Monday, August 6, 2007
10:30 am-12:00 pm
1.1 A Proposed Accounting Curriculum
Presenters:
Joel Demski, University of Florida
John Fellingham, The Ohio State University
1.2 Accounting, Anthropology, and Archaeology
Moderator: Greg Waymire, Emory University
Panelists:
Sudipta Basu, Temple University
William Goetzmann, Yale University
Paul Miranti, Rutgers University
1.3 The Global Accounting Digital Library Project: Present and Future
Moderator: Miklos Vasarhelyi, Rutgers University
Panelists:
Eric Cohen, PricewaterhouseCoopers
Daniel L. Jensen, The Ohio State University
Charles Popovich, The Ohio State University
1.4 Auditor Decision Making
Moderator: Edward R. Walker, McNeese State University
The Effect of Stopping Rules on the Evaluation of Audit Evidence.
Peter R. Gillett, Rutgers University; Marietta Peytcheva, Rutgers University
Discussant: Scott B. Jackson, University of South Carolina
Role of Cognitive Need in Audit Decision Making.
Caroline O. Ford, Baylor University; William R. Pasewark, Texas Tech University
Discussant: Velina K. Popova, University of Oklahoma
Auditors' "Covering Your Bases" Strategies.
Anna Cianci, Drexel University; James Bierstaker, Villanova University
Discussant: Robin R. Pennington, North Carolina State University
1.5 Issues Involving Fraud and Whistleblowing
Moderator: Dennis Bline, Bryant University
A Field Investigation of Auditors' Use of Brainstorming in the Consideration of Fraud.
Joseph F. Brazel, North Carolina State University; Tina D. Carpenter, University of Georgia; J. Gregory Jenkins, Virginia Polytechnic Institute & State University
Discussant: Kathy Hurtt, Baylor University
The Intention of Accounting Managers to Whistleblow in Situations of Questionable Ethical Dilemmas.
Lynn H. Clements, Florida Southern College; Tara J. Shawver, King's College
Discussant: Deborah L. Seifert, Illinois State University
How Trust Underpins Auditor Fraud Risk Assessments.
Jose Hernandez, Vrije Universiteit Amsterdam; Tom Groot, Vrije Universiteit Amsterdam
Discussant: Chad Simon, University of Georgia
1.6 Diversity of Views of Continuous Monitoring/Auditing
Moderator: Patrick McDonnell, The McDonnell Company
Panelists:
Lynford Graham, Author and Consultant
Michael Groomer, Indiana University
J. Robert Mooney, College of William & Mary
Joseph Steakley, HCA
1.7 Trends in Attracting Accounting Faculty and Students
Moderator: Jack M. Ruhl, Western Michigan University
The Number of Graduates from U.S. Accounting Doctoral Programs: The Association with Faculty and Reputational Attributes.
Karin A. Petruska, Kent State University; Pervaiz Alam, Kent State University; Michael Pearson, Kent State University
Attracting the "Best and the Brightest": An Empirical Assessment of Non-Doctoral Program Success in the Accounting Faculty Recruitment Wars.
Timothy J. Fogarty, Case Western Reserve University; Brian Hogan, Case Western Reserve University
Trends in Accounting Student Characteristics: An Update of a 15-Year Longitudinal Study at FSA Schools.
Stacy Kovar, Kansas State University; Irvin T. Nelson, Utah State University; Jeffrey J. Quirin, Wichita State University; Valaria P. Vendrzyk, University of Richmond
1.8 AS 5 and Fraud Detection: Updates and Observations
Moderator: Christine Earley, Bentley College
Panelists:
Toby J. F. Bishop, Deloitte Financial Advisory Services LLP
Greg Scates, Public Company Accounting Oversight Board (PCAOB)
Harold I. Zeidman, KPMG LLP
Mark F. Zimbelman, Brigham Young University
1.9 Audit Quality I
Moderator: Cathleen L. Miller, Wayne State University
Auditor Locality, Audit Quality and Audit Pricing.
Jong-Hag Choi, Seoul National University; Jeong-Bon Kim, Concordian University and Hong Kong Polytechnic University; Aini Qiu, Hong Kong Polytechnic University; Yoonseok Zang, Singapore Management University
Discussant: Shifei Chung, Rowan University
The Effect of Big 4 Office Size on Audit Quality.
Jere R. Francis, University of Missouri–Columbia; Michael D. Yu, Washington State University
Discussant: Stephen L. Taylor, University of New South Wales
Information Asymmetry, Verification Costs, and Information Quality: Evidence from the U.S. Audit Market.
Kevan L. Jensen, University of Oklahoma; Jin Mo Kim, University of Missouri–Kansas City; Han Yi, University of Oklahoma
Discussant: Stephan Fafatas, Washington & Lee University
1.10 Independence—Experiments and Field Research
Moderator: Rebekah Sheely Heath, Pittsburg State University
The Connotative Meaning of Independence in the Context of Audit: Demand and Supply Side Interpretations.
Graeme L. Wines, Deakin University
Discussant: Steve Salterio, Queen's University
Belief Revision among Accounting Practitioners Regarding the Effect of Nonaudit Services on Auditor Independence.
Philip Beaulieu, University of Calgary; Alan Reinstein, Wayne State University
Discussant: Michael M. Grayson, Jackson State University
U.K. Shareholders' Views of the Threats to Auditors' Independence.
Eleanor Margaret Dart, Cardiff University; Roy Chandler, Cardiff University
Discussant: Aretha Hill, Florida A&M University
1.11 Modeling Audit Risk and Materiality
Moderator: James E. Rebele, Robert Morris University
Assurance and Materiality in Group and Other Multi-Component Audits.
Trevor Stewart, Deloitte & Touche
Discussant: Robert Riley Tucker, University of Florida
On the Conditions That Audit Risk Increases with More Information.
Yasuhiro Ohta, Keio University
Discussant: Mark C. Penno, University of Iowa
An Analysis of the Relationship between Accounting Restatements and Quantitative Benchmarks of Audit Planning Materiality.
Hanmei Chen, Arizona State University; Kurt Pany, Arizona State University; Jian Zhang, San Jose State University
Discussant: Hui Chen, Vanderbilt University
1.12 Model Forensic Curriculum
Moderator: Tom Weirich, Central Michigan University
Panelists:
Mary Jo Kranacher, Editor-in-Chief, CPA Journal
Sri Ramamoorti, Grant Thornton
Richard A. Riley, Jr., West Virginia University
1.13 Analytical Modeling of Financial Reporting Systems
Moderator: Charles Shi, University of California, Irvine
Principles-Based Accounting, Legal Liability, and Asymmetric Information Problems.
Mingcherng Deng, Columbia University
Discussant: Lin Nan, Assistant Professor
Hail, Procrustes!
Jack Stecher, Norwegian School of Economics and Business Administration; Jeroen Suijs, RSM Erasmus University
Discussant: Lin Nan, Assistant Professor
Corporate Governance in a Competitive Environment.
Richard C. Sansing, Dartmouth College; Phillip C. Stocken, Dartmouth College
Discussant: Lin Nan, Assistant Professor
1.14 Consequences of Sarbanes-Oxley
Moderator: Laurel A. Franzen, The University of Texas Dallas
An Examination of the Impact of the Sarbanes-Oxley Act on the Attractiveness of U.S. Capital Markets for Foreign Firms.
Peter Hostak, University of Massachusetts Dartmouth; Emre Karaoglu, University of Southern California; Thomas Lys, Northwestern University; Yong Yang, The Chinese University of Hong Kong
Discussant: Mikhail Pevzner, George Mason University
The Sarbanes-Oxley Act and the Flow of International Listings.
Joseph Piotroski, University of Chicago; Suraj Srinivasan, University of Chicago
Discussant: Mikhail Pevzner, George Mason University
Mechanisms to Meet/Beat Analyst Earnings Expectations in the Pre- and Post-Sarbanes-Oxley Eras.
Eli Bartov, New York University; Daniel Cohen, New York University
Discussant: Mikhail Pevzner, George Mason University
1.15 Earnings Restatements
Moderator: Matthew Wieland, University of Georgia
Disclosure Credibility and Market Reaction to Restatements.
Elizabeth A. Gordon, Rutgers University; Elaine Henry, University of Miami; Marietta Peytcheva, Rutgers University; Lili Sun, Rutgers University
Discussant: Theodore H. Goodman, The University of Arizona
Earnings Misstatements, Restatements and Corporate Governance.
William Heninger, Brigham Young University; Yongtae Kim, Santa Clara University; Sandeep Nabar, Oklahoma State University
Discussant: Theodore H. Goodman, The University of Arizona
Management Intent and CEO and CFO Turnover around Earnings Restatements: Evidence from the Post-Enron Era.
Karen M. Hennes, The Pennsylvania State University; Andrew J. Leone, The Pennsylvania State University; Brian P. Miller, The Pennsylvania State University
Discussant: Theodore H. Goodman, The University of Arizona
1.16 Equity Valuation
Moderator: Marlene Plumlee, University of Utah
Abnormal Operating Cash Flows: Applications for Forecasting Financials, Predicting Earnings Restatements, and Selecting Portfolios.
Jianming Ye, Baruch College–CUNY; Masako Darrough, Baruch College–CUNY
Discussant: Qiang Cheng, University of British Columbia
Is Residual Income Really Uninformative About Stock Returns?
Sudhakar V. Balachandran, Columbia Business School; Partha S. Mohanram, Columbia Business School
Discussant: Qiang Cheng, University of British Columbia
The Valuation-Relevance of the Foreign Translation Adjustment: The Impact of Barriers to Entry and Rigidity of Wages.
Suresh Radhakrishnan, The University of Texas at Dallas; Albert Tsang, The University of Texas at Dallas
Discussant: Qiang Cheng, University of British Columbia
1.17 Insider Trading and Option Exercises
Moderator: David B. Farber, University of Missouri
Are Executive Stock Option Exercises Driven by Private Information?
David Aboody, University of California Los Angeles; John Hughes, University of California, Los Angeles; Jing Liu, University of California, Los Angeles; Wei Su, University of California, Los Angeles
Discussant: Brian D. Cadman, Northwestern University
Sarbanes-Oxley Act and Insider Trading around Financial Restatement Announcements.
Oliver Li, University of Notre Dame; Yuan Zhang, Columbia University
Discussant: Brian D. Cadman, Northwestern University
The Credibility of Voluntary Disclosure and Insider Stock Transactions.
Feng Gu, SUNY at Buffalo; John Q. Li, Suffolk University
Discussant: Brian D. Cadman, Northwestern University
1.18 Meeting Earnings Expectations
Moderator: Carol L. Anilowski, Purdue University
Once Bitten, Twice Shy: The Relation Between Outcomes of Earnings Guidance and the Provision of Subsequent Guidance.
Mei Feng, University of Pittsburgh; Adam Koch, Carnegie Mellon University
Discussant: Yonca Ertimur, Duke University
The Role of Corporate Governance in the Meet or Beat Phenomenon: The Case of Habitual Beaters.
Davit Adut, University of Cincinnati; Augustine Duru, Kogod School of Business; Pradyot Sen, University of Cincinnati
Discussant: Yonca Ertimur, Duke University
The Effect of Meeting or Missing Earnings Expectations on Information Asymmetry.
Stephen Brown, Emory University; Stephen A. Hillegeist, INSEAD; Kin Lo, University of British Columbia
Discussant: Yonca Ertimur, Duke University
1.19 Charitable Giving and Fundraising
Moderator: Karen B. McCarron, Gordon College
Misreporting Fundraising: How Do Nonprofit Organizations Account for Telemarketing Campaigns?
Elizabeth K. Keating, Harvard University; Linda M. Parsons, The University of Alabama; Andrea A. Roberts, Boston College
Discussant: Shirley Hunter, Tufts University
Head or Heart: Program Efficiency and Reciprocity as Antecedents of Donations.
Evelyn A. McDowell, Rider University; Timothy J. Fogarty, Case Western Reserve University
Discussant: Bambi Hora, University of Central Oklahoma
Do Organizational Factors and Financial Performance Measures Impact the Decisions of Funding Sources of Faith-Based Organizations?
Kamala Raghavan, Robert Morris University; Lynne Lampkin, Robert Morris University
Discussant: Heli Marjut Hookana, Turku School of Economics
1.20 Accounting for Slaves and Indentured Workers
Moderator: Stephanie D. Moussalli, University of West Florida
Accounting for the "Business of Suffering": The Practices and Problems of the Slave Trader in Antebellum Richmond.
Jan Richard Heier, Auburn University Montgomery
Discussant: Jack M. Ruhl, Western Michigan University
An Analysis of the 1862 M&O Railroad and Other Antebellum Payroll Records.
Andrew D. Sharp, Spring Hill College; Gary John Previts, Case Western Reserve University; Dale L. Flesher, University of Mississippi
Discussant: Jack M. Ruhl, Western Michigan University
The Livret System: A Unique Accounting Artifact in the History of Indentured Labor.
Thomas N. Tyson, St. John Fisher College; Shanta S. K. Davie, University of Newcastle Business School
Discussant: Jack M. Ruhl, Western Michigan University
1.21 Auditing
Moderator: Mehmet C. Kocakulah, University of Southern Indiana
Why Big 4 Firms are not Employed: An Empirical Analysis of Auditor Switches from Big 4 to Local Firms in China.
Charles J. P. Chen, City University of Hong Kong; Xijia Su, City University of Hong Kong; Xi Wu, Central University of Finance & Economics
Discussant: Mallikarjun G. Hiremath, Commerce Accountancy & Management
Does Order of Audit Partners Matter? Audit Quality under Dual Attestation System.
Rong-Ruey Duh, National Taiwan University; Der-Fen Huang, National Dong Hwa University; Chi-Ping Hou, Tzu Chi College of Technology
Discussant: Aida Sy, University of Bridgeport
U.S. and Canadian Audit Markets: Segmentation and Earnings Quality.
Mohinder Parkash, Oakland University; Rajeev Singhal, Oakland University
Discussant: Flora Niu, Wilfrid Laurier University
1.22 Case Studies and Education
Moderator: Finley Graves, University of North Texas
Foreign Currency Translation: A Case Study Based on New Accounting Standards in Australia.
Eva K. Jermakowicz, Tennessee State University; Svetlana Vlady, Griffith University
Discussant: Ahmed M. Ebrahim, SUNY at New Paltz
Earnings Conservatism and Equity Raising of Cross-Listed Firms.
Martien Lubberink, Lancaster University; Carel Huijgen, University of Groningen
Discussant: Wendy Wilson, Southern Methodist University
Academic Accounting in Canada: Bucking the North American Trend or the Last Bastion of Disciplinary Strength.
Timothy J. Fogarty, Case Western Reserve University
Discussant: Susan Boedeker Hughes, University of Vermont
1.23 Corporate Governance
Moderator: Heibatollah Sami, Lehigh University
Bank-Firm Relationships and Security Analyst Activities: Evidence from Japan.
Kentaro Koga, University of Illinois at Urbana–Champaign; Satomi Uchino, Waseda University
Discussant: Andrew A. Anabila, Pace University
On the Association between Executive Stock Bonus and Voluntary Establishment of Independent Directors and Supervisors—Evidence from Taiwan.
Hsin-Chi Chen, National Taipei University; Chunghuey Linda Huang, National Taipei University
Discussant: Sakthi Mahenthiran, Butler University
Board Effectiveness: Investigating Payment Asymmetry between Board Members and Shareholders.
Wuchun Chi, National Chengchi University; Chung-Yuan Hsu, National Chengchi University; Wan-Ying Lin, National Chengchi University
Discussant: Robert Rambo, Providence College
1.24 Fundamental Research Issues Raised by International Corporate Governance Comparisons
Moderator: Stephen A. Zeff, Rice University
Panelists:
Bob Herz, Financial Accounting Standards Board
Robert Hodgkinson, Institute of Chartered Accountants in England
and Wales
Christian Leuz, University of Chicago
1.25 Cases and Projects for the AIS Course
Moderator: David T. Dearman, University of Arkansas, Fort Smith
Discovery Learning: An AIS Hands-On Activity in Data Transmission Systems.
David R. Fordham, James Madison University
Discussant: Som Bhattacharya, Florida Atlantic University
Assessing Information Technology General Control Risk: An Instructional Case.
Carolyn Strand Norman, Virginia Commonwealth University; Mark D. Payne, Ernst & Young LLP; Valaria P. Vendrzyk, University of Richmond
Discussant: Richard Newmark, University of Northern Colorado
Preparing Graphical Representations of Business Processes and Making Inferences from Them.
A. Faye Borthick, Georgia State University; Anthony O. Vance, Georgia State University
Discussant: Joann Segovia, Minnesota State University Moorhead
1.26 Development of Management Accounting Practices in China
Moderator: Amy Hing-Ling Lau, The University of Hong Kong
Panelists:
Raef Lawson, Institute of Management Accountants
Ken Merchant, University of Southern California
Lixia Tang, Haier Group Co. Ltd.
1.27 Method Issues in Management Accounting Studies
Moderator: To Be Announced
Scientific Reporting in Management Accounting.
Frederick Lindahl, The George Washington University
Discussant: Mike Shields, Michigan State University
Modern Management Techniques' Impact on Performance: Do Matched Sample Studies Provide Valid Evidence?
Donald P. Cram, Unaffiliated; Vijay Karan, California State University, Fullerton; Iris Stuart, California State University, Fullerton
Discussant: Tatiana Sandino, University of Southern California
Performance Standards, CEO Compensation and Pay Sensitivity Estimates.
Sheen Liu, Washington State University; Peter D. Woodlock, Youngstown State University
Discussant: Shane S. Dikolli, Duke University
1.28 Board Compensation and CEO Compensation
Moderator: Lois S. Mahoney, Eastern Michigan University
Corporate Governance: The Relation between the Timing of the Replacement of Arthur Andersen and Board Equity Compensation and Ownership.
James C. Flagg, Texas A&M University; Sarah A. Holmes, East Central University
Discussant: Andrew J. Felo, Pennslvania State Great Valley
Does Compensating Directors with Stock Options Increase the Likelihood of Internal Control Weaknesses?
Hui Du, The University of Texas–Pan American; Alan Jiang, SUNY at Old Westbury
Discussant: Sarah McVay, New York University
Speculative Markets and CEO Compensation.
Mahmoud M. Nourayi, Loyola Marymount University
Discussant: Elizabeth T. Cole, University of South Carolina Upstate
1.29 Reporting and the Effects of the Sarbanes-Oxley Act
Moderator: Paul D. Hutchison, University of North Texas
Corporate Social Responsibility and Executive Compensation before and after Sarbanes-Oxley.
Lois S. Mahoney, Eastern Michigan University; Pamela Roush, University of Central Florida; Linda Thorne, York University
Discussant: Mostafa M. Maksy, Northeastern Illinois University
Financial Reporting after the Sarbanes-Oxley Act: Conservative or Less Earnings Management?
Jian Zhou, SUNY at Binghamton
Discussant: Pamela Roush, University of Central Florida
Ethics Disclosure and Likelihood of Fraudulent Financial Reporting.
Obeua S. Persons, Rider University
Discussant: Martha S. Doran, San Diego State University
1.30 Storms: Real and Metaphorical
Moderator: Charles Cullinan, Bryant University
Accidentally in the Public Interest: The Perfect Storm that Yielded the Sarbanes-Oxley Act.
Joseph Canada, University of Central Florida; John R. Kuhn, University of Central Florida; Steve G. Sutton, University of Central Florida and University of Melbourne
Discussant: Brian Shapiro, University of St. Thomas (St. Paul, MN)
Earnings Management by Oil Companies in Response to High Political Cost in the Post Hurricanes Katrina and Rita Period.
Donal Byard, Baruch College–CUNY; Mahmud Hossain, University of Memphis; Santanu Mitra, Wayne State University
Discussant: Brian Shapiro, University of St. Thomas (St. Paul, MN)
Social Responsiveness, Profitability and Catastrophic Events: Evidence on the Corporate Philanthropic Response to 9/11.
William Crampton, Illinois State University; Dennis M. Patten, Illinois State University
Discussant: Brian Shapiro, University of St. Thomas (St. Paul, MN)
1.31 Accounting Programs at Metropolitan Schools
Moderator: Alan Reinstein, Wayne State University
Panelists:
Tom Calderon, University of Akron
Bruce Cole, Virchow Krause CPAs
1.32 New Methods of Approaching Community College Student Learning
Moderator: Bear C. Chang, California State University, Dominiquez Hills
Critical Thinking Development in Community College Programs.
Alan Reinstein, Wayne State University; Gerald H. Lander, University of South Florida, St. Petersburg
Discussant: Karen B. McCarron, Gordon College
Students' Self Efficacy and Strategies for Teaching Undergraduate Accounting to Non-Accounting Majors.
Mawdudur Rahman, Suffolk University; Gail Sergenian, Suffolk University
Discussant: Bear C. Chang, California State University, Dominiquez Hills