Accounting Perspectives最新文献_第7页

The Theater's Backstage: When Numbers Serve the Show—A Case Study on Livent (Part 2)* 剧院的后台:当数字服务于表演时——对活动的案例研究(第二部分)*

IF 1.7

Accounting Perspectives Pub Date : 2022-05-23 DOI: 10.1111/1911-3838.12313

Angélique Malo, Cynthia Courtois

引用次数: 0

Mandatory Disclosure of Engagement Partner Identity: Insights from Practice* 强制披露审计业务合伙人身份:来自实践的见解*

IF 1.7

Accounting Perspectives Pub Date : 2022-05-13 DOI: 10.1111/1911-3838.12308

Veena L. Brown, Jodi L. Gissel, Adam Vitalis

{"title":"Mandatory Disclosure of Engagement Partner Identity: Insights from Practice*","authors":"Veena L. Brown, Jodi L. Gissel, Adam Vitalis","doi":"10.1111/1911-3838.12308","DOIUrl":"10.1111/1911-3838.12308","url":null,"abstract":"<div>\u0000 \u0000 <p>This study uses semistructured interviews to gain insights from 19 practicing Canadian audit partners into the practical implications of the engagement partner identity mandate requiring firms to disclose the identity of the engagement partner(s) auditing Canadian publicly traded companies. Building on prior literature that suggests accountability can reach a ceiling, we explore whether audit partners perceive incremental increases in accountability pressures to be effective in increasing audit quality. Based on the existing literature, we propose a nonlinear relation between accountability and performance (audit quality, in the current context), reflecting this ceiling effect. We find partners believe they are reaching, or are at, a ceiling level of accountability and that further initiatives to increase their accountability are ineffective in eliciting procedural changes in the audit or the audit's outcome. Contrary to regulators' motives for the disclosure, our interviewed partners do not believe the transparency of publicly disclosing their names will further increase their level of accountability or overall audit quality. We document that one possible reason for the disconnect is that partners are less concerned with managing external reputation than with managing internal reputation, which they believe has a more direct impact on their careers. We also discuss partners' perceptions of the required disclosure's impact on individual reputations, client risk choices, personal safety, and partner recruitment. We offer suggestions for future research building on the partners' insights.</p>\u0000 </div>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"21 4","pages":"697-728"},"PeriodicalIF":1.7,"publicationDate":"2022-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49002986","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

The Role of Corporate Sustainability and Its Consistency on Firm Financial Performance: Canadian Evidence* 企业可持续性及其一致性对企业财务绩效的作用：加拿大证据†

IF 1.7

Accounting Perspectives Pub Date : 2022-05-13 DOI: 10.1111/1911-3838.12309

Kobana Abukari, Alhassan Musah, Abdelouahid Assaidi

{"title":"The Role of Corporate Sustainability and Its Consistency on Firm Financial Performance: Canadian Evidence*","authors":"Kobana Abukari, Alhassan Musah, Abdelouahid Assaidi","doi":"10.1111/1911-3838.12309","DOIUrl":"10.1111/1911-3838.12309","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper investigates the impact of corporate sustainability and the consistency of corporate sustainability efforts on firm financial performance in Canada. Using data on 266 Canadian companies over the 2007–2017 period, we find a significantly positive association between corporate sustainability performance and firm financial performance. In addition, we find that companies that perform consistently well on sustainability (i.e., consistent performers) achieve better financial performance compared to inconsistent performers. Thus, far from their being net costs/expenses, our results indicate that corporate sustainability performance and consistency in sustainability performance both provide net benefits and significantly impact financial performance positively, implying that corporate sustainability not only helps address the needs of the current and future generations but also has a positive effect on the corporate bottom line. Taken together, our results suggest that not only does corporate sustainability have a positive effect on firm performance, but better financial performance may be achieved through a committed—rather than a “tokenism”—approach to corporate sustainability.</p>\u0000 </div>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"22 1","pages":"55-86"},"PeriodicalIF":1.7,"publicationDate":"2022-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47576986","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: 4

A Canadian Response to the Pursuit of Global Sustainability Reporting Standards* 加拿大对追求全球可持续发展报告标准的回应

IF 1.7

Accounting Perspectives Pub Date : 2022-04-20 DOI: 10.1111/1911-3838.12297

Hamilton Elkins, Gary Entwistle

{"title":"A Canadian Response to the Pursuit of Global Sustainability Reporting Standards*","authors":"Hamilton Elkins, Gary Entwistle","doi":"10.1111/1911-3838.12297","DOIUrl":"10.1111/1911-3838.12297","url":null,"abstract":"<div>\u0000 \u0000 <p>As business, government, and society continue to emphasize the importance of sustainability—both of individual organizations and of the natural world—accounting standard-setting bodies want to be part of the process. In September 2020, in response to “urgent and growing demand” for more “consistent and comparable” sustainability reporting, the IFRS Foundation (the Foundation) released for comment a Consultation Paper on Sustainability Reporting. In the paper, the Foundation proposed the creation of a Sustainability Standards Board (SSB), which it would oversee alongside the IASB. The SSB would become, de facto, the global sustainability reporting standard setter. The Foundation received 577 responses to its proposal. These responses came from around the world and from a wide range of stakeholders. Thirty-eight of the responses came from Canada. This study profiles the Canadian responses, contrasting them with the wider set of worldwide responses. Some uniquely Canadian features include user responses from a large number of pension funds and preparer responses solely from the energy sector. There was also a significant response from the Canadian accounting community, including from the full set of Canadian standard-setting organizations. Five auditors general also responded. Overall, Canadian respondents supported both globalized sustainability reporting standards and the Foundation's creation of the SSB. This support aligns Canada's response with the worldwide response.</p>\u0000 </div>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"22 1","pages":"7-54"},"PeriodicalIF":1.7,"publicationDate":"2022-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45471184","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

Rewards and Fear of Being Labeled as Racist: A Tax Fraud Whistleblowing Investigation* 奖励和被贴上种族主义者标签的恐惧:税务欺诈举报调查*

IF 1.7

Accounting Perspectives Pub Date : 2022-04-18 DOI: 10.1111/1911-3838.12296

Sonia Dhaliwal, Jonathan Farrar, Cass Hausserman

{"title":"Rewards and Fear of Being Labeled as Racist: A Tax Fraud Whistleblowing Investigation*","authors":"Sonia Dhaliwal, Jonathan Farrar, Cass Hausserman","doi":"10.1111/1911-3838.12296","DOIUrl":"10.1111/1911-3838.12296","url":null,"abstract":"<div>\u0000 \u0000 <p>This article investigates experimentally, in the income tax context, how whistleblowing intentions are influenced when a tax fraud perpetrator is of a different race than a potential whistleblower. In particular, it examines the impact of a message highlighting the social value of whistleblowing and how fear of being perceived as racist influences whistleblowing decision-making. Using insights from the fear elicitation and processing literature, we find that a potential whistleblower from a majority racial group who learns about a fraud perpetrated by someone from a minority racial group is significantly more likely to blow the whistle anonymously when a social value message is present versus absent, as the presence of a social value message reduces fear of being perceived as racist. However, we do not find that race dissimilarity is significantly associated with non-anonymous whistleblowing intentions, irrespective of the presence of a social value message. Furthermore, in non-anonymous whistleblowing situations, potential whistleblowers have to disclose their identities to the tax authority to become eligible for a cash reward. Even when potential whistleblowers can choose the amount of a cash reward they would have to be paid in order to blow the whistle, our results show that whistleblowing intentions do not increase significantly when perpetrators and potential whistleblowers are of different races. Overall, our results suggest that the societal value of tax whistleblowing and the use of cash rewards for whistleblowing are limited by other sociological considerations.</p>\u0000 </div>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"21 4","pages":"729-757"},"PeriodicalIF":1.7,"publicationDate":"2022-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47168475","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

Risks and Controls in a Changing Business Environment: Global Transportation Facility and Concerns About Missing Revenues* 变化的商业环境中的风险和控制:全球运输设施和对收入缺失的担忧*

IF 1.7

Accounting Perspectives Pub Date : 2022-03-21 DOI: 10.1111/1911-3838.12295

Ron Messer

引用次数: 0

The Accuracy and Informativeness of Management Earnings Forecasts: A Review and Unifying Framework* 管理层盈余预测的准确性和信息量:回顾与统一框架*

IF 1.7

Accounting Perspectives Pub Date : 2022-03-08 DOI: 10.1111/1911-3838.12294

Nicolai A. Preussner, Ewald Aschauer

{"title":"The Accuracy and Informativeness of Management Earnings Forecasts: A Review and Unifying Framework*","authors":"Nicolai A. Preussner, Ewald Aschauer","doi":"10.1111/1911-3838.12294","DOIUrl":"10.1111/1911-3838.12294","url":null,"abstract":"<p>This paper synthesizes the literature on management earnings forecasts (MFs) and adaption mechanisms, combines existing theories into a unifying framework, and discusses the primary determinants of MF accuracy and informativeness. The proposed model refines existing theories by emphasizing the dynamics and multiperiod interactions among firm management, financial analysts, and investors, thereby simplifying the assessment of the complex relations within the forecast cycle. Furthermore, we analyze when and to what extent financial analysts and investors anticipate bias and misleading information. Overall, the literature review provides strong support for a positive correlation between the extent and credibility of MFs, on the one hand, and stock returns, share liquidity, and analyst coverage, on the other hand. Earnings forecasts tend to be optimistically biased, with a positive correlation with forecast uncertainty, earnings flexibility, financial distress, investor sentiment, and the share price dependency of managers' remuneration. Firm growth, legal liability, and litigation risk are significantly associated with forecast pessimism. We also find that MF accuracy increases with previous forecast accuracy, firm size, analyst coverage, analyst agreement, management qualifications, and corporate governance level. Moreover, investors do not anticipate the full extent of predictable forecast bias, leading to systematic share price drifts after the announcement of earnings forecasts and actual earnings. The study's results have substantial implications for researchers, firm managers, investors, financial analysts, and regulators. Although managers may enhance their forecasts' credibility by providing precise, bundled, and disaggregated forecasts, external stakeholders should carefully analyze forecast antecedents and characteristics to assess the direction and magnitude of expected MF bias.</p>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"21 2","pages":"273-330"},"PeriodicalIF":1.7,"publicationDate":"2022-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1911-3838.12294","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45416543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Financial Reporting & Assurance Standards (FRAS) Canada Corner 财务报告与鉴证准则(FRAS)加拿大角

IF 1.7

Accounting Perspectives Pub Date : 2022-03-07 DOI: 10.1111/1911-3838.12291

引用次数: 0

Wilson Drilling Inc.* Wilson Drilling Inc.*

IF 1.7

Accounting Perspectives Pub Date : 2022-01-30 DOI: 10.1111/1911-3838.12290

Yan Jin, Flora Niu

引用次数: 0

Auditors' Professional Identities: Review and Future Directions* 审计师的职业身份:回顾与未来方向*

IF 1.7

Accounting Perspectives Pub Date : 2022-01-22 DOI: 10.1111/1911-3838.12289

Ryan Stack, Bertrand Malsch

{"title":"Auditors' Professional Identities: Review and Future Directions*","authors":"Ryan Stack, Bertrand Malsch","doi":"10.1111/1911-3838.12289","DOIUrl":"https://doi.org/10.1111/1911-3838.12289","url":null,"abstract":"<p>Drawing on qualitative field studies, this literature review synthesizes research on the formation of professional identities. This journey is organized based on employee level, from the pre-exposure phase of recruitment, up the hierarchy to staff-, manager-, and partner-level work at auditing firms, to the level of those who leave professional service firms to pursue other work. Our analysis highlights the importance of acquiring soft skills over technical training in identity building, including the ability to incorporate unwritten rules and norms of professionalism that persist throughout professional careers. Our review reveals a scarcity of studies on the identity formation of managers. We also question the relevance of the literature on the socialization of staff auditors and partners and the impact on their identity. Critically, prior literature on auditor professional identity has emphasized one type of practitioner and setting—Western, urban, and Big 4 oriented—to the exclusion of other sites and perspectives. This emphasis has led to a disconnect between the extant research and the diversity of the realities in which auditing practices and auditors evolve. Thus, this review recognizes a need for new research directions and calls for research on professional services firms outside the Big 4 and in new and emerging markets. In addition, it advocates a greater focus on individuals and groups that have been excluded from prior research as the face of the profession changes.</p>","PeriodicalId":43435,"journal":{"name":"Accounting Perspectives","volume":"21 2","pages":"177-206"},"PeriodicalIF":1.7,"publicationDate":"2022-01-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137963823","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