Showing 1 - 10 of 11
For competitive reasons, many business organizations are becoming more flexible in their operation and crossfunctional in design. Increased emphasis on satisfying the final consumer has led businesses to recognize that value contributions, from internal and external organizational members in the...
Persistent link: https://www.econbiz.de/10010610969
Failures may lead to ultimate success in both nature and business. Just as dynamic ecosystems depend on death to replace senescent organisms with vigorous growth, the termination of uneconomic activities is essential to wealth creation. This paper explores the benefits of failures, and uses...
Persistent link: https://www.econbiz.de/10005109706
The concept of professionalism of internal auditors is examined. A survey of a large sample of internal auditors revealed that internal auditors generally conform to a model of professionalism previously applied to other occupations. Especially notable, internal auditors strongly believe in the...
Persistent link: https://www.econbiz.de/10005109720
The purpose of this study is to examine the duration of the auditorÕs relationship with a client and factors that affect audit firm tenure. The duration of the auditor and client relationship has been cited as possibly affecting the risk of a loss of auditor independence. Also, audit firm...
Persistent link: https://www.econbiz.de/10005546518
Accounting for stock options is a controversial issue. The FASB recognized that the Òintrinsic valueÓ method, which had been used for years, failed to adequately account for the costs involved. To rectify the problem they suggested the use of a Òfair valueÓ method. Their proposal met with...
Persistent link: https://www.econbiz.de/10010583959
Pension rate estimates are important because they provide information to the market, and because they are useful in estimating future cash ßows or for other analytical purposes. This is especially true now, because the economic environment has deteriorated to a point that many investors...
Persistent link: https://www.econbiz.de/10005395106
This article uses Geert HofstedeÕs taxonomy of workrelated cultural values to examine the relationship between international cultural diversity and the practice of management accounting. The discussion is presented in two parts. First, is a discussion of the relationship between international...
Persistent link: https://www.econbiz.de/10005395121
This study uses an equity valuation model to investigate the extent to which SFAS No. 52 unrealized foreign currency translation gains and losses are reflected in levels of equity security prices. Equity security price is used as the dependent variable in our selected model. Book value of equity...
Persistent link: https://www.econbiz.de/10005395128
We examine the role of past litigation in the selection of independent auditors. Using a sample of persons typically involved in auditor selection, we find that any litigation announcement alleging audit improprieties greatly reduces the auditorÕs likelihood of hire regardless of the type of...
Persistent link: https://www.econbiz.de/10005395156
With the bankruptcy of Enron and the accompanying loss of pension benefits of its employees, pensions have recently received significant press. Accounting for pension plan obligations, for defined benefit plans in particular, requires companies to make assumptions regarding discount rates,...
Persistent link: https://www.econbiz.de/10005230167