Accounting Commons^™

Readability Of 10-K Reports And Stock Price Crash Risk, Chansog (Francis) Kim, Ke Wang, Liandong Zhang

Research Collection School Of Accountancy

This study shows that less readable 10‐K reports are associated with higher stock price crash risk. The results are consistent with the argument that managers can successfully hide adverse information by writing complex financial reports, which leads to stock price crashes when the hidden bad news accumulates and reaches a tipping point. Cross‐sectional analyses show that the effect of financial reporting complexity on crash risk is more pronounced for firms with persistent negative earnings news or transitory positive earnings news, greater chief executive officer stock option incentives, or lower litigation risk. Finally, accrual manipulation appears to be positively related to …

Aicpa Audit And Accounting Manual, June 1, 2019: Nonauthoritative Practice Aid, American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Aicpa Technical Questions And Answers, As Of June 1, 2019, American Institute Of Certified Public Accountants (Aicpa)

Guides, Handbooks and Manuals

No abstract provided.

Aicpa Code Of Professional Conduct, Effective December 15, 2014. Updated For All Official Releases Through September 1, 2018 (Using Content In The Online System As Of June 2019), American Institute Of Certified Public Accountants (Aicpa)

AICPA Professional Standards

No abstract provided.

Disproportionate Insider Control And Firm Performance, Barry Hettler, Arno Forst

School of Accountancy Faculty Publications

The effect of disproportionate insider control on firm performance is ambiguous. Disproportionate control may enhance insiders’ ability to expropriate perquisites; on the other hand, it may provide stability of management and reduce short-term market pressures. Using a hand-collected sample of U.S. dual-class firms, we find that disproportionate control is positively associated with accounting-based performance, but negatively associated with Tobin's Q. These results are consistent with the incentives of entrenched insiders who are interested in profitability but less beholden to capital markets.

The Effects Of Corporate Reputation And Compensation Disclosure On Investor Judgments, Poh Sun Seow, Clarence Goh, Gary Pan

Research Collection School Of Accountancy

Regulators have increased the disclosure requirements of top executives as part of corporate governance reform. This study examines how trust arising from a firm’s corporate reputation will interact with top executive compensation disclosure to influence investor judgments. This study used a 2 X 2 between subjects experimental design, with corporate reputation (good versus bad) and pay ratio (high versus low) as independent variables to test the hypotheses. The key findings show that if the firm with a good corporate reputation discloses a high pay ratio, participants punished the good reputation firm more than the bad reputation firm, demonstrating a negative …

Does Institutional Ownership Affect Information Sharing With Independent Board Members?, Deborah D. Smith, Heidi H. Meier, Pervaiz Alam

Business Faculty Publications

Research Question This is an investigation of board independence to determine whether management shares information with the board, or withholds information to retain autonomy. A key contribution is to examine the interaction of institutional ownership with the main test variables to determine whether institutional governance influences the information environment as board independence is increased. Research Findings The results show that information asymmetry decreases internally and increases externally as board independence increases, yet institutional ownership appears to moderate or reverse this relationship. The following variables are used to explain why managers of firms are likely to have more information than outsiders: …

Bush, Elkanah Turner, 1832-1900 (Mss 667), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid and full-text scans of scrapbooks (Click on "Additional Files" below) for Manuscripts Collection 667. Account book kept by Elkanah Turner Bush for a grocery/general store in Bowling Green, Kentucky. Subsequently the account book was used by John D. Read of Sumner County, Tennessee to record information about his Sumner County, Tennessee farm.

Borderless With Unequal Opportunity? Experts’ Perspectives On The Asean Economic Community And Impact On Indonesian Accountant Profession, Desi Adhariani, Sylvia Veronica Siregar, Rini Yulius

The Qualitative Report

The ASEAN Economic Community (AEC), a regional integration in Southeast Asia that started at the end of 2015 and is expected to bring new challenges and opportunities. However, an assessment of the capabilities of Indonesian management accountants suggests that they may struggle with challenges because of the free flow of skilled labour. In this study, we aimed at presenting and analysing Indonesian experts’ perspectives on the readiness of management accounting professionals in Indonesia to work in the new economic era. It also provides recommendations for improvements in the profession. This research uses in-depth interviews as well as questionnaires distributed to …

Account Books - Barren County, Kentucky (Mss 666), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Collection 666. Two account books for mercantile establishments in Barren County, Kentucky. One, 1832-1833, contains accounts for what is believed to be a general store. The other, 1902-1903, is believed to be an account book for the South Kentucky Oil Company which was selling items such as coal, kerosene, cement, and other oil field products.

Case Studies Of Accounting Concepts And Methodologies, Bruce Senter

Honors Theses

Instead of the traditional honors thesis that is written during a winter internship and communicated to the dean throughout the course of work, the following alternative thesis is composed of twelve individual case studies that were drawn from the course Accountancy 420. The course, led by Dr. Victoria Dickinson, was scheduled in a way that the cases were worked on in conjunction with professional meetings and presentations, in which members of accounting firms or various other businesses would discuss topics relating to the current state of accounting, their specific industry, and how the two intertwine. The case studies all required, …

Auditing Standards Board (Asb) Meeting Highlights May 20-23, 2019 Nashville, Tn, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Auditing Standards Board (Asb), Meeting Agenda, May 20-23, 2019, Nashville, Tn, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Spring Meeting Of The Council Of The American Institute Of Certified Public Accountants, May 19-21, 2019, Washington, Dc,With Index, Volume 2, American Institute Of Certified Public Accountants. Council

Association Sections, Divisions, Boards, Teams

No abstract provided.

Spring Meeting Of The Council Of The American Institute Of Certified Public Accountants, May 19-21, 2019, Washington, Dc , Volume 1, American Institute Of Certified Public Accountant. Council

Association Sections, Divisions, Boards, Teams

No abstract provided.

Spring Meeting Of The Council Of The American Institute Of Certified Public Accountants, May 19-21, 2019, Washington, Dc, Volume 2, American Institute Of Certified Public Accountants. Council

Association Sections, Divisions, Boards, Teams

No abstract provided.

Valuation Of Ani Pharmaceuticals, Inc., Carmen Borgen

Dissertations, Theses, and Projects

In depth valuation and analysis of ANI Pharmaceuticals using qualitative and quantitative data.

Financial Analysis And Valuation Of Vista Outdoor, Inc, Cyrille Litche

Dissertations, Theses, and Projects

This report presents the financial analysis of Vista Outdoor Inc, a Minnesota based company that operates through the Outdoor Products and Shooting Sports segments. The purpose of this analysis is to provide a valuation of the company based on recent financial data and to make an investment recommendation based on a specific stock closing date.

Financial Analysis Of Otter Tail Corporation, Shawn Tykwinski

Dissertations, Theses, and Projects

Otter Tail is a holding company with 5 subsidiaries residing in three different business segments: electric, which includes the production, transmission, distribution and sale of electric energy; manufacturing, which consists of businesses in the manufacturing contract machining, metal parts stamping, fabrication and painting, and production of material and handling trays and horticultural containers; and plastics, which consists of businesses producing polyvinyl chloride pipe. The electric segment provided electricity to more than 130,000 customers in western Minnesota, eastern North Dakota and northeastern South Dakota. The investment recommendation given in this report was based on a Corporate Valuation Model that discounts free …

Financial Analysis And Valuation Of Christopher And Banks Corp.,, Mona Barhouma

Dissertations, Theses, and Projects

This project report entitled to “Financial Analysis and Valuation of Christopher and Banks Corporation.” The main objective of the study is to analyze the financial position of the company for the past five years from 2014 to 2018, in contrast to, its main peer company “Chico’s Inc.,” and to study a 5-year stock price performance as of March 29,2019. The historical financial data were collected from the company’s annual 10 ks. The balance sheet, Income Statement, and Cash Flow Statement are forecasted for the next four years from 2020 to 2023. Financial metric used to measure the financial performance of …

Financial Analysis: Sleep Number Corporation, Trevor Brandner

Dissertations, Theses, and Projects

Financial Analysis: Sleep Number Corporation

Open Meeting Agenda, May 15, 2019, Seattle, Wa, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Open Meeting Minutes, May 15, 2019, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Loan Purpose And Accounting Based Debt Covenants, Daniel Gyung Paik, Timothy L. Hamilton, Brandon Byunghwan Lee, Sung Wook Yoon

Accounting Faculty Publications

Purpose

The purpose of this paper is to investigate the association between the purpose of a loan and the type of debt covenants, separated into balance sheet-based and income statement-based covenants.

Design/methodology/approach

Using private loan deal observations obtained from the DealScan database over the period between 1996 and 2013, the authors classify the sample loan deals into three categories based on the purpose of borrowing, namely, borrowings for corporate daily operating purposes, financing purposes and acquisition and investing purposes. The authors conduct multinomial logistic regression analysis to test the relationship between the choice of financial ratios in a debt covenant …

Case Analyses Of Accounting Concepts And Methodologies By William Freeman, William Freeman

Honors Theses

The purpose of this honors thesis is to study different areas of accounting and create a deeper understanding of accounting in the real world. The University of Mississippi provides Sally McDonnell Barksdale Honors College Graduate the opportunity to craft a final thesis based on twelve different case studies. These case studies go on to cover real life topics from specific companies accounts receivable to stockholder’s equity and other areas in between. Along with these case studies, Honors Accountancy students compete in two case competitions where they are challenged with creating a plan to address different accounting issues. The plans are …

Case Study Of Various Financial And Managerial Accounting Issues, Thomas J. Phillips

Honors Theses

This thesis is different from the traditional thesis done for the Honors College. This thesis took place over the course of 2 semesters of classes in Accounting 420. Dr. Vicki Dickinson led this class and helped shape our professional development in the field of accounting. The cases were not the only part of the thesis. Every other week of the class an accounting firm would come visit. They would have a slideshow and guest speaker and discuss accounting related topics that were relevant to the field. Afterwards there was always an opportunity to network with the professionals. There were also …

Analysis Of Financial Accounting Procedures And Reporting Topics, Janey Fielden

Honors Theses

This thesis contains a series of case studies completed throughout the 2017-2028 school year. These case studies divulge into theories and concepts within financial reporting and accounting. By completing this series of cases, I not only saw how transactions were made due to real-world scenarios, yet also learned why we make these journal entries. The purpose of this research was to become familiar with everyday accounting concepts and how to use them for more complex situations. This thesis will be quite different than most theses submitted to the Sally McDonnell Barksdale Honors college, as this covers a wide-range of topics …

Maximizing The Return On Investment For College Marching Bands, Brandon S. Alt

Honors Projects

This report outlines the findings from a study conducted of the income and budgets of college marching bands for the 2017-2018 academic year. The study was conducted with members of the College Band Directors National Association using their Athletic Band listserv. Participants were asked questions about their marching band’s income, expenditures, use of development funds, and their school and band’s demographics. The data is then analyzed to highlight trends within the data, and to generate recommendations for how marching bands can improve their budgets. Study limitations are also discussed.

Existing literature surrounding funding and budgeting issues is also reviewed, including …

An Analysis Of The United States Accounting Codification Through Practical Case Studies, Samuel Harres

Honors Theses

This document contains a collection of case studies that illustrate real-world accounting issues. These cases, 11 in all, involve both real and fictional companies and their accompanying financial statements. Each of these cases studies a specific accounting question –ranging from revenue recognition to valuing accounts receivable, among others– and requires a mix of factual responses and opinion synthesis. The cases blend analysis of various subfields within accounting, including general risk assessment and financial studies, and provide students with a broad overview of the field. Producing this thesis granted me valuable insight into current issues within the field of accounting as …

An Exploration Of Accounting Issues Through A Series Of Case Studies, Ashley Nicole Theresa Irons

Honors Theses

This work is a detailed compilation of accounting case studies that examines key accounting concepts and issues. Its purpose is to primarily explore accounting practices and methods by applying these concepts in order to analyze financial statements of existing companies. Each case study highlights a different accounting issue. This work also serves the purpose of exploring accounting concepts and technologies through research outside of case studies. Research was conducted in order to utilize the most current, accurate, and appropriate accounting principles and concepts in order to complete this work. Additionally, each topic presented throughout the series of case studies was …