Accounting

Auditing Standards Board (Asb) Meeting, July 31- August 2, 2012, Minneapolis, Mn; Highlights (Asb) Meeting, July 31- August 2, 2012, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Letter From Patricia Thompson, Cpa, Chair, Aicpa Tax Executive Committee, To Ruth Perez, Deputy Commissioner, Small Business/Self-Employed Division, Internal Revenue Service, Re: Conference Call Regarding Forms 1099-B And The Reporting Of A Customer's Basis When A Security Is Sold., Patricia A. Thompson, American Institute Of Certified Public Accountants. Tax Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Letter From Patricia A. Thompson, Chair, Aicpa Tax Executive Committee, To Lisa Zarlenga, Tax Legislative Counsel, Department Of The Treasury, Re: Comments On The Definition Of Issue Under Consideration--Certain Foreign Corporations Contained In Rev. Proc. 2011-14, Section 3.09(4) And Rev. Proc. 97-27 Section 3.08(4)., Patricia A. Thompson, American Institute Of Certified Public Accountants. Tax Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Letter From Patricia A. Thompson, Cpa, Chair, Aicpa Tax Executive Committee, To Douglas H. Shulman, Commissioner, Irs, Re: Irs Announcement On June 22, 2012, Regarding Interim Changes To The Individual Taxpayer Identification Number (Itin) Application Process., Patricia A. Thompson, American Institute Of Certified Public Accountants. Tax Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Assurance Services Executive Committee. Emerging Assurance Technologies Task Force Audit Data Standard, July 18, 2012, Comments Requested By September 17, 2012; Exposure Draft (American Institute Of Certified Public Accountants), 2012, July 18, American Institute Of Certified Public Accountants. Assurance Service Executive Committee. Emerging Assurance Technologies Task Force

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

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Letter From Patricia A. Thompson, Cpa, Chair, Aicpa Tax Executive Committee, To Andrew Keyso, Jr., Associate Chief Counsel (Income Tax & Accounting), Internal Revenue Service, Re: Recommendation For Modification Of Rev. Proc. 2011-18 Concerning The Accounting Method For Income From Gift Card Receipts., Patricia A. Thompson, American Institute Of Certified Public Accountants. Tax Executive Committee Cc:

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Hines, John, 1771-1853 (Sc 478), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid and scan (Click on "additional files" below) for Manuscripts Small Collection 478. Photocopy of account book of John Hines, a general merchant in Bowling Green, Kentucky. The original account book covered from 1828 to 1835, but was so fragile only a portion was
photocopied.

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Letter From Patricia A. Thompson, Cpa, Chair, Aicpa Tax Executive Committee, To Dave Camp, Chairman, House Committee On Ways & Means, And Sander M. Levin, Ranking Member, House Committee On Ways & Means, Re: Support For H.R. 5630, Fighting Tax Fraud Act Of 2012., Patricia A. Thompson, American Institute Of Certified Public Accountants. Tax Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Letter From Thomas Burrage, Cpa, Chair, Aicpa Forensic And Valuation Services Executive Committee, To Appraisal Standards Board, The Appraisal Foundation, Re: Exposure Draft Of The Proposed Changes To The 2014-15 Edition Of The Uniform Standards Of Professional Appraisal Practice (Uspap)., Thomas Burrage, American Institute Of Certified Public Accountants. Forensic And Valuation Services Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Re: Comments On Proposed And Temporary Regulations Under Sections 162(A), 168, And 263(A) Regarding Deduction And Capitalization Of Expenditures Related To Tangible Property (Reg-168745-03 And Td 9564) And Revenue Procedures 2012-19 And 2012-20, American Institute Of Certified Public Accountants. Repair Regulations Task Force

Association Sections, Divisions, Boards, Teams

No abstract provided.

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Auditor's Consideration Of An Entity's Ability To Continue As A Going Concern (Redrafted); Statement On Auditing Standards, 126, American Institute Of Certified Public Accountants. Auditing Standards Board

Statements on Auditing Standards

No abstract provided.

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Converging Transnational Financial Reporting Standards: Validating The Joint Fasb/Iasb Concept Of Information Quality, Jim Watkins

Doctoral Dissertations

Accelerating cross-border investing activity transformed global financial markets during the latter part of the 20th century. Due to lack of trans-cultural consistency comparability in financial reporting was compromised hindering multinational investment. In light thereof there is a movement afoot among international authorities to converge national financial reporting standards into a single international financial reporting system. In September 2010 Financial Accounting Standards Board and International Accounting Standards Board agreed on a concept of information quality to guide formulation of internationally acceptable financial reporting standards. The Boards' goal is sustenance of local relevance while achieving transnational comparability. Toward that end, instead of …

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Depository And Lending Institutions: Banks And Savings Institutions, Credit Unions, Finance Companies And Mortgage Companies, With Conforming Changes As Of July 1, 2012; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

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Executive Compensation And Regulation Imposed Governance: Evidence From The California Non-Profit Integrity Act (2004), Tharindra Ranasinghe, S. Khumawala, S. Mishra, S. Dhole

Research Collection School Of Accountancy

No abstract provided.

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Comment Letters On Omnibus Proposal, Aicpa Professional Ethics Division, Proposed Revised And New Interpretations And Proposed Deletion Of Ethics Rulings, June 29, 2012, Comments Are Requested By August 31, 2012, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

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Proposed Statements On Standards For Accounting And Review Services, Association With Unaudited Financial Statements, Compilation Of Financial Statements, Compilation Of Financial Statements—Special Considerations, June 29, 2012, Comments Are Requested By August 31, 2012, Comment Deadline Extended To November 30, 2012; Exposure Draft (American Institute Of Certified Public Accountants), 2012, June 29, American Institute Of Certified Public Accountants. Accounting And Review Services Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

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Omnibus Proposal, Aicpa Professional Ethics Division, Proposed Revised And New Interpretations And Proposed Deletion Of Ethics Rulings, June 29, 2012, Comments Are Requested By August 31, 2012 Comment Deadline Extended Until November 30, 2012; Exposure Draft (American Institute Of Certified Public Accountants), 2012, June 29, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

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Comment Letters On Proposed Statements On Standards For Accounting And Review Services, Association With Unaudited Financial Statements, Compilation Of Financial Statements, Compilation Of Financial Statements—Special Considerations, June 29, 2012, American Institute Of Certified Public Accountants. Accounting And Review Services Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

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Clark, W. M. (Sc 2554), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Small Collection 2554. W. M. Clark's record book detailing his purchases and finances, including daily entries of purchases made and items sold. Items listed include hay, gasoline, animals, and food.

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Pv Costs Overestimated - High-Impact Innovation, Nevada Institute For Renewable Energy Commercialization (Nirec)

Nevada Newsflash

Current accounting methods often over-estimate the lifetime costs of generating electricity from solar panels, according to “Reconsidering the Economics of Photovoltaic Power.” This new working paper, written by 10 authors with insight into the economics of solar power, appeared on the website Bloomberg New Energy Finance (BNEF).

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Analyst Vs. Market Forecasts Of Earnings Management To Avoid Small Losses, Michael Eames, Yongtae Kim

Burgstahler and Eames (2003) present evidence that analysts commonly anticipate earnings management to avoid small losses, but often incorrectly predict its occurrence. Here we consider whether the market's behavior mimics that of analysts. Our results suggest that analysts exhibit more forecast optimism in their zero earnings forecasts than in their other small earnings forecast levels, and markets exhibit less relative optimism at this point. At the 271-360 day forecast horizon, we find a reduction in the earnings response coefficient at analysts' zero earnings forecasts and interpret this as reflecting less optimism in market earnings forecasts than in analyst forecasts when …

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Small Business Sustainability: What Is The Cpa’S Role?, Kimberly J. Webb, Thomas G. Hodge, James H. Thompson

All Faculty Scholarship for the College of Business

The purpose of this paper is to provide information for both small businesses and CPAs concerning the importance and possible impact of sustainability reporting and practices on each group. The sustainability reporting process not only considers the economic bottom line, but also includes consideration of how a business impacts society and the environment. The challenges involved in establishing sustainable practices and reporting will be significant. The push for businesses to become more sustainable is a market-driven phenomenon in which consumers are increasingly shopping for products and services provided by companies that practice sustainability. Large multinational corporations are placing greater pressure …

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Does Corporate Governance Influence Misstatement Disclosure Timeliness?, Rapheal Joseph Hamilton

Business Administration - Dissertations

The relationship between corporate governance and firm disclosure for firms in crisis, specifically firms in violation of GAAP, may differ from the relationship demonstrated in prior literature between governance and voluntary disclosure. An emerging stream of disclosure literature assumes that the relationship between corporate governance and misstatement disclosure choices mirror that found in prior voluntary disclosure literature though no study has empirically demonstrated that a similar relationship exists. Using a sample of 302 accounting irregularities disclosed between 2000 and 2006, I investigate the role of corporate governance, including both internal and external mechanisms, in influencing misstatement disclosure timeliness. I provide …

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Are Us Economic Variables Useful For Chinese Stock Market Forecasts?, Knowledge@Smu

Knowledge@SMU

It is commonly thought that the economic systems of the world's two largest economies distinct, and so one's experience may not necessarily inform the other. Yet, a new study that compares and analyses stock market data from both countries offers a contrarian view. Undertaken by a PhD candidate at SMU's Lee Kong Chian School of Business, this study was recently presented at the HU-HUE-SKBI Tripartite Conference.

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Disciplinary Effect Of Internal Control Provisions Of Sox On Corporate Governance Structures, Beng Wee Goh

Research Collection School Of Accountancy

This study examines whether the internal control provisions under the Sarbanes–Oxley Act (SOX) have a disciplining effect on the governance structures of firms. We find that audit committee members and outside directors of firms that disclose material weaknesses (MWs) under Section 302 of SOX are more likely to leave the firms compared to their counterparts in a matched sample of control firms without such weaknesses, and they lose more outside directorships than their counterparts in the control firms. These results are consistent with the notion that the labor market imposes reputational penalties for internal control failures. Although the MW firms …

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Client Conservatism And Auditor-Client Contracting, Yoonseok Zang, Chee Yeow Lim, Mark Defond

Research Collection School Of Accountancy

Auditors risk costly litigation and loss of reputation when they are associated with clients that engage in substandard financial reporting, and prior research argues that accounting conservatism reduces managements‟ tendency to misreport. Thus, we predict that client conservatism affects auditor-client contracting by reducing auditor litigation and reputation risk. Consistent with our predictions, we find that conservative audit clients are less likely to trigger auditor litigation or issue accounting restatements; and that auditors of conservative clients charge lower audit fees, issue fewer going concern opinions, and resign less frequently. Taken together, these findings are consistent with client accounting conservatism playing an …

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Maximising Tax-Related Cashflows For Smes, Teng Aun Khoo

Research Collection School Of Accountancy

SMU Associate Professor of Accounting Khoo Teng Aun compared the two options available to an SME not in a tax-paying position – cash payout (CP) or the Productivity and Innovation Credit (PIC) deduction/allowance – and concluded that whether the company should claim CP when it is incurring losses would depend on, among other considerations, its expected profitability in future years.

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R&D Reporting Rule And Firm Efficiency, Nilabhra Bhattacharya, Yoshie Saito, Ram Venkataraman, Jeff Jiwei Yu

Research Collection School Of Accountancy

US GAAP (SFAS 2) requires immediate expensing of research and development (R&D) expenditure. Critics of this rule contend that the current treatment incentivizes managers to cut essential investments in R&D to manage short-term profits, and such actions could lead to longer-term adverse consequences for firms and investors. While other observers argue that there is little rigorous research that suggests that the current accounting treatment has harmful consequences. In this study, we exploit a setting in Germany when the accounting rule for R&D reporting changed from immediate expensing (as in the U.S.) to partial capitalization when Germany adopted International Financial Reporting …

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Code Of Professional Conduct And Bylaws (Reprinted From Aicpa Professional Standards), As Of June 1, 2012, American Institute Of Certified Public Accountants (Aicpa)

AICPA Professional Standards

No abstract provided.

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Comment Letters On Proposed Changes To The Aicpa Standards For Performing And Reporting On Peer Reviews, Scope Of System Review And Must Select Engagements, June 1, 2012, American Institute Of Certified Public Accountants. Peer Review Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

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Full-Text Articles in Accounting

Auditing Standards Board (Asb) Meeting, July 31- August 2, 2012, Minneapolis, Mn; Highlights (Asb) Meeting, July 31- August 2, 2012, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

Association Sections, Divisions, Boards, Teams

Association Sections, Divisions, Boards, Teams

Association Sections, Divisions, Boards, Teams

Exposure Drafts, Comment Letters, and Statements of Position

Association Sections, Divisions, Boards, Teams

Hines, John, 1771-1853 (Sc 478), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Association Sections, Divisions, Boards, Teams

Association Sections, Divisions, Boards, Teams

Association Sections, Divisions, Boards, Teams

Auditor's Consideration Of An Entity's Ability To Continue As A Going Concern (Redrafted); Statement On Auditing Standards, 126, American Institute Of Certified Public Accountants. Auditing Standards Board

Statements on Auditing Standards

Converging Transnational Financial Reporting Standards: Validating The Joint Fasb/Iasb Concept Of Information Quality, Jim Watkins

Doctoral Dissertations

Depository And Lending Institutions: Banks And Savings Institutions, Credit Unions, Finance Companies And Mortgage Companies, With Conforming Changes As Of July 1, 2012; Audit And Accounting Guide, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

Executive Compensation And Regulation Imposed Governance: Evidence From The California Non-Profit Integrity Act (2004), Tharindra Ranasinghe, S. Khumawala, S. Mishra, S. Dhole

Research Collection School Of Accountancy

Exposure Drafts, Comment Letters, and Statements of Position

Exposure Drafts, Comment Letters, and Statements of Position

Exposure Drafts, Comment Letters, and Statements of Position

Exposure Drafts, Comment Letters, and Statements of Position

Clark, W. M. (Sc 2554), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Pv Costs Overestimated - High-Impact Innovation, Nevada Institute For Renewable Energy Commercialization (Nirec)

Nevada Newsflash

Analyst Vs. Market Forecasts Of Earnings Management To Avoid Small Losses, Michael Eames, Yongtae Kim

Accounting

Small Business Sustainability: What Is The Cpa’S Role?, Kimberly J. Webb, Thomas G. Hodge, James H. Thompson

All Faculty Scholarship for the College of Business

Does Corporate Governance Influence Misstatement Disclosure Timeliness?, Rapheal Joseph Hamilton

Business Administration - Dissertations

Are Us Economic Variables Useful For Chinese Stock Market Forecasts?, Knowledge@Smu

Knowledge@SMU

Disciplinary Effect Of Internal Control Provisions Of Sox On Corporate Governance Structures, Beng Wee Goh

Research Collection School Of Accountancy

Client Conservatism And Auditor-Client Contracting, Yoonseok Zang, Chee Yeow Lim, Mark Defond

Research Collection School Of Accountancy

Maximising Tax-Related Cashflows For Smes, Teng Aun Khoo

Research Collection School Of Accountancy

R&D Reporting Rule And Firm Efficiency, Nilabhra Bhattacharya, Yoshie Saito, Ram Venkataraman, Jeff Jiwei Yu

Research Collection School Of Accountancy

Code Of Professional Conduct And Bylaws (Reprinted From Aicpa Professional Standards), As Of June 1, 2012, American Institute Of Certified Public Accountants (Aicpa)

AICPA Professional Standards

Comment Letters On Proposed Changes To The Aicpa Standards For Performing And Reporting On Peer Reviews, Scope Of System Review And Must Select Engagements, June 1, 2012, American Institute Of Certified Public Accountants. Peer Review Board

Exposure Drafts, Comment Letters, and Statements of Position