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Full-Text Articles in Business
The Effect Of An Auditor Identity Disclosure Requirement On Audit Quality: An Experimental Examination Incorporating The Incremental Effect Of A Signature Requirement, Allen D. Blay, Eric S. Gooden, Mark J. Mellon, Douglas E. Stevens
The Effect Of An Auditor Identity Disclosure Requirement On Audit Quality: An Experimental Examination Incorporating The Incremental Effect Of A Signature Requirement, Allen D. Blay, Eric S. Gooden, Mark J. Mellon, Douglas E. Stevens
Accountancy Faculty Publications and Presentations
After considering a proposal to require the engagement partner’s signature on the audit report (PCAOB 2009), the Public Company Accounting Oversight Board chose instead to only require the disclosure of the engagement partner’s name (PCAOB 2015). This choice was made, however, with little supporting theory or empirical evidence. We make predictions regarding the behavioral effects of the two proposed requirements using insights from social norm activation theory, and test those predictions using an experimental audit market setting found in the literature. We find that both requirements reduce misreporting in the audit report compared to a control setting with neither requirement …
Real Tax Reform: An Efficient, Equitable, And Simple Plan In The U.S., Janet Mosebach, Michael Mosebach
Real Tax Reform: An Efficient, Equitable, And Simple Plan In The U.S., Janet Mosebach, Michael Mosebach
Accountancy Faculty Publications and Presentations
This paper presents real tax reform that is not only efficient, equitable, and simple but revenue neutral. It also removes a significant amount of double taxation from the individual taxpayer. The underlying premise is that businesses do not actually “pay” income taxes but pass them on to the consumer. Our plan consists of eliminating all federal income taxation of individuals and changing business taxation from a tax computed on taxable income to a tax based on total audited revenue. After computing the combined amount of federal tax currently collected from individuals and all forms of businesses, we develop a revenue-based …