Accounting Commons^™

Proposed Statement On Auditing Standards, Initial Audit Engagements, Including Reaudits—Opening Balances, February 9, 2009, Comments Are Requested By May 29, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, February 9, 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, Initial Audit Engagements, Including Reaudits—Opening Balances, February 9, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Effects Of Auditor Type And Evidence Domain Type On The Influence Of Irrelevant Internal Control Evidence And The Potential For Audit Failure, Daniel Selby

Bookshelf

Internal control systems consist of two evidence domains, automated control evidence and manual process evidence. Auditors can possess knowledge and expertise in both internal control evidence domains. But, auditors tend to possess more knowledge and expertise in one internal control evidence domain than the other internal control evidence domain. Thus, auditors have superior domain knowledge in one of the internal control evidence domains.

Auditors at large accounting firms tend to specialize in the evidence domain of automated controls (information technology auditors or IT auditors) or manual processes (financial auditors). Audit Standard 5 requires IT auditors and financial auditors to gain …

Illinois Wesleyan Students Receive Cpa Society Scholarships, Allegra Gallian ’09

News and Events (Discontinued Series)

No abstract provided.

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

Newsletters

No abstract provided.

Evidence From The Pcaob's Second Inspections Of Small Firms, Dana R. Hermanson, Richard W. Houston

Faculty Articles

The article presents information on the rule of the Public Company Accounting Oversight Board (PCAOB) which mandates the inspection of smaller auditing firms in the U.S. The small firm inspections started in 2004, and the first round of inspections revealed a large number of audit deficiencies and quality control defects. It explores the purpose of the second inspections of small auditing and accounting firms. It discusses the possible structural changes in firms inspected twice.

Engaging Students In An Accounting Class, Karen Martinis, James A. Bailey

All Faculty Scholarship for the College of Business

Many different styles exist for teaching accounting. Throughout the years, the authors applied different teaching methodologies in their accounting courses. They found that engaging students in the classroom setting helps the students to stay on task and makes the classroom experience more meaningful. This paper describes processes the authors used to enable students to actively participate in the learning process during class time.

National Corporate Governance And Corruption Prevention, Soo Ping Lim

Research Collection School Of Accountancy

No abstract provided.

Managing Information Technology Project Escalation And De-Escalation: An Approach-Avoidance Perspective, Gary Pan, Shan Ling Pan, Michael Newman

Research Collection School Of Accountancy

This paper presents an integrated theoretical process model for identifying , describing, and analyzing the complex escalation and de-escalation phenomena in software development projects. The approach-avoidance theory is used to integrate core elements of various escalation theories into a holistic, explanatory framework for the two phenomena. We use a process model to identify antecedent conditions, sequences of events, critical incidents, and outcomes over the course of a project. The analysis also operates at multiple levels: project, work, and environment. This highlights the recursive interactions between project, organizational work activities, and their contexts during the software project development process. By conceiving …

Proposed Statement On Auditing Standards, Consideration Of Laws And Regulations In An Audit Of Financial Statements, January 30, 2009, Comments Are Requested By May 29, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, January 30, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statements On Auditing Standards, Proposed Sas, Audit Evidence (Redrafted), Proposed Sas, Materiality In Planning And Performing An Audit (Redrafted), Proposed Sas, Evaluation Of Misstatements Identified During The Audit, Proposed Sas, Planning An Audit (Redrafted), Proposed Sas, Understanding The Entity And Its Environment And Assessing The Risks Of Material Misstatement (Redrafted), And Proposed Sas, Performing Audit Procedures In Response To Assessed Risks And Evaluating The Audit Evidence Obtained (Redrafted), January 30, 2009, Comments Are Requested By April 30, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, January 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 Statements On Auditing Standards, Proposed Sas, Audit Evidence (Redrafted), Proposed Sas, Materiality In Planning And Performing An Audit (Redrafted), Proposed Sas, Evaluation Of Misstatements Identified During The Audit, Proposed Sas, Planning An Audit (Redrafted), Proposed Sas, Understanding The Entity And Its Environment And Assessing The Risks Of Material Misstatement (Redrafted), And Proposed Sas, Performing Audit Procedures In Response To Assessed Risks And Evaluating The Audit Evidence Obtained (Redrafted), January 30, 2009, Comments Are Requested By April 30, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, January 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, Consideration Of Laws And Regulations In An Audit Of Financial Statements, January 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, Consideration Of Fraud In A Financial Statement Audit (Redrafted), January 28, 2009, Comments Are Requested By May 29, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, January 28, 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, Consideration Of Fraud In A Financial Statement Audit (Redrafted), January 28, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statements On Auditing Standards, Required Supplementary Information, Other Information In Documents Containing Audited Financial Statements, Other Information In Relation To The Financial Statements As A Whole, January 21, 2009, Comments Are Requested By May 15, 2009; Exposure Draft (American Institute Of Certified Public Accountants), 2009, January 21, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Comment Letters On Proposed Statements On Auditing Standards, Required Supplementary Information, Other Information In Documents Containing Audited Financial Statements, Other Information In Relation To The Financial Statements As A Whole, January 21, 2009, American Institute Of Certified Public Accountants. Auditing Standards Board

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Illinois Wesleyan Student Receives Cpa Society Scholarship, Allegra Gallian ’09

News and Events (Discontinued Series)

No abstract provided.

2008-2009 Financial Summary, Morehead State University. Budget & Financial Planning Office.

Morehead State University Financial Summaries Archive

2008-2009 Financial Summary of Morehead State University.

Gasb Statement No. 31: Why No Controversy?, George L. Hunt

Faculty Publications

Fair value reporting of investments in the financial statements of commercial enterprises is required under FASB Statement No. 115. The standard created much controversy when issued due to provisions that changes in fair values of certain investments were recognized in the operating statement. A major concern to many organizations was the volatility these recognized, but unrealized, changes in fair value would create in reported earnings. When the GASB issued Statement No. 31 requiring fair value reporting of investments there was little controversy concerning volatility to reported earnings of governmental entities, even though the standard required much broader application of fair …

Forensic Accounting, Carol L. Daniel

The Corinthian

Forensic Accounting is a special field of accounting that utilizes accounting, auditing, and investigative skills to identify and resolve legal issues. Forensic Accounting involves looking beyond the numbers, it is more than accounting work or detective work - it is a combination of the two. This paper will focus on the use of Forensic Accounting, the addition of Auditing Standards (SAS) No. 99’s 42 red flags, and the ten Statements on Auditing Standards (SAS) Nos. 102-111 and how they work together to detect fraudulent financial statements.

Early Evidence Of The Volatility Of Comprehensive Income And Its Components, Timothy L. Mccoy, James H. Thompson, Margaret A. Hoskins

All Faculty Scholarship for the College of Business

The Financial Accounting Standards Board issued Statement of Financial Accounting Standard (SFAS) No. 130 Reporting Comprehensive Income, in June 1997, effective for fiscal periods beginning after December 15, 1997. Early trends in reporting comprehensive income and its components for the Fortune 500 reveal an overwhelming preference for disclosure in the statement of changes in stockholders' equity, despite the FASB's recommendation of utilizing a combined statement of income/comprehensive income or a separate statement of comprehensive income. This disclosure tends to downplay the importance of other comprehensive income items and focus readers' attention on the traditional net income figure rather than comprehensive …

2009-2010 Operating Budget, Morehead State University. Budget & Financial Planning Office.

Morehead State University Operating Budgets Archive

2009-2010 Operating Budget of Morehead State University.

2008-2009 Morehead State Univeristy Audit Report, Morehead State University. Accounting And Financial Services Office.

Morehead State University Audit Reports

2008-2009 Audit Report for Morehead State University.

Family Structure Choice: Taxation As An Incentive To Change, Aman Khanna

The Corinthian

Traditionally defined as the union of one man and one woman charged with the responsibility of rearing children, the notion of family now includes a variety of living arrangements including non-marital cohabitation and single parents. The current study investigates individual incentives to change family structure from a person’s original status as single. This conceptual research, which is grounded in theories of marriage, proposes that federal, personal income tax is an input to change in family structure. A model of family structure change and propositions of the relationship between the federal tax and family structure are developed.

Cpa Client Tax Letter, January/February/March 2009, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Proposed Statements On Auditing Standards: Required Supplementary Information, Other Information In Documents Containing Audited Financial Statements, Other Information N Relation To The Financial Statements As A Whole; Exposure Draft (American Institute Of Certified Public Accountants) 2009, January 21, American Institute Of Certified Public Accountants. Auditing Standards Board

Statements on Auditing Standards

No abstract provided.

Effective Genealogical History: Possibilities For Critical Accounting History Research, Norman B. Macintosh

Accounting Historians Journal

This essay, following up on the recent Sy and Tinker [2005] and Tyson and Oldroyd [2007] debate, argues that accounting history research needs to present critiques of the present state of accounting's authoritative concepts and principles, theory, and present-day practices. It proposes that accounting history research could benefit by adopting a genealogical, effective history approach. It outlines four fundamental strengths of traditional history investigate only the real with facts; the past is a permanent dimension of the present; history has much to say about the present; and the past, present, and future constitute a seamless continuum. It identifies Nietzsche's major …

Margit F. Schoenfeld And Hanns Martin W. Schoenfeld Scholarship In Accounting History, Academy Of Accounting Historians

Accounting Historians Journal

No abstract provided.

Internationalizing The French Auditing Profession, Ignace De Beelde, Nathalie Gonthier-Besacier, Alain Mikol

Accounting Historians Journal

The objective of this paper is to trace the development of the French auditing profession, the commissaires aux comptes, focusing on the appearance of the large Anglo-American audit firms on the French market. The French audit market has always shown a number of peculiarities, including the continued importance of a number of local audit firms. The French auditing profession finds its roots in late 19th century company law that introduced an obligation for companies to release audited financial statements. The profession became regulated in its modern form in the 1960s. This paper attempts to explain the growing impact of the …