Business Commons^™

An Investigation Into The Factors That Lead To Career Success In Accounting: Are Great Accountants Born Or Made?, Kelly Cocco

Honors Projects in Accounting

Are great accountants born or made? This paper examines various factors and personality traits which lead to career success in accounting, as perceived by accountants with various levels of earnings and job satisfaction. The current literature indicates that a gap exists between employer expectations of potential employees and the skills and traits that accounting graduates prioritize as most important when they are about to enter the workforce (Muda 2009). This study extends the literature by attempting to identify the traits and characteristics of successful accountants by surveying accounting professionals, who are defined as those who have careers in accounting functions …

Pcaob Quality Control Inspections: Unresolved Issues Of Registered Firms, Bernard H. Newman, Mary Ellen Oliverio

Faculty Working Papers and Articles

The Public Company Accounting Oversight Board (PCAOB) has oversight responsibilities that include inspection of not only the audit of financial statements, but also of internal controls and quality controls. The topic of this paper, however, relates only to the inspection of quality controls of registered firms.

This paper presents the results of an exploratory survey of quality control issues that registered firms were unable to resolve within the 12 months from the date of the inspection report. If remediation is not successful within the 12-month period, the issues not resolved by the firm are revealed to the public. The original …

Detecting Fraud: Utilizing New Technology To Advance The Audit Profession, Gabriella Stanton

Honors Theses and Capstones

No abstract provided.

Two Papers On "How Perceptions Of Fairness And Influences Of Social Capital And Source Credibility Matter To Compensation Committees And Investors", Anne M. Wilkins

Dissertations, Theses and Capstone Projects (Full IR Collection)

This paper uses an experimental research design to examine the influences of social capital, source credibility, and fairness on the decision making process of compensation committee members when making an executive compensation decision as well as whether an expectation gap exists between the committee members and nonprofessional investors regarding the judgment. One hundred and one public company compensation committee members and ninety nine nonprofessional investors completed an executive compensation case indicating their support on a scale of 0 to 100 of revising executive incentive pay financial performance targets mid-compensation cycle.

I find outcome fairness to shareholders and management significant influences …

Antecedents And Outcomes Of The Investment In Internal Auditing And The Moderating Role Of Family Business Culture, Debra J. Lasher

Dissertations, Theses and Capstone Projects (Full IR Collection)

While the internal auditing function (IAF) has been studied extensively in publicly traded firms, relatively little is known about the function and related outcomes among privately held family businesses. However, family businesses play a leading role in economic production and employment in the U.S. and globally. The blending of family culture with organizational culture in family businesses is a key aspect that differs from nonfamily businesses and across family businesses. This research develops the new construct of family business culture as a replicable measure of the influence of the combined cultures of the family and the business. Both essays include …

The Effects Of Internal Audit Report Type And Reporting Relationship On Internal Auditors' Judgments, Douglas M. Boyle

Dissertations, Theses and Capstone Projects (Full IR Collection)

This study examines the effects of internal audit reports issued to external stakeholders (the public) and internal audit reporting relationship types on internal auditors’ judgments. I use a 4 x 2 between-subjects experiment and practicing internal auditors as participants. I manipulate internal audit report type at four levels ((1) no external report issued by the internal audit function [current state of practice], (2) descriptive external report of internal audit activities, (3) assurance external report on the internal controls, and (4) a descriptive external report of internal audit activities and an assurance external report on the internal controls). Senior level internal …

Fair Value Accounting: How Bad Decisions Bring Blame To Beneficial Accounting Procedures, Thomas John Ciulla

Senior Honors Theses

The Great Recession has sparked a debate amongst accounting professionals and economic analysts. There has been a concerted effort to blame fair value accounting and FAS 157 as the recession’s root cause and an attempt to challenge FASB to return to the historic cost principle. This paper examines the guidelines and procedures for mark to market as established by FASB, observes the events leading up to the recession, conditions that materialized at the start of the recession, evaluates the role fair value played in the financial crisis, and considers how fair value should be used in the future.

The Effects Of Sarbanes Oxley On Current Financial Reporting Standards, Kiersten Clark

Senior Honors Theses

Many changes have taken place over the past eight years in almost every sphere of the business world. The first topic discussed within this paper will be the origin and background of Sarbanes-Oxley, why it was necessary, and what the primary causes of such regulation were. There are many new regulations that are required of companies, primarily publicly-traded companies, which will be covered in the next section. Finally, the last discussion will involve the impact of SOX and the Public Company Accounting Oversight Board on financial reporting and the changes that have taken place within companies. The impact of this …

Ex Ante Severance Agreements And Timely Disclosures Of Bad News, Qianhua Ling

Accounting Faculty Research and Publications

This study explores the puzzle of CEO severance agreements by examining the association between the existence of ex ante severance agreements and the timeliness of bad news disclosures. Classifying severance agreements by type and the way boards grant them, this article documents a positive association between the timeliness of bad news disclosures and the existence of an ex ante single-trigger severance agreement, especially when it is granted alone. This association remains positive in the CEO’s last year of tenure where performance is poor. Further analyses show that this association is stronger among CEOs with a high-variable pay structure than among …

Crisis Response Information Networks, Shan L. Pan, Gary Pan, Dorothy E. Leidner

Research Collection School Of Accountancy

In the past two decades, organizational scholars have focused significant attention on how organizations manage crises. While most of these studies concentrate on crisis prevention, there is a growing emphasis on crisis response. Because information that is critical to crisis response may become outdated as crisis conditions change, crisis response research recognizes that the management of information flows and networks is critical to crisis response. Yet despite its importance, little is known about the various types of crisis information networks and the role of IT in enabling these information networks. Employing concepts from information flow and social network theories, this …

2012 Ijbe Front Matter, Tamra Connor

International Journal for Business Education

1. Editorial Board
2. President's Letter
3. SIEC-ISBE International

اثر معايير التدقيق على أداء مراقب الحسابات في ظل التشغيل الالكتروني للبيانات المحاسبية(بحث مستل), علاء فريد عبد الأحد

Muthanna Journal of Administrative and Economics Sciences

في ظل التشغيل الالكتروني للبيانات المحاسبية يتطلب توافر مهارات لدى مراقبي الحسابات كي يؤدي مهامه التدقيقية على وفق معايير التدقيق الدولية والمحلية تتناسب مع بيئة الحاسب , لذلك يهدف البحث الى التعرف على المهارات الواجب توافرها لديهم في ظل تلك المعايير من خلال تصميم استمارة استبانة تم توزيعها على عينة من مراقبي الحسابات في ديوان الرقابة المالية ومكاتب التدقيق الخاصة في العراق , وتم تحليل نتائج تلك الاستبانة وفق الأساليب العلمية الإحصائية بقصد تحقيق صحة فرضية البحث, إذ توصلت نتائج البحث إلى أن هناك مهارات لدى مراقبي الحسابات عينة البحث يمكن توظيفها في أداء مهامهم التدقيقية بالعناية المهنية المطلوبة ووفقاً …

Guidance Frequency And Guidance Properties: The Effect Of Reputation-Building And Learning-By-Doing, Sanjeev Bhojraj, Robert Libby, Holly I. Yang

Research Collection School Of Accountancy

Different firms issue earnings guidance at dramatically different rates. We suggest that frequent guiders more likely represent a type of firm that is attempting to develop a reputation for enhanced disclosures through their guidance issuances. Furthermore, the desire to build a reputation and the opportunities to learn provided by issuing more frequent guidance should translate into frequent guiders providing higher quality guidance than occasional guiders. We examine our hypotheses in three stages. First, we find that guidance frequency is positively correlated with variables associated with reputation with capital market participants and reputation in product and labor markets. Second, our cross-sectional …

Auditor Reporting Under Section 404: The Association Between The Internal Control And Going Concern Audit Opinions, Beng Wee Goh

Research Collection School Of Accountancy

Section 404 of the Sarbanes-Oxley Act introduced integrated audits of internal control over financial reporting and the financial statements. Since the internal control and audit reports are joint products of the audit process, we examine whether the issuance of an internal control material weakness opinion (MWO) influences, other things equal, the issuance of a going concern audit opinion (GCO). Using a sample of financially stressed companies, we find that the issuance of a MWO increases the likelihood of a GCO, suggesting that auditors respond to the uncertainty surrounding a MWO by issuing a GCO. Further, the positive association between MWO …

Checklists And Illustrative Financial Statements For Defined Contribution Pension Plans, March 31, 2012, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Checklists And Illustrative Financial Statements For Employee Health And Welfare Benefit Plans, March 31, 2012, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Business Culture Affects A Company's Strategic Success, Michael Lee

Accountancy Faculty Publications and Presentations

At Boise State, we surveyed managers, general and operation managers, business analysts and accountants in more than 350 companies to find more about business culture and how these companies manage their cultures in pursuit of success.

Smith, Zachariah Frederick, 1827-1911 (Sc 270), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection. Letter book of a wholesale grocer in Bowling Green, Kentucky. Includes transactions of Lehman & Grafulla, merchants, and “Notes of Lehman, Rabold & Co.”

Winlock, Joseph F. (Sc 269), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid and scan (Click on "additional files" below) for Manuscripts Small Collection 269. Account book of Dr. Joseph F. Winlock, physician of Greensburg, Kentucky, containing accounts of patients, some ailment cures and a small notebook probably carried by the doctor with entries to be copied into account book.

Stubbins & Lucas Pork House - Bowling Green, Kentucky (Sc 266), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 265. Account book of R. S. Griffith, clerk to Stubbins & Lucas pork merchants, at Bowling Green, Kentucky. Includes accounts of sales to river steamboats.

Fairleigh, William, 1797-1865 (Sc 264), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 264. Account book, 1830-1835, of William Fairleigh, a general merchant at Brandenburg, Meade County, Kentucky. Also contains a list of fines collected as first clerk of Meade County and Circuit Courts.

Dickinson, W. H. (Sc 263), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Mansucripts Small Collection 263. Receipt book of W. H. Dickinson, Sheriff of Barren County, Kentucky.

Wooten, William H. (Sc 262), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 262. Two account books of William H. Wooten, carpenter and blacksmith in Bowling Green, Kentucky. One, 1857-1862, contains orders and lists work of hired hands. The second, 1857-1861, is a customer account book, 313p.

Determinants Of Material Weaknesses In Internal Control Over Compliance In Accordance With Omb Circular A-133 For U.S. Counties, Julie Hyde

Faculty Works

What entity characteristics are associated with the reporting of a material weakness in internal control over compliance for federal grants?

Jackson, Alfred Metcalfe, 1816-1865 (Sc 306), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 306. Account book of Alfred Metcalfe Jackson, a physician in South Carrollton, Kentucky.

Adams, George Bradley, 1819-1854 (Sc 305), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 305. Account book, 1847-1848, of a blacksmith at Bowling Green, Warren County, Kentucky.

Perringer & Wile - Bowling Green, Kentucky (Sc 304), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 304. Account book, 1857-1858, of general merchants at Bowling Green, Warren County, Kentucky.

Robertson, Smoot & Brown - Woodburn, Kentucky (Sc 307), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 307. Two account books, 1860-1864, of Robertson, Smoot & Brown, general merchants at Woodburn, Warren County, Kentucky. Includes records of cash payments, credit accounts, and prescription accounts.

Markowitz 2.0: Innovations For Asset Allocation, Knowledge@Smu

Knowledge@SMU

The idea of conducting financial analysis on asset classes, while widely accepted today, was a new concept in the 1950s. It was so new that Nobel Prize winner in economics Harry Markowitz almost did not receive his doctorate because his thesis on portfolio optimisation was deemed as “not economics” by his supervisor. Dr Paul Kaplan, quantitative research director at Morningstar, introduces an updated model of Markowitz’s portfolio optimisation model at a seminar in SMU.

Do External Financial Statement Auditors Sufficiently Adjust Their Audit Plans For Automated-Control Deficiencies?, Daniel D. Selby

Accounting Faculty Publications

Shelton (1999) found that experience, based on rank, mitigates the influence of less-than diagnostic evidence in going concern assessments. But, numerous studies (e.g., Abdolmohammadi and Wright 1987) question the external validity of studies that use rank to determine experience. I suspect that specialized domain experience is a better measure because all auditor ranks do not have procedural knowledge in going concern decisions but many auditors may have procedural knowledge in audit planning (AICPA 2008) and automated controls (Hunton et al. 2004). I investigate whether external financial statement auditors (henceforth auditors) sufficiently adjust their audit plans for material-automated-control-weaknesses. I determine the …