Accounting Commons^™

Small Audit Firms And Earnings Manipulations, Huichi Huang

Business Administration - Dissertations

This paper examines the monitoring role of small audit firms (i.e., those with 100 or fewer clients who are subject to different levels of oversight by the PCAOB) on earnings management. Specifically, I examine the relationship between earnings manipulations and the use of small audit firms. I find that small audit firms are less able to constrain managers' opportunistic use of discretionary accruals. However I find no evidence that small audit firms are associated with real activities manipulation. By investigating a specific group of audit firms that are the smallest in the audit market, this study extends our understanding of …

Mandatory Adoption Of International Accounting Standards In Germany: Financial Statement Effects, Sarah Wagemann

Graduate Theses

This paper addresses the mandatory adoption of International Financial Reporting Standards (IFRS) in Germany in 2005. The financial, statement effects and the variability of key accounting measures are analyzed under the German Commercial Code (Handelsgesetzbuch - HGB, German GAAP) and IFRS. I find that book value of equity and net income are slightly larger under IFRS than under German GAAP which reflects the fair value orientation of IFRS. Only weak evidence exists that the mandatory adoption of IFRS results in significant accounting differences unlike the results found in financial statements of German firms that voluntarily adopted IFRS.

تقويم أنظمة الرقابة الداخلية في قطاعات وزارة التربية دراسة تطبيقية / قسم الرقابة والتدقيق الداخلي للمديرية العامة لتربية القادسية, نجم عبد عليوي الكرعاوي

Muthanna Journal of Administrative and Economics Sciences

تقويم أنظمة الرقابة الداخلية في قطاعات وزارة التربية المديرية العامة لتربية القادسية – قسم الرقابة والتدقيق الداخلي . استهدف البحث لتقويم أنظمة أجهزة الرقابة والتدقيق الداخلي في المديرية العامة لتربية القادسية ولمعرفة أهم المشاكل الرقابية إيجاد الحلول الناجحة لها وقد استخدم الباحث في الجانب النظري الأسلوب الوصفي والتحليل الإحصائي في الجانب العملي وقد هيئة لهذا الغرض استمارات استبيان محكمة تألفت من خمسة محاور اذ توصلت إلى مجموعة من الاستنتاجات كان أهمها أداء الاهتمام المتزايد بأنظمة الرقابة الداخلية وتحوله من نظام تدقيق شامل الى الانتقائي أو الإختياري ليتسنى لها تقيم كفاءة أداء الأنشطة الداخلية في المديرية العامة للتربية وخرج الباحث بجملة …

دور أساليب المحاسبة الادارية الاستراتيجية في خدمة الادارات الاستراتيجية للمنظمات المعاصرة في العراق, حمزة صادق حسوني

Muthanna Journal of Administrative and Economics Sciences

تطبيق الإدارة الاستراتيجية للمؤسسات العراقية، من خلال دراسة هذه الأساليب والتقنيات، ومن ثم هذا الموضوع في الميدان من خلال توزيع – هذه الدراسة تهدف إلى إدخال أساليب وتقنيات المحاسبة الإدارية الاستراتيجية ودورها في خدمة أهداف إدارة المعاصرة الاستبيان في بعض الشركات. استخدمنا المنهج الوصفي التحليلي في الجزء النظري من الدراسة، حيث حاولنا أن تبين أهم الأفكار حول موضوع المحاسبة الإدارية الاستراتيجية وأساليب وتقنيات، واستخدمنا نهج تطبيق، حيث كنا استبيان المسح إلى جمع البيانات من تطبيق الشركات (7) الصناعية العراقية مع (45) الأفراد. وخلصت الدراسة إلى العديد من الحقائق مع مثل هذا الاتجاه من الشركات نحو استخدام وتطبيق المفاهيم الاستراتيجية في …

Teaching And Advising A New Generation Of Accounting Students, Stephen Scarpati, Patricia Johnson

WCBT Faculty Publications

A glimpse into the NYSSCPA’s 2012 Higher Education Conference.

Collaboration among practitioners and educators provides students with a bridge to the profession, and taking the opportunity to learn from each other helps ensure that students receive a relevant education that meets the needs of their future employers. For those in attendance, the NYSSCPA’s 2012 Higher Education Conference provided information that can be applied in the classroom to improve accounting education. In addition, professors gained updated insight and knowledge that will help them better advise a new generation of accounting students as they embark on the path to becoming a CPA.

Cloud Computing: A Paradigm Shift, Poh Sun Seow

Research Collection School Of Accountancy

Research has shown that investment in IT is a key driver of productivity improvement in the accountancy sector. IT enables accounting firms to increase their productivity by automating tasks and enhancing collaboration within the firm and with their clients. Cloud computing has generated much interest from the business and IT communities these days as an emerging technology to increase productivity.

Determinants And Consequences Of Risk Management Committee Formation, Chris Hines

Graduate Theses and Dissertations

This paper examines the determinants and consequences of financial institutions voluntarily forming risk management committees (RMCs). Specifically, I determine whether RMCs are related to a change in risk outcomes, an increase in profitability, a change in hedging and trading derivative structures, and greater financial reporting quality during the post-committee formation period compared to a control group. I use a sample of financial institutions that form a RMC in any year from 1994 through 2008 and a control sample of financial institutions that do not form a RMC during the sample period. The results provide evidence to suggest that financial institutions …

Change Management: The People Dimension, Gary Pan

Research Collection School Of Accountancy

Many accounting professionals believe it is important to raise productivity in the accounting sector. A recent survey conducted by the Institute of Management Accountants (2011), however, highlighted that raising productivity, while a very important topic, can be a daunting challenge. Therefore, the urgent issue facing the accounting sector is to address the critical concern of how accounting professionals can be more productive?

Productivity, Return-On-Capital And Stock Price Performance, Andrew Lee, Tracey Zhang

Research Collection School Of Accountancy

Productivity improvements in businesses are invariably championed as value-enhancing propositions. Whether the improvements are labour-related or asset-related, the value of a business is arguably enhanced when its employees are more productive, its assets are utilised more productively, and its operations are conducted more efficiently.

Do Analysts Understand The Valuation Implications Of Accounting Conservatism When Forecasting Target Prices?, Jae Bum Kim, Alexander Nekrasov, Pervin K. Shroff, Andreas Simon

Research Collection School Of Accountancy

Conservatism in earnings does not have a direct impact on the present value of future cash flows. This paper examines whether financial analysts correctly undo the effect of accounting conservatism incorporated in their own earnings forecasts in arriving at their target price forecasts. Based on prior findings, we consider alternative valuation models/heuristics that may be used by analysts to estimate target prices, e.g. the forward P/E and the PEG ratio. Our evidence suggests that analysts fail to fully undo the effect of accounting conservatism embedded in their forecasts of earnings and earnings growth when estimating their target price forecasts. More …

The Role Of A Non-Executive Director In Smes, Jiwei Wang

Research Collection School Of Accountancy

There are not many SMEs in Singapore which employ independent non-executive directors. SMU Associate Professor of Accounting Wang Jiwei advised that there are immense benefits that a non-executive director can bring to an SME as its business grows. These include the credibility that the person can bring to the management team, including the important and useful contacts, as well as different skill sets and experiences. “Understand your needs and then identify the right type of experienced individuals who possess the necessary expertise or business networks. There is a high possibility that your ‘perfect' non-executive director may be someone you already …

The Role Of A Non-Executive Director In Smes, Jiwei Wang

Research Collection School Of Accountancy

There are not many SMEs in Singapore which employ independent non-executive directors. SMU Associate Professor of Accounting Wang Jiwei advised that there are immense benefits that a non-executive director can bring to an SME as its business grows. These include the credibility that the person can bring to the management team, including the important and useful contacts, as well as different skill sets and experiences. “Understand your needs and then identify the right type of experienced individuals who possess the necessary expertise or business networks. There is a high possibility that your ‘perfect' non-executive director may be someone you already …

Entities With Oil And Gas Producing Activities With Conforming Changes As Of September 1, 2012; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Improving Ethics Education In Accounting: Lessons From Medicine And Law, Chunhui Liu, Lee J. Yao, Nan Hu

Research Collection School Of Computing and Information Systems

The purpose of this paper is to offer accounting educators additional perspectives for ethics education by considering teaching approaches from medicine and law. It takes the form of literature review and argument. The paper finds that ethics education in accounting shows deficiencies in terms of code-bound content, less systematic formal training, less informal hands-on training, and less usage of partnering in comparison to ethics education in medicine and law, thereby producing students with higher moral cognitive capabilities. Based on these findings, the authors provide some recommendations for improvement.

Does Earnings Quality Affect Information Asymmetry? Evidence From Trading Costs, Nilabhra Bhattacharya, Hemang Desai, Kumar Venkataraman

Research Collection School Of Accountancy

Information asymmetry in financial markets relates to the idea that one party to a transaction has better information than the other. Since financial reporting involves the transmission of value-relevant enterprise information, we investigate whether the quality of reported earnings can contribute to differentially informed financial market participants. Higher information asymmetry is costly as it increases the adverse selection risk for market participants and lowers liquidity. For a large sample of NYSE and NASDAQ firms, we show that (i) poor earnings quality is significantly and incrementally associated with higher information asymmetry, (ii) earnings quality disproportionately affects information asymmetry for firms with …

Accounting And Productivity: Answering The Big Questions, Gary Pan, Themin Suwardy

Research Collection School Of Accountancy

No abstract provided.

المعايير المحاسبية العراقية ومدى توافقها مع المعايير المحاسبية الدولية على تطوير الممارسات المحاسبية في العراق – دراسة مقارنة للتوفيق بين المعايير, ميادة جعفر ناجي

Muthanna Journal of Administrative and Economics Sciences

تكشف الدراسة الحالية متطلبات التوافق والتطبيق بين معايير المحاسبة الدولية ومعايير المحاسبة العراقية في ظل الظروف البيئية الدولية والعراقية من خلال (أجراء دراسة مقارنة )، لتقريب وتوضيح وجهات النظر ولتحقيق التوافق بينهما، وهنا برز هدف الدراسة للكشف عن ما توصلت إليه المعايير الدولية من تطوير للأداء والممارسات المحاسبية , ومن ثم عكس تجربة البيئة الدولية ومحاولة تطبيقها في البيئة العراقية بقصد تقليل أو سد الفجوة بين متطلبات تطبيق المعايير الدولية والعراقية من اجل إيجاد ممارسات محاسبية تتوافق مع تلك الدولة لتوحيد اللغة المحاسبية وإضفاء الوضوح والموثوقية والمصداقية على تلك التطبيقات ،وضرورة الأخذ بمتطلبات التوافق والتطبيق مع البيئة الدولية وهذا أهم …

Helping Hands, Gary Pan

Research Collection School Of Accountancy

With economic uncertainty prevailing in recent years, Singapore is being confronted with the challenges of managing growing aging population, acute land and labour constraints and rising business operating costs. If left unchecked, these challenges may threaten Singapore’s economic well-being and consequently its status as a global and financial hub. To address these challenges, many believe productivity-driven growth can deliver sustainable and inclusive economic development and improve Singapore’s standard of living over time. The National Productivity and Continuing Education Council (NPCEC), set up to spur Singapore to step up its efforts to boost skills and enterprise productivity, has identified the accountancy …

Measuring Reporting Conservatism Using The Dichev-Tang (2008) Model, Jimmy Kiat Bee Lee

Research Collection School Of Accountancy

This paper provides a critical evaluation of an alternative measure of reporting conservatism introduced by Dichev and Tang (2008). Although there is substantial interest in research on accounting conservatism, there is no consensus among researchers on the most appropriate measure of conservatism in empirical studies. Dichev and Tang (2008) introduce a new measure of conservatism, which they believe to be a 'natural and practical measure of conservatism (p. 1441).' However, the econometric properties of this measure have not been fully evaluated, and previous studies have not provided evidence of this measure’s construct validity. Based on a parsimonious model of conservatism, …

Banking On Productivity, Chu Yeong Lim

Research Collection School Of Accountancy

Streamlining processes and improving productivity in the accounting function has been identified as the single most important challenge in a survey of the Institute of Management Accountants (IMA) members conducted in 2011. This is despite the majority of members indicating that they have achieved significant long term productivity improvements. Some of the other challenges identified by the interviewees include managing change in a global environment, implementing an enterprise resource planning system and connecting finance to front office. Automation and investing in data analysis/ business intelligence tools are some of the tools used by the interviewees to improve productivity (IMA, 2011). …