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Full-Text Articles in Business
Sys Trust Liability, Daniel D. Selby
Sys Trust Liability, Daniel D. Selby
Accounting Faculty Publications
The Certified Public Accountant has always been subject to scrutiny by the legal system to ensure that the interest of the public is best served. In fact, over the last thirty years, the number of malpractice suits against accountants has increased. The increase in accountant malpractice litigation is a result of the public's perception that the CPA guarantees the accuracy of financial statements, and that the CPA has sizeable financial resources, along with malpractice insurance. Prior to the Elliott Report in 1997, CPA liability was limited to fraud, breach of contract, and negligence in the traditional areas of audit, accounting, …
Summary #4: The Effects Of Internal Audit Outsourcing On Perceived External Auditor Independence, D. Jordan Lowe, Marshall A. Geiger, Kurt Pany
Summary #4: The Effects Of Internal Audit Outsourcing On Perceived External Auditor Independence, D. Jordan Lowe, Marshall A. Geiger, Kurt Pany
Accounting Faculty Publications
The accounting profession is attempting to redefine itself, in part by expanding the types of services it provides. This expansion of services has raised questions about whether CPA firms can maintain their independence and still provide an ever-increasing array of other types of services to audit clients. In this study we addressed financial statement user perceptions about CPA firms performing internal auditing outsourcing activities—an area in which CPAs are becoming increasingly involved.
Payroll Tax Incidence: An Empirical Investigation Of Shifting The Payroll Tax Burden, Ted D. Englebrecht, Laurie J. Henry, Govind S. Iyer
Payroll Tax Incidence: An Empirical Investigation Of Shifting The Payroll Tax Burden, Ted D. Englebrecht, Laurie J. Henry, Govind S. Iyer
Accounting Faculty Publications
The payroll tax earmarked for the financing of social security benefits has been the leading growth tax on small businesses over the past few decades. Small businesses pay more in payroll tax than in any other form of tax. Indeed, these taxes are levied on small businesses irrespective of their profits. The statutory incidence of one-half of the payroll tax being paid by the employer and one-half by the employee may be very different from the actual incidence of the tax due to employer shifting mechanisms.
While there has been considerable conjecture about the shifting of the payroll tax burden, …