Accounting Commons^™

Essays On Mergers And Acquisitions, Marcin Krolikowski

USF Tampa Graduate Theses and Dissertations

This dissertation includes two essays that examine mergers and acquisitions. In the first essay we examine how pay-for-performance influences the quality of merger decisions before and after Sarbanes-Oxley (SOX). Pay-for performance has a significant positive effect on acquirer returns of 0.9% pre-SOX and 1.1% post-SOX around the three day event window. Bidders with high pay-for-performance pay a 23.3% lower merger premium in listed target acquisitions. The positive effect of pay-for-performance is more important for public target acquisitions overall, for small acquirers pre-SOX, and for large acquirers post-SOX. In the long-run, bidders with high pre-merger pay-for-performance experience 27.6% higher returns after …

The Affordable Care Act Raises The Stakes On Worker Classification; What Does This Mean For The Voluntary Classification Settlement Program, Sagar Parmar

Honors Projects in Accounting

This research considers worker classification and the many implications an employer must consider when classifying a worker as employee or independent contractor. One implication relates to healthcare benefits and healthcare taxes. As such, this research will evaluate the new healthcare taxes and implications resulting from the Affordable Care Act. Furthermore, this research will relate and explain worker classification with regards to the Voluntary Classification Settlement Program. This is a program offered by the Internal Revenue Service allowing employers to prospectively classify workers as employees with tax relief for past misclassification. The healthcare implications from the Affordable Care Act have raised …

Accounting Historians Notebook, 2014, Vol. 37, No. 1 (April) [Whole Issue]

Accounting Historians Notebook

April issue

Accounting History Conference Accounting Society Of China Zhengzhou, Henan, China 12 October 2013, Peter Walnizer

Accounting Historians Notebook

The International Accounting Education Standards Board and International Education Standards (IES’s) Professor Peter Wolnizer Chairman, International Accounting Education Standards Board and Academy Trustee

Prof. Lee Parker Shares Collection At Adelaide’S Annual History Month

Accounting Historians Notebook

Past-president of the Academy of Accounting Historians, Professor Lee Parker, recently sponsored an exhibition of his collection of historical accounting, management and business texts at the library of the University of South Australia, as part of Adelaide’s History Month.

Accounting History Symposium Parma, Italy November 29, 2013

Accounting Historians Notebook

Stephen Walker & Gloria Vollmers at the Royal Theatre of Parma (photograph)

President’S Message, Massimo Sargiacomo

Accounting Historians Notebook

As the Academy begins its new year of activity I am writing to express my gratitude for the opportunity to serve you.

Academy Member Spotlight: Prof. Guo Daoyang, Academy Of Accounting Historians

Accounting Historians Notebook

Professor Guo Daoyang was born in Gucheng, Hubei province of the People's Republic of China in 1940. He is a distinguished professor and director of Academic Committee of Zhongnan University of Economics and Law, also a trustee of Academy of Accounting Historians.

Accounting History Syllabus, Alan Sangster

Accounting Historians Notebook

The following is Prof. Dr. Alan Sangster’s syllabus for a course taught in Portuguese as a visiting professor at the University of Sao Paulo in 2012.

Academy Donates Books To University Of Mississippi Library’S Archives & Special Collections

Accounting Historians Notebook

Julia Rholes, Dale Flesher, Royce Kurtz, Gary Previts (Group photograph)

Join Academy Members And Guests At The American Accounting Association Annual Meeting Atlanta, Georgia, Sunday, August 3, 2014 1:00 – 4:30 Pm Cpe Workshop: Accounting History Perspectives; Call For Award Nominations Nominations Deadline For All Awards: June 2, 2014

Accounting Historians Notebook

Here’s a chance to learn about current research topics in accounting history and an opportunity to update academy members on your own project.

Empirically Analyzing The “Five Percent Rule Of Materiality” In Financial Reporting Decisions, Adam Morgan

Senior Honors Projects

This study analyzes a sample of financial restatements from 2011 and 2012 as a way to assess a proposed “five percent rule of materiality” for financial reporting decisions. Such a rule claims the average investor is only influenced by income restatements greater than five percent. Market reactions are observed through stock price, volume, and bid-ask spread following the restatement in the Form 10-K/A. The study finds only some firms restating net income by more than five percent experience statistically significant reactions in two of these metrics. The study also suggests percent change in net income is a significant driver of …

Tick Marks: The Auditors' Ancient Yet Modern Tool, Donald L. Ariail, Hugh P. Hughes

Accounting Historians Notebook

After reminiscing on the personalized audit tick marks the lead author had used during his many years in public practice, he checked the Brief Accounting Dictionary for a formal definition. Surprisingly, this term was not defined.

An Examination Of Earnings Surprises For Urban And Rural Firms, Bok Baik, Jong-Hag Choi, Yoonseok Zang

Research Collection School Of Accountancy

In this paper, we examine the association between firm location and management’s opportunistic financial reporting at earnings announcements. Because of investors’ preference for local stocks and the existence of large investment communities in urban areas, firms located in urban areas (i.e., urban firms) tend to have a higher level of visibility and attention. We predict that this tendency in turn motivates urban firms to opportunistically behave in an earnings surprises game. Consistent with our prediction, we find that (1) urban firms are more likely to report non-negative earnings surprises than rural firms; (2) urban firms are more likely to report …

Audit Committee Oversight Of Fraud Risk, Robert M. Wilbanks

Dissertations, Theses and Capstone Projects (Full IR Collection)

This study examines how audit committees (ACs) fulfill their responsibilities for assessing fraudulent financial reporting (FFR) risk by focusing on the social influence/risk aversion relationship. Although the AC’s responsibility for assessing FFR risk is arguably one of its most important roles, ACs lack consensus on how to perform the task of fraud risk oversight. This study explores this issue at a deeper level by examining the relationship between the AC’s fraud risk assessment process and the professional and personal ties that exist between AC members and (a) management (CEO and CFO), and (b) other corporate governance actors (internal audit, external …

Essays On Motivating Investment, J. Reid Cummings

Dissertations, Theses and Capstone Projects (Full IR Collection)

Essay 1

This research examines the relationship between Real Estate Investment Trusts‘ uses of the audit process to increase financial transparency, and their ability to attract and/or maintain reasonable access to capital investment. I find that capital investment is positively and significantly associated with three commonly used audit-related attributes: auditor quality (captured by higher audit fees), auditor specialization (captured by industry-audit specialization), and auditor reputation (captured by the audit firm being a Big 4 auditor). Moreover, I find the positive relationship between capital issuance and auditor fees remains after controlling for the financial crisis of 2007-2008. This positive association between …

The Story As A Cultural Transmitter: Applications For Business Education, Carol Blaszczynski, Ph.D.

International Journal for Business Education

Stories assist in transmitting cultural wisdom, including wisdom about the business community. The role of stories in various contexts such as education (including international management), management, and marketing, as well as the job search is explained. The article concludes by presenting instructional activities for business education that develop cultural competence through stories.

2014 Ijbe Front Matter, Tamra Connor

International Journal for Business Education

1. Editorial Board
2. President's Letter
3. SIEC-ISBE International

Continuous Auditing: Technology Involved, Yohann Pierre Junior D. Aboa

Undergraduate Honors Theses

This study will concentrate on the latest factor causing changes in the domain of accountancy: technological advances. With a great deal of creativity and ingenuity, accountants around the world were able to find solutions to one of the problems that arose: increased fraudulent behavior. These, at times, involved a level of technology that was still not fully understood by all its users. This paper is going to focus on one of the ways that technology was applied to react to these changes: continuous auditing and monitoring. The idea of continuously auditing/monitoring the events and transactions of companies is not a …

Alumnus Profile: Joe Adams

Business Exchange

Profile of Joe Adams, managing partner and CEO of McGladrey LLP, the fifth largest assurance, tax and consulting firm in the United States.