Amendments To The Description Of The Concept Of Materiality (Amends The Following Sections Of Statement On Standards For Attestation Engagements [Ssae] No. 18, Attestation Standards: Clarification And Recodification: — Section 205, Examination Engagements [Aicpa, Professional Standards, At-C Sec. 205]; — Section 210, Review Engagements [Aicpa, Professional Standards, At-C Sec. 210]); Statement On Standards For Attestation Engagements 20, American Institute Of Certified Public Accountants. Auditing Standards Board
AICPA Professional Standards
No abstract provided.
Agreed-Upon Procedures Engagements; Statement On Standards For Attestation Engagements 19,
2019
University of Mississippi
Agreed-Upon Procedures Engagements; Statement On Standards For Attestation Engagements 19, American Institute Of Certified Public Accountants. Auditing Standards Board
AICPA Professional Standards
No abstract provided.
Audit Sampling, December 1, 2019; Audit Guide,
2019
University of Mississippi
Audit Sampling, December 1, 2019; Audit Guide, American Institute Of Certified Public Accountants (Aicpa)
Industry Guides (AAGs), Risk Alerts, and Checklists
No abstract provided.
Pcaob Standards And Related Rules As Of December 2019,
2019
University of Mississippi
Pcaob Standards And Related Rules As Of December 2019, Public Company Accounting Oversight Board, American Institute Of Certified Public Accountants (Aicpa)
AICPA Professional Standards
No abstract provided.
Tax Indemnification And The Association Between Unrecognized Tax Benefit Reserves And Future Tax Cash Outflows,
2019
University of Arkansas, Fayetteville
Tax Indemnification And The Association Between Unrecognized Tax Benefit Reserves And Future Tax Cash Outflows, Patrick Lee Hopkins
Graduate Theses and Dissertations
Tax indemnification transfers from a firm to an outside party the risk of potential cash settlements associated with uncertain tax positions taken in prior years. The current accounting treatment of tax indemnification under Accounting Standards Codification (ASC) 805 and the required disclosures for uncertain tax positions under ASC 740 provide little or no information regarding this risk transfer in the financial statements or notes. I examine merger and acquisition (M&A) contracts from 2008 through 2013 and find that tax indemnification is commonly present in M&A transactions. I then provide evidence that the association between current uncertain tax benefit reserves and …
Riding The Blockchain Mania: Public Firms’ Speculative 8-K Disclosures,
2019
Singapore Management University
Riding The Blockchain Mania: Public Firms’ Speculative 8-K Disclosures, Pengkai Lin
Research Collection School Of Accountancy
This paper provides evidence on public firms' initial 8-K disclosures that mention Blockchain and investors' response to these disclosures. We categorize the description of Blockchain activities in firms' 8-Ks as Speculative (e.g., a vague future plan that involves Blockchain) or Existing (e.g., a description of Blockchain product). We document a sharp increase in the number of initial 8-K disclosures of Blockchain, particularly by Speculative firms, coinciding with the rise of Bitcoin prices and excitement in Blockchain technology in the last quarter of 2017. Investors react positively to the Blockchain 8-Ks issued by Speculative firms in the initial seven-day event window …
Value Relevance Of Financial And Non-Financial Information: Evidence From The Gaming Industry,
2019
The Hang Seng University of Hong Kong
Value Relevance Of Financial And Non-Financial Information: Evidence From The Gaming Industry, Lisa Goh, Kevin Ck Lam, Hong Weng Lawrence Lei
UNLV Gaming Research & Review Journal
Using financial and non-financial data from casino gaming firms listed in the United States from 1999–2017, we explore two research questions: (1) Is financial information value relevant to financial markets in the casino gaming industry? (2) Does non-financial information have incremental explanatory power over financial information? In general, we find that accounting numbers can explain a firm’s market value and stock returns in the casino gaming industry, except for accounting accruals, which may behave differently compared to other industries. We also find that non-financial information, such as the number of table games, number of slot machines, and their relative proportion, …
The Effects Of The H2-A Program On Southwest Michigan Farmers,
2019
Western Michigan University
The Effects Of The H2-A Program On Southwest Michigan Farmers, Marisol Quiroz
Honors Theses
Growing up as the daughter of migrant farm laborers has sparked an interest in researching the effects of the H-2A program. With more and more unwilling domestic laborers, farmers were left with a significant lack of workers. The H-2A program is a guest worker program, that brings foreign laborers into the United States in order to assist farmers in their harvesting efforts. The lack of willing domestic labors to assist farmers in times of harvest has created the need for such program. This is a reoccurring trait throughout American history, where other guest worker programs such as the H-2A program …
Access To Finance And Innovation In Small And Medium Enterprises,
2019
Northeastern Illinois University
Access To Finance And Innovation In Small And Medium Enterprises, Huong (Anne) Le
Faculty Research and Creative Activities Symposium
This paper examines the relation between a firm’s capacity to access external capital and its innovation among SMEs in Vietnam. We find that SMEs with high debt ratio tend to be more innovative. After controlling for several firm characteristics, long term debt remains significantly positively correlated with innovation. We further show that both bank loans and loans from family and friends help these firms innovate, especially in developing new products and/or technology. Overall, our paper suggests that external financing plays an important role in enhancing innovation in small and medium enterprises.
Tax Law And 100 Years Of New York Giants Season Tickets: A Multifaceted Analysis Of One Fan’S Fortune,
2019
Marshall University
Tax Law And 100 Years Of New York Giants Season Tickets: A Multifaceted Analysis Of One Fan’S Fortune, Casey W. Baker
Faculty Research Day
Sports and tax Law? The confluence of money and unique factual situations create issues that the regulatory structure may not contemplate.
Strategy And Work Plan: Consultation Paper, Aicpa Professional Ethics Division, November 15, 2019, Please Send Comments By February 28, 2020,
2019
University of Mississippi
Strategy And Work Plan: Consultation Paper, Aicpa Professional Ethics Division, November 15, 2019, Please Send Comments By February 28, 2020, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee
Exposure Drafts, Comment Letters, and Statements of Position
No abstract provided.
Ireland And Iceland In Crisis B: Decreasing Loan Loss Provisions In Ireland,
2019
Yale School of Management
Ireland And Iceland In Crisis B: Decreasing Loan Loss Provisions In Ireland, Arwin G. Zeissler, Andrew Metrick
Journal of Financial Crises
All public companies in the European Union, including Ireland’s major banks, were required to adopt IAS 39 for their annual accounting periods beginning on or after January 1, 2005. Under the “incurred loss” model of IAS 39, banks could set aside reserves for loan losses only when objective evidence existed that a loan was impaired, not in anticipation of future losses. As a result, Irish banks saw their aggregate reserve for bad loans drop from 1.2% of loan balances at the end of 2000 to only 0.4% by 2006-07, just before the collapse of the banking industry caused loan losses …
Comment Letters On Strategy And Work Plan: Consultation Paper, Aicpa Professional Ethics Division, November 15, 2019,
2019
University of Mississippi
Comment Letters On Strategy And Work Plan: Consultation Paper, Aicpa Professional Ethics Division, November 15, 2019, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee
Exposure Drafts, Comment Letters, and Statements of Position
No abstract provided.
Open Meeting Agenda, November 6, 2019, Durham, Nc,
2019
University of Mississippi
Open Meeting Agenda, November 6, 2019, Durham, Nc, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee
Association Sections, Divisions, Boards, Teams
No abstract provided.
Open Meeting Minutes, November 6, 2019,
2019
University of Mississippi
Open Meeting Minutes, November 6, 2019, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee
Association Sections, Divisions, Boards, Teams
No abstract provided.
Supporting The Changing Practices Of Teaching In Business At Queens College, City University Of New York,
2019
Queens College
Supporting The Changing Practices Of Teaching In Business At Queens College, City University Of New York, James Tasato Mellone, Edward F. Wall Iii, Qiong Xu
Publications and Research
This investigation sheds light on the teaching practices of Queens College (QC) faculty in Business. It identifies the Business faculty’s teaching support needs in order to develop ideas for improving Library services to them. This report is the result of research conducted under the guidance of Ithaka S+R, and in accordance with Office of Regulatory Compliance procedures at QC. Using a grounded theory approach to qualitative research, the investigators conducted in-person audio-recorded semi-structured interviews of seven full-time QC faculty who teach Business courses. Evidence derived from the transcribed interviews informed analysis of the current state of QC’s Business teaching experience, …
Disappearing Forks And Magical Airdrops,
2019
California Polytechnic State University, San Luis Obispo
Disappearing Forks And Magical Airdrops, David G. Chamberlain, Rodney P. Mock, Kathryn Kisska-Schulze
Accounting
In this article, the authors argue that the IRS misguides taxpayers because it confuses cryptocurrency hard forks and airdrops in newly issued Rev. Rul. 2019-24.
Sales Order Backlog And Corporate Social Responsibility,
2019
University of Tulsa
Sales Order Backlog And Corporate Social Responsibility, Li Sun, Brian Walkup, Kean Wu
Faculty Publications
We examine the impact of sales order backlog, an important leading indicator of firm performance, on corporate social responsibility (CSR) performance (measured as responsible and irresponsible CSR performance). We rely on the stakeholder view and the resource availability view of CSR to develop our hypotheses. Under the stakeholder view, we posit a positive relation between sales order backlog and CSR performance. Under the resource availability view, we posit this relationship to be negative. Our empirical evidence shows a significant positive relation between order backlog and irresponsible CSR performance, suggesting that firms with higher order backlog demonstrate lower overall CSR performance. …
Spillover Effects Of Clients’ Tax Enforcement On Financial Statement Auditors: Evidence From A Discontinuity Design,
2019
Singapore Management University
Spillover Effects Of Clients’ Tax Enforcement On Financial Statement Auditors: Evidence From A Discontinuity Design, Travis K. Chow, Jeffrey Pittman, Muzhi Wang, Le Zhao
Research Collection School Of Accountancy
We examine the impact of clients’ tax enforcement on financial statement auditors. In a regression discontinuity design, we exploit the firm-registration-date-based application of a new rule that assigns firms to two different tax enforcement regimes. Our analysis implies that auditors exert less effort–evident in lower audit fees and shorter audit report lags–when their clients are monitored by the more stringent tax authority. In results supporting that audit quality improves in this situation despite the fall in auditor effort, we report that clients subject to tougher tax enforcement exhibit a lower incidence of accounting restatements and tax-related restatements. Additionally, we find …
Examining Learning Transformation In Project-Based Learning Process,
2019
Singapore Management University
Examining Learning Transformation In Project-Based Learning Process, Gary Pan, Poh Sun Seow, Grace Koh
Research Collection School Of Accountancy
This paper presents a learning transformation framework for analyzing how learning evolves during project-based learning process. Here we adopt Lewin’s (1951) change theory as an analytical lens to examine the project-based learning curriculum at a University called UNI-X. This is a major contribution to PBL literature as little is known about the dynamics of learning during PBL process. In fact, the learning transformation framework can serve as the basis for further research in PBL process. For educators, this study provides them with useful insights on how to break project members’ escalating commitment to previous failing ideas and accept alternative workable …
