Accounting Commons^™

The Effect Of Arthur Andersen's Demise On Clients' Audit Fees And Auditor Conservatism: International Evidence, Bin Srinidhi, Mahmud Hossain, Chee Yeow Lim

Research Collection School Of Accountancy

Using samples from 12 non-U.S.A. countries, we find that following Arthur Andersen's failure in the United States of America, successor Big-N auditors charged an audit fee premium for ex-Andersen clients compared to existing clients and non-Andersen switch-ins. We show that this audit fee premium is not attributable to the Andersen switch-ins having lower prior earnings quality or lower bargaining power than non-Andersen switch-ins. We also show that ex-Andersen clients exhibit higher earnings quality after the switch than do ongoing clients and other switch-ins. These results suggest that the audit fee premium is attributable to auditor conservatism. Furthermore, we find that …

Do Analysts Understand The Valuation Implications Of Accounting Conservatism When Forecasting Target Prices?, Jae Bum Kim, Alexander Nekrasov, Pervin Shroff, Andreas Simon

Research Collection School Of Accountancy

Conservatism in earnings does not have a direct impact on the present value of future cash flows. This paper examines whether financial analysts correctly undo the effect of accounting conservatism incorporated in their own earnings forecasts in arriving at their target price forecasts. Based on prior findings, we consider alternative valuation models/heuristics that may be used by analysts to estimate target prices, e.g. the forward P/E and the PEG ratio. Our evidence suggests that analysts fail to fully undo the effect of accounting conservatism embedded in their forecasts of earnings and earnings growth when estimating their target price forecasts. More …

Internal Control — Integrated Framework: Internal Control Over External Financial Reporting: A Compendium Of Approaches And Examples, September 2012, Committee Of Sponsoring Organizations Of The Treadway Commission

Association Sections, Divisions, Boards, Teams

No abstract provided.

Internal Control—Integrated Framework: Feedback Questions, September 2012, Committee Of Sponsoring Organizations Of The Treadway Commission

Association Sections, Divisions, Boards, Teams

No abstract provided.

Comment On Internal Control Over External Financial Reporting And Internal Control-Integrated Framework, Committee Of Sponsoring Organizations Of The Treadway Commission

Association Sections, Divisions, Boards, Teams

No abstract provided.

Internal Control—Integrated Framework: Framework And Appendices, September 2012, Committee Of Sponsoring Organizations Of The Treadway Commission

Association Sections, Divisions, Boards, Teams

No abstract provided.

White Paper: Preparation As A Nonattest Service: What Does It Mean And Why Should I Care? September 2012, Charles E. Landes

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Brokers And Dealers In Securities With Conforming Changes As Of September 1, 2012; Audit And Accounting Guide:, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Gaming, September 1, 2012: Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Proposed Statement On Auditing Standards, Omnibus Statement On Auditing Standards—2012; August 31, 2012, Comments Are Requested By October 31, 2012. Exposure Draft (American Institute Of Certified Public Accountants), 2012, August 31, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Comment Letters On Proposed Statement On Auditing Standards, Omnibus Statement On Auditing Standards—2012; August 31, 2012, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Letter From Patricia A. Thompson, Cpa, Chair, Aicpa Tax Executive Committee, To Douglas H. Shulman, Commissioner, Internal Revenue Service, Re: Need For Irs Resolution To Systemic Irs Incorrect Letters On Form 3520., Patricia A. Thompson, American Institute Of Certified Public Accountants. Tax Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Account Book - Bowling Green, Kentucky (Sc 2570), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 2570. Merchant’s account book, which includes accounts for merchandise due from early residents of Bowling Green and Warren County, Kentucky such as Benjamin Hampton, Jacob Skiles, George Moore, Robert Lucas and Solomon P. Sharp.

Auditing Standards Board (Asb) Meeting, August 16, 2012 Teleconference; Highlights (Asb) Meeting, August 16, 2012, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Accounting Standards Board, Conference Call, August 16, 2012 10am – 1pm Eastern, Meeting Agenda, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

How Management Accounting Can Help Environmental Firms, Michael T. Lee, Spencer Cobia

Accountancy Faculty Publications and Presentations

Our recent study of management accounting systems for startups demonstrated that properly designed and implemented tools are linked with greater chances of business success. These systems can help environmental startups overcome failure.

Omnibus Proposal, Aicpa Professional Ethics Division, Interpretations And Rulings, August 13, 2012, Comments Are Requested By September 14, 2012; Exposure Draft (American Institute Of Certified Public Accountants), 2012, August 13, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Comment Letters On Omnibus Proposal, Aicpa Professional Ethics Division, Interpretations And Rulings, August 13, 2012, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Letter From Barry C. Melancon, Cpa, Cgma, President And Ceo, Aicpa, To The Honorable Tom Harkin, Chairman, Health Education Labor And Pensions Committee, And The Honorable Mike Enzi, Ranking Member, Health Education Labor And Pensions Committee, United States Senate, Re: Encouragement To Cosponsor S. 1232, Which Would Prohibit The Department Of Labor From Moving Forward On Its Proposal To Expand The Definition Of Fiduciary Under Erisa To Include Appraisers Of Employee Stock Ownership Plans., Barry C. Melancon

Association Sections, Divisions, Boards, Teams

No abstract provided.

Richardson, Samuel Bainbridge, 1803-1864 (Sc 707), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 707. Account book, 1848-1859, of a physician at Louisville Kentucky, which contains records, accounts and occupations of patients; a letter regarding debts owed to the doctor, 1855; a photographic negative of one page of the account book, 1850; and a newspaper article about the account book, 1951.

J. H. Bell Tobacco Company - Owensboro, Kentucky (Sc 702), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid and scan (Click on "Additional Files" below) for Manuscripts Small Collection 702. Account book of the J. H. Bell Tobacco Company, Owensboro, Kentucky, which lists amounts paid to employees.

Accounting Hall Of Fame: Robert Henry Herz, Remarks, Citation And Response, Washington, D. C., August 6, 2012, American Accounting Association, The Ohio State University

Accounting Hall of Fame Brochures

No abstract provided.

Valentine & Shower - Bowling Green, Kentucky (Sc 706), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 706. Two account books, 1851-1855, of tailors Valentine and Shower, at Bowling Green, Warren County, Kentucky. Also included is a letter from John L. Shower asking about auctioning a surplus of goods in Gallatin, Tennessee.

Disclosure And Compliance Practices And Associated Corporate Characteristics - A Study Of Listed Companies In India, Meha Kohli

Theses and Dissertations

The present study empirically investigates the level of compliance by listed Indian firms with disclosure requirements of Indian Accounting Standards. India’s Accounting Standards have been gradually converging with the International Financial Reporting Standards (IFRS) since 2001. India currently stands on the verge of adopting the International standards. Indian companies are working fervently towards adopting IFRS. This provides an extraordinary research environment to assess the level of compliance during this transitional time as well as lending an opportunity for a post adoption study. This study addresses two research questions developed to review annual reports of 156 listed Indian firms to determine …

Energy-Efficiency Programs: A Supplemental Guide For Small Manufacturing Businesses., Brittany E. Coleman

Undergraduate Honors Theses

This research was focused on small manufacturing businesses and energy-efficiency programs on the federal, state, and local levels. Small manufacturing businesses have many types of energy-efficiency programs available to them from several different sources. Sources of information for these programs provide technical explanations that are difficult to understand. In addition, different qualifications are required for participation in different programs. The intention of this research was to form a manual for small manufacturing businesses that are energy-intensive. The purpose of the manual is to make the information about energy-efficiency programs more accessible and comprehendible for owners and managers of small manufacturing …

Small Audit Firms And Earnings Manipulations, Huichi Huang

Business Administration - Dissertations

This paper examines the monitoring role of small audit firms (i.e., those with 100 or fewer clients who are subject to different levels of oversight by the PCAOB) on earnings management. Specifically, I examine the relationship between earnings manipulations and the use of small audit firms. I find that small audit firms are less able to constrain managers' opportunistic use of discretionary accruals. However I find no evidence that small audit firms are associated with real activities manipulation. By investigating a specific group of audit firms that are the smallest in the audit market, this study extends our understanding of …

Mandatory Adoption Of International Accounting Standards In Germany: Financial Statement Effects, Sarah Wagemann

Graduate Theses

This paper addresses the mandatory adoption of International Financial Reporting Standards (IFRS) in Germany in 2005. The financial, statement effects and the variability of key accounting measures are analyzed under the German Commercial Code (Handelsgesetzbuch - HGB, German GAAP) and IFRS. I find that book value of equity and net income are slightly larger under IFRS than under German GAAP which reflects the fair value orientation of IFRS. Only weak evidence exists that the mandatory adoption of IFRS results in significant accounting differences unlike the results found in financial statements of German firms that voluntarily adopted IFRS.

تقويم أنظمة الرقابة الداخلية في قطاعات وزارة التربية دراسة تطبيقية / قسم الرقابة والتدقيق الداخلي للمديرية العامة لتربية القادسية, نجم عبد عليوي الكرعاوي

Muthanna Journal of Administrative and Economics Sciences

تقويم أنظمة الرقابة الداخلية في قطاعات وزارة التربية المديرية العامة لتربية القادسية – قسم الرقابة والتدقيق الداخلي . استهدف البحث لتقويم أنظمة أجهزة الرقابة والتدقيق الداخلي في المديرية العامة لتربية القادسية ولمعرفة أهم المشاكل الرقابية إيجاد الحلول الناجحة لها وقد استخدم الباحث في الجانب النظري الأسلوب الوصفي والتحليل الإحصائي في الجانب العملي وقد هيئة لهذا الغرض استمارات استبيان محكمة تألفت من خمسة محاور اذ توصلت إلى مجموعة من الاستنتاجات كان أهمها أداء الاهتمام المتزايد بأنظمة الرقابة الداخلية وتحوله من نظام تدقيق شامل الى الانتقائي أو الإختياري ليتسنى لها تقيم كفاءة أداء الأنشطة الداخلية في المديرية العامة للتربية وخرج الباحث بجملة …

دور أساليب المحاسبة الادارية الاستراتيجية في خدمة الادارات الاستراتيجية للمنظمات المعاصرة في العراق, حمزة صادق حسوني

Muthanna Journal of Administrative and Economics Sciences

تطبيق الإدارة الاستراتيجية للمؤسسات العراقية، من خلال دراسة هذه الأساليب والتقنيات، ومن ثم هذا الموضوع في الميدان من خلال توزيع – هذه الدراسة تهدف إلى إدخال أساليب وتقنيات المحاسبة الإدارية الاستراتيجية ودورها في خدمة أهداف إدارة المعاصرة الاستبيان في بعض الشركات. استخدمنا المنهج الوصفي التحليلي في الجزء النظري من الدراسة، حيث حاولنا أن تبين أهم الأفكار حول موضوع المحاسبة الإدارية الاستراتيجية وأساليب وتقنيات، واستخدمنا نهج تطبيق، حيث كنا استبيان المسح إلى جمع البيانات من تطبيق الشركات (7) الصناعية العراقية مع (45) الأفراد. وخلصت الدراسة إلى العديد من الحقائق مع مثل هذا الاتجاه من الشركات نحو استخدام وتطبيق المفاهيم الاستراتيجية في …

Teaching And Advising A New Generation Of Accounting Students, Stephen Scarpati, Patricia Johnson

WCBT Faculty Publications

A glimpse into the NYSSCPA’s 2012 Higher Education Conference.

Collaboration among practitioners and educators provides students with a bridge to the profession, and taking the opportunity to learn from each other helps ensure that students receive a relevant education that meets the needs of their future employers. For those in attendance, the NYSSCPA’s 2012 Higher Education Conference provided information that can be applied in the classroom to improve accounting education. In addition, professors gained updated insight and knowledge that will help them better advise a new generation of accounting students as they embark on the path to becoming a CPA.