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Perspectives On Eventual Ifrs Adoption, Annette Or
Perspectives On Eventual Ifrs Adoption, Annette Or
Accounting
Will the effects of eventual adoption of International Financial Reporting Standards (IFRS) be more positive or negative for practitioners and companies in the United States? How will IFRS affect stakeholders, including Chief Financial Officers (CFOs), investors, bankers, Chief Executive Officers (CEOs), chairmen, taxpayers, Certified Public Accountants (CPAs), and publicly traded companies? This paper will discuss the challenges faced, the opinions regarding the transition process, and the implications of IFRS implementation.
Auditor Size Vs. Audit Quality: An Analysis Of Auditor Switches, Jackie Weiner
Auditor Size Vs. Audit Quality: An Analysis Of Auditor Switches, Jackie Weiner
Accounting
In recent years, there has been a debate over whether public companies should be required to have either a mandatory retention period or a mandatory rotation period for their external auditors. With all of the financial scandals that occurred in the late 1990s and early 2000s, the idea of auditor switching has come to the forefront. There are some opponents to auditor switching when companies switch auditors due to opinion shopping. However, research has identified many other reasons for switching auditors, such as business growth or requirements for new audit procedures. When companies require more complex audits, it may become …
The Study On The Entry Mechanisms By Chinese Companies To The U.S. Market, Yingjie Zhang
The Study On The Entry Mechanisms By Chinese Companies To The U.S. Market, Yingjie Zhang
Accounting
These days, along with the rapid growth of China’s economy and active involvement around the world, We see booming Chinese companies traded on the international markets. This is an effective way for Chinese companies to raise worldwide capital. As more and more Chinese companies find their way to the U.S. market recently, they attract not only the investors’ attention but also the regulators’ attention. This paper examines the development of China’s economy and the Chinese companies on the U.S. market. It focuses on the three major entry mechanisms used by such companies.
The Debate Over The 150 Credit Requirement, Amy Wong
The Debate Over The 150 Credit Requirement, Amy Wong
Accounting
In 1983, Florida adopted a 150 credit hour rule in order for a CPA candidate to sit for the CPA exam. In 1989, the AICPA voted to recommend that all states follow Florida’s lead to adopt the 150-hour rule (Carpenter and Hock 2009). The events that led to the Sarbanes-Oxley Act of 2002 raise the question of just how helpful those extra credits are in improving the knowledge of accounting professionals in their field. A previous study has shown that the 150-hour requirement does not affect pass rates (Allen and Woodland 2006). Another study has shown that when there was …