Research in Accounting Regulation最新文献_第10页

Recalling the Public Oversight Board (1977–2002) and winners of the John J. McCloy Award 回顾公共监督委员会(1977-2002)和约翰·j·麦克洛伊奖得主

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.009

Dale L. Flesher , Andrew D. Sharp

{"title":"Recalling the Public Oversight Board (1977–2002) and winners of the John J. McCloy Award","authors":"Dale L. Flesher , Andrew D. Sharp","doi":"10.1016/j.racreg.2014.09.009","DOIUrl":"10.1016/j.racreg.2014.09.009","url":null,"abstract":"<div><p>The Public Oversight Board (POB) was an independent, private sector body that, between 1977 and 2002, monitored and reported on the self-regulatory activities of the SEC Practice Section of the Division for CPA Firms of the AICPA. In retrospect, the POB served an important developmental purpose prior to legislation that established the Public Company Accounting Oversight Board (PCAOB) in 2002. As a part of its activities, the POB began in 1989 to honor individuals who had made major contributions to auditing practice. This paper features profiles of individuals who contributed to the development of financial auditing in the United States and who were nationally recognized when the POB selected them as recipients of the John J. McCloy Award. The McCloy Award, given to recognize individual contributions to the achievement of audit excellence by the POB between 1989 and 2001, honored those who advanced the activities of the external auditing profession. McCloy, for whom the award was named, served as the POB's chairman from its inception in 1977 to 1984. As a diplomat and public servant, this non-accountant accumulated a distinguished record of service over his career. The McCloy Award winners were the exemplars of public accountability. Winners had a mix of backgrounds; some had been president or chairman of the AICPA or had won the AICPA Gold Medal for Distinguished Service. Still other McCloy winners were not involved with publicly-held clients on a regular basis, or were not practicing accountants, but whose recognition was merited because of their insistence on the public accountability of the auditing profession. Regardless, the McCloy Award recipients represent those who contributed to the effectiveness of the public auditing process in the United States. To date the PCAOB has not elected to continue the McCloy Award or to establish a similar recognition.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"26 2","pages":"Pages 204-211"},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2014.09.009","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90082389","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

A note on the effect of PCAOB inspections on the audit quality of triennial CPA firms PCAOB检查对三年注册会计师事务所审计质量的影响

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.004

Alan I. Blankley, Keejae P. Hong, David Kerr, Casper E. Wiggins

引用次数: 7

From Disconnected to Integrated tax and financial systems A post-IFRS evaluation of evolution of Tax and Financial Reporting relationships based on the French case 从分离到整合的税收和财务系统:基于法国案例的后国际财务报告准则对税收和财务报告关系演变的评价

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.002

Odile Barbe, Laurent Didelot, Arvind Ashta

{"title":"From Disconnected to Integrated tax and financial systems A post-IFRS evaluation of evolution of Tax and Financial Reporting relationships based on the French case","authors":"Odile Barbe, Laurent Didelot, Arvind Ashta","doi":"10.1016/j.racreg.2014.09.002","DOIUrl":"https://doi.org/10.1016/j.racreg.2014.09.002","url":null,"abstract":"<div><p>The globalization of financial markets has required the use of common reporting standards, notably the IFRS. These are impacting the accounting systems of many countries. However, accounting systems are also often used for national tax reporting. This creates a divergence in the reporting needs which existing accounting systems are unable to meet and some amount of duplication is therefore required for tax reporting and financial reporting. Previous studies have talked about linkages between accounting and taxation and have found aspects of their systems identical, disconnected, accounting dominated or tax dominated, and that this mix changes over time, with a definite evolutionary model. This conceptual paper, grounded in French empirics, examines whether since the new IFRS, the existing theoretical evolutionary model is adequate, and finds that it is not. It then proposes an alternative integrated accounting system to satisfy simultaneously the financial and tax reporting requirements. The integrated accounting system should result in economies.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"26 2","pages":"Pages 242-256"},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2014.09.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137060080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Auditor litigation: Evidence that revenue restatements are determinative 审计师诉讼:收入重述具有决定性的证据

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.006

Sebahattin Demirkan , Ross D. Fuerman

{"title":"Auditor litigation: Evidence that revenue restatements are determinative","authors":"Sebahattin Demirkan , Ross D. Fuerman","doi":"10.1016/j.racreg.2014.09.006","DOIUrl":"https://doi.org/10.1016/j.racreg.2014.09.006","url":null,"abstract":"<div><p>This study extends the Palmrose and Scholz (2004) general litigation and general restatements study by focusing on <em>auditor</em> litigation and <em>revenue</em> restatements. We investigate all potential accounting issues, individually, instead of by their group method, with regard to auditor litigation. The impact of the individual accounting issues implicated in restatements is of concern to auditors and audit standard setters in gauging auditor litigation risk and audit risk. It also is important for financial analysis and securities valuation because investors' losses are greater, and recovery of losses on a percentage basis is lower, when the auditor is a defendant, and especially when the auditor has a more severe, negative litigation experience (Commolli et al., 2012). We examine financial reporting lawsuits filed from 2001 to 2008 and find that revenue restatements—far more than any other kind of restatements—are associated with auditors being named defendants and also auditors experiencing a more severe, negative outcome in the litigation.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"26 2","pages":"Pages 164-174"},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2014.09.006","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137060078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Optimal approach and timeline for IFRS adoption in Vietnam: Perceptions from accounting professionals 越南采用国际财务报告准则的最佳方法和时间表:会计专业人士的看法

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.010

Duc Hong Thi Phan , Bruno Mascitelli

{"title":"Optimal approach and timeline for IFRS adoption in Vietnam: Perceptions from accounting professionals","authors":"Duc Hong Thi Phan , Bruno Mascitelli","doi":"10.1016/j.racreg.2014.09.010","DOIUrl":"10.1016/j.racreg.2014.09.010","url":null,"abstract":"<div><p>The International Financial Reporting Standards (IFRS) is attracting significant scholarly attention especially in markets where decision making on its adoption is approaching. Vietnam is one such market. This paper presents research based perceptions from Vietnamese accounting practitioners and academics with regard to the optimal approach and timeline for IFRS adoption in Vietnam. Extensive research during 2012 was conducted in Vietnam involving over 3000 questionnaires sent to Vietnamese auditors, accountants and accounting academics in relation to perceptions of IFRS and its suitability for Vietnam. A total of 728 useable responses were obtained resulting in a 24% effective response rate. A consolidated cohort from these responses indicated that IFRS adoption should be voluntary and not mandatory. Moreover the results also suggest that a moderated and slow adoption be utilized. A 5 year period of transition and preparation to IFRS implementation to better engage and migrate to the new system rather than a strict implementation deadline emerged as an indicated approach. This research and its findings will provide evidence based outcomes for Vietnam which will better prepare policy makers, accounting practitioners and educators to more effectively implement IFRS.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"26 2","pages":"Pages 222-229"},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2014.09.010","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126704616","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 20

A place for the IFRS for SMEs in the United States? 《中小型企业国际财务报告准则》在美国的地位?

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.011

Paul Pacter

引用次数: 4

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.001

Larry M. Parker

引用次数: 0

Developments in accounting regulation: A synthesis and annotated bibliography of evidence and commentary in the 2011 academic literature 会计法规的发展:2011年学术文献中证据和评论的综合和注释书目

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.007

Stephen R. Moehrle , Natalia Mintchik , Mary Beth Mohrman , Jennifer A. Reynolds-Moehrle , Mark Vargus

引用次数: 1

Litigation risk, financial reporting and auditing: A survey of the literature 诉讼风险、财务报告与审计:文献综述

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.005

Ahsan Habib , Haiyan Jiang , Md. Borhan Uddin Bhuiyan , Ainul Islam

{"title":"Litigation risk, financial reporting and auditing: A survey of the literature","authors":"Ahsan Habib , Haiyan Jiang , Md. Borhan Uddin Bhuiyan , Ainul Islam","doi":"10.1016/j.racreg.2014.09.005","DOIUrl":"10.1016/j.racreg.2014.09.005","url":null,"abstract":"<div><p>This paper surveys the literature on the determinants and consequences of securities class action lawsuits against firms and auditors from a financial reporting quality perspective. The survey is motivated by the important role that law plays in protecting stakeholders' interests against managerial misdeed. Litigation is, thus, an important topic and numerous studies investigate the determinants and consequences of firm and auditor lawsuits. The underlying premise of these studies is built on the notion that large financial and reputational penalties associated with successful securities class actions can discipline management and deter them from future wrongdoing. The survey documents that poor quality financial reporting as evidenced in earnings restatements has been the primary antecedent for class action lawsuits against the firm and auditors. Lawsuits against auditors affect audit fees, audit planning decisions and client portfolio adjustment decisions. Although significant progress has been made in terms of further understanding the causes and consequences of litigation against auditors, major challenges remain in the area of proper measurement of litigation risk.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"26 2","pages":"Pages 145-163"},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2014.09.005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87325771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 30

‘Does accounting regulation matter?’: An experience of international financial reporting standards implementation in an emerging country “会计监管重要吗?”:在新兴国家实施国际财务报告准则的经验

Research in Accounting Regulation Pub Date : 2014-10-01 DOI: 10.1016/j.racreg.2014.09.012

Mohammad Nurunnabi

引用次数: 15