Business Commons^™

Daung Well By Daung Good, Leon Qiu, Singapore Management University

Perspectives@SMU

Leon Qiu started microfinance lending startup Daung Capital to help the unbanked in Myanmar. Can he adequately help the farmers there?

Fabrication Runtime Decision For A Hybrid System Incorporating Probabilistic Breakdowns, Scrap, And Overtime, Yuan Shyi Peter Chiu, Yunsen Wang, Tsu Ming Yeh, Singa Wang Chiu

Department of Accounting and Finance Faculty Scholarship and Creative Works

Manufacturers today need to optimize their fabrication runtime decision by meeting short customer order due dates externally and managing the potentially unreliable machines and manufacturing processes internally. Outsourcing and overtime are commonly utilized strategies to expedite fabricating time. Additionally, detailed analyses and necessary actions on inevitable product defects (i.e., removal of scraps) and equipment breakdowns (such as machine repairing) are prerequisites to fabrication runtime planning. Motivated by assisting today’s manufacturers decide the best batch runtime plan under the situations mentioned above, this study applies mathematical modeling to a hybrid fabrication problem that incorporates partial overtime and outsourcing, inevitable product defects, …

Inquiries Of The Predecessor Auditor Regarding Fraud And Noncompliance With Laws And Regulations; Statement On Auditing Standards, 147 (June 2022), American Institute Of Certified Public Accountants. Auditing Standards Board

Statements on Auditing Standards

No abstract provided.

Quality Management For An Engagement Conducted In Accordance With Generally Accepted Auditing Standards; Statement On Auditing Standards, 146 June 2022), American Institute Of Certified Public Accountants. Auditing Standards Board

Statements on Auditing Standards

No abstract provided.

Economic Policy Uncertainty And Non-Gaap Reporting, Ryan H. Wynne

Dissertations, Theses, and Capstone Projects

This study investigates the impact of economic policy uncertainty (EPU) on non-GAAP reporting. Prior research documents that numerous factors influence the frequency and quality of non-GAAP earnings disclosures, but the expected association between EPU and non-GAAP reporting is unclear. On the one hand, greater EPU may increase investor demand for additional financial information, while on the other hand, more EPU may lead to less non-GAAP disclosure by making core or recurring earnings more difficult to predict. Additionally, greater EPU may provide increased opportunity for managers to use non-GAAP reporting to mislead investors. I document a significantly positive association, on average, …

Aicpa Professional Standards As Of June 1, 2018, Volume 2: Statements Of Position — Auditing And Attestation, Statement Of Position — Accounting, Accounting And Review Services, Accounting And Review Services (Clarified), Code Of Professional Conduct, Bylaws, Valuation Services, Consulting Services, Quality Control, Peer Review, Tax Services, Personal Financial Planning, Continuing Professional Education, American Institute Of Certified Public Accountants (Aicpa)

AICPA Professional Standards

No abstract provided.

Quality Management For An Engagement Conducted In Accordance With Statements On Standards For Accounting And Review Services; Statement On Standards For Accounting And Review Services 26 (June 2022), American Institute Of Certified Public Accountants. Accounting And Review Services Committee

AICPA Professional Standards

No abstract provided.

Firm’S System Of Quality Management; Statement On Quality Management Standards 1 (June 2022), American Institute Of Certified Public Accountants. Auditing Standards Board

AICPA Professional Standards

No abstract provided.

Engagement Quality Reviews (Aicpa, Professional Standards, Qm Sec. 20); Statement On Quality Management Standards 2 (June 2022), American Institute Of Certified Public Accountants. Auditing Standards Board

AICPA Professional Standards

No abstract provided.

Managerial Trustworthiness And Buybacks, Sterling Huang, Kaisa Snellman, Theo Vermaelen

Research Collection School Of Accountancy

CEO trustworthiness is positively related to long-term excess returns after buyback announcements. When the CEO is trustworthy, statements that the stock is undervalued are more credible. CEO trustworthiness is initially measured by the extent to which people in the county where the company headquarters is located trust each other. Further, the positive impact of trustworthiness on excess returns is higher when the CEO has been a long-term resident of a high-trust county, and correspondingly, trustworthy CEOs are less likely to be accused of financial misreporting. Our conclusions are confirmed when we use alternative measures of trustworthiness such as employee trust …

Short Interest And Corporate Investment: Evidence From Supply Chain Partners, Xia Chen, Guojin Gong, Shuqing Luo

Research Collection School Of Accountancy

Short interest contains valuable information about a firm’s business fundamentals. We investigate whether such information affects business partners’ real investment decisions in the supply-chain setting. We predict and find that a supplier’s future investments (including inventory, R&D, and tangible asset investments) decrease with its customer’s current short interest. This negative relation is stronger when the supplier faces greater difficulty in assessing its customer’s business fundamentals and when short interest is more likely to indicate longlasting deterioration in the customer’s fundamentals. Additional analysis does not support the alternative explanation that the supplier adjusts investments in response to unfavorable information obtained via …

Active Independent Directors And Earnings Quality, Yuanto Kusnadi, Bin Srinidhi

Research Collection School Of Accountancy

We examine the relationship between active independent directors and earnings quality for U.S. firms. We construct measures that proxy for activeness of independent directors and find that the proportion of active independent directors is under half on average. Our finding shows that earnings quality increases with the percentage of active independent directors on the board. Once the active independent directors are separated out, the other independent directors do not have any effect on earnings quality. This finding supports the hypothesis that the activeness of independent directors is incrementally significant over just the proportion of independent directors for the quality of …

Can Financialization Save Nature? The Case Of Endangered Species, Diane-Laure Arjalies, Delphine Gibassier

Business Publications

The current biodiversity loss is dramatic. Over the past 50 years, more than 68% of the mammals, birds, amphibians, reptiles, and fish on earth have disappeared, putting the planet's survival and its inhabitants – including human beings – at risk (WWF, 2020). Financialization, or the transformation of nature into financial assets, is increasingly proposed as a solution to the biodiversity crisis. Proponents of financialization believe that assigning a monetary value to nature will incentivize human beings to protect habitats and their species. This article offers a four-mechanism model of nature’s financialization, explaining why it is virtually impossible to financialize nature. …

Impact Of Corporate Social Responsibility Practices On Financial Performance: Evidence From Selected Mena Region Commercial Banks, Rasha Mohamad Mahboub, Lynn Imad Fawaz

BAU Journal - Creative Sustainable Development

Nowadays, corporations are being held accountable for their actions that affect their surroundings. Thus, corporate social responsibility (CSR) has been integrated in their business models, which can impact their financial performances (FP). Previous researches regarding the relationship between CSR and FP have yielded mixed results. Thus, this research aims at identifying the impact of CSR practices in the environment (ENV), human resources (HR), products and consumers (PC) and community involvement (CI) on FP of 81 commercial banks operating in selected MENA countries for the year 2018. Data were gathered from CSR report and annual report for each bank. The multiple …

Factors Affecting Accounting Students’ Performance At University In Lebanon, Rasha Mohamad Mahboub

BAU Journal - Creative Sustainable Development

Factors affecting students' performance (SP) have been the topic of continuing discussion among academics, instructors, and policy - makers. There have been several research that tried to investigate this subject; however; most of those research have concentrated on SP in America and Europe. Though, since cultural dissimilarities might have a function in determining the factors that influence SP, it is extremely vital to investigate those factors to the Lebanese society. The purpose of this research is to investigate the factors affecting accounting SP at the faculty of business administration at Beirut Arab University (BAU) in Lebanon. To achieve this, a …

Non-Profit Accounting And Financial Strategies For The Exponential Age, Nathan A. Judd

Honors Projects

This research project was designed to introduce the current state of digital assets with all of its potential risks and rewards within the non-profit business sector. Non-profit organizations receive donations constantly, but what happens when an individual gives a digital asset such as Bitcoin to the non-profit? The answer is quite complicated from an accounting and strategic business approach but will be unpacked and reviewed. Other nonprofit topics included are the exponential network effects for digital assets, official FASB accounting regulation treatments for digital assets, taxation documentation from the IRS regarding digital assets, and potential implementation strategies to consider.

The Effect Of Management’S Focus On Sasb Measures On Financial Performance: A Study Of The Health Care Supply Chain Sector, James C. Morell

College of Business Theses and Dissertations

Publicly traded companies are coming under increasing pressure from investors and the media to demonstrate their commitment to Environmental, Social, and Governance (ESG) sustainability, and there are many ESG models competing for the attention of the board and senior management team (Burke, 2020, Fatemi, 2017, and Jebe, 2019). In response to this pressure the Sustainability Accounting Standards Board (SASB) has prepared a “Directors’ Guide to the SASB Standards” for eleven industries (Value Reporting Foundation, 2021). The objective of this study was to provide evidence to support the Sustainability Accounting Standards Board’s claim that organizational adoption and strategic focus on its …

Open Meeting Minutes — May 17, 2022, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Open Meeting Agenda, May 17, 2022, Virtual, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Spring/Summer 2022

Business Exchange

Business Education Reimagined; Scholarship Honors Legacy of Professor Sandra Shelton; Revised Bachelor’s in Business Degree Curriculum Debuts This Fall; School of Accountancy & MIS Names New Director; Sulin Ba Appointed Driehaus College of Business Dean; Real-World Consulting Projects Prepare Students for Careers; Alumnus Brian Ruben: “Paying It Forward Is the DePaul Way”

A More Efficient And Effective Objective Measure Of Financial Disclosure Quality: Omissions Of Seven Key Financial Statement Variables, Ying Zhang

Dissertations - ALL

This dissertation research includes three Chapters. Chapter One proposes a new and simple measure of financial reporting quality. Chapter Two and Chapter Three apply this new measure to examine the association between financial reporting quality and firms' internal governance issues, such as internal control quality and a possible outcome of internal control weakness (ICW), financial restatements.In Chapter One of the thesis, I propose a parsimonious, theory-based and empirically-supported measure of missing variables, REPORT. Chen et al. (2015) proposes a measure of disclosure quality, DQ, based on missing financial statement variables. DQ includes hundreds of items and is complex to program. …

Marcus Corporation Financial Statement Analysis, Leticia Esteves Rodovalho

Dissertations, Theses, and Projects

This financial statement analysis of Marcus Corporation is focused on historical financial performance. In this analysis, I will discuss how the firm is performing and compare their financial results to one of their major competitors. Marcus Corporation is based in Milwaukee, WI. The benchmark that will be presented is AMC Entertainment, which is also a company based in the Midwest, with its headquarters in Leawood, KS.

Auditing Standards Board (Asb), Meeting Highlights May 11-12, 2022 Las Vegas, Nv And Videoconference, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Auditing Standards Board (Asb), Meeting Agenda, May 11-12, 2022, Las Vegas, Nv And Video Conference (Zoom) (Times Are Pdt), American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Does Tax Curriculum Or Vita Participation Correlate With Improved Reg Section Cpa Exam Scores?, Sunshine Coombs, Sunshine Coombs

Honors College Theses

Abstract

Students who graduate with an accounting degree often take the Certified Public Accountant (CPA) exam to increase their earning potential and gain prestige within the accounting profession. The Regulation (REG) section of this exam exemplifies a student's knowledge in the United States’ tax filing system and makes up a quarter of the total exam. Accounting students often participate in Volunteer Income Tax Assistance (VITA) programs which may provide an avenue of preparation for the REG section of the CPA exam. This research aims to identify if there is a connection between universities that offer a VITA program and their …

Comprehensive Investigation Of The Accounting Principles Through Case Studies, Mary Frances Williams

Honors Theses

The following thesis consist of thirteen accounting case studies that were presented as the curriculum followed in the Accounting 420 class. Each case covers a topic that relates to the basic accounting principles and the accounting industry. This thesis represents a deep analysis of accounting principles and demonstrates a well-rounded understanding of the topics covered. Each case study is completed under the direction of Victoria Dickinson in abides with all requirements for the Patterson School of Accountancy, Sally McDonnell Barksdale Honors College, and the University of Mississippi ACCY 420 course in the 2020-2021 academic year.

Forensic Investigation Of Fraud In Village Government Agencies: An Ethnographic Study In Indonesian, Khairul Shaleh, Gugus Irianto, Ali Djamhuri, Noval Adib

The Qualitative Report

The utilization of the Village Fund budget has resulted in many improvements in facilities and infrastructure for rural areas. Still, we cannot deny there is a misuse of the funding in some village governments. In this study, we aimed to understand how fraud occurs in village government institutions because there is a patron-client relationship in a bureaucratic environment. This research is an ethnographic study using data collection methods in the form of field observations, documenting files that have relevance for research, and in-depth interviews with informants by applying the snowball technique to obtain informants. The field findings show that the …

Accounting Case Studies, James Mclemore

Honors Theses

This thesis is a study of financial accounting through a collection of case studies. This thesis took place over the course of two semesters in Accounting 420. Dr. Victoria Dickinson led the class and advised the students in this class for each case study. There are 11 case studies that comprise this thesis including: A Tale of Two Cities, Asset Concepts, Excel Course, Taxodus – Playing the Global Tax Avoidance Game, Business Interview – Melissa Meacham, Case Competition – Overview, Case Competition – Audit, Case Competition – Tax, Case Competition – Advisory, Case Competition – Earnings, Stock Price, and …

Case Studies: A Study Of Accounting Practices And Concepts, Anna Brock

Honors Theses

This accounting thesis includes multiple case studies on the topics of accounting principles, uses, and concepts. Throughout two semesters, research and contemplation have been conducted on various topics relating to accountancy. Case studies were conducted using different methods. Some were completed within a group, and the others were completed on their own. The methods were to reflect and enhance group work and conversation, as the accounting profession is a very social career.

The topics range from ethical decisions to a multiple-week case study performed with peers. The case study took place in the second semester, and I worked on a …

An Investigation Of Accounting Matters Through An Accumulation Of Case Studies, Sean Fitzhenry

Honors Theses

The following thesis is a compilation of case studies concerning assorted accounting topics. The studies range in subject from an interview with an inspiring business professional to discerning potential financial and accounting solutions for the massive global company, Google, and many more.