Use of accounting information to assess a firm's value is a very important subject for financial analysts, investors, lenders, policy-makers, and other market participants. This study compares the relative performance of three valuation models based on a sample of all relevant American...

Complex tax laws and the costs of complying with those laws are a major concern to U.S. multinational corporations. High costs of complying with complex tax rules and the nature of these rules are widely viewed as an impediment to the ability of U.S. multinational corporations to effectively...

Need for innovative and active-learning activities to enhance the teaching-learning experience have never been greater. Students of the ‘video generation,' compared to prior generations, often have learning styles that are not well matched to the traditional classroom lecture format of...

This paper provides a brief overview of three countries, including background information, accounting, and capital markets. The countries represent three major world regions: India in southwest Asia, Singapore in the Pacific Rim, and South Africa in Africa. Each country plays a major economic...

In 1494, the first book on double-entry accounting was published by Luca Pacioli. Since Pacioli was a Franciscan friar, he might be referred to simply as Friar Luca. While Friar Luca is regarded as the "Father of Accounting," he did not invent the system. Instead, he simply described a method...

Identity theft affects the lives of countless Americans and is the fastest growing crime in America. Most instances of identity theft are attributable to breaches of privacy or confidentiality. Professional accountants, especially management accountants, internal auditors, and external auditors,...

Accounting educators are being called on to provide a greater emphasis on ethics education. This paper examines three important issues concerning ethics education in accounting. First, the question of whether ethics can indeed be taught is examined. Next, several innovative approaches are...

For decades the marriage penalty tax (MPT) has been debated, reduced, increased, and muddled in the US tax system. The issue is important to individual taxpayers, as well as to policy-makers, academic researchers, and society overall. Research shows that the MPT has a negative impact on marital...

Prior research has shown that a work environment that facilitates work-life balance not only benefits the personal lives of employees but leads to better job performance and ethical decision-making. Allocation of time between career and personal life is an age-old challenge for working people....

The arrangement in which a manager, that is, an agent, works for the benefit of a property owner has been around since the beginning of human history. An early example is found in the parable of the “shrewd manager,” told by Jesus of Nazareth. This study presents empirical evidence that will...