International Journal of Accounting Information Systems最新文献

{"title":"Impact of internal control quality on the information content of social responsibility reports: A study based on text similarity—Evidence from China","authors":"Pingping Huang ,&nbsp;Yuehua Jiao ,&nbsp;Sihai Li","doi":"10.1016/j.accinf.2022.100558","DOIUrl":"10.1016/j.accinf.2022.100558","url":null,"abstract":"<div><p>To date, the impact of internal control on text information social responsibility reports has been rarely explored. This study investigates the correlation between internal control and information content of social responsibility reports based on the similarity of text information of reports by listed enterprises in 2006–2017. Overall, high-quality internal control results in low text similarity of social responsibility and high information content of social responsibility reports. The internal control quality could enhance the information content of social responsibility reports by decreasing the enterprise’s agency costs. For large-scale corporations, non-state enterprises and those with intensive public attention, effective internal control can enhance the information content of social responsibility reports. The agency cost can exert a partial mediating effect for large-scale corporations and enterprises with intensive public attention and complete mediating effect for non-state enterprises. Moreover, this study extends the scope of internal control to the quantitative dimension of text information and has crucial implications for listed enterprises, investors, and governments regarding internal control and disclosure of social responsibility information.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"45 ","pages":"Article 100558"},"PeriodicalIF":4.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133683897","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Detecting accounting fraud in companies reporting under US GAAP through data mining","authors":"Mário Papík ,&nbsp;Lenka Papíková","doi":"10.1016/j.accinf.2022.100559","DOIUrl":"10.1016/j.accinf.2022.100559","url":null,"abstract":"<div><p>The accounting fraud detection models developed on financial data prepared under US Generally Accepted Accounting Principles (GAAP) in the current literature achieve significantly weaker performance than models based on financial data prepared under different accounting standards. This study contributes to the US GAAP accounting fraud data mining literature through the attainment of higher model performance than that reported in the prior literature. Financial data from the 10-K forms of 320 fraudulent financial statements (80 fraudulent companies) and 1,200 nonfraudulent financial statements (240 nonfraudulent companies) were collected from the US Security and Exchange Commission. The eight most commonly used data mining techniques were applied to develop prediction models. The results were cross-validated on a testing dataset and then compared according to parameters of accuracy, F-measure, and type I and II errors with existing studies from the US, China, Greece, and Taiwan. As a result, the developed predictive models for accounting fraud achieved performance comparable to those achieved by models built on data from other accounting standards. Moreover, the developed models also significantly outperformed (accuracy 10.5%, F-measure 16.1%, type I error 12.2% and type II error 15.2%) existing studies based on US GAAP financial data. Furthermore, this study provides an extensive literature review encompassing recent accounting fraud theory. It enhances the existing US fraud data mining literature with a performance comparison of studies based on other accounting standards.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"45 ","pages":"Article 100559"},"PeriodicalIF":4.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134221958","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The impact of information systems and non-financial information on company success","authors":"Albertina Paula Monteiro ,&nbsp;Joana Vale ,&nbsp;Eduardo Leite ,&nbsp;Marcin Lis ,&nbsp;Joanna Kurowska-Pysz","doi":"10.1016/j.accinf.2022.100557","DOIUrl":"10.1016/j.accinf.2022.100557","url":null,"abstract":"<div><p>This study aims to develop and evaluate a model that seeks to measure the impact of Accounting Information System Quality, Internal Control System Quality and Non-Financial Information Quality on company success (Decision-Making Success and Non-Financial Performance). This model is empirically tested with data obtained from the managers of 381 Portuguese companies. We use structural equation modelling in the analysis of causal relationships between different constructs. The results show that information and control systems quality (accounting and internal control) have a direct impact on Non-Financial Information Quality and an indirect impact on Decision-Making Success. The results also indicate that Quality Non-Financial Information does not contribute directly to Non-Financial Performance but contributes indirectly via Decision-Making Success. The exploratory variables prove to be crucial for the companies’ Non-Financial Performance, accounting for its 62% variance. Previous research focuses primarily on financial information quality and financial performance. This study is the first to empirically prove that information and control systems contribute favourably to the transparency and value-relevance of non-financial information and, consequently, to business success.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"45 ","pages":"Article 100557"},"PeriodicalIF":4.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1467089522000094/pdfft?md5=6265c186e83b0cf5312de56d91375328&pid=1-s2.0-S1467089522000094-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133707782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Rethinking IT governance: Designing a framework for mitigating risk and fostering internal control in a DevOps environment","authors":"Olivia H. Plant ,&nbsp;Jos van Hillegersberg ,&nbsp;Adina Aldea","doi":"10.1016/j.accinf.2022.100560","DOIUrl":"10.1016/j.accinf.2022.100560","url":null,"abstract":"<div><p>An increasing amount of companies is transforming their IT departments towards cross-functional teams which are responsible for both development and operation of software and use automation to speed up their delivery process. This novel approach, which is commonly known as <em>“DevOps”</em>, promises many benefits such as increased speed and frequency of deployment. However, companies using DevOps are often struggling with demonstrating control of their software delivery processes to IT auditing parties, due to the decentralized decision-making structures and high degree of automation in DevOps teams. The research at hand presents a framework which aims to provide guidance to organizations in mitigating and governing risks in IT teams and departments that make use of the DevOps paradigm. We have adopted a design science research approach, building on a literature review and semi-structured interviews with seventeen employees from nine Dutch companies that are in different stages of their DevOps transition. The results suggest that two main factors which influence how departments design their DevOps environment are <em>risk appetite</em> and the <em>DevOps maturity</em>. We furthermore find that companies in practice often use a mixture of traditional, manual IT controls and the automated controls suggested in literature. Based on these insights, a situational control framework is designed which suggests suitable risk mitigation practices.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"45 ","pages":"Article 100560"},"PeriodicalIF":4.6,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1467089522000124/pdfft?md5=08e01e5f20b9be8adb3d7c28a727f988&pid=1-s2.0-S1467089522000124-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130660673","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Data analytics in small and mid-size enterprises: Enablers and inhibitors for business value and firm performance","authors":"Arif Perdana ,&nbsp;Hwee Hoon Lee ,&nbsp;SzeKee Koh ,&nbsp;Desi Arisandi","doi":"10.1016/j.accinf.2021.100547","DOIUrl":"10.1016/j.accinf.2021.100547","url":null,"abstract":"<div><p>A critical question arises as to whether data analytics (DA) can bring value and improve organizational performance. The benefit offered by DA can be achieved only when organizations are able to direct their attention on the conditioning factors that amplify business value. At the same time, organizations should cautiously resolve the issues that dampen DA business value. This study applied resource-based view (RBV) and the dual factor concept to understand such factors within the Small and Mid-size Enterprises (SMEs) context. The results revealed that information and systems qualities were the catalysts for data analytics business value, whereas lack of understanding and concerns over data security and privacy were the most salient predictors that could prevent SMEs from realizing DA business value. Our study highlights the importance of understanding both enablers and inhibitors in IT business value research. We also offer strategies to stakeholders to help SMEs realize DA business value.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"44 ","pages":"Article 100547"},"PeriodicalIF":4.6,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126259973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The use of information technology for international transfer pricing in multinational enterprises","authors":"Lars Hemling ,&nbsp;Jacob Christian Plesner Rossing ,&nbsp;Andreas Hoffjan","doi":"10.1016/j.accinf.2021.100546","DOIUrl":"10.1016/j.accinf.2021.100546","url":null,"abstract":"<div><p>This paper studies the degree to which multinational enterprises (MNEs) use information technology for managing international transfer pricing (ITP). Based on 21 interviews conducted with in-house accounting and tax professionals in MNEs, we observed limited use of information technology for ITP management. However, some degree of ITP automation was observed in workflow management to produce transfer pricing documentation. The limited degree of automation observed was driven by both system- and individual-level barriers. Overall, we found that management accountants and information technology experts dominate the enterprise resource planning system design agenda, and the tax departments’ ITP tax compliance objective plays a relatively limited role. This reduces the ability for ITP automation partly because the data segmentation that is prioritized for management reporting does not support the tax departments’ needs for legal-entity data segmentation to document tax compliance.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"44 ","pages":"Article 100546"},"PeriodicalIF":4.6,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122620374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Disclosure of internal control material weaknesses and optimism in analyst earnings forecasts","authors":"Wanyun Li","doi":"10.1016/j.accinf.2021.100545","DOIUrl":"10.1016/j.accinf.2021.100545","url":null,"abstract":"<div><p>This paper investigates how analyst forecast optimism is associated with disclosures of internal control material weaknesses (ICMWs) and their remediation under Section 404 of the <em>Sarbanes–Oxley Act</em> (SOX). Drawing on agency theory, I hypothesize that analysts are likely to issue earnings forecasts that are more optimistic for firms with ICMW disclosures than for those without ICMW disclosures. Using a sample of 20,875 firm-year observations with 10-K (10-Q) reports from 2004 to 2018, I find a positive association between ICMW disclosures and analyst forecast optimism. This positive association is partially driven by investors’ inability to unravel analyst forecast bias and analysts’ intentions to curry favor with management for private information. In addition, analysts are found to issue less optimistic forecasts for firms with ICMW remediation disclosures compared with those without ICMW remediation disclosures. A series of propensity score matching and regression analyses are conducted to test the robustness of my inferences. Overall, the paper suggests that analysts have incentives to take the opportunity of firms disclosing ICMWs to bias their forecasts upward for self-interest. The findings have the potential to assist regulators in guiding analyst behavior and educating investors to unravel positive bias in analyst forecasts.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"44 ","pages":"Article 100545"},"PeriodicalIF":4.6,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129936351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Effectiveness of cybersecurity audit","authors":"Sergeja Slapničar ,&nbsp;Tina Vuko ,&nbsp;Marko Čular ,&nbsp;Matej Drašček","doi":"10.1016/j.accinf.2021.100548","DOIUrl":"https://doi.org/10.1016/j.accinf.2021.100548","url":null,"abstract":"<div><p>The aim of this paper is to analyze the effectiveness of internal audit of cybersecurity. We developed a Cybersecurity Audit Index composed of three dimensions – planning, performing and reporting – to address this question. We hypothesize that cybersecurity audit effectiveness is positively related to cyber risk management maturity and negatively to the probability of a successful cyber attack. We tested our hypotheses in a survey with auditors and Chief Audit Executives from various countries and industries. We found that Cybersecurity Audit Index scores significantly vary, with a mean of 58 on a scale from 0 to 100. While the planning and performing phases are strongly and positively correlated, they are less strongly related to reporting about cyber risk management effectiveness to the Board of Directors. As predicted, the Cybersecurity Audit Index is positively associated with maturity, but contrary to expectations, it is not related to the probability of a successful cyber attack. This is the first paper that comprehensively measures the effectiveness of cybersecurity audit and its effects on cyber risk management.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"44 ","pages":"Article 100548"},"PeriodicalIF":4.6,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1467089521000506/pdfft?md5=b050c70f3813a42adea55305d2842ca4&pid=1-s2.0-S1467089521000506-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137362322","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The association between human resource investment in IT controls over financial reporting and investment efficiency","authors":"Dongjoon Choi ,&nbsp;Hansol Lee ,&nbsp;Ho-Young Lee ,&nbsp;Hyun-Young Park","doi":"10.1016/j.accinf.2021.100534","DOIUrl":"10.1016/j.accinf.2021.100534","url":null,"abstract":"<div><p>This study investigates the association between human resource investment in information technology (IT) controls over financial reporting and its investment efficiency. To conduct the analysis, it uses novel hand-collected data on the number of IT control personnel. In particular, it uses the ratio of <span>(1)</span> the number of IT control personnel, <span>(2)</span> the number of IT control personnel who are certified public accountants to the total number of employees in a firm, and <span>(3)</span> the natural logarithm of average working experience of IT control personnel in months as a proxy for human resource investment in IT controls. This study finds that such investment is negatively associated with the firm's abnormal investment, suggesting that investing in IT control personnel enhances a firm's investment efficiency. Furthermore, not only quantitative but also qualitative investment in IT control personnel improves investment efficiency. We also find that the association between human resource investment in IT controls and a firm's investment efficiency is more pronounced for firms with lower financial reporting quality and information environment. The results of this study provide useful implications for management, regulators, and market participants, as they demonstrate the positive role of investment in IT control personnel on the firm's internal decision.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"43 ","pages":"Article 100534"},"PeriodicalIF":4.6,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132362481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Artificial intelligence activities and ethical approaches in leading listed companies in the European Union","authors":"Enrique Bonsón ,&nbsp;Domenica Lavorato ,&nbsp;Rita Lamboglia ,&nbsp;Daniela Mancini","doi":"10.1016/j.accinf.2021.100535","DOIUrl":"https://doi.org/10.1016/j.accinf.2021.100535","url":null,"abstract":"<div><p>This study explores the information regarding Artificial Intelligence (AI) included by European listed companies in their annual and/or sustainability reports. The study mainly focuses on (1) the development and use of AI systems/projects reported by companies, (2) the extent to which companies disclose ethical principles or guidelines regarding AI and (3) the factors explaining these practices.</p><p>The study analyses the reports of 200 companies listed in the major indexes of Germany, Sweden, Finland, France, Spain, and Italy, both from qualitative and quantitative perspectives. All reports are analysed, using content analysis methodology, to identify expressions such as ‘artificial intelligence’, ‘machine learning’, ‘deep learning’, and ‘big data’, and then classified accordingly. The study’s findings suggest a growing interest in the above-mentioned technologies, although 41.5% of companies do not report any activity in the field of AI. The adoption of ethical approaches to AI is at a very preliminary stage, and&lt;5% of companies report on that issue. The quantitative analysis shows that larger companies, companies in the Technology and Telecommunications industries, and companies based in Southern countries are more likely to disclose information on AI activity. The majority of companies that develop ethical principles are listed in the Northern region and belong to the Technology and Telecommunications industries.</p><p>The study provides evidence of AI disclosure, a type of non-financial disclosure that has not been explored yet in the literature. Unlike existing studies, we propose a first definition of the topic and a taxonomy that can be used in further research on AI disclosure and can contribute to the development of KPIs in the field. Furthermore, this study provides a theoretical framework integrating some traditional theories, such as Voluntary disclosure theory, Signalling theory, and Legitimacy theory, specifically drawn to interpret AI disclosure practices, which can help with a further in-depth exploration of AI disclosure combining concurrent perspectives. The study’s results may serve as a starting point for researchers and companies interested in the topic.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"43 ","pages":"Article 100535"},"PeriodicalIF":4.6,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137315328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}