Spring Meeting Of Council, May 17-19, 2015, Washington, Dc, Volume 1,
2015
University of Mississippi
Spring Meeting Of Council, May 17-19, 2015, Washington, Dc, Volume 1, American Institute Of Certified Public Accountants. Council
Association Sections, Divisions, Boards, Teams
No abstract provided.
Spring Meeting Of Council, May 17-19, 2015, Washington, Dc, Volume 1 (With Index And Reduced To Four Pages To The Page),
2015
University of Mississippi
Spring Meeting Of Council, May 17-19, 2015, Washington, Dc, Volume 1 (With Index And Reduced To Four Pages To The Page), American Institute Of Certified Public Accountants, Council
Association Sections, Divisions, Boards, Teams
No abstract provided.
Ua80/4 Treasurer's Report,
2015
Western Kentucky University
Ua80/4 Treasurer's Report, W Club
University Organizations
Treasurer's Report for the May 2015 meeting of the W Club Board of Directors.
Auditing Standards Board (Asb) Meeting Highlights May 12-15, 2015 Baltimore, Md,
2015
University of Mississippi
Auditing Standards Board (Asb) Meeting Highlights May 12-15, 2015 Baltimore, Md, American Institute Of Certified Public Accountants. Auditing Standards Board
Association Sections, Divisions, Boards, Teams
No abstract provided.
Auditing Standards Board (Asb), May 12-15, Meeting Agenda, Baltimore, Md,
2015
University of Mississippi
Auditing Standards Board (Asb), May 12-15, Meeting Agenda, Baltimore, Md, American Institute Of Certified Public Accountants. Auditing Standards Board
Association Sections, Divisions, Boards, Teams
No abstract provided.
What Happens When A Stock Is Added To The Nasdaq-100 Index? What Doesn’T Happen?,
2015
Montclair State University
What Happens When A Stock Is Added To The Nasdaq-100 Index? What Doesn’T Happen?, Susana Yu, Gwendolyn Webb, Kishore Tandon
Department of Accounting and Finance Faculty Scholarship and Creative Works
Purpose – Prior research on additions to the S&P 500 and the smaller MidCap 400 and SmallCap 600 indexes reach different conclusions regarding the key variables that explain the cross-section of announcement period abnormal returns. Most notable in this regard is that liquidity measures, long thought to be of importance, do not appear to explain abnormal returns of the S&P 500 when other factors are controlled for. By contrast, they do appear to matter for additions to the smaller stock indexes. To explore this difference, the purpose of this paper is to analyze the abnormal returns upon announcement that a …
Bank Loan Agreement And Ceo Compensation,
2015
Kennesaw State University
Bank Loan Agreement And Ceo Compensation, Amine Khayati, Donald L. Ariail
Faculty Articles
Contrary to other forms of outside financing, the announcement of a bank loan agreement prompts a positive and significant market return. Throughout the literature, bank loans are deemed special and unique due to multiple benefits accruing to bank borrowers. The short-term positive market reaction is however inconsistent with the long-term underperformance of borrowing firms (Billet et al., 2006). We find that unlike shareholders, CEOs gain from the bank loan relation over the long-term. Specifically, we find that bank loan agreement elicits a significant increase in total compensation through an increase in non-performance based compensation components such as salary, bonus and …
Accounting Information Systems For Msme Survivability,
2015
De La Salle University, Manila
Accounting Information Systems For Msme Survivability, Alger Tang
Center for Business Research and Development
According to the International Finance Corporation (2012), small and medium enterprises (SMEs) represent a substantial percentage of businesses globally (about 90%). Moreover, they are directly responsible for more than half of employment worldwide. As such, governments and economists consider the SME sector to be a key factor in national growth (Pollard & Hayne, 1998). In the Philippines, micro, small and medium enterprises (MSMEs) already account for almost all (99.6%) of the businesses in the country (Department of Trade and Industry, 2011). Furthermore, it provides employment to 63% of the Philippine labor force.
Does Corporate Inversion Lead To Tax Savings?,
2015
University of Arkansas, Fayetteville
Does Corporate Inversion Lead To Tax Savings?, Nathan P. Downs
Accounting Undergraduate Honors Theses
Corporate Inversion
A Commentary On Women In The Workforce: Has The Issue Of Gender Discrimination Pierced Through To The Accounting Profession?,
2015
University at Albany, State University of New York
A Commentary On Women In The Workforce: Has The Issue Of Gender Discrimination Pierced Through To The Accounting Profession?, Jennifer A. Roman
Accounting
The following is intended to be a theoretical commentary on the issue of gender discrimination against women in the modern professional workforce. The content is designed to discuss the issue at hand and explain its pertinence within modern society. The relevant discussion will suggest that there seems to be a sufficient quantity of anecdotal evidence in order to suggest that this issue may have penetrated the accounting profession. This raises the concern that women may be experiencing discrimination within the accounting profession, in terms of leadership roles, monetary earnings, and employer-provided benefits. Ultimately, this discussion will raise questions to be …
Coins In The Air: A Literature Review On The Evolving Framework Of Bitcoin And Its Relevance To The Accounting Profession,
2015
University at Albany, State University of New York
Coins In The Air: A Literature Review On The Evolving Framework Of Bitcoin And Its Relevance To The Accounting Profession, Javin H. Forrester
Accounting
Bitcoin is an innovative virtual currency, which has gained much commercial traction, yet is widely overlooked by the accounting profession. Due to its parallels with actual currencies and its growing use, accountants should be aware of what bitcoin is, including its risks and benefits, in order to properly leverage its business uses. Of the existing financial instruments, derivatives stand out in their potential to stabilize the bitcoin market. Bitcoin regulation is sparse, but evolving, especially in the face of the emerging bitcoin securities and derivatives markets. The accounting profession is poised to play a major role in facilitating the future …
Nike Marketing Strategy: A Company To Imitate,
2015
University at Albany, State University of New York
Nike Marketing Strategy: A Company To Imitate, Patrick Flynn
Accounting
This paper takes an in depth look at how Nike became the largest company in its industry and how other companies across various industries have tried to model Nike’s plan for success. At the heart of Nike’s business plan are the company’s unique marketing strategy and culture that significantly helps foster innovation and creativity. First I will go into a brief history of the company and its most popular brand. Then an in-depth analysis will be provided of these two important pillars of success. The next part of the paper will focus on how other companies in the same industry …
The Controversy Of Mandatory Audit Firm Rotation: Has Quantitative Accounting Research Misinformed Us About The Relationship Between Audit Tenure And Audit Quality?,
2015
University at Albany, State University of New York
The Controversy Of Mandatory Audit Firm Rotation: Has Quantitative Accounting Research Misinformed Us About The Relationship Between Audit Tenure And Audit Quality?, Courtney Stern
Accounting
There is controversy between regulators and audit firms over the policy of mandatory audit firm rotation. Many regulators favor mandatory audit firm rotation whereas audit firms are against such a policy. Regulators argue that mandatory firm rotation would improve audit quality while audit firms claim that audit quality increases with audit tenure. Typically, regulators and audit firms refer to academic research that supports their position. One early paper on mandatory audit firm rotation that is commonly cited by academics and opponents of mandatory rotation is Carcello and Nagy (2004), which finds that longer audit tenure does not reduce audit quality. …
Effects Of Tax Evasion In The United States,
2015
University at Albany, State University of New York
Effects Of Tax Evasion In The United States, Matthew Morse
Accounting
This study identifies, highlights and approaches the economic impact imposed by tax evasion. Tax evasion is overlooked as a common matter, but the economic consequences of not alleviating evasion can be deadly. This paper utilizes a collection of research to define tax evasion. From the literature it will provide a history of income taxation in the United States as it relates to tax evasion. The effect of tax havens have on the amount of tax evasion is approached according to literature. Specific cases of evasion are mentioned to further evaluate the effect of tax evasion on the United States economy. …
Large American Banks And Economic Recovery: A Look At 2009 And 2014,
2015
University at Albany, State University of New York
Large American Banks And Economic Recovery: A Look At 2009 And 2014, Robert Bonilla
Accounting
I analyzed the financial performance and stock performance of the largest four banks in the United States after the banking crisis of 2008. By using 2009, the year that recovery for the financial sector began, as a benchmark, I could determine the level of success each of the four banks reached in 2014 in relation to themselves and to one another. Using simple, but effective ratios and equations I could compare the efficiency with which upper management in each company has made use of asset, debt, and equity accounts. My results support the fact that larger accounts do not necessarily …
Exploring The Fantasy World Of Internet Gambling,
2015
University of Arkansas, Fayetteville
Exploring The Fantasy World Of Internet Gambling, Bobby Philip Meek
Accounting Undergraduate Honors Theses
This thesis explores the gambling activities arising from Fantasy Sports Leagues, in particular the gambling behavior of college students within these leagues. In my research, I investigated the development of the industry, the rules and surrounding internet gambling, and conducted a survey of college students over their Fantasy Sports behavior.
Revenue Recognition – Milestone Method (Topic 605) 2010 Amendment: From The R&D Industry Perspective,
2015
University of Southern Mississippi
Revenue Recognition – Milestone Method (Topic 605) 2010 Amendment: From The R&D Industry Perspective, Sofia I. Tent
Honors Theses
This paper examines the Revenue Recognition – Milestone Method (RRMM), FASB codification amendment of 2010 and its effect on the health of firms heavily dependent on the Research and Development (R&D), as evidenced by the operating profit margin. By utilizing a two-stage OLS model developed by Lev and Sougiannis (1996), this study measures the effect of the adoption of the RRMM on operating profit margin. The sample includes U.S. firms with significant R&D expenses (a R&D expenses/Sales ratio greater than 2%) for the years 2006-2013. Due to the more rapid recognition of income using the RRMM, I expect the operating …
State Vs. Federal: Marijuana Legislation And Its Effect On Taxes,
2015
University of Tennessee at Chattanooga
State Vs. Federal: Marijuana Legislation And Its Effect On Taxes, Mamie G. Duckworth
Honors Theses
Marijuana is becoming increasingly popular and accepted within our society; so much so that certain states have legalized it for medical or recreational use, despite marijuana remaining illegal with regards to the federal government. This has lead, and will continue to lead, to complicated and uncertain tax scenarios for the businesses that produce and sell marijuana. Many problems stem from the federal government being unable to recognize or associate with businesses that deal with marijuana. This affects these otherwise legitimate businesses by disallowing the use of federally insured banks as well as taking away the ability to seek federal bankruptcy …
A Review Of The Accounting Treatment For Contingencies Arising From Environmental Issues,
2015
University of Tennessee at Chattanooga
A Review Of The Accounting Treatment For Contingencies Arising From Environmental Issues, Colleen M. Sauser
Honors Theses
The purpose of this project is to review the U.S. GAAP treatment of issues arising from environmental contingencies. This review consists of accounting literature and pronouncements issued by the FASB and SEC as well as environmental legislation, most notably CERCLA. The results of this review showed that the accounting industry has been one step behind environmental legislation and continues in its endeavor to provide financial statement users with useful information.
An Investigation Of Credit Borrower Concentration,
2015
Singapore Management University
An Investigation Of Credit Borrower Concentration, Heng Yue, Pingui Rao, Jigao Zhu
Research Collection School Of Accountancy
Credit borrower concentration arises when a bank or financial institution lends a large amount of its funds to a few large borrowers. We find that borrower concentration is positively related to non-performing loans and negatively related to financial performance. We also find that the voting power of bank’s controlling shareholder is positively related to the borrower concentration. The evidence is consistent with the view that controlling shareholders divert resources away from banks by extending a high volume of loans to a few related parties, which leads to high borrower concentration. Further evidence indicates that some seemingly unrelated large borrowers, as …
