The Experts below are selected from a list of 108354 Experts worldwide ranked by ideXlab platform
Nathan Y Sharp - One of the best experts on this subject based on the ideXlab platform.
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business strategy Financial Reporting irregularities and audit effort
Contemporary Accounting Research, 2013Co-Authors: Kathleen A Bentley, Thomas C Omer, Nathan Y SharpAbstract:This study examines whether clients' business strategies are a factor in determining the occurrence of Financial Reporting irregularities and the level of audit effort. We use the organizational strategy theory of Miles and Snow to develop a comprehensive measure of business strategy using publicly available data. We find that Miles and Snow's Prospector strategy is more likely to be involved in Financial Reporting irregularities and generally requires greater audit effort. The business strategy measure also appears to capture client business risk and provides incremental explanatory power beyond the individual measures of client complexity or risk used in traditional audit fee models. We contribute to the literature by constructing a replicable business strategy measure and identifying organizational business strategy as an important ex ante determinant of Financial Reporting irregularities and levels of audit effort. Our results suggest that investigating how audits can be improved to reduce Financial Reporting irregularities among Prospector clients is an important area for audit practice and future research.
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the impact of religion on Financial Reporting irregularities
The Accounting Review, 2012Co-Authors: Sean T Mcguire, Thomas C Omer, Nathan Y SharpAbstract:ABSTRACT: This study examines the impact of religion on Financial Reporting. We predict that firms in religious areas are less likely to engage in Financial Reporting irregularities because prior r...
Wanli Zhao - One of the best experts on this subject based on the ideXlab platform.
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legal expertise on corporate audit committees and Financial Reporting quality
The Accounting Review, 2011Co-Authors: Jayanthi Krishnan, Yuan Wen, Wanli ZhaoAbstract:ABSTRACT: Recent trends in corporate board composition indicate an increase in the appointment of directors with legal expertise. Using two Financial Reporting quality measures, accruals quality and discretionary accruals, we find—for a sample of Russell 1000 firms in 2003 and 2005—that the presence (and proportion) of directors with legal backgrounds on the audit committee is associated with higher Financial Reporting quality. These results obtain after controlling for accounting expertise on audit committees. Also, supplementary tests indicate a positive association between changes in legal expertise and changes in Financial Reporting quality, suggesting that legal expertise serves as a monitor rather than as a signal of Financial Reporting quality. Further, the two forms of expertise interact —i.e., the presence of directors with both forms of expertise enhances Financial Reporting quality, beyond the contribution of the individual forms of expertise. Additional tests suggest that the positive effects ...
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legal expertise on corporate audit committees and Financial Reporting quality
2011Co-Authors: Jayanthi Krishnan, Yuan Wen, Wanli ZhaoAbstract:Recent trends in corporate board composition indicate an increase in the appointment of directors with legal expertise. Using two Financial Reporting quality measures, accruals quality and discretionary accruals, we find – for a sample of Russell 1000 firms in 2003 and 2005 – that the presence (and proportion) of directors with legal backgrounds on the audit committee is associated with higher Financial Reporting quality. These results obtain after controlling for accounting expertise on audit committees. Also, supplementary tests indicate a positive association between changes in legal expertise and changes in Financial Reporting quality, suggesting that legal expertise serves as a monitor rather than as a signal of Financial Reporting quality. Further, the two forms of expertise interact - i.e., the presence of directors with both forms of expertise enhances Financial Reporting quality, beyond the contribution of the individual forms of expertise. Additional tests suggest that the positive effects of legal expertise are greater in the post-SOX period compared with a pre-SOX year.
Andreas Jansson - One of the best experts on this subject based on the ideXlab platform.
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Global Financial Reporting convergence: A study of the adoption of International Financial Reporting Standards by the Swedish accountancy profession:
Competition & Change, 2018Co-Authors: Andreas JanssonAbstract:International Financial Reporting Standards (IFRS) is a Financial Reporting standard for listed corporations in more than half of the world’s countries. This wide adoption combined with its influen...
Jayanthi Krishnan - One of the best experts on this subject based on the ideXlab platform.
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legal expertise on corporate audit committees and Financial Reporting quality
The Accounting Review, 2011Co-Authors: Jayanthi Krishnan, Yuan Wen, Wanli ZhaoAbstract:ABSTRACT: Recent trends in corporate board composition indicate an increase in the appointment of directors with legal expertise. Using two Financial Reporting quality measures, accruals quality and discretionary accruals, we find—for a sample of Russell 1000 firms in 2003 and 2005—that the presence (and proportion) of directors with legal backgrounds on the audit committee is associated with higher Financial Reporting quality. These results obtain after controlling for accounting expertise on audit committees. Also, supplementary tests indicate a positive association between changes in legal expertise and changes in Financial Reporting quality, suggesting that legal expertise serves as a monitor rather than as a signal of Financial Reporting quality. Further, the two forms of expertise interact —i.e., the presence of directors with both forms of expertise enhances Financial Reporting quality, beyond the contribution of the individual forms of expertise. Additional tests suggest that the positive effects ...
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legal expertise on corporate audit committees and Financial Reporting quality
2011Co-Authors: Jayanthi Krishnan, Yuan Wen, Wanli ZhaoAbstract:Recent trends in corporate board composition indicate an increase in the appointment of directors with legal expertise. Using two Financial Reporting quality measures, accruals quality and discretionary accruals, we find – for a sample of Russell 1000 firms in 2003 and 2005 – that the presence (and proportion) of directors with legal backgrounds on the audit committee is associated with higher Financial Reporting quality. These results obtain after controlling for accounting expertise on audit committees. Also, supplementary tests indicate a positive association between changes in legal expertise and changes in Financial Reporting quality, suggesting that legal expertise serves as a monitor rather than as a signal of Financial Reporting quality. Further, the two forms of expertise interact - i.e., the presence of directors with both forms of expertise enhances Financial Reporting quality, beyond the contribution of the individual forms of expertise. Additional tests suggest that the positive effects of legal expertise are greater in the post-SOX period compared with a pre-SOX year.
Sean T Mcguire - One of the best experts on this subject based on the ideXlab platform.
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the impact of religion on Financial Reporting irregularities
The Accounting Review, 2012Co-Authors: Sean T Mcguire, Thomas C Omer, Nathan Y SharpAbstract:ABSTRACT: This study examines the impact of religion on Financial Reporting. We predict that firms in religious areas are less likely to engage in Financial Reporting irregularities because prior r...
