Business Commons^™

Ole Miss Accountant – Fall 2010, University Of Mississippi. School Of Accountancy

Ole Miss Accountant

Cover story: Longtime professor joins the Accountancy Hall of Fame

Cpa Client Tax Letter, October/November/December 2010, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Wait Not For Another Crisis: Weighing In On The Fair Value Accounting Debate, Knowledge@Smu

Knowledge@SMU

The use of fair value accounting – simply defined as the booking of numbers based on current market value – has been named as a catalyst in worsening the recent financial crisis. Emerging from the rubble, accounting regulators, like the IASB and FASB, together with industry players, are now trying to work out rules and standards. However, the question of to “fair” or not to “fair” is the subject of a hot debate. Columbia University’s Stephen Penman weighs in at a recent SMU lecture.

In Memoriam: Dr. Alan G. Mayper, Gary John Previts

Accounting Historians Notebook

No abstract provided.

President's Strategic Initiative Report, Gregory B. Weymire

Accounting Historians Notebook

No abstract provided.

13th World Congress Of Accounting Historians St. James' Football Ground -- Newcastle Upon Tyne, 17-19 July 2012, Academy Of Accounting Historians

Accounting Historians Notebook

No abstract provided.

Cpa Client Bulletin, October 2010, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Academy Business Meeting In San Francisco -- August 1, 2010, Yvette Lazadowski

Accounting Historians Notebook

No abstract provided.

Accounting In Economic Recovery And Reform, September 30-October 2, 21010, Ohio State University. Accounting Hall Of Fame

Accounting Historians Notebook

No abstract provided.

Academy Of Accounting Historians Awards; Tom Tyson Awarded The 2010 Hourglass Award; Vangermeersch Manuscript Award For 2010 Presented To Michael Doron; Laurie Barfitt And Dan Jensen Jointly Awarded The 2010 Thomas J. Burns Biographical Research Award; Tom Tyson Awarded The 2010 Innovation In Accounting History Education Award; Life Membership In The Academy Honour For 2010 Granted To Tom Lee; Norman Macintosh Awarded 2009 The Accounting Historians Journal Best Paper Award, Academy Of Accounting Historians

Accounting Historians Notebook

No abstract provided.

Calls For Papers And Other Announcements; Accounting Historians Notebook: Call For Papers; Global History Of Accounting, Financial Reporting And Public Policy: Europe; Accounting History Review: Journal Refocus In 2011; 7th Conference On Accounting History, Leon, Spain, November 10-12, 2010; International Scientific Conference Sokolov Reading View From The Past Into The Future, 10-11 February 2011, St. Petersburg; Xvith Conference Of Accounting And Management History, Nantes (France), 23-25 March 2011; Academy Of Accounting Historians 2011 Research Conference; Accounting History Call For Research Proposals; 13th World Congress Of Accounting Historians; Accounting History: The Seventh Accounting History International Conference, Academy Of Accounting Historians

Accounting Historians Notebook

No abstract provided.

Effects Of A Taxation Ethics Intervention On Hong Kong Undergraduates' Attitude Towards Tax Avoidance And Evasion, Richard S. Simmons

Hong Kong Institute of Business Studies Working Paper Series

Increasing public concern over the ethical behaviour of accounting professionals, including those involved in providing tax services, has focused attention on the effectiveness of educational responses to the problem. Accordingly, this study investigates whether a tax ethics intervention imbedded in an undergraduate taxation course influences the attitudes towards tax avoidance and evasion of accounting major business students at a university in Hong Kong. The research also considers whether the intervention changes students' attitudes towards the importance of corporate ethics and social responsibility (CESR).

The study adopts a survey approach incorporating a pre-test/post-test data collection methodology. The surveys include case studies …

Benefits, Limitations And Best Practices Of Online Coursework…Should Accounting Programs Jump On Board?, Mary Kay Copeland

Business Faculty/Staff Publications

The evolution of online teaching has evolved as quickly and vivaciously as the adoption of the World Wide Web. While there were and are skeptics, research shows that not only is online learning more convenient and makes educational available anytime and anywhere, it has the potential, in some cases, to be an improved tool for educating. To ensure maximized learning outcomes, and to experience the blessing and not the curse of online coursework, it is critical that universities embrace it wholeheartedly and follow online pedagogical best practices in developing and executing online courses. In addition, there are some courses where …

Motives For Employee Profit Sharing Schemes In The U.S., U.K. And Canada, Alireza Daneshfar, Farhad Simyar, Michael Rolleri, Robert Wnek

Accounting Faculty Publications

This paper discusses different motives for profit sharing adoption in the U.S., Canada and the U.K., and analyzes employment-based factors that could contribute to these differences. Motives for profit sharing are classified into two groups: motivational and non-motivational. A theoretical model is presented that suggests a firm’s ability to use profit sharing for non-motivational purposes is limited by the status of domestic employment-related factors. The analytical review indicates that the non-motivational use of profit sharing is limited by the status of employment-related factors in each of the studied countries. However, the non-motivational use of profit sharing is probable if higher …

Accounting Hall Of Fame: David M. Walker, Remarks, Citation And Response, Columbus, Ohio, October 1, 2010, The Ohio State University

Accounting Hall of Fame Brochures

No abstract provided.

Improving Financial Information Literacy In Introduction To Financial Accounting, Anne Kelly, Teresa Williams, Brad Matthies, J. Burdeane Orris

Foley Library Scholarship

The motivation for this study came from a desire to improve teaching of the use of accounting information for decision making. Te information literacy standards and related performance indicators guided the development of a semester-long case study by accounting faculty and academic business librarians. Their collaboration yielded a series of instruction modules and related student exercises leading up to a group activity involving the evaluation of a company as a potential investment for retirement savings. Students enrolled in two sections of an introductory accounting course volunteered to participate in this study. They provided information about their knowledge before and after …

The Effect Of Institutional And Cultural Factors On The Perceptions Of Earnings Management, Marshall A. Geiger, Joyce Van Der Van Der Laan Smith

Accounting Faculty Publications

In this study we examine the effect of stakeholder orientation versus shareholder orientation, and the level of cultural secrecy on individuals’ perceptions of earnings management practices. Examining perceptions from 1,260 participants from 13 countries indicates that individuals from stakeholder-oriented institutional back- grounds were less accepting of earnings management, including both accounting earn- ings management and operating earnings management activities, than participants from shareholder-oriented institutional backgrounds, and that individuals from secretive cultures were more accepting of both types of earnings management activities. Our findings provide evidence of the anticipated perceptual differences across countries with respect to earnings management and suggest the …

Corporate Governance And Mindfulness: The Impact Of Management Accounting Systems Change, John Joseph Williams, Alfred E. Seaman

Research Collection School Of Accountancy

The International Federation of Accountants (2009) argues that a governance structure should go beyond conformance with regulations and equally support a performance dimension that can lead to better outcomes. This paper explores the relationship between these two governance dimensions and the capacity for mindfulness, utilizing organizational theory that describes high reliability organizations. Survey data was obtained from top-level accounting professionals in a sample of 124 Canadian firms. Regression results support the hypothesis that both the conformance and performance dimensions of governance are significant determinants of the capacity for mindfulness. Additional analysis shows that the explanatory power of this relationship persists …

Auditor Reputation And Earnings Management: International Evidence From The Banking Industry, Kanagaretnam Kiridaran, Chee Yeow Lim, Gerald J. Lobo

Research Collection School Of Accountancy

We examine the relation between auditor reputation and earnings management in banks using a sample of banks from 29 countries. In particular, we examine the implications of two aspects of auditor reputation, auditor type and auditor industry specialization, for earnings management in banks. We find that both auditor type and auditor industry specialization moderate benchmark-beating (loss-avoidance and just-meeting-or-beating prior year’s earnings) behavior in banks. In addition, we find that once auditor type and auditor industry specialization are included in the same tests, only auditor industry specialization has a significant impact on constraining benchmark-beating behavior. In separate tests related to income-increasing …

Financial Statement Overview: Ferreting Out The Secrets, Annetta M. Gibson

Faculty Publications

A presentation for the Lake Union Conference on how to analyze financial statements

Current Issues In Accounting: Will London Rule The Accounting World?, Annetta M. Gibson

Faculty Publications

A presentation on the Converging U.S. GAAP and International GAAP (IFRS)

Accounting In Economic Recovery And Reform, September 30-October 2, 2010, Columbus, Ohio, Accounting Hall Of Fame, Academy Of Accounting Historians

Accounting Hall of Fame Brochures

No abstract provided.

The Influence Of Banks On Auditor Choice And Auditor Reporting In Japan, Jin Jiang

Lingnan Theses

Debt as opposed to equity as the major source of financing and the influence of banks on the corporate governance of listed companies are unique features of the Japanese business environment. This thesis investigates how these features affect the choice of auditor by Japanese listed companies and auditor reporting by Japanese CPA firms on those companies. Pong and Kita (2006) provided some univariate analyses and indicated that Japanese companies tended to select the same external auditors as their main banks to reduce the agency costs. In this thesis, I further examine the influence of main banks on auditor selection by …

Cpa Client Bulletin, September 2010, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

The Audit Committee Expertise And Financial Reporting Quality., Sherliza Puat Nelson

Student Works (2010-2019)

The objective of the study is to investigate the relationship between audit committee expertise and financial reporting quality. Since Sarbanes Oxley Act 2002, there has been growing interest in the research concerning audit committee expertise. Audit committee plays an important role on the quality and credibility of financial reporting, since they effectively function as a governance mechanism.  Whilst, many studies have examined the attributes of audit committee financial expertise with regard to financial reporting quality, and their composition of expertise on the audit committee board, few have focused on the financial expertise aspect specifically and none have considered extending the …

Did Sarbanes-Oxley Lead To Better Financial Reporting?, Dennis Chambers, Dana R. Hermanson, Jeff L. Payne

Faculty Articles

The article describes and summarizes five studies that examined whether the landmark Sarbanes-Oxley Act of 2002 (SOX) was beneficial or not to financial reporting. The U.S. Congress is stated to have passed the legislation on July 25, 2002 in reaction to a series of financial accounting scandals involving such companies as Enron and WorldCom, as well as the demise of the accounting firm Arthur Andersen LLP. The author asserts that all five of the studies provide evidence of a significant improvement in the financial reporting environment since SOX.

A Fraud Audit: Do You Need One?, Thomas Buckhoff, Leslee Higgins, Debra Sinclair

Accountancy: Faculty Publications

This paper differentiates between a fraud audit and a financial statement audit and suggests that small businesses usually need a fraud audit although they engage a financial statement audit. A CPA trained in fraud examination and forensic accounting should conduct the fraud audit.

Accounting Restatements Arising From Pcaob Inspections Of Small Audit Firms, Dana R. Hermanson, Richard W. Houston, Zhongxia Shelly Ye

Faculty Articles

The article presents an analysis made by authors of PCAOB small firms inspection reports in order to examine the types of accounting restatements triggered by PCAOB inspections of small audit firms. The PCAOB Inspection Process is elaborated. The result of the analysis of the authors of PCAOB-triggered restatements by clients of small audit firms reveal that complex, technical accounting areas account for the majority of restatements. Particular attention to unique, complex and accounting issues is encouraged for issuers and small audit firms.

National Culture And Capital Structure Decisions: Evidence From Foreign Joint Ventures In China, Kai Li, Dale W. Griffin, Heng Yue, Longkai Zhao

Research Collection School Of Accountancy

We investigate the role of firms’ country of origin in financial leverage decisions using data on foreign joint ventures in China. We hypothesize that national culture enters the joint optimization process leading to foreign joint ventures’ leverage decisions and that it affects leverage decisions both directly and indirectly. Using cultural values of mastery and embeddedness to explain country of origin effects, we find that mastery has negative and significant direct effects on foreign joint ventures’ leverage and short-term debt decisions, and a positive and significant direct effect on the likelihood of foreign joint ventures’ having long-term debt. The indirect effects …

Does Auditor Tenure Improve Audit Quality? Moderating Effects Of Industry Specialization And Fee Dependence, Chee Yeow Lim, Hun-Tong Tan

Research Collection School Of Accountancy

We investigate whether the relation between auditor tenure and audit quality is conditional on auditor specialization and fee dependence. Although prior studies have investigated the relation between extended auditor-client tenure and audit quality, none has examined how this relation is jointly influenced by both auditor specialization and fee dependence. Our main analyses, using accrual quality as a measure of audit quality, show that firms audited by specialists (vs. non-specialists) have relatively higher audit quality with extended auditor tenure, and that this relation is negatively moderated by auditors’ fee dependence on clients. These results are robust to sensitivity tests, and alternative …