Accounting Commons^™

Small And Large Faculty-Size Adjusted Accounting Program Rankings Based On Research-Active Faculty: A Uniform Approach, Mark C. Dawkins, Matthew M. Wieland, Donald L. Ariail

Faculty Articles

Prior studies have ranked accounting programs based on the use of various methodologies, many of which did not control for faculty size. Even in studies that controlled for faculty size, a common issue was the inclusion of faculty and PhD students who were not research active. To resolve these sample issues, this study uses a sample of top-6 accounting journal publications over the 2006-2013 period to demonstrate an innovative, efficient, and uniform approach for calculating faculty-size adjusted accounting program rankings. This approach can be modified to include more accounting journals. Specifically, the study controls for faculty size by including only …

Health Care Entities, September 1, 2015; Audit & Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Singapore Accounting Professors Receive International Honour For Innovative Teaching, Singapore Management University

SMU Press Releases and News

Seow Poh Sun, Associate Professor of Accounting (Education) and Associate Dean (Teaching and Curriculum) and senior lecturer Wong Suay Peng of the School of Accountancy at Singapore Management University recently were honoured with the 2015 Innovation in Accounting Education Award from the American Accounting Association (AAA). The award, sponsored by the Ernst & Young Foundation, was given to Prof Seow and Ms Wong in recognition of their outstanding achievement in innovative teaching in the use of a mobile game app. Their work "Accounting Challenge: Mobile-Gaming App for Learning Accounting" is the first mobile-gaming app developed for teaching financial accounting. It …

Corporate Real Estate’S Rising Profile In The Banking And Finance Industry, Clarence Goh

Research Collection School Of Accountancy

Seven years after the financial crisis, profits have returned to the banking and finance industry – statistics compiled by the Federal Deposit Insurance Corporation (FDIC) for banks in the US showed that overall industry profits hit near record highs in 2014.

Economic Freedom, Investment Flexibility, And Equity Value: A Cross-Country Study, Chih-Ying Chen, Peter F. Chen, Qinglu Jin

Research Collection School Of Accountancy

Prior studies show that equity value has convex relations with earnings and book value of equity, respectively, due to growth and adaptation options (Burgstahler and Dichev 1997a; Zhang 2000). These studies, however, do not consider the role of institutions in affecting firms' ability to exercise growth and adaptation options. In this study, we investigate whether these convex relations vary with the degree of a country's economic freedom, which may influence the frictions and costs of exercising these options. We develop four hypotheses: In countries with greater economic freedom, (1) a firm's capital investment in response to profitability is greater; (2) …

Ceo Contractual Protection And Managerial Short-Termism, Xia Chen, Qiang Cheng, Alvis K. Lo, Xin Wang

Research Collection School Of Accountancy

How to address managerial short-termism is an important issue for companies, regulators, and researchers. We examine the effect of CEO contractual protection, in the form of employment agreements and severance pay agreements, on managerial short-termism. We find that firms with CEO contractual protection are less likely to cut R&D expenditures to avoid earnings decreases and are less likely to engage in real earnings management. The effect of CEO contractual protection is both statistically and economically significant. We further find that this effect increases with the duration and monetary strength of CEO contractual protection. The cross-sectional analyses indicate that the effect …

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.

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 …

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.

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.

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 …

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 …

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.

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 …