Accounting Horizons http://scitation.aip.org/ Accounting Horizons The American Accounting Association's Financial Reporting Policy Committee's Response to the Preliminary Views on Financial Statement Presentation http://link.aip.org/link/?HOR/24/279/1&agg=rss Mark Bradshaw, Carolyn Callahan, Jack Ciesielski, Elizabeth Gordon, Mark Kohlbeck et al. Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association<br/> SYNOPSIS: The Financial Accounting Standards Board and the International Accounting Standards Board (hereafter, the Boards) issued the discussion paper Preliminary Views on Financial Statement Presentation in late 2008. The Boards propose to significantly reconfigure the presentation of financial st ... [Accounting Horizons 24, 279 (2010)] published Wed Jun 9, 2010. Additional Journal Content http://link.aip.org/link/?HOR/24/i/1&agg=rss <br/> Abstract not available. [Accounting Horizons 24, i (2010)] published Wed Jun 9, 2010. Balancing the Costs and Benefits of Auditing and Financial Reporting Regulation Post-SOX, Part I: Perspectives from the Nexus at the SEC http://link.aip.org/link/?HOR/24/313/1&agg=rss Zoe-Vonna Palmrose<br/> Abstract not available. [Accounting Horizons 24, 313 (2010)] published Wed Jun 9, 2010. 21st Century Auditing: Advancing Decision Support Systems to Achieve Continuous Auditing http://link.aip.org/link/?HOR/24/297/1&agg=rss James E. Hunton and Jacob M. Rose<br/> Abstract not available. [Accounting Horizons 24, 297 (2010)] published Wed Jun 9, 2010. Voluntary Disclosure in Annual Reports: The Association between Magnitude and Direction of Change in Corporate Financial Performance and Graph Use http://link.aip.org/link/?HOR/24/257/1&agg=rss William N. Dilla and Diane J. Janvrin<br/> SYNOPSIS: Prior archival research indicates that companies reporting increases in key financial performance variables (KFVs) are more likely to include graphs of these measures in their annual reports. This study expands prior work by using impression management and political cost theories to predic ... [Accounting Horizons 24, 257 (2010)] published Wed Jun 9, 2010. Neuroaccounting: Consilience between the Biologically Evolved Brain and Culturally Evolved Accounting Principles http://link.aip.org/link/?HOR/24/221/1&agg=rss John Dickhaut, Sudipta Basu, Kevin McCabe, and Greg Waymire<br/> SYNOPSIS: We develop the hypothesis that culturally evolved accounting principles will be ultimately explained by their consilience with how the human brain has evolved biologically to evaluate social and economic exchange. We provide background on the structure and evolution of the brain, the measu ... [Accounting Horizons 24, 221 (2010)] published Wed Jun 9, 2010. PCAOB Inspections of Smaller CPA Firms: The Perspective of Inspected Firms http://link.aip.org/link/?HOR/24/189/1&agg=rss Brian Daugherty and Wayne Tervo<br/> SYNOPSIS: We solicit perceptions of the Public Company Accounting Oversight Board's (PCAOB) inspection process from the leadership of triennial firms (100 or fewer publicly traded audit clients, inspected triennially) receiving their initial inspection. Our research is motivated by a growing stream ... [Accounting Horizons 24, 189 (2010)] published Wed Jun 9, 2010. The Roles that Forecast Surprise and Forecast Error Play in Determining Management Forecast Precision http://link.aip.org/link/?HOR/24/165/1&agg=rss Jong-Hag Choi, Linda A. Myers, Yoonseok Zang, and David A. Ziebart<br/> SYNOPSIS: Studying the determinants of management forecast precision is important because a better understanding of the factors affecting management's choice of forecast precision can provide investors and other users with cues about the characteristics of the information contained in the forecasts. ... [Accounting Horizons 24, 165 (2010)] published Wed Jun 9, 2010. Additional Journal Content http://link.aip.org/link/?HOR/24/i/1&agg=rss <br/> Abstract not available. [Accounting Horizons 24, i (2010)] published Fri Mar 12, 2010. Response to the Financial Accounting Standards Board's and the International Accounting Standard Board's Joint Discussion Paper Entitled Preliminary Views on Financial Statement Presentation http://link.aip.org/link/?HOR/24/149/1&agg=rss Stephen Moehrle, Thomas Stober, Karim Jamal, Robert Bloomfield, Theodore E. Christensen et al.<br/> SYNOPSIS: The Financial Accounting Standards Board (hereafter, FASB) and the International Accounting Standard Board (hereafter, IASB) issued a joint discussion paper titled Preliminary Views on Financial Statement Presentation. The Boards are seeking comments on whether their proposed model for fin ... [Accounting Horizons 24, 149 (2010)] published Fri Mar 12, 2010. A Research-Based Perspective on the SEC's Proposed RuleRoadmap for the Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards (IFRS) by U.S. Issuers http://link.aip.org/link/?HOR/24/139/1&agg=rss Karim Jamal, Robert Bloomfield, Theodore E. Christensen, Robert H. Colson, Stephen Moehrle et al.<br/> SYNOPSIS: The Securities and Exchange Commission (hereafter, SEC) issued a call for comment on a proposal to adopt a roadmap for potential use of international financial reporting standards (hereafter, IFRS) by U.S. companies. We comment on five key issues raised by the SEC proposal. First, we propo ... [Accounting Horizons 24, 139 (2010)] published Fri Mar 12, 2010. Transparency Unveiled: Financial Crisis Prevention through Accounting Reform http://link.aip.org/link/?HOR/24/95/1&agg=rss David Mosso<br/> SYNOPSIS: In this commentary, I propose a new accounting model, in which accounting reports measure wealth and provide information that can diagnose financial health. I argue that my proposed model addresses the major weaknesses of the existing choice-based GAAP model, and the proposed model has the ... [Accounting Horizons 24, 95 (2010)] published Fri Mar 12, 2010. The PCAOB Meets the Constitution: The Supreme Court to Decide on the PCAOB's Conformity with the Separation of Powers Doctrine and Appointments Clause http://link.aip.org/link/?HOR/24/79/1&agg=rss Ronald R. King<br/> SYNOPSIS: This commentary provides an overview of the case currently before the U.S. Supreme Court that alleges constitutional problems with the Public Company Accounting Oversight Board (PCAOB). The PCAOB, a Board designed to oversee auditing for publicly traded firms, was created by Congress when ... [Accounting Horizons 24, 79 (2010)] published Fri Mar 12, 2010. A Risk Model to Opine on Internal Control http://link.aip.org/link/?HOR/24/65/1&agg=rss Abraham D. Akresh<br/> SYNOPSIS: In recent years, auditors have reported on the effectiveness of internal control, usually as part of integrated audits. The audit risk model currently in auditing standards was designed for financial statement audits, not internal control auditsa key part of integrated audits. Because the ... [Accounting Horizons 24, 65 (2010)] published Fri Mar 12, 2010. An Analysis of the Underlying Causes Attributed to Restatements http://link.aip.org/link/?HOR/24/41/1&agg=rss Marlene Plumlee and Teri Lombardi Yohn<br/> SYNOPSIS: The dramatic increase in the number of restatements filed over the past years has been attributed to numerous causes, including the complexity of the accounting standards, internal control reviews, changes in materiality thresholds, the overly conservative nature of auditors, earnings mana ... [Accounting Horizons 24, 41 (2010)] published Fri Mar 12, 2010. CFO Gender and Accruals Quality http://link.aip.org/link/?HOR/24/25/1&agg=rss Abhijit Barua, Lewis F. Davidson, Dasaratha V. Rama, and Sheela Thiruvadi<br/> SYNOPSIS: The authors examine the association between chief financial officer (hereafter, CFO) gender and the quality of accruals. Based on findings in prior research on gender differences in a variety of decision settingsrisk-taking attitudes, financial judgments, and regulatory compliancesthey hyp ... [Accounting Horizons 24, 25 (2010)] published Fri Mar 12, 2010. A Perspective on the Canadian Accounting Standards Board Exposure Draft on Generally Accepted Accounting Principles for Private Enterprises http://link.aip.org/link/?HOR/24/129/1&agg=rss Karim Jamal, Robert Bloomfield, Theodore E. Christensen, Robert H. Colson, Stephen Moehrle et al.<br/> SYNOPSIS: The Canadian Accounting Standards Board (hereafter, AcSB) recently issued an exposure draft to adopt separate GAAP for private enterprises. This new GAAP is justified as being consistent with the current FASB/IASB conceptual framework, but is sensitive to the different cost-benefit conside ... [Accounting Horizons 24, 129 (2010)] published Fri Mar 12, 2010. Response to the SEC's Proposed RuleRoadmap for the Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards (IFRS) by U.S. Issuers http://link.aip.org/link/?HOR/24/117/1&agg=rss Mark Bradshaw, Carolyn Callahan, Jack Ciesielski, Elizabeth A. Gordon, Leslie Hodder et al.<br/> SYNOPSIS: The Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting Association (hereafter, the AAA FRPC or the committee) is charged with responding to discussion memoranda and exposure drafts on financial accounting and reporting issues. ... [Accounting Horizons 24, 117 (2010)] published Fri Mar 12, 2010. Comments on the Proposed SEC's 20102015 Draft Strategic Plan http://link.aip.org/link/?HOR/24/109/1&agg=rss Robert Bloomfield, Theodore E. Christensen, Jonathan Glover, Sue Haka, Karim Jamal et al.<br/> SYNOPSIS: The SEC has proposed a strategic plan that sets out its mission, vision, and values, four strategic goals, a set of desired outcomes associated with each strategic goal, and a list of performance measures for assessing the SEC's effectiveness in attaining its goals. We affirm the need for ... [Accounting Horizons 24, 109 (2010)] published Fri Mar 12, 2010. Serving Two Masters: The Association between Audit Committee Internal Audit Oversight and Internal Audit Activities http://link.aip.org/link/?HOR/24/1/1&agg=rss Lawrence J. Abbott, Susan Parker, and Gary F. Peters<br/> SYNOPSIS: In this paper, we investigate the association between the audit committee's oversight of the internal audit function (IAF) and the nature of IAF activities. The importance of internal controls and of the roles of both the audit committee and the internal audit function in monitoring contro ... [Accounting Horizons 24, 1 (2010)] published Fri Mar 12, 2010. Accounting for Debt Instruments Held as Assets http://link.aip.org/link/?HOR/23/457/1&agg=rss Edward W. Trott<br/> SYNOPSIS: I propose that all debt instruments held as assets be accounted for using a combination of reported amounts that reflect a measurement at the initial recognition date and fair value. The proposal eliminates the incurred loss and other-than-temporary-impairment (hereafter, OTTI) models and ... [Accounting Horizons 23, 457 (2009)] published Tue Nov 24, 2009. The Impact of Academic Accounting Research on Professional Practice: An Analysis by the AAA Research Impact Task Force http://link.aip.org/link/?HOR/23/411/1&agg=rss AAA Research Impact Task Force<br/> SYNOPSIS: The accounting academy has been long recognized as the premier developer of entry-level talent for the accounting profession and the major provider of executive education via master's-level curricula and customized executive education courses. However, the impact that the academy's collect ... [Accounting Horizons 23, 411 (2009)] published Tue Nov 24, 2009. Adverse Section 404 Opinions and Shareholder Dissatisfaction toward Auditors http://link.aip.org/link/?HOR/23/391/1&agg=rss Dana R. Hermanson, Jagan Krishnan, and Zhongxia (Shelly) Ye<br/> SYNOPSIS: Auditors issuing adverse Section 404 internal control opinions may be viewed as too conservative, or they may be blamed for being partly responsible for the existence of the internal control material weaknesses. Using a sample of 240 companies with adverse internal control opinions and 240 ... [Accounting Horizons 23, 391 (2009)] published Tue Nov 24, 2009. The Effect of System Characteristics, Stage of Adoption, and Experience on Institutional Explanations for ERP Systems Choice http://link.aip.org/link/?HOR/23/365/1&agg=rss Joseph C. Ugrin<br/> SYNOPSIS: Existing studies have found a linkage between institutional factors and systems adoption, but the literature has overlooked an important question: When is the decision to implement a system influenced by institutional factors? In this paper, the author argues that decisions to adopt system ... [Accounting Horizons 23, 365 (2009)] published Tue Nov 24, 2009. Developing an International Assurance Standard on Greenhouse Gas Statements http://link.aip.org/link/?HOR/23/347/1&agg=rss Roger Simnett, Michael Nugent, and Anna L. Huggins<br/> SYNOPSIS: Worldwide public concern over climate change and the need to limit greenhouse gas (hereafter, GHG) emissions has increasingly motivated public officials to consider more stringent environmental regulation and standards. The authors argue that the development of a new international assuranc ... [Accounting Horizons 23, 347 (2009)] published Tue Nov 24, 2009.