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Qualitative Characteristic Of Financial Statement Information And Implementation Psak 73 : Case Study In The Advertising Services Pt Abc, Hasnawati Hasnawati, Marsdenia Marsdenia, Trie Wiesty Cindy Salsabila

Jurnal Vokasi Indonesia

The quality of information presented in the financial statement is the most important thing for stakeholders in the business decision-making context. There has been a significant change in lease accounting practices due to changes in lease accounting standards for all business entities in countries that adopt IFRS. In 2017 the IASB published IFRS 16 Leases as new guidance on leases replacing IAS 17. DSAK IAI made adjustments related to IAS 17 to become PSAK 30, then based on the changes that emerged PSAK 30 was revoked and adjustments were made to IFRS 16 to become PSAK 73. These changes were …

Accounting Firm Professionals’ Perceptions Of Internal Control And User Issues Associated With Quickbooks, Dena Breece, William Thomas, Daniel Parisian

The North American Accounting Studies

With increased Certified Public Accountants eligible to retire and challenges with hiring quality accounting staff, organizations must be increasingly aware of the likelihood of accounting information system internal control problems and possible solutions to address these issues. With the ongoing desire for sound financial reporting and fraudulent activity on the rise, organizations should also prioritize understanding the existence and differences of system internal controls. This study examines accounting firm professionals’ perceptions or beliefs on potential internal control problems and solutions in utilizing Intuit QuickBooks Desktop and QuickBooks Online to gain insight on whether problems and solutions exist and any differences …

Online Versus Face-To-Face Instruction: Entry Level Accounting Students Are Performing About The Same, Nancy L. Johnson, Candalyn B. Rade

The North American Accounting Studies

Students today demonstrate strong aptitude for using online learning resources resulting from most completing high school during the COVID-19 pandemic. Learning resources available for instructional design include faculty created, publisher provided, and a plethora of online videos. This study aimed to understand if scores on graded assignments differ between online (OL) and face-to-face (F2F) sections of entry-level accounting, differences in student learning resources access, and if access correlates with performance on graded assignments. Findings revealed students performed similarly in OL and F2F sections on many, but not all graded assignments. Video resource access was higher for OL students and was …

Do Intangible Assets Impact Financial Statement Comparability? A Case Study Of Washington State Hospitals, Andrew Brajcich, Dan Friesner, Matthew Q. Mcpherson

The North American Accounting Studies

Firms are becoming increasingly reliant on intangible assets to create value and differentiate themselves from their peers. Intangible assets are typically reported in the balance sheet using general categories such as “goodwill” or “other intangible assets.” Intangible assets are often unique in their attributes and productive lifespans, which makes them challenging to accurately and precisely record in accounting statements. While the assets themselves provide unique value creation opportunities, it is unclear whether specific intangible assets impact assessments of financial statement comparability. This study investigates whether the existence of various types of intangible assets leads to differences in financial statement comparability …

Balancing Governance And Tradition: Navigating Political, Social, Economic, And Cultural Dynamics In Indonesian Village-Owned Enterprises, Desti Fitriani, Elvia R. Shauki, Mohammad Istiaq Azim

ASEAN Journal of Community Engagement

This study examines the complex governance dynamics affecting Indonesian Badan Usaha Milik Desa (BUMDes) [village-owned enterprises], focusing on political, social, economic, and cultural pressures. Using a qualitative multi-case approach, including focus group discussions with 65 participants from West Java and West Nusa Tenggara, Indonesia, the study identified significant challenges: political interference, limited community engagement, economic dependence on government funds, and cultural norms that constrain BUMDes operations. Village elites frequently influence governance, limited capital access, and ingrained cultural values hinder transparency and open dialogue. To address these challenges, this study recommends a comprehensive approach comprising four key strategies: enhancing the institutional …

Decoding The Dynamics In Financial Fraud, Triana Eva Adiningsih

Jurnal Akuntansi dan Keuangan Indonesia

This empirical study examines fraud for the entire period and then compares it with the latest trends in the five years. This study utilizes extensive data sets to analyze specific aspects of fraud, including causes, types, solutions, and real-world cases. This study conducted a systematic literature review of relevant literature by taking data from Scopus-indexed journals. Vosviewer was used to identify events, and spreadsheet file information was grouped manually. Interestingly, the cheating types of ‘five-year statistics’ and ‘all-time statistics’ show slightly different frequencies. The main research topics focus on money laundering and financial crimes. To explore this further, this report …

Cfo-Ceo Informal Ties, Business Strategy, And Tax Aggressiveness, Hilmi Khuluqy, Siti Maisaroh, Alfa Rahmiati, Heru Tjaraka

Jurnal Akuntansi dan Keuangan Indonesia

This study aims to provide empirical evidence on the impact of the informal relationship between the CFO and CEO on tax aggressiveness, and the moderating role of business strategy in this relationship. The data used in this study is sourced from companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. The informal relationship between the CFO and CEO is measured through social ties and CFO co-option, while tax aggressiveness is measured by book-tax differences. This study also explores how business strategies, categorized as prospector or defender, moderate this relationship. The results indicate that CFO-CEO social ties …

Fraud Mitigation By Embodying Maqashid Sharia Values And Islamic Work Ethics, Farah Nurani Qorny, Sugiyarti Fatma Laela, Ahmad Levi Fachrul Avivy

Jurnal Akuntansi dan Keuangan Indonesia

This research examines how the fraud square influences fraud, and investigates whether implementing tahdzib al-fard (educating individuals), part of Maqashid Sharia values, and Islamic Work Ethics (IWE), can reduce employee involvement in fraud. The study uses a quantitative approach with questionnaires for data collection, with 257 civil servants in Banten Province agencies, Indonesia, as study samples. The data were further tested using partial least squares structural equation modeling. The study reveals that pressure, opportunity and rationalization have a positive relationship with fraud, while integrity has no impact on fraud deterrence. Tahdzib al-fard significantly influences employee perceptions and attitudes towards dealing …

The Role Of Cost Of Capital In The Link Between Esg Reporting And Firm Performance, Emmanuel Dwomor, Emmanuel Mensah

Jurnal Akuntansi dan Keuangan Indonesia

The attention surrounding Environmental, Social, and Governance (ESG) factors within the corporate realm has grown significantly, as evidence mounts regarding their influence on firm performance. This research explores the connection between ESG reporting and firm performance from emerging economies’ perspective, with the cost of capital acting as a mediator to enhance our understanding of how capital providers perceive the risk profile of ESG-compliant firms and thereby reward them through a reduction in the costs they demand on their invested capital. The study sourced annual reports data on a sample of 146 emerging market firms across 59 industries spanning 2019 to …

Behavioral Accounting As A Catalyst In The Organizational Transformation Process Toward Sustainability, Ni Wayan Yellow Prinsis Dayani, I Gusti Ayu Nyoman Budiasih

Jurnal Akuntansi dan Keuangan Indonesia

This research investigates the role of behavioral accounting as a catalyst in the organizational transformation process towards sustainability using phenomenological methods. The study aims to explore how behavioral accounting identifies individual behavioral factors, designs efficient sustainability systems, and enhances organizational commitment to sustainable practices. The research employs observation, secondary data analysis, and semi-structured interviews with organizational internal team, analyzed through Interpretative Phenomenological Analysis (IPA). Findings indicate that behavioral accounting contributes to organizational sustainability by enhancing transparency in accounting information, thereby minimizing the risk of fund misuse and ensuring efficient resource allocation. This research supports behavioral accounting as pivotal in shaping …

Public Disclosure And Its Impact On Ceo Compensation: Evidence Of Media Influence, Xin Zhao

Journal of Global Awareness

I examine the effect of the AFL-CIO executive paywatch identification on future CEO compensation. My findings indicate that the public disclosure of CEO compensation has a negative impact on subsequent changes in CEO pay. Additionally, I find that CEOs with ex-ante overpayment have experienced changes in their subsequent compensation. This paper contributes to the literature by documenting that firms respond to negative press coverage of CEO compensation, even after controlling for the mean reversion effect associated with high CEO pay.

Addressing Organizational Challenges In The Accounting Industry Through Academic-Industry Collaboration: A Literature Review, Blair Johnson

The Scholarship Without Borders Journal

The accounting industry is undergoing a significant transformation driven by a severe global shortage of accountants, rapid technological advancements, and increased regulatory pressures. This literature review critically examines the accounting profession's multifaceted challenges, including talent acquisition and retention issues, the impact of private equity investment, and the integration of artificial intelligence. The paper highlights the need for strategic partnerships between the accounting industry and academic institutions, particularly business schools, to address these challenges effectively. It emphasizes the importance of modernizing accounting curricula, fostering deeper university-industry collaborations, and co-creating experiential learning opportunities to better prepare graduates for the evolving demands of …

Strategi Pemenuhan Pemeriksa Di Lembaga Internasional Pada Badan Pemeriksa Keuangan, Afrizal Afrizal

Jurnal Administrasi Bisnis Terapan

This research aims to analyze the factors that are considered in the selection of auditors in carrying out audit assignments in international institutions and formulate strategies for the fulfillment of employees for audits in international institutions at The Audit Board of The Republic of Indonesia. The research was carried out at the Audit Board of the Republic of Indonesia at the Human Resources Bureau. This research is intended to formulate more effective and efficient policies in human resource management, especially the management of auditors in The Audit Board of The Republic of Indonesia.

The author uses several theories related to …

How The Tax Cuts And Jobs Act Changed The Distribution Of Itemized Deductions, John Nardolillo Jr.

Honors Projects in Accounting

The Tax Cuts and Jobs Act (TCJA) of 2017 introduced significant changes to itemized deductions and the standard deduction, impacting taxpayers across income levels. This study utilizes data from the Statistics of Income to examine changes in tax progressivity and vertical tax equity between 2017 and 2020. The analysis finds that higher-income earners retained a considerably greater benefit from itemizing under the TCJA, indicating a decrease in progressivity post-2017. These results suggest a widening disparity in the tax benefit distribution of itemized deductions, as lower-income groups benefited less from itemizing. The study's insights provide a basis for policymakers as they …

Evaluating The Perceived Benefits Of Education In Revenue Cycle Management And The Impact On Medical Claims Reimbursement, Jessica L. Miller

Student Dissertations

Efficient Revenue Cycle Management (RCM) is essential for healthcare organizations to ensure timely and accurate reimbursement for medical claims. The research problem was the significant inadequacies in RCM process in medical billing that has resulted in financial burdens imposed on providers, patients, and the organizations that provide medical services. There are clearly identified educational gaps in RCM that contribute to claim denials, delays, and revenue loss, underscoring the need for robust training programs. The purpose of this study was to explore the perceived impact of education in RCM on medical claim reimbursement outcomes within the U.S. healthcare system. The study …

Transforming Accounting With Artificial Intelligence, Aidan M. Morneault

Business Analytics Student Projects and Publications

The accounting field is evolving quickly with the integration of Artificial Intelligence (AI), and BNN is taking on this challenge. This report explores how BNN incorporates AI tools like Microsoft’s CoPilot and Caseware into its operations to streamline audits, enhance efficiency, and ensure compliance. This report will also cover how the industry handles this new technology, but still have a focus on BNN. While AI has brought significant benefits such as reducing costs, speeding up data processing, and moving towards real-time audits, it also presents challenges. These challenges include trust in AI outputs, high implementation costs, and workforce training. To …

Navigating Workforce Utilization Metric In The Indian It Industry: A Multifaceted Study, Shipra Jha

Management Dynamics

The measurement of workforce utilization is a critical concern for organizations, especially within the dynamic landscape of the IT industry. This research explores the multifaceted nature of utilization metrics by devising Utilization Insight Elicitation Framework (UIEF), focusing on three major themes: defining utilization and understanding the significance, assessing its impact on employee well-being, and contemplating its future relevance. Examining utilization from cost and revenue perspectives reveals how organizations optimize costs while ensuring project profitability. The study scrutinizes the balance between cost-focused and headcount-centered approaches, considering employees' roles and project demands. Additionally, it discusses factors for inclusion/exclusion in utilization calculations and …

Dark Tetrad Personality And Earnings Management: The Moderating Effect Of Corporate Reputation, Alan Diógenes Góis, Gerlando Augusto Sampaio Franco De Lima, Márcia Martins Mendes De Luca, Giorgio Gotti

School of Accountancy Faculty Publications

Objective: The purpose of this study is to investigate the moderating effect of corporate reputation on the relationship between the Dark Tetrad personality and earnings management.

Method: Two approaches were adopted: one archival and one experimental. In the archival approach, 434 firms (2,645 observations) headquartered in the US were analyzed, covering the period 2010-2017. Earnings management was proxied by accruals quality, reputation was proxied by the score on the ranking of the World’s Most Admired Companies, and Dark Tetrad personality was based on CEO speech and ‘Big Five’ personality analysis. In the experimental approach, we used a 2x2 between-subjects design …

Innovating Under Pressure? Regulatory Intensity And Corporate Innovation, Christy Mak

Honors Projects in Finance

We investigate the impact of regulatory intensity on innovation outcomes. We examine U.S. publicly listed firms, utilizing a novel firm-level measure of exposure to all federal regulations. The study reveals that highly regulated companies tend to exhibit lower patent value, a reduction in patent filings, and a decrease in patent citations. The results suggest additional costs imposed on firms burdened by heavy regulations. Furthermore, financial distress and political connections mitigate this negative effect. Overall, the paper uncovers a previously undiscovered connection between regulation at an aggregate level and innovation, emphasizing circumstances where regulations may impose costs that outweigh potential benefits.

Audit Firms' Entry Into H-Share Audit Market And Mainland Audit Pricing: Evidence From China, Rui Zhang, Gaoliang Tian, Zichen Tian, Liuchuang Li

Research Collection School Of Accountancy

Purpose: This study aims to investigate whether mainland Chinese audit firms’ entry into the H-share market to provide audit services affects their mainland audit pricing. Design/methodology/approach: Using data on A-share listed companies in China from 2008 to 2018, a difference-in-differences model to test the research question is designed. Robustness tests are conducted to rule out alternative explanations and additional tests to shed light on the extent and inner workings of the main effect. Findings: The entry of mainland audit firms into the H-share audit market leads to a significant decrease in mainland audit pricing. Moreover, this main effect is (i) …

Do Commercial Ties Influence Esg Ratings? Evidence From Moody's And S&P, Xuanbo Li, Yun Lou, Liandong Zhang

Research Collection School Of Accountancy

We provide the first evidence that conflicts of interest arising from commercial ties lead to bias in environmental, social, and governance (ESG) ratings. Using the acquisitions of Vigeo Eiris and RobecoSAM by Moody's and S&P as shocks to the commercial ties between ESG rating agencies and their rated firms, we show that, after their acquisitions by the credit rating agencies (CRAs), ESG rating agencies issue higher ratings to existing paying clients of the CRAs. This effect is greater for firms that have more intensive business relationships with the CRAs, but weaker for firms with more transparent ESG disclosures or higher …

Corporate Disclosures For Green Supply Chains: Evidence From Scope 3 Emissions Disclosure, Young Jun Cho, Jungbae Kim, Holly I. Yang, Mengjie Yang

Research Collection School Of Accountancy

A firm's decision to initiate Scope 3 emissions disclosure not only reflects their sustainability efforts but also signals their commitment to decarbonizing its value chain, fostering collaboration among suppliers in promoting greener supply chains. Using a generalized difference-in-differences research design, we find that suppliers reduced greenhouse gas emissions following their customers’ initiation of Scope 3 emissions disclosures. This reduction in emissions is more pronounced when the supplier poses greater climate risk and when the customer has a greater need to restore public trust for its climate-related behavior. We also find that this effect varies with the strength of the customer-supplier …

One Hundred Years Of The U.S. Tax Court (1924-2024): An Examination Of The Tribunal, Its Judges, And Firms’ Involvement In Tax Litigation, Rolando Daniel Sanchez

Theses and Dissertations

This dissertation consists of three interrelated essays on the U.S. Tax Court. The first essay examines the institutional background of the U.S. Tax Court (formerly the Board of Tax Appeals), thereby framing its importance and history. Focused on the factors that gave rise to the Board of Tax Appeals, this essay begins by distilling prior histories and discussing the circumstances that birthed the institution. Next, the paper expounds on early proponents of the Board of Tax Appeals, such as the American Mining Congress and key individuals therein. Specifically, I propose strong influence for the formation of the Board of Tax …

Research On The Impact Of Firms' Perception Of Economic Policy Uncertainty On Their Digital Transformation, Fanwei Meng

Dissertations and Theses Collection (Open Access)

In an era characterized by globalization and digital advancement, economic policies play a critical role in the governmental regulation of economic activities. These policies are characterized by uncertainty due to a variety of internal and external factors, including international politics, economic cycles, and market fluctuations. The way firms, as microeconomic entities, perceive economic policy uncertainty (EPU) has a direct impact on their investment decisions and innovation activities. Nowadays, digital transformation has emerged as a vital strategy for firms seeking to enhance their competitiveness and adapt to evolving markets. However, digital transformation often comes with challenges, such as high input costs …

Navigating Market Volatility: Risk And Return Insights From Indian Mutual Funds, Davinder K. Malhotra, Rahul Singh, L. Ramani

School of Business Faculty Papers

This study evaluates Indian mutual funds using a variety of criteria, demonstrating a historical tendency of lower monthly returns and volatility when compared to benchmark indexes. This positive risk profile implies that it will appeal to investors who want stability. Despite COVID-19-induced market volatility, mutual funds persistently outperform benchmark indices in terms of average return per unit of risk, highlighting their potential as a dependable investment option for stability seekers. Furthermore, Indian mutual funds routinely beat benchmark indexes in risk-adjusted terms. Despite having a positive alpha, it lacked statistical significance, indicating a possible reliance on market volatility rather than managerial …

Multi-Sided Information Asymmetry In A Single Contract: Why Revocable Living Trusts Go To Court, James P. Wells

USF Tampa Graduate Theses and Dissertations

Revocable living trust documents (trusts) are among the most important documents created in contemporary estate planning. One of the trust’s objectives is to provide clear guidance to the trustees on how to carry out the grantor's intent. When a trust is contested in court, the objective of the trust has clearly failed. Consequently, understanding why trusts go to court and developing approaches that reduce or eliminate the number of trusts in our courts is an endeavor worthy of research and the primary objective of this research effort.

Ideally, with a clearly stated grantor’s intent and clearly executed interpretation of the …

Data Analytics Strategies For Management Accountants In Small And Medium Enterprises, Katty Nkeze Nkem

Walden Dissertations and Doctoral Studies

Data analytics has increasingly become vital in maintaining competitive advantage in the contemporary business environment. Small and medium enterprises (SMEs) have been among the top beneficiaries of data-driven decision-making processes; however, management accountant leaders often do not effectively use data analytics strategies for decision-making purposes to maintain a competitive advantage. Grounded in the diffusion of innovation theory and the technology acceptance model, the purpose of this qualitative pragmatic inquiry study was to explore data analytics strategies that SME management accountant leaders in Virginia use for decision-making purposes to maintain a competitive advantage. The participants were 12 SME management accountants and …

The Impact Of Cash Holding Decisions On Firm Performance In The It Industry, Jaeseong Lim, Bong Keun Jeong

Accounting

This study examines the relationship between corporate cash holdings and firm performance within the IT industry, which is characterized by intense competition and rapid technological advancements. We propose an integrated framework that combines principal component analysis (PCA), machine learning (ML) algorithms, and Shapley additive explanation (SHAP) values to estimate and interpret model outcomes. Based on 21,051 corporate financial statement data items from 2004 and 2023, the empirical evidence supports an inverted U-shaped relationship between cash holdings and profitability, suggesting that holding either too little or too much cash is suboptimal. Among the tested models, the random forest demonstrates the highest …

Applying Deep Learning To Detect Abnormal Event Log Traces: A Non-Rule-Based Framework, Yunsen Wang, Tiffany Chiu, Miklos A. Vasarhelyi

Department of Accounting and Finance Faculty Scholarship and Creative Works

Process mining is an efficient method that can analyze the full population of transactions using the event log of business processes. Conventional rule-based process mining techniques can detect anomalies; however, it tends to trigger a large number of false alarms. To improve the efficiency of anomaly detection using process mining, this study adopts a deep learning-based classification approach to detect anomalies in the traces of event logs. This approach contributes to the literature by proposing a non-rule-based process mining technique based on deep learning. Results demonstrate that the proposed non-rule-based process mining method can help auditors focus on transactional anomalies.

Politically Connected Firms And The Cash Flow Sensitivity Of Cash: International Evidence, Yuanto Kusnadi

Research Collection School Of Accountancy

This paper examines the role of political connections on the cash flow sensitivity of cash using a sample of international firms. The finding reveals that the cash flow sensitivity of cash is lower for politically connected firms than their non-connected counterparts, which is supportive of the precautionary motive of cash holdings. Further analyses reveal that the result is driven by political connections that are made through the directors of the firms and with members of parliament, as well as by differences in country-level institutional infrastructure. Overall, the empirical results corroborate that of previous studies on the relevance of the precautionary …