Research in Accounting Regulation最新文献_第6页

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.011

William H. Black

引用次数: 0

To exempt or not to exempt non-accelerated filers from compliance with the auditor attestation requirement of Section 404(b) of the Sarbanes–Oxley Act 豁免或不豁免非加速申报者遵守《萨班斯-奥克斯利法案》第404(b)条的审计师认证要求

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.005

Kareen E. Brown , Fayez A. Elayan , Jingyu Li , Emad Mohammad , Parunchana Pacharn , Zhefeng Frank Liu

{"title":"To exempt or not to exempt non-accelerated filers from compliance with the auditor attestation requirement of Section 404(b) of the Sarbanes–Oxley Act","authors":"Kareen E. Brown , Fayez A. Elayan , Jingyu Li , Emad Mohammad , Parunchana Pacharn , Zhefeng Frank Liu","doi":"10.1016/j.racreg.2016.09.005","DOIUrl":"10.1016/j.racreg.2016.09.005","url":null,"abstract":"<div><p>We examine the stock market reaction to the SEC announcement to permanently exempt non-accelerated filers from compliance with Section 404(b) of the Sarbanes–Oxley Act. Mandatory compliance with auditor attestation under Section 404(b) is highly controversial. Using a sample of non-accelerated issuers for 2006–2011, we find a negative market reaction to the November 4, 2009 exemption announcement. However, most of the negative returns accrue to non-accelerated filers that do not voluntarily comply with Section 404(b), suggesting that auditor attestation enhances firm value. The use of a Big 4 auditor, strong analyst following, and superior internal controls over financial reporting (ICFR) are associated with positive/less negative market responses. Voluntary compliers with Section 404(b) are more likely to have a Big 4 auditor, stronger analyst coverage, effective ICFR, stronger firm performance and lower information asymmetry. Our results are consistent with firms using voluntary compliance with SOX 404(b) as a signal of superior operating performance and ICFR quality to overcome information asymmetry and therefore mitigate the negative valuation impact of the permanent exemption from auditor attestation.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"28 2","pages":"Pages 86-95"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2016.09.005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74125993","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: 5

Professionalism 专业

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.001

John D. Keyser

引用次数: 0

Teed off at Bernard Madoff? His character was provable on the golf course 对伯纳德•马多夫发火?他的品格在高尔夫球场上得到了证明

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.003

Jim Peterson

引用次数: 0

Balance sheet classification and the valuation of deferred taxes 资产负债表分类和递延税项的估值

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.004

Mark P. Bauman , Kenneth W. Shaw

引用次数: 21

Presentation formats of other comprehensive income after accounting standards update 2011-05 2011-05会计准则更新后其他综合收益的列报格式

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.009

Jung Hoon Kim

引用次数: 11

The impact of different types and amounts of guidance on the implementation of an accounting principle 不同类型和数量的指引对会计原则实施的影响

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.002

Yin Xu , Timothy Doupnik

{"title":"The impact of different types and amounts of guidance on the implementation of an accounting principle","authors":"Yin Xu , Timothy Doupnik","doi":"10.1016/j.racreg.2016.09.002","DOIUrl":"10.1016/j.racreg.2016.09.002","url":null,"abstract":"<div><p>Transfer of asset control is a central principle in the revenue recognition standard jointly developed and issued by the FASB and IASB (Boards) in 2014. Guidance with respect to this principle will be very important in applying the new standard. This study examines the effect of type and amount of guidance on the judgment of whether control has been transferred. Study participants receive different hypothetical standards and provide judgments with respect to the transfer of control in a construction-type contract case setting. Results indicate that adding guidance to the basic principle in the form of either key indicators or an illustrative example results in participants being more likely to judge the customer as having control during the construction period. Participants perceive indicators as being more useful than examples in forming their judgments. The nature of the example (affirmative or counter) does not have a differential impact on judgments when added to a principle-only standard. On the other hand, when an example is added to a standard that contains a principle and key indicators, judgments are significantly different when a counter example is present than when an affirmative example is part of the standard. This study provides the Boards with research results that may be useful in determining the type and amount of guidance to be provided in a principle-based standard.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"28 2","pages":"Pages 66-76"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2016.09.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74553778","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

Developments in accounting regulation: A synthesis and annotated bibliography of evidence and commentary in the 2015 academic literature

Research in Accounting Regulation Pub Date : 2016-10-01 DOI: 10.1016/j.racreg.2016.09.007

Stephen R. Moehrle , Laurel Franzen , Michele Meckfessel , Jennifer Reynolds-Moehrle

{"title":"Developments in accounting regulation: A synthesis and annotated bibliography of evidence and commentary in the 2015 academic literature","authors":"Stephen R. Moehrle , Laurel Franzen , Michele Meckfessel , Jennifer Reynolds-Moehrle","doi":"10.1016/j.racreg.2016.09.007","DOIUrl":"10.1016/j.racreg.2016.09.007","url":null,"abstract":"<div><p>In this paper, we synthesize in annotated bibliography form, recent regulation-related findings and commentaries in the academic literature. This annotated bibliography is one in a series of bibliographies that summarizes regulation-related academic research. We reviewed articles published in <em>The Accounting Review</em>, <em>Journal of Accounting Research</em>, <em>Journal of Accounting and Economics</em>, <em>Contemporary Accounting Research</em>, <em>Accounting Horizons</em>, <em>The Journal of Accounting, Auditing & Finance</em>, <em>Journal of Accounting and Public Policy</em>, <em>Journal of Business, Finance & Accounting</em>, <em>Auditing: A Journal of Practice and Theory</em>, and <em>Research in Accounting Regulation</em>. We annotate results of regulation-related research studies and key points from regulation-related commentaries. The literature featured some strong regulation-related threads in 2015 including the foundations of financial accounting and reporting, international financial reporting standards, Sarbanes–Oxley and the Public Company Accounting Oversight Board.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"28 2","pages":"Pages 96-108"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2016.09.007","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82035952","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

Accounting for goodwill: An academic literature review and analysis to inform the debate 商誉会计:一篇学术文献综述和分析，为辩论提供信息

Research in Accounting Regulation Pub Date : 2016-04-01 DOI: 10.1016/j.racreg.2016.03.002

He Wen, Stephen R. Moehrle

{"title":"Accounting for goodwill: An academic literature review and analysis to inform the debate","authors":"He Wen, Stephen R. Moehrle","doi":"10.1016/j.racreg.2016.03.002","DOIUrl":"10.1016/j.racreg.2016.03.002","url":null,"abstract":"<div><p>Goodwill in the accounting context represents amounts paid in excess of the fair value of the identifiable net assets for a business acquisition. The accounting for goodwill has long been a subject of debate and remains so today. Indeed, the guidance for goodwill accounting has been significantly revised by regulators twice since 2001 (2001 and 2011). Despite these recent and significant revisions, the topic is back on the Financial Accounting Standards Board (FASB) agenda as the FASB added a project to once again discuss the optimal treatment for goodwill (<span>Financial Accounting Standards Board, 2015</span>). In this paper, we seek to inform this effort by describing the evolution of accounting standards for goodwill and then synthesizing and analyzing the academic literature on goodwill accounting and reporting. Based on this historical perspective and analysis of the literature, we then assess the strengths and weaknesses of different accounting approaches for goodwill, highlight the factors affecting the process of standard-setting on goodwill, and make recommendations. Our recommendations include recommendations for the FASB about optimal guidance and recommendations for academics concerning future academic research projects that would advance the goodwill accounting debate. Hence, this paper should be of interest to regulators and standard setters, academic researchers interested in mergers and acquisitions and goodwill, and financial statement preparers and users.</p></div>","PeriodicalId":101074,"journal":{"name":"Research in Accounting Regulation","volume":"28 1","pages":"Pages 11-21"},"PeriodicalIF":0.0,"publicationDate":"2016-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.racreg.2016.03.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84330447","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: 32

Research in Accounting Regulation Pub Date : 2016-04-01 DOI: 10.1016/j.racreg.2016.03.006

Stephen R. Moehrle

引用次数: 1