Accounting Commons^™

Monitoring State-Owned Versus State-Controlled Enterprises, Knowledge@Smu

Knowledge@SMU

What’s the best way to monitor listed Chinese companies effectively? Should the Chinese government introduce more stringent corporate governance regulations to keep managers on their toes? Forget it. According to a research study by SMU accounting professor Wang Jiwei, the government is better off ditching its little black book of corporate governance reform and focusing on other ways to get results. --------------------------------------------------------------------------------

Cpa Client Tax Letter, October/November/December 2009, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Call For Papers And Conference Announcements; Accounting History: Call For Papers, Histories Of Accounting Research; 12th Annual Alternative Accounts Conference And Workshop; Accounting History: Call For Papers, The Sixth Accounting History International Conference, Accounting And The State, Wellington, New Zealand; 2nd The Balkans And The Middle East Countries International Conference On Auditing And Accounting History; Academy Of Accounting Historians Accounting Hall Of Fame/ Conference; Accounting Historians Notebook: Call For Papers, Academy Of Accounting Historians

Accounting Historians Notebook

No abstract provided.

2009 President's Report, August 2009, Cheryl S. Mcwatters

Accounting Historians Notebook

No abstract provided.

An Empirical Examination Of The Effects Of Ethics, Disclosure, And Signal Theory On Disciplinary Actions Within The Accounting Profession, Benjamin Mcmillan

Doctoral Dissertations

There has been extensive research examining the relationship between the public mission of the accounting profession and the private interests of its professionals. All professions have been offered a special place within society due to the importance of the functions they perform as well as their stated public missions. In exchange, society delegates specific rights to the professions such as exclusivity of practice, self-discipline, and self-selection of their membership. Existing research suggests that the accounting profession's private interests have potentially encroached upon its public mission.

By using the Economic Theory of the Self Regulated Profession, Disclosure Theory, and Signal Theory, …

Taxpayers' Perceptions Of Joint And Several Liability And Equitable Relief Under Sec. 6015, Karen J. Pierce

Doctoral Dissertations

The purpose of this dissertation is to ascertain taxpayers' perceptions of joint and several liability and equitable relief. Congress was aware that joint and several liability is not always fair when they passed the first innocent spouse provisions in 1971. In fiscal years 1999-2001, over 152,000 requests were filed for relief from joint and several liability, and it remains one of the top ten most litigated tax issues. The innocent spouse rules were passed to protect the public, and it is important that we understand how ordinary taxpayers feel about this area of the tax code.

For this study, an …

Comment Letters On Proposed Statement On Auditing Standards, Reporting On Compliance With Aspects Of Contractual Agreements Or Regulatory Requirements In Connection With Audited Financial Statements (Redrafted), September 30, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Forming An Opinion And Reporting On Financial Statements, Modifications To The Opinion In The Independent Auditor’S Report, Emphasis Of Matter Paragraphs And Other Matter Paragraphs In The Independent Auditor’S Report, September 30, 2009, Comments Are Requested By December 31, 2009. Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 30, 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, Special Considerations—Audits Of Financial Statements Prepared In Accordance With Special Purpose Frameworks, And Special Considerations—Audits Of Single Financial Statements And Specific Elements, Accounts, Or Items Of A Financial Statement, September 30, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Special Considerations—Audits Of Financial Statements Prepared In Accordance With Special Purpose Frameworks, And Special Considerations—Audits Of Single Financial Statements And Specific Elements, Accounts, Or Items Of A Financial Statement, September 30, 2009, Comments Are Requested By December 31, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 30, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Reporting On Financial Statements Prepared In Accordance With A Financial Reporting Framework Generally Accepted In Another Country, September 30, 2009, Comments Are Requested By December 31, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 30, 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, Reporting On Financial Statements Prepared In Accordance With A Financial Reporting Framework Generally Accepted In Another Country, September 30, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Reporting On Compliance With Aspects Of Contractual Agreements Or Regulatory Requirements In Connection With Audited Financial Statements (Redrafted), September 30, 2009,Comments Are Requested By December 31, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 30, 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, Engagements To Report On Summary Financial Statements, September 30, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Engagements To Report On Summary Financial Statements, September 30, 2009, Comments Requested By December 31, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 30, 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, Forming An Opinion And Reporting On Financial Statements, Modifications To The Opinion In The Independent Auditor’S Report, Emphasis Of Matter Paragraphs And Other Matter Paragraphs In The Independent Auditor’S Report, September 30, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Related Parties (Redrafted), September 11, 2009, Comments Are Requested By December 15, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 11, 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, Related Parties (Redrafted), September 11, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Omnibus Proposal Of Professional Ethics Division Interpretations And Rulings, September 4, 2009, Comments Should Be Received By November 6, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 4, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Auditing Accounting Estimates, Including Fair Value Accounting Estimates And Related Disclosures (Redrafted), September 4, 2009, Comments Are Requested By November 30, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 4, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Comment Letters On Omnibus Proposal Of Professional Ethics Division Interpretations And Rulings, September 4, 2009, American Institute Of Certified Public Accountants. Professional Ethics Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Auditing Standards, Audits Of Group Financial Statements (Including The Work Of Component Auditors), September 4, 2009, Comments Are Requested By December 15, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, September 4, 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, Audits Of Group Financial Statements (Including The Work Of Component Auditors), September 4, 2009, 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, Auditing Accounting Estimates, Including Fair Value Accounting Estimates And Related Disclosures (Redrafted), September 4, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Following The Financial Crisis: Risk And Opportunities For Singapore, Knowledge@Smu

Knowledge@SMU

Asian economies are showing signs of recovery, and the stock markets have rebounded, leading to optimism that the worst of the economic crisis is over. However, few are expecting a quick return to the boom years, for weakness still persists in major economies while uncertainties remain in others. Nevertheless, for those Singapore-based regional financial industry players speaking at a recent seminar organised by the Sim Kee Boon Institute of Financial Economics, they are picking up lessons learned, seeing beyond the near-term worries, and finding growth opportunities.

Market Uncertainty And Disclosure Of Internal Control Deficiencies Under The Sarbanes-Oxley Act, Yongtae Kim, Myung Seok Park

Accounting

This study examines cross-sectional differences in stock market reactions to the disclosure of internal control deficiencies under Section 302 of the Sarbanes-Oxley Act. We hypothesize that the market punishment for internal control problems will be less severe for internal control disclosure that helps reduce market uncertainty around the disclosure. We also predict that such a relation is dependent on the types of disclosure and the market's prior knowledge of the credibility of firms' financial reporting. Consistent with our hypothesis, we find that when firms disclose their internal control deficiencies, their abnormal stock returns are negatively associated with changes in market …

Cpa Client Bulletin, September 2009, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Leave Some Breathing Room For Optimal Value Creation In Asian Family-Owned Firms, Knowledge@Smu

Knowledge@SMU

Corporate governance, via the active monitoring of a company’s management by its board of directors, is an accepted practice. For publicly-listed companies controlled by families, the general perception is independent directors should actively take up the mantle of watching out for the interests and rights of minority shareholders. But, is there a possibility whereby over-zealous monitoring might crimp the growth of these family-run companies, thus, doing more harm than good? According to a new study: Yes, it does!

The Impact Of Earnings On The Pricing Of Credit Default Swaps, Dan Segal, Jeffrey L. Callen, Joshua Livnat

Research Collection School Of Accountancy

This study evaluates the impact of earnings on credit risk in the Credit Default Swap (CDS) market using levels, changes, and event study analyses. We find that earnings (cash flows, accruals) of reference firms are negatively and significantly correlated with the level of CDS premia, consistent with earnings (cash flows, accruals) conveying information about default risk. Based on the changes analysis, a 1 percent increase in ROA decreases CDS rates significantly by about 5 percent. We also find that (1) CDS premia are more highly correlated with below-median earnings than with above-median earnings and (2) CDS premia are more highly …

Accounting Hall Of Fame: Thomas R. Dyckman, Remarks, Citation And Response. New York, New York, August 3, 2009, American Accounting Association, The Ohio State University

Accounting Hall of Fame Brochures

No abstract provided.