Business Commons^™

The New Auditor's Report: Have The Benefits Of Wording Changes Been Acknowledged Outside The Cpa Profession?, Marshall A. Geiger

Accounting Faculty Publications

CPAs use the auditor's report to communicate their opinions of an entity's financial statements and related disclosures. Concerned parties, in turn, use the report to assess the integrity of the financial statements and the accuracy of the disclosures.

In 1988, the American Institute of CPAs auditing standards board established new wording for the standard unqualified audit report. It also revised the reporting requirements and types of audit reports allowed (for example, the subject-to report for uncertainties and except-for report for consistency departures were eliminated). The new wording appears in Statement on Auditing Standards no. 58, Reports on Audited Financial Statements …

A Business Curriculum For The Commonwealth Of Independent States, Susan Coleman, James L. Narduzzi

School of Professional and Continuing Studies Faculty Publications

Eastern Europe and the former states of the Soviet Union have undergone and continue to undergo a period of dramatic transformation from centralized economies to free market systems. This has involved a shift from public to private ownership for many large state enterprises, and it has also involved the development and launch of many new business ventures. Privatization as it is called, has created a demand for American style business education, capabilities, and experiences.

Further Comments On The Use Of The Lsi In Research On Student Performance In Introductory Accounting, Marshall A. Geiger, Edmund J. Boyle

Accounting Faculty Publications

In this note we respond to the comments of Ruble and Stout (1993) concerning the use of the revised Learning Style Inventory (LSI) developed by Kolb (1985). While our more recent psychometric research on the LSI leads us to conclude that the standard version should no longer be used, unlike Ruble and Stout, we see promise for new or modified versions in future research. We also indicate where several of their comments on our work, as well as the work of others, are not well founded.

A Three-Year Longitudinal Study Of Change In Student Learning Styles, Jeffrey K. Pinto, Marshall A. Geiger, Edmund J. Boyle

Accounting Faculty Publications

Kolb's (1985) Learning Style Inventory and theories of learning preferences have become increasingly popular as a method for measuring preferred approaches for acquiring information and learning in classroom settings. Using Kolob's (1985) theory; a number of researchers have argued that as students move through their college experience, their learning styles are likely to undergo significant changes. This paper reports on the results of a three-year longitudinal study that investigated the actual degree of learning style changes for a sample of college students in business, offering mixed support for the contention that learning styles are likely to change over a student's …

Lbos Slash R&D: So What?, Jeffrey S. Harrison

Management Faculty Publications

This article translates the research conducted by William Long and David Ravenscraft concerning the impact of leveraged buyouts (LBOs) on research and development (R&D) expenditures and performance. The author examines debt levels associated with LBOs and reductions in R&D spending as well as the importance of reductions in R&D. The researchers believed that LBOs would be associated with reductions in R&D, which they did find; however, their findings indicated that these reductions may not have been significant in all instances.

Investor Views Of Audit Assurance: Recent Evidence Of The Expectation Gap, Marshall A. Geiger

Accounting Faculty Publications

Investors and financial statement users long have agreed on the usefulness of the audit in financial reporting. Over time, however, auditors have been expected to provide assurance in varying degrees and for different purposes. Differences in perception -- especially regarding assurances provided -- between users, preparers and auditors have been termed the "expectation gap. This article provides some startling evidence of the existence of such a gap in investor perceptions of the assurance provided by an audit.