Advances in Accounting最新文献_第7页

Discussion of the BP oil spill and income classification shifting of oil and gas companies 讨论英国石油公司漏油事件和石油天然气公司收入分类转移问题

IF 1.6

Advances in Accounting Pub Date : 2023-09-20 DOI: 10.1016/j.adiac.2023.100697

Jennifer Echols Edmonds

引用次数: 0

The concerns of linking IRS tax disclosures to financial statements on analysts' effective tax rate forecasts 将国税局税务披露与财务报表挂钩对分析师实际税率预测的影响

IF 1.2

Advances in Accounting Pub Date : 2023-09-14 DOI: 10.1016/j.adiac.2023.100687

{"title":"The concerns of linking IRS tax disclosures to financial statements on analysts' effective tax rate forecasts","authors":"","doi":"10.1016/j.adiac.2023.100687","DOIUrl":"10.1016/j.adiac.2023.100687","url":null,"abstract":"<div><p>This study examines the effect of uncertain tax<span> position (UTP) disclosures on analysts' effective tax rate (ETR) forecasts. The Internal Revenue Service (IRS) requires that firms provide detailed information about UTPs reported in their annual 10-K filings on their Schedule UTP form. Schedule UTP applies to federal tax positions for which a corresponding tax reserve has been created for financial reporting purposes. Academics and practitioners have deliberated whether Schedule UTP disclosures could lead to firms altering how they account for their unrecognized tax benefits (UTBs) in financial statements. Overall, we find that UTB additions were originally useful to analysts in forecasting ETRs but became less useful after the implementation of the Schedule UTP form, as it likely reduced the usefulness of information for financial statement users. Our findings contribute to the debate regarding the extent of tax policy overlapping with the generally accepted accounting principles of financial reporting. Following up on a 2018 Treasury Department study that recommended more disclosure on Schedule UTP, the IRS, in December of 2022, finalized additional disclosure requirements to Schedule UTP, These new requirements may further incentivize firms to alter UTB reporting in their financial statements.</span></p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"66 ","pages":"Article 100687"},"PeriodicalIF":1.2,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135346917","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

Is there a dark side of competition? Product market competition and auditor-client contracting 竞争有阴暗面吗？产品市场竞争与审计师客户签约

IF 1.6

Advances in Accounting Pub Date : 2023-09-01 DOI: 10.1016/j.adiac.2023.100658

Tianpei (Constance) Li , Stephanie Walton

引用次数: 0

Discussion of: The effect of client gender and negotiation style on auditors' proposed audit adjustments 讨论：客户性别和谈判风格对审计师拟议审计调整的影响

IF 1.6

Advances in Accounting Pub Date : 2023-09-01 DOI: 10.1016/j.adiac.2023.100675

Jillian Alderman

引用次数: 0

The relationship between R&D intensity, conservatism, and management earnings forecast issuance 研发强度、保守性与管理层盈利预测发布的关系

IF 1.6

Advances in Accounting Pub Date : 2023-09-01 DOI: 10.1016/j.adiac.2023.100662

Yezen Kannan , Ashraf Khallaf , Kimberly Gleason , Ibrahim Bostan

{"title":"The relationship between R&D intensity, conservatism, and management earnings forecast issuance","authors":"Yezen Kannan , Ashraf Khallaf , Kimberly Gleason , Ibrahim Bostan","doi":"10.1016/j.adiac.2023.100662","DOIUrl":"10.1016/j.adiac.2023.100662","url":null,"abstract":"<div><p>R&D-intensive firms suffer from high information asymmetry and high proprietary costs and are prone to exhibit bottom-line losses given the unconditional conservative accounting treatment of R&D expenses. We examine how R&D intensity influences the issuance of management earnings forecasts (MEFs) across levels of accounting conservatism, controlling for proprietary costs and other earnings guidance determinants. We provide insights into how managers view the tradeoffs of using MEF disclosures to lower information asymmetry versus the costs of releasing proprietary information to competitors and the loss of reputational capital that could arise from providing inaccurate forecasts. We find that although R&D intensity and conditional conservatism are negatively related to the issuance of MEFs, as shown in prior research, at high levels of research intensity and the accompanying uncertainty about future payoffs, the negative association between conditional conservatism and MEF issuance is mitigated. These findings point to a role for conditional conservatism as a credibility enhancer for managers of R&D intense firms.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"62 ","pages":"Article 100662"},"PeriodicalIF":1.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48563181","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

Does external auditor coordination influence internal auditor effort? 外部审计师的协调是否影响内部审计师的工作？

IF 1.6

Advances in Accounting Pub Date : 2023-08-31 DOI: 10.1016/j.adiac.2023.100684

Porschia Nkansa

{"title":"Does external auditor coordination influence internal auditor effort?","authors":"Porschia Nkansa","doi":"10.1016/j.adiac.2023.100684","DOIUrl":"10.1016/j.adiac.2023.100684","url":null,"abstract":"<div><p>The purpose of this study is to investigate how the level of controls testing coordination with the external auditor affects internal auditors' effort. The internal auditor's planned substantive testing audit hours are the measure of effort in this study. Regulators and stakeholder organizations have encouraged more collaboration between external and internal auditors to improve audit efficiency. The effect of external auditor coordination on internal auditors' planned audit hours has important implications for audit efficiency and effectiveness. An experiment is conducted with 112 internal auditors to examine the hypothesized effect. The study uses a 2 <span><math><mo>×</mo></math></span> 2 between-subjects design and manipulates fraud risk and external auditor coordination. Consistent with my prediction, I find that coordination moderates the relationship between fraud risk and planned audit hours. The results illustrate that although high external auditor controls testing coordination decreases internal auditors' planned substantive testing audit hours, internal auditors are more sensitive to responding to fraud risk when external auditor controls testing coordination is high.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"65 ","pages":"Article 100684"},"PeriodicalIF":1.6,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0882611023000433/pdfft?md5=987a49f8367767af09b8f0f0c5913dfc&pid=1-s2.0-S0882611023000433-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44586522","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: 0

Differential responses to tax regulation: The case of Schedule UTP 对税收管制的不同反应:以附表UTP为例

IF 1.2

Advances in Accounting Pub Date : 2023-08-31 DOI: 10.1016/j.adiac.2023.100688

引用次数: 0

Conditional conservatism in GAAP earnings and the implications for the disclosure of non-GAAP earnings GAAP收益中的条件保守性及其对非GAAP收益披露的影响

IF 1.2

Advances in Accounting Pub Date : 2023-08-18 DOI: 10.1016/j.adiac.2023.100686

引用次数: 0

Generalist CEOs and the readability of the 10-K report 通才型ceo和10-K报告的可读性

IF 1.6

Advances in Accounting Pub Date : 2023-08-04 DOI: 10.1016/j.adiac.2023.100680

Rachana Kalelkar , Hongkang Xu , Duong Nguyen , Zheng Chen

{"title":"Generalist CEOs and the readability of the 10-K report","authors":"Rachana Kalelkar , Hongkang Xu , Duong Nguyen , Zheng Chen","doi":"10.1016/j.adiac.2023.100680","DOIUrl":"10.1016/j.adiac.2023.100680","url":null,"abstract":"<div><p><span>In this paper, we investigate the association between the general managerial ability of CEOs and the readability of 10-K reports. We find that the readability of 10-K reports is lower for firms managed by CEOs with general managerial ability. Our result is robust to change analysis, an alternate readability measure, various fixed effects, an </span>instrumental variable approach, a propensity score approach, and an entropy balancing approach. Our additional analysis reveals that general managerial ability is negatively associated with the readability of management discussion and analysis (MD&A). Moreover, the disclosure tone of 10-K reports and MD&A is conservative when firms are managed by generalist CEOs. Our findings also reveal that CEO tenure moderates the positive association between the general ability index and Gunning Fog index of 10-K reports. Finally, we find that high investment level and misstatement strengthen the association between the general ability index and the readability of 10-K reports, thus supporting the obfuscation hypothesis. We, therefore, conclude that firms incur costs in the form of lower disclosure quality when they opt for a generalist CEO.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"65 ","pages":"Article 100680"},"PeriodicalIF":1.6,"publicationDate":"2023-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48069594","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

Impact of audit committee social capital on the adoption of COSO 2013 审计委员会社会资本对2013年COSO通过的影响

IF 1.6

Advances in Accounting Pub Date : 2023-08-04 DOI: 10.1016/j.adiac.2023.100685

Nusrat Farah , Md Shariful Islam , Amanuel Tadesse , William McCumber

{"title":"Impact of audit committee social capital on the adoption of COSO 2013","authors":"Nusrat Farah , Md Shariful Islam , Amanuel Tadesse , William McCumber","doi":"10.1016/j.adiac.2023.100685","DOIUrl":"10.1016/j.adiac.2023.100685","url":null,"abstract":"<div><p>This study aims to examine the effect of audit committee social capital, measured using network centrality from social network theory, on the adoption of the COSO 2013 updated internal control framework (COSO 2013). Drawing on social capital literature, we argue that well-connected audit committees have informational advantages and reputational concerns which prompt them to learn more about best industry practices and adopt those practices in their own organizations. As predicted, we find organizations that have well-connected audit committees are more likely to adopt COSO 2013 and do so in a timely manner. Additional analysis indicates that our findings are driven by overall audit committee connectedness and not by the connectedness of committee chairs, committee financial experts, or committee members, and hold only for accelerated filers. Further, we find, contrary to conventional wisdom, that audit committee connectedness prompts KPMG client organizations to adopt COSO 2013. The results hold even after controlling for CEO and CFO connectedness and are robust to endogeneity concerns. By linking audit committee connectedness with COSO 2013 adoption, we add to the literature investigating the effect of audit committee characteristics on firm compliance with internal control framework updates.</p></div>","PeriodicalId":46906,"journal":{"name":"Advances in Accounting","volume":"64 ","pages":"Article 100685"},"PeriodicalIF":1.6,"publicationDate":"2023-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45877049","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