Monday, August 6, 2007
2:15 pm - 3:45 pm
2.1 Accounting Foundations–Neuroscience
Moderator: John Dickhaut, University of Minnesota
Panelists:
James Rilling, Emory University
Aldo Rustichini, University of Minnesota
2.2 Financial Accounting Standards Research Initiative
Moderator: Robert Bloomfield, Cornell University
Panelists:
Patrick Hopkins, Indiana University
Tom Linsmeier, FASB
Robert Lipe, University of Oklahoma
Mark Nelson, Cornell University
2.3 Multiple Standard Setters in Auditing: Pros and Cons–The Standard Setters Speak
Moderator: Joseph Carcello, The University of Tennessee
Panelists:
Jeanette Franzel, GAO
James Gunn, IAASB
Chuck Landes, AICPA
Jennifer Rand, PCAOB
2.4 SEC-Related Research: Accounting-Motivated Transactions, Backdated Options and IFRS Reconciliation
Moderator: Jonathan Glover, Carnegie Mellon University
Panelists:
David Cicero, SEC, Office of Economic Analysis
Bjorn Jorgensen, Columbia University
Shiva Rajgopal, University of Washington
Scott Taub, Managing Director, Financial Reporting Advisors, LLC
2.5 Investor Behavior–Session A
Moderator: John Thomas Rigsby, Mississippi State University
Estimate-Related Sensitivity Disclosures and Investors' Reliability Judgments.
W. Brooke Elliott, University of Illinois at Urbana-Champaign; Kevin E. Jackson, University of Illinois at Urbana-Champaign; Steven D. Smith, University of Illinois at Urbana-Champaign
Discussant: Keith T. Jones, Illinois State University
Users' Judgments of Managers and Auditors: The Impact of Accounting Treatment and Reconciliation.
Susan D. Krische, University of Illinois at Urbana-Champaign; Paula R. Sanders, University of Illinois at Urbana-Champaign; Steven D. Smith, University of Illinois at Urbana-Champaign
Discussant: Allen D. Blay, University of California, Riverside
Commercial Lender Judgments and Fair-Value Recognition: An Investigation into the Impact of Future Accounting Standards.
Rick C. Warne, University of Utah
Discussant: Max R. Hewitt, Indiana University
2.6 Taxpayer and Tax Preparer Judgments
Moderator: D. Larry Crumbley, Louisiana State University
Do Effects of Client Preference on Accounting Professionals' Information Search and Subsequent Judgments Persist with High Practice Risk?
Kathryn Kadous, Emory University; Anne Magro, George Mason University; Brian Spilker, Brigham Young University
Discussant: Natalia Kotchetova, University of Waterloo
The Role of Taxpayers' Emotional Reactions to Multiple Outcomes In Tax Compliance Behavior.
Kimberly K. Moreno, Northeastern University; Debra Salbador, Virginia polytechnic Institute & State University; Sudip Bhattacharjee, Virginia Polytechnic Institute & State University
Discussant: Diana Falsetta, University of Miami
Jurors' Evaluations of Decision-Aid Use in a Tax Malpractice Setting.
Robert J. Rufus, Nova Southeastern University; John Sennetti, Nova Southeastern University
Discussant: Valrie Chambers, Texas A&M University-Corpus Christi
2.7 Taxes and Investment I
Moderator: Nazik S. Roufaiel, SUNY at Empire State College
Asymmetric Taxation of Gains and Losses and the Willingness to Invest.
Caren Sureth, University of Paderborn; Armin Voss, University of Magdeburg
Discussant: Darlene A. Pulliam, West Texas A&M University
Taxes and Investment Opportunities: Valuing Permanently Reinvested Foreign Earnings.
Lisa Bryant-Kutcher, University of Oregon; David A. Guenther, University of Oregon; Lisa Hersrud, University of Oregon
Discussant: Belinda Charlene Henderson, University of Arkansas
A General Tax Paradox under Uncertainty and Low Growth-Interest Rate Differential.
Thomas Gries, University of Paderborn; Ulrich Prior, University of Paderborn; Caren Sureth, University of Paderborn
Discussant: Richard C. Sansing, Dartmouth College and Tilburg University
2.8 Assurance Panel
Moderator: Bob Colson, Grant Thornton LLP
Panelists:
Robert Hodgkinson, Institute of Chartered Accountants in England
and Wales
William R. Kinney, The University of Texas at Austin
Miklos Vasarhelyi, Rutgers University
2.9 Audit Planning and Evidence Decisions
Moderator: Kendall O. Bowlin, The University of Texas at Austin
Auditors' Assessment of Evidence and Its Integration over Multiple Assertions.
Hironori Fukukawa, Hitotsubashi University; Theodore J. Mock, University of Southern California and University Maastricht
Discussant: James Bierstaker, Villanova University
Auditor Judgment about Misstatement Risk at the Account Level in a Risk-Based Audit: A Descriptive Model and Experimental Evidence.
Natalia Kotchetova, University of Waterloo; Ed O'Donnell, University of Kansas; Alan Webb, University of Waterloo
Discussant: Jacqueline Hammersley, University of Georgia
Audit Resource Planning Success in B2B E-Commerce: Development and Testing of a Measurement Scale.
Jagdish Pathak, University of Windsor; Amelia Baldwin, The University of Alabama in Huntsville
Discussant: Eric N. Johnson, Indiana University
2.10 Choice of Auditors
Moderator: Karl Hackenbrack, Vanderbilt University
Evidence of Opinion Shopping in the U.S.
Ferdinand A. Gul, The Hong Kong Polytechnic University; Kam-Wah Lai, The Hong Kong Polytechnic University; Heibatollah Sami, Lehigh University
Discussant: Mike Stein, Old Dominion University
The Impact of Workload Compression on Busy Season Auditor Switches.
Dennis M. López, The University of Texas at San Antonio; Gary F. Peters, University of Arkansas
Discussant: Mary W. Sullivan, The George Washington University
Compliance with Auditor Change Disclosure Requirements: Theory and Empirical Tests.
Michael Ettredge, University of Kansas; Karla Johnstone, University of Wisconsin-Madison; Mary Stone, The University of Alabama; Qian Wang, University of Kansas
Discussant: Kathleen Hertz Rupley, Portland State University
2.11 Corporate Governance
Moderator: Chris Hogan, Michigan State University
The Increased Role of the Audit Committee after SOX: Managing Relationships with the External Auditor.
Udi Hoitash, Rutgers University; Rani Hoitash, Bentley College
Discussant: Parveen Parkash Gupta, Lehigh University
Do Auditors Price Audit Committee's Expertise? The Case of Accounting versus Non-Accounting Financial Experts.
Gopal V. Krishnan, George Mason University; Gnanakumar Visvanathan, George Mason University
Discussant: Scott Bronson, Michigan State University
The Association between Audit Committee Characteristics, the Contracting Process and Fraudulent Financial Reporting.
Lisa A. Owens-Jackson, Clemson University; Diana Robinson, North Carolina A&T State University; Sandra Waller Shelton, DePaul University
Discussant: Barbara Grein, Drexel University
2.12 Diversity in Corporate Governance
Moderator: Deborah L. Seifert, Illinois State University
Gender Diversity in Corporate Governance and Top Management.
Claude Francoeur, HEC Montreal; Réal Labelle, HEC Montreal; Bernard Sinclair-Desgagné, HEC Montreal
Discussant: Timothy J. Fogarty, Case Western Reserve University
Do Female Directors Constrain Earnings Management? Some Evidence from Earnings Quality and Market Perceptions of Earnings Quality.
Ferdinand A. Gul, The Hong Kong Polytechnic University; Bin Srinidhi, The Hong Kong Polytechnic University; Judy Tsui, The Hong Kong Polytechnic University
Discussant: Ann Ownby Hicks, North Park University
Race and the Development of Career Interest in Accounting.
Kevin L. James, Middle Tennessee State University; Cecil Hill, Jackson State University
Discussant: Kathryn K. Epps, Kennesaw State University
2.13 CFO Turnover and Certifications
Moderator: Sanjian (William) Zhang, Lehigh University
CFO Turnover following Adverse SOX 404 Opinions.
Michael Ettredge, University of Kansas; Chan Li, University of Kansas; Lili Sun, Rutgers University
Discussant: Jim Irving, College of William & Mary
Pump and Jump: Earning Management around CFO Turnovers.
Steven Balsam, Temple University; Setiyono Miharjo, Temple University and Universitas Gadjah Mada; Eric Press, Temple University
Discussant: Jim Irving, College of William & Mary
The Litigation Cost Implications of CEO's and CFO's Certification.
Farshid Navissi, Monash University; Vic Naiker, Auckland University; Mukesh Garg, Monash University
Discussant: Jim Irving, College of William & Mary
2.14 Corporate Fraud
Moderator: Wendy Wilson, Southern Methodist University
Benchmarking Against the Performance of High Profile "Scandal" Firms.
Emre Karaoglu, University of Southern California; Tatiana Sandino, University of Southern California; Randy Beatty
Discussant: Carol Marquardt, Baruch College-CUNY
Whistle-Blowing: Target Firm Characteristics and Economic Consequences.
Robert M. Bowen, University of Washington; Andrew C. Call, University of Georgia; Shiva Rajgopal, University of Washington
Discussant: Carol Marquardt, Baruch College-CUNY
Predicting Material Accounting Misstatements.
Patricia M. Dechow, University of Michigan; Weili Ge, University of Washington; Chad R. Larson, University of Michigan; Richard G. Sloan, University of Michigan
Discussant: Carol Marquardt, Baruch College-CUNY
2.15 Goodwill Impairments
Moderator: Juan Manuel Sanchez, University of Arkansas
Has Goodwill Accounting under SFAS No. 142 Improved Financial Reporting?
Dennis J. Chambers, University of Kentucky
Discussant: Greg Sommers, Southern Methodist University
Investors' Valuation of Goodwill and Goodwill Write-Offs: Pre-SFAS No. 142 versus Post-SFAS 142.
Anwer S. Ahmed, Texas A&M University; Lale Guler, Baruch College-CUNY
Discussant: Greg Sommers, Southern Methodist University
Goodwill Impairment under SFAS No. 142: An Examination of Management Reporting Decisions.
Feng Gu, SUNY at Buffalo
Discussant: Greg Sommers, Southern Methodist University
2.16 Research on Security Analysts
Moderator: Donald P. Pagach, North Carolina State University
Do Earnings Announcements Really Trigger Analysts' Private Information Acquisition?
Kai Wai Hui, Hong Kong University of Science and Technology; Eric Yeung, University of Georgia
Discussant: Nerissa C. Brown, University of Southern California
Does Information Uncertainty Affect Investor Response to Analysts' Forecast Revisions? An Investigation of Accounting Restatements.
Ran Ron Barniv, Kent State University; Jian Cao, Florida Atlantic University
Discussant: Nerissa C. Brown, University of Southern California
Book-Tax Differences and Financial Analysts' Recommendations.
Xiaoli Yuan, Florida International University
Discussant: Nerissa C. Brown, University of Southern California
2.17 SEC/FASB/IASB Financial Reporting Update
Moderator: Terry D. Warfield, University of Wisconsin
Panelists:
Mary Barth, International Accounting Standards Board
Michael Crooch, Financial Accounting Standards Board
James Kroeker, Securities and Exchange Commission
2.18 Segment Disclosures
Moderator: Siva Nathan, Georgia State University
Does Segment Profitability Reporting Matter?
Shu-Miao Lai, National Chengchi University; Chih-Liang Julian Liu, National Taiwan University; Tay-Chang Wang, National Taiwan University
Discussant: Ramgopal Venkataraman, University of Minnesota
Managerial Empire Building and Firm Disclosure.
Ole-Kristian Hope, University of Toronto; Wayne B. Thomas, University of Oklahoma
Discussant: Ramgopal Venkataraman, University of Minnesota
Manipulation of Internal Performance Measures: Evidence from SFAS No. 131 Disclosures.
Bradley Lail, University of Oklahoma
Discussant: Ramgopal Venkataraman, University of Minnesota
2.19 Gender Issues and Worklife Balance I
Moderator: Patricia H. Mounce, University of Central Arkansas
The Ethic of Care and Accounting Student Cheating Attitudes.
Darcy Becker, University of Wisconsin-Eau Claire; Ingrid Ulstad, University of Wisconsin-Eau Claire; James Rundall, University of Wisconsin-Eau Claire
Discussant: Michelle Bertolini, Florida Atlantic University
The Gendered Nature of Achievement: Not the Grade, But How You Got It.
Timothy J. Fogarty, Case Western Reserve University; Paul M. Goldwater, University of Central Florida
Discussant: D. Jordan Lowe, Arizona State University
The Impact of Sex, Value Orientations and Risk Attitudes on Trust and Reciprocity.
Kiridaran Kanagaretnam, McMaster University; Stuart Mestelman, McMaster University; Khalid Nainar, McMaster University; Mohamed Shehata
Discussant: Timothy J. Fogarty, Case Western Reserve University
2.20 Governance in Nonprofit Sector
Moderator: Kenneth R. Henry, Florida International University
The Role of Audit Committees in Nonprofit Organizations: An Empirical Investigation.
Annette K. Pridgen, University of Mississippi; Karl J. Wang, University of Mississippi
Discussant: Brian P. McAllister, Wichita State University
Constraining Managers without Owners: Governance of the Not-for-Profit Enterprise.
Mihir Desai, Harvard University; Robert Yetman, University of California, Davis
Discussant: Mary Ann Hofmann, Appalachian State University
The Effects of Governance on the Financial Reporting Quality of Nonprofit Organizations.
Michelle Higgins Yetman, University of California, Davis; Robert J. Yetman, University of California, Davis
Discussant: John M. Trussel, The Pennsylvania State University at Harrisburg
2.21 Auditing History
Moderator: Brigitte W. Muehlmann, Suffolk University
Risky Assurance Engagements: Archival Findings in Australian and New Zealand Courts.
Karen A. Van Peursem, University of Waikato; Neil P. Harnisch, University of Waikato
Discussant: Jane Mooney, Simmons College
Exploring Early 20th Century Fraud Engagements.
Lori L. Epping, University of Mississippi; Dale L. Flesher, University of Mississippi
Discussant: Jane Mooney, Simmons College
Auditor's Independence: Increasing Expectations and Expanding Responsibilities in the Early 1930s.
Diane H. Roberts, University of San Francisco
Discussant: Brigitte W. Muehlmann, Suffolk University
2.22 Information Systems to Support Managerial Decision Making
Moderator: Robert D. Slater, Texas A&M Corpus Christi
An Investigation of User and Provider Perceptions of Management Accounting System Services.
Kenton B. Walker, University of Wyoming; Eric N. Johnson, Indiana University Purdue University-Indianapolis; Gary M. Fleischman, University of Wyoming
Discussant: Andrea Kelton, University of South Florida
Complementarity and Performance Effects of Information Technology and Management Accounting/Controls in China.
Jason Zezhong Xiao, Cardiff University; Rong-Ruey Duh, National Taiwan University; Chee Chow, San Diego State University
Discussant: Mark Anderson, The University of Texas at Dallas
Examining Performance Measurement from an Integrated Perspective.
Laurie Burney, Mississippi State University; Michele Matherly, University of North Carolina at Charlotte
Discussant: Georgia Smedley, University of Nevada, Las Vegas
2.23 Information Technology and Firm Value
Moderator: Laura Ingraham, San Jose State University
Understanding Budgets, Investments, and Productivity of IT vis-à-vis Other Resources Using Partial Adjustment Models.
Akhilesh Chandra, The University of Akron; Nirup M. Menon, The University of Texas at Dallas; Birendra (Barry) K. Mishra, University of California, Riverside
Discussant: Kimberly Swanson Church, University of Arkansas
Determinants and Consequences of Information Technology Budgets.
Kevin Kobelsky, Baylor University; Vernon J. Richardson, University of Arkansas; Rodney Smith, California State University, Long Beach; Robert Zmud, University of Oklahoma
Discussant: Johnny Jiungyee Lee, Villanova University
Shaping up for Performance Impacts of Information Technology: The Role of Corporate Governance.
Joanna L. Y. Ho, University of California, Irvine; Anne Wu, National Chengchi University; Sean Xu, Hong Kong University of Science & Technology
Discussant: Kevin Kobelsky, Baylor University
2.24 Adoption of Management Accounting Practices
Moderator: John A. Brozovsky, Virginia Polytechnic Institute & State University
Explaining Management Accounting Innovation: The Effects of Strategy, Historical Performance and CFO Ccharacteristics.
Victor Maas, University of Amsterdam; David Naranjo-Gil, Pablo De Olavide University at Seville Spain; Frank Hartmann, RSM Erasmus University
Discussant: Margaret Anne Abernethy, University of Melbourne
A Methodology for Evaluating the Cost-Effectiveness of Alternative Management Tools in Public-Sector Institutions: An Application to Public Education.
Yaw M. Mensah, Rutgers University; Michael P. Schoderbek, Rutgers University; Robert H. Werner, Rutgers University
Discussant: James W. Hesford, Cornell University
The Effects of National Affiliation and Organizational Culture on Cost Accounting Practices in U.S. and German-Speaking Firms.
Kip R. Krumwiede, Boise State University; Augustin Suessmair, University of Lueneburg
Discussant: Kay M. Poston, South University
2.25 Management Control in Chinese Firms
Moderator: Jennifer Grafton, The University of Melbourne
Exploring the Facilitators, Impediments, and Performance Effects of Management Accounting and Controls in Chinese Firms.
Rong-Ruey Duh, National Taiwan University; Jason Z. Xiao, Cardiff University; Chee W. Chow, San Diego State University
Discussant: David T. Otley, Lancaster University Management School
Management Consultancy Adoption in Listed Chinese Companies.
Huihua Chen, Cardiff University; Chee W. Chow, San Diego State University; Rong-Ruey Duh, National Taiwan University; Jason Zezhong Xiao, Cardiff University
Discussant: Margaret H. Christ, The University of Texas at Austin
2.26 Performance Measurement Models
Moderator: Sally Widener, Rice University
Balanced Scorecard: Structure and Use in Canadian Organizations.
Marvin J. Soderberg, Grant MacEwan Community College; Suresh S. Kalagnanam, University of Saskatchewan; Norman Sheehan, University of Saskatchewan; Ganesh Vaidyanathan, University of Saskatchewan
Discussant: Margaret Shackell, University of Notre Dame
Are All Nonfinancial Performance Measures Created Equal? Evidence on Customer Satisfaction and Employee Satisfaction Measures from the Homebuilding Industry.
Clara Xiaoling Chen, University of Illinois at Urbana-Champaign; Melissa Martin, University of Southern California; Kenneth A. Merchant, University of Southern California
Discussant: Amal Said, University of Toledo
Common-Measures Bias in the Balanced Scorecard: Cognitive Effort and General Problem-Solving Ability.
Aleecia R. Hibbets, University of Louisiana at Monroe; Michael L. Roberts, University of Colorado at Denver; Thomas L. Albright, The University of Alabama
Discussant: Anne M. Farrell, University of Illinois at Urbana-Champaign
2.27 Accounting Standard Setter Processes and Outcomes
Moderator: Jane Mooney, Simmons College
Is the IASB Democratic or Are All Standard-Setters Not Created Equal?
Bryan Howieson, Adelaide University; Paul A. De Lange, RMIT University
Discussant: Robert K. Larson, University of Dayton
FASB's Initiative to Improve on the Quality of Standards: An Empirical Assessment of the Contribution of Constituents in the Commentary Stage.
Andrew A. Anabila, Pace University
Discussant: Ann L. Watkins, University of North Carolina at Greensboro
Making Imaginary Worlds Real: The Case of Stock Option Expensing.
Sue Ravenscroft, Iowa State University; Paul F. Williams, North Carolina State University
Discussant: Barbara D. Merino, University of North Texas
2.28 Professional Oversight and Initiatives
Moderator: C. Richard Baker, Adelphi University
In Whose Interests? An Examination of the Professional Ideology Revealed in the AICPA's State Cascade Project.
Peggy Dwyer, University of Central Florida; Anna Alon, University of Central Florida
Discussant: Joan Van Hise, Fairfield University
2.29 Tax: Policy and Implications
Moderator: Mary-Jo Kranacher, Editor-In-Chief, The CPA Journal
Understanding the Philosophical and Theoretical Bases for 25 Years of U.S. Tax Policy.
Amy M. Hageman, University of Central Florida; Vicky Arnold, University of Central Florida; Steve Sutton, University of Central Florida
Discussant: Brian Hogan, Case Western Reserve University
Transfer Pricing and Its Role in Tax Avoidance and Flight of Capital: Some Theory and Evidence.
Prem Sikka, University of Essex; Colin Haslam, University of Hertfordshire U.K.
Discussant: Brian Hogan, Case Western Reserve University
Is Limiting the Deductibility of Executive Compensation Serving the Public Interest? An Analysis of the Highest Paid CEOs Using Data Envelopment Analysis.
Elizabeth T. Cole, University of South Carolina Upstate; Diane A. Riordan, James Madison University
Discussant: Rebekah Sheely Heath, Pittsburg State University
2.30 Using the Milgirm Tapes to Teach Ethics in a Dynamic Setting
Moderator: Steven M. Mintz, California Polytechnic State University, San Luis Obispo
Panelists:
Robert J. Sack, University of Virginia
Pat Werhane, Loyola University Chicago
2.31 Accounting Ethics Education
Moderator: Mallikarjun G. Hiremath, Gogte College of Commerce
Who Should Teach Ethics Courses in Business and Accounting Programs?
Mohammad J. Abdolmohammadi, Bentley College
Discussant: To Be Announced
Moral Imagining: Toward Using Cognitive Science in Teaching Business Ethics.
Jesse F. Dillard, Portland State University; Sue Ravenscroft, Iowa State University
Discussant: Sheela Bhagat, Rust College
Ethics Education for Accounting Students: The Status Quo and the Proposals.
Ashley Beckett Soliz, University of Mississippi; Dale Flesher, University of Mississippi
Discussant: Mallikarjun G. Hiremath, Gogte College of Commerce
2.32 Teaching Financial Accounting
Moderator: Joseph H. Anthony, Michigan State University
First Motors Corporation: A Classroom Case on Impairments.
Tim Krumwiede, Bryant University; Emily Giannini, PricewaterhouseCoopers
Discussant: Bambi Hora, University of Central Oklahoma
A Conceptual Framework for the Reconciliation of Net Income to Operating Cash Flow.
Ting J. Wang, Governors State University; John Smigla, Myers University; Kamala Raghavan, Robert Morris University
Discussant: Mallikarjun G. Hiremath, Gogte College of Commerce
A Note on Teaching Bond Accounting.
Avinash Arya, University of Michigan-Flint
Discussant: David Dearman, University of Arkansas at Fort Smith
2.33 Facilitating Critical Thinking
Presenter:
Pete Wilson, Boston College