the accounting profession, the responsibility of regulatory agencies, and those faced by managers individually. There is …

labor market penalties upon revelation of accounting fraud? Are all executive directors treated by markets as a homogenous …/methodology/approach – Board membership of incumbent directors in US firms accused of accounting fraud are tracked for three years after the … likelihood that incumbent directors leave the accused firm's board upon accounting fraud revelation. The likelihood of losing at …

. Findings – The paper illustrates how value‐added statements (which are based on conventional financial accounting) can provide …

by management or controlling shareholders. They use the curtailment of earnings management as a desirable and measureable …

be attained. Practical implications – For practitioners in both the statistics profession and management accounting who …

Purpose – The purpose of this paper is to describe and analyze the accounting standards reforms that have moved the … accounting profession away from rules‐based towards principles‐based accounting practice and financial reporting, and to explore … financial misstatements. Design/methodology/approach – The paper critically reviews the internationally accepted accounting …

Purpose – The purpose of this paper is to integrate business process management (BPM) and accounting on a conceptual …” approach to accounting theory, builds on the REA accounting model that has been adapted for the design of a process accounting … systems (PAIS) to enable process-oriented accounting. The PAM is specified as a light weight data structure that is intended …

The use of a deterministic numeric paradigm in auditing and accounting may well be the root cause of many current … problems. This paper argues that risk‐based accounting methods should start using probabilistic inputs which would show … resultant distributions as output. “Stochastic accounting” would better inform users of financial information. Although this …