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Full-Text Articles in Business
The Effects Of Repealing The Estate Tax And Reducing The Corporate Tax Rate Coupled With A Repatriation Act, Trenton Vanderlende
The Effects Of Repealing The Estate Tax And Reducing The Corporate Tax Rate Coupled With A Repatriation Act, Trenton Vanderlende
Honors Theses
Given that significant U.S. federal tax reform is taking place for the first time in over 30 years, this paper examines how changing specific tax provisions may affect the average individual taxpayer as well as the wealthiest 1% of Americans. Three potential federal tax law changes are addressed: repealing the estate tax, reducing the corporate statutory income tax rate, and offering a repatriation holiday for remitting the foreign profits earned by U.S. businesses. These changes are analyzed using publicly available data from U.S. Congressional hearings, the Bureau of Economic Analysis (BEA), and the Internal Revenue Service (IRS). Based on this …
A Case Study On Inventory Costing Methods, Natalie Hunton
A Case Study On Inventory Costing Methods, Natalie Hunton
Honors Theses
Firms use costing methods to determine the price of a product and to analyze the efficiency of resource consumption. These methods often comply with the external financial reporting rules set forth by the U.S. Generally Accepted Accounting Principles (GAAP), which require all manufacturing costs, including overhead, to be assigned to goods in inventory for costing purposes. However, firms can internally use alternative costing methods that do not comply with GAAP. The purpose of this case study is to understand and evaluate the costing method currently employed by a company in the Dayton, OH area1, and identify the most beneficial costing …
The Entrepreneurial Philanthropist: Can It B?, Abby M. Kinnard
The Entrepreneurial Philanthropist: Can It B?, Abby M. Kinnard
Honors Theses
The corporate culture is constantly shifting and with change comes the need to reexamine the priorities of a company. Social responsibility is no optional for companies and with the help of Benefit Corporations and B Corps the Entrepreneurial Philanthropist can be.
Ifrs In Higher Education: An Exploratory Study, Joshua A. Kalifeh
Ifrs In Higher Education: An Exploratory Study, Joshua A. Kalifeh
Honors Theses
Globalization of capital markets and technological advances enhancing global communications has led to the need for a set of international accounting standards. Comparability among financial statements prepared by numerous accounting standards depending upon the regulations of the country in which these statements are prepared is seriously impaired. Accordingly, serious convergence efforts have been made for the last few decades. Accordingly, higher education in the United States must reflect these changes in accounting curriculum available to students entering this environment. This exploratory study presents evidence that progress is being made in institutions. The progress, however, is not spread equally among the …
The Internal Revenue Code: A Burden For Taxpayers Or An Instrument For Social Change?, Heather N. Murray
The Internal Revenue Code: A Burden For Taxpayers Or An Instrument For Social Change?, Heather N. Murray
Honors Theses
Social engineering in the tax code has been evident from the beginning of the U.S. tax history. Today, it is as much as ever a part of the fabric of the tax codification, but there is very little research that investigates 1) how social engineering plays a role in the creation of new tax law, and 2) whether tax law is effective in altering taxpayer behavior. This paper streamlines the history of social engineering in the most popular revenue-reducing measures and analyzes how they've affected the U.S. taxpayer, with notes on future policy implications.
Accounting For Change: Assessing Top-Line Implications Of New Revenue Recognition Principles, Kevin M. Wargo
Accounting For Change: Assessing Top-Line Implications Of New Revenue Recognition Principles, Kevin M. Wargo
Honors Theses
The impending implementation of new FASB guidance regarding the practice of revenue recognition will presumably alter the periodic presentation of top-line business performance. In anticipation of these impacts, this study seeks to isolate contractual business relationships within the automotive supply chain industry in order to illuminate certain changes and make financial statement users aware that corresponding adjustments may have to be made to their perception of revenue results. By outlining the differences between new and historical U.S. GAAP, and applying the anticipated quantitative effects of such shifts within a propositional study, I seek to produce conclusions that investors and analysts …
Case Analyses Of Standard Accounting Practices, Warren N. Ball
Case Analyses Of Standard Accounting Practices, Warren N. Ball
Honors Theses
The completion of this thesis is due mostly in thanks to ACCY 420, a class designed by the Patterson School of Accountancy and taught by Dr. Victoria Dickinson that gives accounting students a structured process for designing their theses on purposeful accounting topics. During my Junior and Senior years, there was a whirlwind of activity surrounding accounting students: accounting classes step into a new realm of difficulty, internship recruiting begins, and eventually my peers and I departed for multi-month internships. All of that activity left us with far less time to work on our theses than students in other academic …
Interpretations And Implementations Of Various Accounting Standards, Hannah Claire Farmer
Interpretations And Implementations Of Various Accounting Standards, Hannah Claire Farmer
Honors Theses
This thesis examines how to interpret and implement a variety of accounting standards. By using a variety of accounting cases, I have researched the issue at hand to determine the proper accounting standard that provides guidance on the way the issue must be treated. In some of these cases, such as the tax case, the guidance regarding the treatment of the tax percentages is very loose. In instances such as these, there may be several answers to the problem at hand. However, in many other cases, the guidance that accompanies the standards relating to the case are very straight-forward and …
Analysis Of Financial Accounting Methodologies And Applications, Kate Culbertson
Analysis Of Financial Accounting Methodologies And Applications, Kate Culbertson
Honors Theses
This thesis consists of a series of case studies on various areas of financial accounting. The areas of financial accounting discussed include inventory valuation, relevant income and assets, statement of cash flows, accounts receivable and estimations, inventory and revenue recognition, depreciation, international accounting standards, long-term debt, stockholders' equity, securities, income and regulation, deferred taxes, and pension and retirement plans. In the financial accounting case on inventory valuation, two companies' financial statement values were analyzed through evaluating the related balance sheets and income statements to determine which company would be a better investment. Through ratio analysis related to profitability and liquidity …
The Financial Analysis And The Application Of U.S. Gaap Principles, Lauren Vonder Haar
The Financial Analysis And The Application Of U.S. Gaap Principles, Lauren Vonder Haar
Honors Theses
This thesis follows eleven case studies examining various accounts of U.S. GAAP financial statements. Each case study represents a specific area of the financial statements, and each case uses a different company to analyze the accounts. Through the cases, commonly misstated items are explored. The purpose of this thesis is to determine the proper U.S. GAAP treatment of these items. The thesis explores all areas of the financial statements including accounts from both the income statement and balance sheet. The thesis was written during the Honors Accy 420 class during the academic year 2015-2016. The class allowed me to gain …
An Investigation Of Financial Accounting Statements And Reporting Techniques, Rachel A. May
An Investigation Of Financial Accounting Statements And Reporting Techniques, Rachel A. May
Honors Theses
The following report includes solutions to a series of financial reporting case studies completed in fulfillment of the requirements of the honors ACCY 420 course at the University of Mississippi from the fall of 2015 through the spring of 2016. Each case examines various accounting topics and principles using a company's financial statements. Each topic was thoroughly researched as assigned. Included in each case is an analysis of each company and its financial stability along with various mathematical calculations to better understand each situation. As the cases progress, the accounting topics become more advanced. Topics range from generic financial accounting …
A Comprehensive Review Of Accounting Through Case Studies, William O'Keefe
A Comprehensive Review Of Accounting Through Case Studies, William O'Keefe
Honors Theses
The following collection of case studies serves as an overview of important concepts in financial reporting. Every publicly traded company is subject to the same financial accounting standards, meaning these concepts have important real-world applications. The goal of this thesis was to investigate further into the specifics of these concepts to gain a better understanding of their impact on the decision-making processes of these companies. The standards that these companies must follow are not uniformly applied to all companies, so the majority of accountants' work comes from assuring that each company's subjective interpretation of the standards is appropriate. The end …
Protecting The Whistleblower: An Evolving Understanding Of The Role Of The Whistleblower, Alan Harrington
Protecting The Whistleblower: An Evolving Understanding Of The Role Of The Whistleblower, Alan Harrington
Honors Theses
This thesis will provide a background for whistleblower protection policies and explore the evolution of whistleblower protection policies in the United States in relation to publicly traded companies.
A Comprehensive Analysis Of Corporate Financial Information Through Integrated Case Studies, Tanner West
A Comprehensive Analysis Of Corporate Financial Information Through Integrated Case Studies, Tanner West
Honors Theses
This report is an analysis of thirteen case studies concerning various topics in accounting. The purpose of this report is to analyze, explain, and evaluate specific concepts in accounting through the thirteen case studies. These case studies were prepared over the course of the 2015-2016 academic year through the ACCY 420 honors course. Accounting concepts covered throughout the cases include: pensions, tax research, financial reporting, and long-term liabilities. Each case study includes the executive summary, the questions responses, and additional calculations. Some case studies are about real world companies while others involve fictional companies and accounting scenarios. The ultimate goal …
A Compilation Of Accounting Title Studies, William K. Dossett
A Compilation Of Accounting Title Studies, William K. Dossett
Honors Theses
The purpose of this paper is to investigate a broad range of accounting topics and issues that are areas of complexity in the accounting profession. Through the course of a year in the independent study course, our class, led by Doctor Dickinson, delved into these topics to further our understanding of them. Each case covered a different topic, and, concerning the matter that we researched, we produced a report. Pertaining to each report, please consult the school archives for the Honors Accounting class for any necessary materials. After completing this thesis, our class has developed an understanding for these accounting …
An Analysis Of Cases In Financial Accounting, Charles L. Barraza
An Analysis Of Cases In Financial Accounting, Charles L. Barraza
Honors Theses
The following thesis consists of solutions to a series of case studies in financial accounting that were completed in fulfillment of the requirements of the ACCY 420 course at the University of Mississippi for the fall and spring semester for the 2015/2016 academic year. The thirteen case studies each focus on a separate area of financial accounting and aid in the comprehension and analysis of different accounting topics, such as revenue recognition and depreciation expense. The cases were formatted as a series of questions to a specific scenario. Included are answers consisting of accounting financial statements, journal entries, calculations, and …
Research And Analysis Of Selected Financial Reporting Topics, Edward Donelson Lake
Research And Analysis Of Selected Financial Reporting Topics, Edward Donelson Lake
Honors Theses
Throughout the 2015-2016 school year, I completed several different cases within the realm of financial reporting and accounting. The purpose of this research was not only to familiarize myself with financial reporting methods but also to take a deep dive into the intricacies of financial statements. Thus, this thesis paper will look vastly different than most theses submitted to the Honors College, for it covers a broad range of topics rather than honing in on just one area. The cases range from private companies to public companies, some domestic and some international. Throughout my research, one will find that any …
A Discussion Of Thirteen Financial Accounting Topics, Jordan Barr
A Discussion Of Thirteen Financial Accounting Topics, Jordan Barr
Honors Theses
The purpose of this paper is to investigate thirteen different financial reporting topics and principles using specific scenarios that have been presented in a case study. These topics include the effects of different U.S. GAAP reporting options, the calculation of return on net operating assets, the statement of cash flows, the treatment of accounts receivable, U.S. GAAP policies, the effects of depreciation expense, contingencies, long-term debt, common stock, the treatment of investments, revenue recognition, the effects of deferred income taxes, and retirement obligations. Each case study introduces a company (or multiple companies) that exemplifies the topic for analysis. Then, several …
Analysis Of Financial Accounting Techniques And Applications, Joseph Lascara
Analysis Of Financial Accounting Techniques And Applications, Joseph Lascara
Honors Theses
This thesis sets to examine the core accounting principles in financial accounting and apply those principles to companies' financial statements and 10-K's. Starting from simple transactions and adjusting entries, each topic moves through the financial statements and applies them to different companies. The second half examines more advanced accounting topics such as pensions and the buying and selling of securities. Among each section is also a thorough set of figures that highlight specific journal entries, data, or calculations to enhance the understanding of these topics. Each topic was researched through various case examinations relating to a particular area of financial …
Analysis Of Financial Accounting Procedures And Applications, Mary Stewart Hurst
Analysis Of Financial Accounting Procedures And Applications, Mary Stewart Hurst
Honors Theses
This thesis is a compilation of accounting problems in an exploration of core accounting principles. Each case is a unique illustration of one of these financial accounting concepts and is an application of the principles and procedures associated with it. Within each case there is an executive summary describing the situation outlined in the case, the most important procedures used to solve the problem, and the ultimate outcome of the case. Following the executive summary is an appendix in which many specific questions were addressed. Additionally, within the appendices are included many figures, including journal entries, calculations, comparisons, and financial …
Financial Reporting: An Analysis Of Accounting Methods And Principles, Nathan C. Mccall
Financial Reporting: An Analysis Of Accounting Methods And Principles, Nathan C. Mccall
Honors Theses
This paper is a compilation of several analyses of various accounting methods and practices. Each chapter takes a different area of accounting and uses a well-known company to explain the theory behind a specific method or area of accounting. Through reference to these companies, the paper attempts to simplify some complex accounting processes. The real business examples help illustrate these concepts in a reader friendly format. The goal of this paper is to convey basic accounting principles to those without prior knowledge in accounting, allowing them to grasp the main concepts and understand the theory behind the standards of this …
The Practical Application Of The United States Accounting Codification, Parker Durham
The Practical Application Of The United States Accounting Codification, Parker Durham
Honors Theses
The United States Accounting Standards Codification is the source of the Generally Accepted Accounting Principles, or GAAP, that all publically traded U.S. companies and many private companies adhere to. This thesis concerns the United States Accounting Codification and how it is applied to real-life scenarios derived from various business activities. These different scenarios were provided by Dr. Victoria Dickinson in a series of twelve different case studies and covered numerous areas of financial reporting. This thesis is the compilation of the solutions to those case studies and has been verified to be in accordance with Generally Accepted Accounting Principles. Numerous …
Gaap: An Analytical Study Of Financial Accounting Standards, William Mayo
Gaap: An Analytical Study Of Financial Accounting Standards, William Mayo
Honors Theses
This thesis is comprised of a series of case studies covering various principles and standards of financial accounting. The thesis was created throughout a single academic year and the case studies are ordered to follow the basic elements of a balance sheet. These case studies include financial statement analysis, income and asset ratios, statement of cash flows, accounts receivable, revenue and inventory recognition, depreciation and fraud, GAAP standards compared to IFRS standards, debt, stockholders' equity, securities, revenue growth and regulatory issues, tax liabilities, and pensions and retirement plans. The purpose of this thesis format is to provide analysis for and …