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Infotech Update, Volume 14, Number 4, July/August 2005, American Institute Of Certified Public Accountants. Information Technology Section

Newsletters

No abstract provided.

Planner, Volume 20, Number 4, July-August 2005, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Practicing Cpa, Vol. 29 No. 6, July/August 2005, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Full-Time Faculty Salaries By College By Rank & By Gender, Wku Faculty Senate

Faculty Senate

Report of full-time faculty salaries by college by rank and by gender for FY 2005-2006.

An Empirical Investigation To Detect The Presence Of Confirmation Bias In The Decision-Making Strategies Used By Litigants In Tax Court Memorandum Cases, Mary M. Anderson

Doctoral Dissertations

Normative decision theory describes the judgment and decision-making process as a cost/benefit analysis based upon maximum utility. One assumption of the theory is full rationality for choices made throughout the process. Due to bounded rationality, however, mental shortcuts become necessary. Use of these shortcuts does not necessarily diminish the quality of the decision. However, a suboptimal use of a heuristic results in a biased decision.

Kahneman and Tversky (1979) identify three basic heuristics: availability, representativeness, and anchoring and adjusting. One suboptimal use of the anchoring and adjusting heuristic, confirmation bias, is the unconscious search for and evaluation of information that …

How Groups Produce Higher-Quality Balanced Scorecards Than Individuals, S. B. Hughes, Craig B. Caldwell, Kathy A. Paulson Gjerde, Pam Rouse

Scholarship and Professional Work - Business

Many articles explain how to develop a balanced score card using groups, but the literature provides little insight about why groups are important. We gathered data from 12 groups involved in developing balanced score cards to determine how they use information suggested by their members. We found that the groups "filter" individual members' poor ideas and "carry through" their worthy ideas to the group score card--although not all poor ideas are filtered and not all good ideas are carried forward. We also found some evidence that groups create innovative ideas but to a lesser extent than filtering and carrying through …

Update On Peer Review Transparency, July 2005., American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Cpas As Cfos: Why You Should Have A Cpa In Your C-Suite (White Paper July 2005), American Institute Of Certified Public Accountants, Business And Industry Executive Committee.

Guides, Handbooks and Manuals

No abstract provided.

Valuation Effects Of Earnings Restatements Due To Accounting Irregularities, Tan Xu

Theses and Dissertations in Business Administration

This dissertation studies three financial topics using earnings restatement data. In the first topic, we discriminate between the market efficiency hypothesis and the underreaction hypothesis by examining their predictions on the stock performance of restating firms in the post-announcement period. Three approaches are used, namely, the cumulative abnormal return (CAR), buy-and-hold abnormal return (BHAR), and calendar time portfolio approaches. Consistent with the market efficiency hypothesis, we do not find significant abnormal performance in the post-restatement period. In the second topic, we test the extrapolation model (LSV, 1994) by examining the relationship between stock price reaction to earnings restatement and the …

Proposed Regulations On Roth 401(K) Plans, Thomas J. Purcell Iii, American Institute Of Certified Public Accountants. Tax Executive Committee

Examinations and Study

No abstract provided.

Cbt Volume Task Force Report To State Boards Of Accountancy, June 28, 2005., American Institute Of Certified Public Accountants (Aicpa), Thomson Prometric, National Association Of State Boards Of Accountancy

Examinations and Study

No abstract provided.

Aicpa Endorses Bill To Allow Small Businesses To Extend Benefits To Employees: Applauds Senator Olympia Snow's Introduction Of S. 723., American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Aicpa Endorses Bill To Allow Small Businesses To Extend Benefits To Employees: Applauds Senator Olympia Snow's Introduction Of S. 723., American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Comments On S. 723, The Simple Cafeteria Plan Act Of 2005., Thomas J. Purcell Iii, American Institute Of Certified Public Accountants. Tax Executive Committee

Guides, Handbooks and Manuals

No abstract provided.

Omnibus Proposal Of Professional Ethics Division Interpretations And Rulings, June 17, 2005; Exposure Draft (American Institute Of Certified Public Accountants), 2005, June 17, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

PROPOSED ETHICS RULING NO. 113 UNDER RULE 102: Acceptance or Offering of Gifts or Entertainment . PROPOSED ETHICS RULING NO. 114 UNDER RULE 101: Acceptance or Offering of Gifts and Entertainment to or From an Attest Client . PROPOSED DELETION OF ETHICS RULING NO. 1 UNDER RULE 101: Acceptance of a Gift. PROPOSED REVISION TO INTERPRETATION 501-1 UNDER RULE 501: Requests for Records or Other Documents by Clients Retention of Client Records. PROPOSED REVISION OF ETHICS RULING NO. 189 UNDER RULE 501: Requests for Client Records and Supporting Documents Other Information.

Aicpa Publishes Audit Committee Toolkit For Not-For-Profit Organizations: Newest Resource Of Audit Committee Effectivess Center., American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Comment Letters To Amendment To Due Professional Care In The Performance Of Work Of Sas No. 1, Codification Of Auditing Standards And Procedures. 2005, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Comments On The Interagency Advisory On The Unsafe And Unsound Use Of Limitation Of Liability Provisions And Certain Alternative Dispute Resolution Provisions In External Audit Engagement Letters., Bruce Webb, Carol Larson

Guides, Handbooks and Manuals

No abstract provided.

Rev. Proc. 2005-24 Regarding Guidance On Spousal Election Rights And Charitable Remainder Trusts Under Irc Section 664., Thomas J. Purcell Iii, American Institute Of Certified Public Accountants. Tax Executive Committee

Guides, Handbooks and Manuals

No abstract provided.

Cpa Client Bulletin, June 2005, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Cpa Client Tax Letter, July/August/September 2005, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

The Effect Of Regulation On Statement Disclosures In The 1915 Moody's Manuals, Jeffrey Archambault, Marie E. Archambault

Accounting Faculty Research

United States firms in the early 20th century were subject to public and private regulation. Forms of regulation included rate regulation and stock exchange listing requirements. These regulations created incentives to report income statement information. This study utilizes the 1915 Moody’s Analyses of Investments to test whether regulated firms in the United States reported more income statement information than unregulated firms. Rate regulation influenced utilities to report income statements more frequently than industrial companies.

Stock market listing requirements also influenced the reporting of income statements. Therefore, the results indicate that both public and private regulations influenced financial reporting in the …

Practicing Cpa, Vol. 29 No. 5, June 2005, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Acsec Update, Volume 9, Number 1 June 2005, American Institute Of Certified Public Accountants. Accounting Standards Executive Committee

Newsletters

No abstract provided.

Pricing Of Seasoned Equity Offers And Earnings Management, Yongtae Kim, Myung Seok Park

Accounting

This study examines the relationship between earnings management by firms offering seasoned equity issues and the pricing of their offers. We hypothesize that seasoned equity offering (SEO) firms employing aggressive accounting decisions also more aggressively push up their offer prices, thereby leading to a decrease in the degree of underpricing. Consistent with our prediction (the issuer's greed hypothesis), evidence indicates that SEO firms making opportunistic accounting decisions issue new shares at inflated prices. Our findings remain robust after controlling for other determinants of SEO underpricing and the possible endogeneity of pricing and earnings management.

Aicpa Business And Industry Economic Outlook Survey, June 2005: Summary Of Survey Results, American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Cpas' Perceptions Of The Impact Of Sas 99, Donald C. Marczewski, Michael D. Akers

Accounting Faculty Research and Publications

In November 2002, the Auditing Standards Board (ASB) issued Statement on Auditing Standard 99, Consideration of Fraud in a Financial Statement Audit. Although SAS 99 was developed before the recent accounting scandals, its release came in their wake. The ASB crafted SAS 99 in response to perceived inadequacies in its predecessor, SAS 82. A questionnaire was sent to a random sample of 300 Wisconsin CPAs selected from the membership of the Wisconsin Institute of CPAs, which included 150 partners and 150 managers from Wisconsin public accounting firms. The response rate was 35%, with an almost equal balance of partners and …

Seek Ways To Minimize The Mushrooming Alternative Minimum Tax, James Trebby, George Kutner

Accounting Faculty Research and Publications

The alternative minimum tax (AMT) is reaching a broader segment of individuals. Yet, many of these taxpayers are not aware of the implications of this tax. Even worse, some of their tax advisors are not as informed as they should be. By identifying items that trigger the individual AMT, taxpayers and their advisors have greater opportunities to develop strategies to avoid the special tax. The AMT is essentially a parallel tax system that involves a separate tax calculation from the regular income tax. The AMT calculation is then compared to the income tax figured under the normal manner. The taxpayer …

Aicpa Technical Practice Aids, As Of June 1, 2005, Volume 1, American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Aicpa Technical Practice Aids, As Of June 1, 2005, Volume 2, American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.