And Mortgage Companies, July 1, 2015; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

An Empirical Examination Of Gender, Political Affiliation, And Family Composition Issues Affecting Reasonable Compensation In Closely Held Corporations, Dowis W. Brian

Doctoral Dissertations

This study examines the effect of gender, political affiliation, and family composition issues on reasonable compensation in closely held corporations. It is broken down into two parts: an archival and behavioral (survey) portion. The archival part analyzes decisions made in the U.S. Tax Court spanning 1983-2014 through the use of simple regression, multiple regression/ordinary least squares, and logistic regression. Four variables were found to be significant: judge gender, tenure, number of tax years decided, and taxpayer gender. The behavioral portion investigates the current perceptions of tax practitioners through surveying Certified Public Accountants (CPAs). Analysis of variance is used in this …

Customer's Short Positions And Supplier's Investment Decisions, Xia Chen, Guojin Gong, Shuqing Luo

Research Collection School Of Accountancy

Short interest contains valuable information about a firm’s business fundamentals. We investigate whether such information affects business partners’ real investment decisions in the supply-chain setting. We predict and find that a supplier’s future investments (including inventory, R&D, and tangible asset investments) decrease with its customer’s current short interest. This negative relation is stronger when the supplier faces greater difficulty in assessing its customer’s business fundamentals and when short interest is more likely to indicate longlasting deterioration in the customer’s fundamentals. Additional analysis does not support the alternative explanation that the supplier adjusts investments in response to unfavorable information obtained via …

Fair Value Hierarchy Measures: Post-Implementation Evidence On Ifrs 7, Pearl Tan

Research Collection School Of Accountancy

Using a balance sheet valuation model, this study examines if information on the fair value hierarchy of on-balance sheet financial assets and financial liabilities are incorporated in the market’s valuation of companies’ equities in Singapore. The results of the study show significant associations between as-reported Level 1 and Level 2 fair value measures of financial assets and market values. However, the results are not significant for Level 3 fair value measures of financial assets and each of the three levels of fair value measures of financial liabilities. The results also show that returns are more positively associated with as-reported gains …