Accounting Commons^™

The Implication Of Us Gaap And Ifrs Convergence On American Business, Austin Willmore

Bridges: A Journal of Student Research

The purpose of this work is to discuss the ongoing process of convergence between IFRS and GAAP. It addresses some of the limitations of previous research related to this topic: namely, gives a more recent perspective than is currently available, and also discusses various aspects of the project in a single paper. This paper addresses the timeline of the project, the costs that it presents, the status of the convergence effort, and discusses possible outcomes of these efforts. This research compares, contrasts, and analyzes IFRS and GAAP in several key areas that were (or are still) keeping the standards apart.

How College Business Students Learn With Emphasis On Differences Between Majors, Nikki Shoemaker, Marie Kelly

Faculty Publications

Students' learning styles play an important role in their success in the classroom and beyond. This study explores the learning styles of business students so that professors can better understand the instructional methods that are most beneficial for their students. A survey of 205 business students in an introductory accounting course revealed that the most common learning style was visual, while the second most common learning style was kinesthetic. These results suggest that a large number of business students process and internalize new information best when they see or actively participate in what they are learning.

Fiscal Health Analysis Of Texas And Its Municipalities, Mary Fischer, Treba Marsh, Esther Bunn

Faculty Publications

Recently insolvent municipalities have declared bankruptcy when they are unable to meet their bond debt or pay their outstanding liability obligations. This analysis looks at the fiscal health of Texas municipalities who have issued debt in the past two years to identify those suffering financial stress that would possibly result in the municipality seeking bankruptcy to resolve its fiscal issues.

This investigation analyzes the State of Texas and local municipalities fiscal health using the revised Altman Z-Score with the governments annual financial report data. Additional analysis relating the Z-score to entities bond rating is reported. These findings provide an effective …

Financial Statement Racing, Marie Kelly, Nikki Shoemaker

Faculty Publications

This paper describes an active learning activity called Financial Statement Racing. This game has been used in several introductory financial accounting courses to help students understand the normal balances and financial statement classifications of multiple financial statement accounts. The activity encourages students to work together in a team to place racecars on the appropriate financial statement racetrack in the correct debit or credit lane. These teams compete against other teams in the class to try to win the race to the end of the financial statement racetrack.

Real-World Flowcharting Willy Wonka Style!, Kelly Noe

Faculty Publications

The purpose of this paper is to discuss the development, implementation and outcome of a field-based learning flow-charting project that was conducted in an accounting information systems (AIS) course. The emphasis for the project was strengthening the students' critical thinking skills. This paper advances AIS education by sharing a field-based learning project geared toward AIS.

2015 Oklahoma Research Day Full Program, Northeastern State University

Oklahoma Research Day Abstracts

This document contains all abstracts from the 2015 Oklahoma Research Day held at Northeastern State University.

Ceo Equity Incentives And Audit Fees, Yongtae Kim, Haidan Li, Siqi Li

Accounting

This study examines whether CEO equity incentives have an impact on audit pricing. Prior studies investigate whether CEO equity incentives motivate executives to manage earnings for personal financial gains. Our focus is on whether auditors perceive CEO equity incentives to be associated with greater earnings manipulation risk and incorporate such risk in their pricing decisions. We find that CEO equity portfolio vega is positively related to audit fees after controlling for other determinants of audit fees, while equity portfolio delta is not significantly related to audit fees. This result holds after we account for potential endogeneity. The evidence suggests that …

The Case Of The Frequent Flyer Fraudster, John Delaney, Martin Coe, Jeffrey Coussens, Michael Reddington

Accounting: Faculty Scholarship & Creative Works

This case, based on a real fraud, engages students in a fraud investigation learning activity with a focus on interrogation. Students analyze an interrogation, identify and discuss verbal and nonverbal cues to deception, discuss legal ramifications of conducting fraud examinations, and develop recommendations to improve internal controls. The intended audience is a fraud examination course.

Ole Miss Accountant – 2015, University Of Mississippi. School Of Accountancy

Ole Miss Accountant

Cover story: Roland Burns Enters Hall of Fame

2015-2016 Operating Budget, Morehead State University. Budget & Financial Planning Office.

Morehead State University Operating Budgets Archive

2015-2016 Operating Budget of Morehead State University.

Accounting Administrator Perceptions Of Impediments To Seeking Aacsb Accounting Accreditation, Michael E. Bitter, Laurie J. Henry

Accounting Faculty Publications

As of April, 2012, only 168 U.S. institutions had attained and maintained AACSB accounting accreditation. Our objective was to determine why more U.S. institutions have chosen not to pursue AACSB accounting accreditation by identifying accreditation-related issues that are perceived to reduce an institution’s interest in seeking and/or ability to attain it.

Surveys were returned by 103 of the 303 accounting program administrators at U.S. institutions with AACSB business (but not accounting) accreditation. The 86 respondents from units not pursing accounting accreditation neither agreed nor disagreed attainment of accounting accreditation would be valued by their institution’s internal constituencies or would enhance …

Lost Opportunities: The Underuse Of Tax Whistleblowers, Sarah J. Webber, Karie Davis-Nozemack

Accounting Faculty Publications

Legal literature on whistleblower programs often assumes an agency’s ability to effectively use a whistleblower tip. This article challenges that assumption in the context of tax enforcement by exposing the Internal Revenue Service’s dismal performance. The article uses Fourth Amendment jurisprudence, taxpayer privacy law, as well as whistleblower and tax enforcement literature to propose a new approach to using information from tax whistleblowers.

Do Industry Specialist Auditors Add Value In Mergers And Acquisitions?, Ho-Young Lee, Vivek Mande, Jong Chool Park

Accounting Faculty Publications

This study examines whether the stock market returns surrounding announcements of mergers and acquisitions (M&A) are higher for acquiring firms audited by industry specialists. External auditors are uniquely positioned to provide assurance on the financial statements of their acquiring clients both before and after an acquisition. Also, an important aspect of due diligence in M&A transactions is the external auditors review of the accounting records, financial statements, internal controls and information systems of the target company. Using a sample of 4,283 M&A announcements between 1988 and 2011 in the United States of America, we report the results from our main …

Preparing For The Looming Changes In Lease Accounting, Dennis Chambers, James Dooley

Faculty Articles

Donald Rumsfeld famously stated, “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don’t know. But there are also unknown unknowns. There are things we don’t know we don’t know.” Rumsfeld’s statement can be applied to our state of knowledge regarding the accounting for operating leases in the future. There is general agreement (that is, a “known known”) that new standards will require lessees to report most of the assets and related liabilities associated with operating leases on the balance sheet—a significant …

Comparing Business Law In Online And Face-To-Face Formats: A Difference In Student Learning Perception, Mary Catherine Cleaveland, Cristen Dutcher, Kathryn Epps

Faculty Articles

This paper extends the body of research investigating potential differences in face to face and online delivery of a business law course. Using a unique survey, it investigates student perceptions of their learning and understanding of key course concepts, as well as student satisfaction with the course and course instruction. Further, the paper explores the specific characteristics of online versus face to face students that may impact their satisfaction.

2014-2015 Morehead State University Audit Report, Morehead State University. Accounting And Financial Services Office.

Morehead State University Audit Reports

2014-2015 Audit Report for Morehead State University.

Isca Pre-Budget Survey 2015, Clarence Goh

Research Collection School of Accountancy

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body ofSingapore. ISCA’s vision is to be a globally recognised professional accountancy body, bringing valueto our members, the profession and wider community.

U.S. Gaap Financial Statements Best Practices In Presentation And Disclosure, 2015, 69th Edition; Accounting Trends & Techniques, American Institute Of Certified Public Accountants (Aicpa)

Accounting Trends and Techniques

No abstract provided.

What Do Institutional Investors Know And Act On Before Almost Everyone Else: Evidence From Corporate Bankruptcies, Elena Precourt, Henry Oppenheimer

Accounting Department Faculty Journal Articles

We analyze investment behavior of institutional managers who hold and trade shares of firms that file for bankruptcy. We find that during the five-year period preceding a bankruptcy filing, institutional investors (except those managing investment companies) are net buyers with a positive abnormal net number of shares traded during the period. Institutional managers start to sell shares of bankrupt firms sooner in some firms than in others; these earlier sales are of smaller firms with weaker operating performance, and lower equity risk. We do not find evidence that institutional stockholders trade strategically and avoid material price declines before they occur.

Promoting Professional Skepticism In The Audit Environment, Mary C. Parlee

2015

The objective of this dissertation is to examine professional skepticism in the audit environment and identify methods to promote professional skepticism in an overall effort to improve auditor judgment and decision making. This dissertation is made up of three studies, and each study’s purpose, methodology, and findings are summarized below.

The purpose of the first study is to examine the potential for simple metaphors to prime professional skepticism during an auditor’s professional judgment process. I empirically examine the effectiveness of using metaphors as non-conscious primes to activate a skeptical mindset. The results indicate that priming a skeptical mindset does in …

Performance Feedback In The Audit Environment, Lindsay Metcalfe Andiola

2015

This dissertation consists of three studies that investigate key elements related to performance feedback and effective coaching in the audit environment. The first study presents a framework based on prior research in the psychology and management literatures on the behavioral effects of performance feedback. This framework is then used to organize and synthesize the literature on feedback in the audit setting, and develops topics for further study.

The second and third studies are empirical investigations of performance feedback provided during the audit review process. The second study uses an experiential questionnaire to examine the perceptions of subordinate auditors based on …

The Impact Of Collective Intelligence And Honest Signaling On Fraud Brainstorming Effectiveness: A Sociometric Investigation Using Wearable Sensor Technology, Allen Hartt

2015

This dissertation investigates the impact of collective intelligence and honest signaling on the fraud risk brainstorming effectiveness of audit groups. Emerging research in psychology shows that collective intelligence, which captures the general ability of a group to perform a wide variety of tasks, is a strong predictor of group performance. Honest signals are nonverbal communication cues that are either so costly to make or difficult to suppress that they are reliable in signaling intent.

The first study of this dissertation provides a summary of extant literature examining collective intelligence and honest signaling, with an emphasis on those studies that have …

The Relationship Between Accounting Processes And Interpersonal Trust Within Organizations, Jace B. Garrett

2015

Trust is an increasingly critical determinant of organizational success. This dissertation consists of three studies investigating the relationship between firms’ accounting processes and interpersonal trust. Using survey data from Great Place to Work® Institute, the first study investigates the association between trust (i.e., employees’ trust in management) and three aspects of financial reporting: accruals quality, misstatements, and internal control quality. Results suggest that trust is associated with better financial reporting quality. However, these effects are not uniform across companies. Consistent with trust improving financial reporting quality through improved information production and information sharing, results suggest that trust is significantly associated …

Ua3/2/1 President's Office-Garrett Correspondence/Subject File, Wku Archives

WKU Archives Collection Inventories

General correspondence and subject files regarding Western Kentucky University.

تأثير المزيج الترويجي للخدمات المصرفية في تحقيق رضا الزبون دراسة تحليلية لأراء عينة من الزبائن في بعض المصارف الاهلية في مدينة الديوانية, حيدر حمزه صالح

Muthanna Journal of Administrative and Economics Sciences

لقد تناول البحث الحالي احد العناصر الاساسية والحيوية في العمل التسويقي للمنظمات المصرفية من خلال استعراض احد الانشطة المهمة والمؤثرة في تحقيق اهدافها التسويقية والمتمثل بالمزيج الترويجي الذي يشتمل على خمسة متغيرات هي ( الاعلان، البيع الشخصي، تنشيط المبيعات، العلاقات العامة والنشر) وهدف البحث الى دراسة واقع المزيج الترويجي في المصارف الاهلية . واعتمد البحث جمع البيانات من عينة شملت (5) مصارف اهلية في مدينة الديوانية ، ولتحقيق هدف البحث قام الباحث بتوزيع استبانة عدت لهذا الغرض على مجتمع البحث المكون من الزبائن التابعة لهذه المصارف وشملت (78 ) زبون. وفي ضوء دلك جرى جمع و تحليل البيانات و اختيار …

General Strain Theory As A Predictor Of Occupational Fraud, Timothy Bergsma

Walden Dissertations and Doctoral Studies

The world economy loses an estimated $3.5 trillion annually due to fraud. A weakened economy leads to additional hardships for individuals, families, and organizations. General strain theory (GST) posits that certain strains lead to negative emotional responses, and the result is delinquent behavior. The purpose of this research was to analyze the relationship between strain and occupational fraud through the theoretical framework of GST. The research questions addressed (a) occupational frauds as measured by strain levels of perpetrators, (b) the relationship between strain scores and the different occupational fraud types, and (c) the significance of the relationship between fraud motivation …

What Do Auditors Promise Their Governmental Audit Clients? What Do Governmental Audit Clients Want? Audit Proposal Evidence From Governmental Audit Procurement Processes, Yu-Tzu Chang

Theses and Dissertations--Accountancy

This dissertation, consisting of two studies, analyzes a dataset of audit proposals to investigate auditors’ impression management strategies and audit procurement quality in the public sector. Text based analytic methods are employed to examine the content of audit proposals, which were submitted for government audit engagements in fifteen states.

The first study investigates auditors' marketing language and hypothesizes that CPA firms will project a cooperative, non-independent image in audit proposals to impress potential clients. The results suggest that CPA firms, especially larger ones, project a persona of a cooperative and trustworthy service provider than to present themselves as independent auditors. …

An Action Plan For Implementing Responsible Management Education In Business Schools In The Uk And Ireland, Maeve O'Connell, Lorraine Sweeney

Other resources

Recent corporate scandals have resulted in criticism of business schools for graduating students who put too much emphasis on shareholder value and profit maximisation but neglect the broader social and environmental context in which businesses operate. The Principles for Responsible Management (PRME) are a set of voluntary standards developed in 2007 under the coordination of the UN Global Compact, to address weaknesses in ethical education. This paper reviews the context of the PRME principles and UK and Irish school signatories’ approaches to implementation through a review of their reports to PRME to outline the range of options available to a …

إشكالية العلاقة بين التنمية الاقتصادية وعدم الاستقرار السياسي في البلاد النامية (العراق أنموذجا), رشيد باني الظالمي, غسان طارق ظاهر

Muthanna Journal of Administrative and Economics Sciences

تناول موضوع البحث إثبات العلاقة القوية بين مشاريع التنمية والوضع السياسي في أي بلد. إن البلدان التي تعيش استقرارا سياسياً يمكنها أن تطبق برامج تنموية ناجحة، أما البلدان التي تعيش فوضى سياسية فإن مشاريعها التنموية سوف يصيبها الفشل وهذا ما تم إثباته في العراق من خلال البحث.منذ تأسيس الدولة العراقية والانقلابات العسكرية والحرب الأهلية لم تعرف الركود، وكانت فترة الحرب العراقية الإيرانية وحرب الكويت حتى هذا اليوم من أسوء الفترات التي عاشها المجتمع العراقي. إن عدم الاستقرار السياسي في العراق يعني غياب القانون وفوضى الأمن وتبديد الثروة، وهجرة أصحاب رؤوس الأموال، وكذلك يعني كما جاء في البحث غياب الخطط والبرامج …

التمكين النفسي: ثروة لتعزيز السلوك الريادي دراسة تحليلية لآراء عينة من تدريسي جامعة المثنى, كمال كاظم طاهر الحسني

Muthanna Journal of Administrative and Economics Sciences

تهدف الدراسة الى تمييز الدور الذي يمارسه التمكين النفسي في السلوك الريادي . تضمن التمكين النفسي اربعة ابعاد هي : المقدرة، المعنى، الكفاءة الذاتية والاثر. تمثلت عينة الدراسة بـ (80) تدريسي في ثلاث كليات في جامعة المثنى . اظهرت نتائج الدراسة وجود مستوى جيد من التمكين النفسي المدرك من قبل عينة الدارسة في كل الكليات المبحوثة وكانت القيمة العليا للتأثير ، المقدرة ، المعنى والاستقلالية . السلوك الريادي ايضا بلغ مستوى عالي للمتوسط الحسابي . اما اهم الاستنتاجات التي توصلت لها الدراسة هو وجود تأثير مهم للتمكين النفسي على السلوك الريادي .