As well as a two-fold contribution to the literature as highlighted in their paper, “Financial Disruptions and the Cyclical Upgrading of Labor” (2017:8), and elaborated on by Epstein et al, the reconciliation of two quantitative limitations of current general equilibrium theories...

In considering all the points highlighted in this presentation, as outlined by the OECD (see OECD (2011), Corporate Loss Utilization through Aggressive Tax Planning, OECD Publishing), one salient point to be accentuated relates to the disadvantage of audits as a means for detecting schemes...

This paper is aimed at illustrating that certain capacities exist whereby the dual role of the external auditor (in undertaking internal audit roles as well as skilled persons roles) could be exercised to the optimal and maximum benefit of an entity or organisation. It also aims to accentuate on...

This paper presents the results of the moderated multiple regression analysis to show that, all else held equal, there exists a positive premium in the valuation of S Corporations over C Corporations in the period of January 2000 to November 2006. The results of the regression show that the...

Hundreds of studies have been published in forensic accounting journals over the past 15 years on various topics using a variety of research methods. But the basic question has yet to be addressed – what is the purpose of research in forensic accounting? Forensic accounting and forensic...

Forensic accountants are routinely engaged to calculate damages when a personal economic loss is the result of a harmful act. In a legal setting, the individual harmed (the plaintiff) and the person who caused the harm (the defendant) are usually at odds regarding the amount of financial...

This paper presents an applied teaching case intended for use in a graduate forensic accounting course. In this case, readers obtain a qualitative fact pattern from two different perspectives regarding case specific perspectives. Readers also receive quantitative information that will require...

This study investigates whether the valuation approaches for closely held companies preferred by courts vary by industry type. Our difference of means tests find that income valuation approaches are preferred by courts over either asset or market approaches for cases involving the valuation of...

We tested whether the change from SFAS 141 to SFAS 141r/ASC 805 had any effect on restatements due to goodwill impairment. Our findings suggest that the implementation of SFAS 141r increased the likelihood of a financial restatement by 2.5 times. Board of Director and Audit Committee involvement...