Altman's Z-score is introduced in an Excel framework to produce a quick calculation of the Z-score with actual financial data available through the Internet. The lesson plan developed is easily introduced with topics concerning ratio analysis, financial risk, bond rating changes, and bankruptcy....

This study investigates the market's reaction to companies hiring accounting and finance officers directly from their external audit firms - the auditor to - client hiring practice referred to as the ‘‘revolving door.'' The Sarbanes-Oxley Act (SOX) eliminated this hiring practice, reflecting...