Business Commons^™

An Analysis Of The Relationship Between Study Styles And Demographics Across Multiple Accounting Class Levels, Savannah B. Hooper

Honors Theses

Approaches to learning are elemental to a student’s learning outcomes. Prior research indicates that accounting students with a deep learning approach have a more successful student learning outcome than do accounting students with a surface learning approach. Accounting accreditation and regulatory agencies have recommended that coursework be directed towards more critical thinking and real-life preparation of students. These characteristics are indicative of the deep learning approach. After ascertaining the learning approach adopted by introductory, intermediate, and advance accounting students at a public university with a main and satellite campus, this paper reports on demographic characteristics that may impact a student’s …

The Effects Of Tourism In Jamaica, Natalie Kearns

Honors Theses

Tourism is a fast and continuously growing industry throughout every region of the world. The effect that tourism has on a location usually isn’t the first thought when vacationers enter their destination location. In order to understand the effect of tourists and the tourist industry have had on Jamaica, I examined Jamaica’s historical development, including the tourist industry and the racial inequalities that developed as slaves were brought to the island. Then, using theories on place, identity, and authenticity, I conducted a content analysis of images tourists see while researching vacations to Jamaica.

This analysis confirmed that tourism to Jamaica …

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, 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, 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.

Royal Caribbean International: Financial Analysis And Recommendations, Reagan Huey

Honors Theses

Royal Caribbean Cruises, Ltd. is an international cruise line that is publically traded on the New York Stock Exchange. It is the second largest cruise line in the world, controlling five brands, 42 ships, and contracts for many more. Royal Caribbean also has part ownership of TUI Cruises and related assets through a 50 percent joint venture. Their headquarters are in Miami, Florida, but the company offers cruises to over 490 destinations in all seven continents. Departure points across the globe allow the company to reach nearly every existing market. Using a strategy of innovation and increasingly lavish offerings, Royal …

Occupational Fraud: A Survey, Elizabeth Carroll

Honors Theses

This paper examines the issue of occupation fraud in today's corporations. It provides an overview of the types of occupational fraud and how they usually occur. This paper also explains the attributes of the typical fraudster and describes warning signs that management should look out for in their company. It analyzes the regulations and polices put into place to combat the growing issue of fraud. It also provides a look at cyber-fraud, which is an increasing problem due to society's reliance on technology. It explains why fraud prevention is so important in corporations, whether small or large, and emphasizes the …

A Strategic And It Analysis Of Quirky And An Examination Of Business And Accounting Case Studies, Lisa-Marie Schalk

Honors Theses

The purpose of this secondary and primary research is not only to explore the concept of management and information technology consulting in the context of a startup up company based in New York called Quirky, but also to present the culmination of my participation in two accounting case study competitions, PricewaterhouseCoopers' xACT competition and KPMG's International Case Competition. After my secondary research on management and IT consulting and the role of IT in various functional areas such as human resources, supply chain management, and financial reporting, I present a brief background on Quirky, a startup company with the mission to …

Strategic Planning In Real Estate Investment Trust, Xinyi Long

Honors Theses

This paper investigates various strategic planning models and then applies the models to the strategic planning process for a Real Estate Investment Trust (REIT). Several strategic models covered in this paper include Basic Strategic Planning Model, Issue-Based Strategic Planning Model, Kepner-Tregoe Matrix Model, and the Impact Analysis Model. Next, I discuss the roles of different functional areas within a REIT with respect to strategic planning. After fully analyzing these strategic models and the roles of various functional areas, I choose a REIT (AmREIT, Inc.) and perform a SWOT analysis to identify four issues facing this REIT. These four issues are …

Fraud And Its Relation To The Hospitality Industry, Nicole Ross

Honors Theses

The purpose of this study is to analyze and explore the numerous components of fraud, including its relation and presence in the hospitality industry. Additionally, the study contains findings and analyses derived from participation in a professional development series conducted in a classroom setting and two accounting case studies hosted by PricewaterhouseCoopers and KMPG in Fall 2013. I will dissect fraud down to its various elements and compile a work plan and proposal originating from the findings from the study. The study examines the causes of fraud, people who commit fraud, fraud legislation, and fraud trends. Through primary and secondary …

Corporate Social Responsibility: Do Companies Have Consciences?, Rachel Victoria Nieters

Honors Theses

The first part of this thesis is a report that provides information on a wide variety of topics pertaining to Corporate Social Responsibility (CSR), particularly those that would be of interest to the accounting industry. All information in this report was gathered through review of research already done by prominent persons and entities in the CSR field. CSR is a combination of both environmental and social factors. In addition to government initiative support, there are a multitude of inherent benefits of CSR, as well as benefits that can only be gained through good CSR marketing. There are also costs, which …

An Analysis Of Corporate Social Responsibility And Corporate Social Responsibility Reporting, Anna Claire Wammack

Honors Theses

The purpose of this thesis is to present an overview of corporate social responsibility (CSR) and CSR reporting. The research done in preparation of this report was done by reviewing articles and professional reports and surveys on the topic of CSR. The report defines CSR and examines several surveys of businesses to see what the current CSR trends are. Next, government initiatives and expenditures related to CSR are described and quantified. The report continues by describing the benefits and format of CSR reporting and attestation. Other areas of business and CSR are studied such as CSR investing and consulting. Lastly, …

A Study Of Earnings Managent And Financial Statement Reporting Issues Surroding Public Traded Corporations, Juntao Wu

Honors Theses

The purpose of this paper is to study some publicly traded companies' financial reporting systems. I chose four companies in different industries to conduct a series of analyses and evaluations. In Section One, the quality of these companies' financial reporting systems is carefully examined and evaluated. First, I discuss some potential earnings management strategies that managers from different departments tend to adopt. Next, some of the chosen companies' important policies, such as revenue recognition, are compared with industrial standards or relevant policies from competitors. In addition, earnings management and financial reporting issues that relate to income taxes are discussed separately. …

The Ethicality And Financial Impact Of Paying Collegiate Athletes, Keaton J. Vann

Honors Theses

The purpose of this study is to explain why collegiate athletes should be paid and the financial impact of paying them. The study looks at how the NCAA's student-athlete model has exploited collegiate athletes and denied them from receiving a share of the revenues they generate each year. It includes the reasons for paying players, and the troubles athletes go through because of the way the NCAA is orchestrated. The goal is to determine the financial effect of paying athletes across the NCAA, as well as by divisions and conferences. Additionally, the financial statements of the NCAA and some of …