Tuesday, August 7, 2007
4:30 pm-6:00 pm
6.1 A Panel and Interactive Forum on Accounting Research Productivity—Can It, Should It Change?
Moderator: David K. Dennis, Otterbein College
Panelists:
Anne Beatty, The Ohio State University
Thomas Dyckman, Cornell University
Timothy J. Fogarty, Case Western Reserve University
Bruce Johnson, The University of Iowa
Bill McCarthy, Michigan State University
David B. Smith, University of Nebraska
Ray Stephens, Ohio University
Donna Street, University of Dayton
Paul Williams, North Carolina State University
6.2 The Federal Budget and Fiscal Future of the United States
Moderator: Alan Mayper, University of North Texas
Panelists:
David Walker, Comptroller General of the United States
Other Panelists from the Fiscal Wake-Up Tour
6.3 The Conceptual Framework and Accounting Principles: Historical Perspectives
Moderator: Jinghong Pierre Liang, Carnegie Mellon University
Panelists:
Yuji Ijiri, Carnegie Mellon University
George Sorter, New York University
George Staubus, University of California, Berkeley
Stephen Zeff, Rice University
6.4 Employees' Perceptions of the Workplace
Moderator: Thomas S. Clausen, University of Illinois at Springfield
Audit Practice and Organizational Change.
Louis A. Beaubien, Providence College
Discussant: Joshua Herbold, University of Montana
The Roles of Organizational Justice and Trust in a Gain-Sharing Control System.
Frances A. Kennedy, Clemson University; James M. Kohlmeyer III, East Carolina University; Robert J. Parker, University of New Orleans
Discussant: Brad A. Schafer, University of South Florida
Accountants as Layoff Survivors: The Impact of Organizational Justice.
John Sweeney, Washington State University; Jeffery J. Quirin, Wichita State University
Discussant: Maureen P. Gowing, University of Windsor
6.5 The Effect of Budgets and Other Evaluation Techniques on Behavior
Moderator: Donald Kent, SUNY at Brockport
An Empirical Study of the Behavioral Consequences of Performance Measures in French Organizations.
Chong M. Lau, The University of Western Australia; Brigitte Olger, Universite Paris Sorbonne
[Presentation Cancelled]
Empirical Tests of Audit Budget Dynamics.
Michael L. Ettredge, University of Kansas; Jean C. Bedard, Bentley College; Karla Johnstone, University of Wisconsin–Madison
Discussant: Lynn Hannan, Georgia State University
The Relationship between Psychological Contracts and Budgetary Slack.
Sukari Farrington, University of South Carolina; Scott Jackson, University of South Carolina
Discussant: Maryanne M. Mowen, Oklahoma State University
6.6 Behavioral Research in Taxation
Moderator: David Hulse, University of Kentucky
Information Quantity and Order in Students' Tax Research Judgments.
Alexander M. G. Gelardi, University of St. Thomas
Discussant: Jennifer Kahle, University of South Florida
The Gap between What Taxpayers Want and What Tax Preparers Think They Want.
Teresa Stephenson, University of Wyoming
Discussant: Raquel M. Alexander, University of Kansas
An Experiential Investigation of Tax Professionals' Ethical Environments.
Donna D. Bobek, University of Central Florida; Robin R. Radtke, Florida Atlantic University
Discussant: Bambi Hora, University of Central Oklahoma
6.7 Book-Tax Differences
Moderator: Tracy Noga, Bentley College
Credit Ratings and Taxes: The Effect of Book/Tax Differences on Ratings Changes.
Benjamin C. Ayers, University of Georgia; Stacie K. Laplante, University of Georgia; Sean T. McGuire, University of Georgia
Discussant: Michelle Hanlon, University of Michigan
Book-Tax Differences and Tax Noncompliance: Evidence from a Transitional Economy.
K. Hung Chan, Lingnan University; Kenny Z. Lin, Lingnan University; Phyllis L. Mo, Lingnan University
Discussant: Charlie Yuan, Florida International University
The Impact of Managing the Tax Function as a Profit Center on the Book-Tax Gap.
John R. Robinson, The University of Texas at Austin; Stephanie A. Sikes, The University of Texas at Austin; Connie D. Weaver, Texas A&M University
Discussant: Lisa Hersrud, University of Oregon
6.8 Audit Firm Rotation
Moderator: Susan Scholz, Kansas University
Bank Loan Officers' Perceptions of Audit Firm Rotation.
Bobbie W. Daniels, Jackson State University; Quinton Booker, Jackson State University
Discussant: John Thomas Rigsby, Mississippi State University
Why Do Companies Voluntarily Change Auditors after the Sarbanes-Oxley Act?
Shu-Miao Lai, National Chengchi University; Hung-Chao Yu, National Chengchi University
Discussant: Lee J. Yao, Monash University
6.9 Audit Quality II
Moderator: Mary-Jo Kranacher, Editor-In-Chief, The CPA Journal
Intra-Big 4 Auditor Quality.
Ross D. Fuerman, Suffolk University
Discussant: Lori Holder-Webb, University of Wisconsin–Madison
Does the Flight of Clients from the Big 4 to Tier 2 Auditors Indicate Lower Audit Quality?
Gopal V. Krishnan, George Mason University; Myung Seok Park, Virginia Commonwealth University; Jayaraman Vijayakumar, Virginia Commonwealth University
Discussant: Ronald F. Premuroso, Florida Atlantic University
Was Andersen Less than its Peers? A Comparative Analysis of Audit Quality.
Krishna R. Kumar, The George Washington University; Lucy Lim, The George Washington University
Discussant: Santanu Mitra, Wayne State University
6.10 Auditor Discipline and Audit Firm Governance
Moderator: Christine Earley, Bentley College
The Choice between Private and Public Capital Markets: The Importance of Disclosure Standards and Auditor Discipline to Countries Divesting State-Owned Enterprises.
Omrane Guedhami, Memorial University of Newfoundland; Jeffrey A. Pittman, Hong Kong University of Science & Technology
Discussant: Hamid Pourjalali, University of Hawai'i at Manoa
Ownership Concentration in Western European Firms: The Role of Mandatory Auditor Rotation.
Omrane Guedhami, Memorial University of Newfoundland; Jeffrey A. Pittman, Hong Kong University of Science & Technology
Discussant: Pamela Roush, University of Central Florida
CPA Sanction and Audit Quality.
Chien-Heng Jennifer Chang, National Chengchi University; Wen-Jing Chang, National Changhua University of Education; Ling-Tai Lynette Chou, National Chengchi University; Chia-Lee Teng, PricewaterhouseCoopers
Discussant: Charles Cullinan, Bryant University
6.11 Auditor Litigation
Moderator: Richard A. Riley Jr., West Virginia University
Litigation Reform, Auditor Incentives, and the Cost of Equity Capital.
Jeff P. Boone, The University of Texas at San Antonio; Inder K. Khurana, University of Missouri–Columbia; K. K. Raman, University of North Texas
Discussant: Carol Dee, University of Colorado–Denver
Frivolous Litigation in Auditing.
Chi-Wen Jevons Lee, Tulane University and Zhejiang University; Hua Lee, Chinese University of Hong Kong; Taychang Wang, National Taiwan University
Discussant: Paul Polinski, Grant Thornton LLP
Auditor Liability Reforms in U.K. and U.S.: Who Benefits?
Tim Bush, Hermes Focus Asset Management Limited; Stella Fearnley, University of Portsmouth; Shyam Sunder, Yale University
Discussant: Mary D. Jepperson, College of Saint Benedict and St. John's University
6.12 Education Panel: Auditing
Moderator: Ray Whittington, DePaul University
Panelists:
George Krull, Grant Thornton, LLP, Retired
Karen Pincus, University of Arkansas
PCAOB Representative, TBD
6.13 Stakeholder Issues and Control
Moderator: Eric N. Johnson, Indiana University
A Stakeholder Model of Competing Demands for Control and Auditing.
Robert W. Knechel, University of Florida; Jeroen Suijs, RSM Erasmus University; Marleen Willekens, Tilburg University
Discussant: Jie Tian, University of Alberta
Pre-Audit Information, Outsourcing and Perceived Auditor Independence.
Derek K. Chan, University of Hong Kong
Discussant: Dennis Caplan, Oregon State University
Auditor-Client Disagreement on Internal Control: Causes and Consequences.
Randal Elder, Syracuse University; Jian Zhou, SUNY at Binghamton
Discussant: David G. Deboskey, San Diego State University
6.14 The AICPA Bea Sanders Award—Innovative Teaching in Introductory Accounting Courses
Moderator: Karen Osterheld, Bentley College
Panelists:
Richard Fern, Eastern Kentucky University
Stephen Moehrle, University of Missouri–St. Louis
Roselyn Morris, Texas State University San Marcos
6.15 Accounting Earnings Conservatism
Moderator: Kelly E. McKillop, University of Massachusetts
The Impact of Conservatism on the Cost of Debt: Conditional versus Unconditional Conservatism.
Heidi Vander Bauwhede, Vlerick Leuven Gent Management School and Katholieke Universiteit Leuven
Discussant: J. Douglas Hanna, Southern Methodist University
The Role of Accruals in Conveying Managers' Private Information about Future Cash Flows and an Accounting-Based Measure of Conservatism.
Senyo Tse, Texas A&M University; Anup Srivastava, Texas A&M University
Discussant: J. Douglas Hanna, Southern Methodist University
Debt Covenants and Accounting Conservatism: Complements or Substitutes?
Valeri Nikolaev, Tilburg University
Discussant: J. Douglas Hanna, Southern Methodist University
6.16 Accounting-Based Pricing Anomalies
Moderator: Myungsun Kim, SUNY at Buffalo
Revenue Persistence within Fiscal Years: Implications for Earnings Persistence and Post-Earnings Announcement Drift.
Dain C. Donelson, University of Illinois at Urbana–Champaign
Discussant: Jeffrey Ng, University of Pennsylvania
Earnings Management and Anomalous Stock Returns after Earnings Announcements.
Henock Louis, The Pennsylvania State University; Amy Sun, The Pennsylvania State University
Discussant: Jeffrey Ng, University of Pennsylvania
Intertemporal Accrual Persistence and Accrual Anomaly.
Xiumin Martin, University of Missouri–Columbia
Discussant: Jeffrey Ng, University of Pennsylvania
6.17 Accruals and Cash Flows
Moderator: Karen K. Nelson, Rice University
The Deteriorating Mapping of Accruals into Cash Flows over the Last Four Decades: Are Accruals Becoming Less Reliable?
Ting Luo, University of Wisconsin–Madison
Discussant: Jennifer Altimuro, The Ohio State University
Matching and the Changing Properties of Accounting Earnings over the Last 40 Years.
Ilia Dichev, University of Michigan; Vicki Wei Tang, Georgetown University
Discussant: Jennifer Altimuro, The Ohio State University
Persistence of Accruals and Cash Flows in Predicting Future Cash Flows.
C. S. Agnes Cheng, Louisiana State University and University of Houston
Discussant: Jennifer Altimuro, The Ohio State University
6.18 Credit Rating Determinants
Moderator: Yong G. Lee, University of Houston–Victoria
An Empirical Analysis of Changes in Credit Rating Properties: Timeliness and Stability.
Mei Cheng, The University of Arizona; Monica Stefanescu, The University of Arizona
Discussant: Mark Soliman, University of Washington
Asymmetric Watch Decisions before Downgrades and Upgrades: Evidence on Conservatism of Certified Credit Rating Agencies.
Yinqing Zhao, Carnegie Mellon University
Discussant: Mark Soliman, University of Washington
The Effects of Employee Stock Options on Credit Ratings.
Yen-Jung Lee, Georgia State University
Discussant: Mark Soliman, University of Washington
6.19 Market Mispricing
Moderator: Flora Niu, Wilfrid Laurier University
Investors' Pricing of Earnings: A Model of Persistence and the Stock Price Consequences.
Andrew C. Call, University of Georgia; Max Hewitt, Indiana University; Terry Shevlin, University of Washington
Discussant: Santhosh Ramalingegowda, University of Georgia
R-Square: Noise or Price Efficiency.
Siew Hong Teoh, University of California, Irvine; Yong Yang, Chinese University of Hong Kong; Yinglei Zhang, Chinese University of Hong Kong
Discussant: Santhosh Ramalingegowda, University of Georgia
Opinion Divergence and the Post-Earnings Announcement Drift.
Kirsten L. Anderson, Georgetown University; Jeffrey H. Harris, University of Delaware; Eric So, NASDAQ
Discussant: Santhosh Ramalingegowda, University of Georgia
6.20 Gender Issues and Worklife Balance III
[Session Cancelled]
6.21 Financial Reporting in Nonprofit Sector
Moderator: Nicole Thibodeau, Naval Postgraduate School
College and University Financial Statements and Users Needs: Impact of GASB and FASB New Accounting Models.
Mary Fischer, The University of Texas at Tyler; Teresa P. Gordon, University of Idaho; Marla Kraut, University of Idaho
Discussant: Linda M. Parsons, George Mason University
The Impact of Voluntary Disclosures on the Growth of Not-for-Profit Entities.
Daniel G. Neely, University of Houston; Saleha B. Khumawala, University of Houston; Teresa P. Gordon, University of Idaho
Discussant: Maria Da Conceição Da Costa Marques, Instituto Superior De Contabilidade E. Administração De Coimbra
An Empirical Analysis of Charities in Financial Distress.
John M. Trussel, The Pennsylvania State University Harrisburg
Discussant: Mary Fischer, The University of Texas at Tyler
6.22 Accounting and Tax in Managerial Decision Making
Moderator: Helen Gabre, University of Mississippi
The Persistence of Delegitimated Structures: Insights from Changes to Management Accounting at the Hudson's Bay Company, 1670 to 2005.
Ken Ogata, York University; Gary Spraakman, York University
Discussant: Dennis Caplan, Oregon State University
Management Accounting, Mass Production, and Scientific Management: A History of Success at the Ford Motor Company.
Yvette J. Lazdowski, Argosy University and Plymouth State University
Discussant: Helen Gabre, University of Mississippi
Encouraging the Development of Biomass-Based Alternative Energy: The Use of Tax Incentives.
Yuang-Sung Al Chen, North Carolina State University; Lorraine M. Wright, North Carolina State University
Discussant: B. Elisabeth Rossen, Florida Atlantic University
6.23 Auditing and Fraud
Moderator: John Hepp, Grant Thornton LLP
Auditors' and Audit Committee Members' Perceptions of Earnings Management Motives and Techniques.
Sompong Pornupatham, Chulalongkorn University
Discussant: Christiane Strohm, University of Münster
The Impact of Culture on Whistle-Blowing and Ethics: A Case Study of Taiwan and its Implications for U.S. Firms Doing Business in a Chinese Cultural Environment.
Dennis B. K. Hwang, Bloomsburg University of Pennsylvania; A. Blair Staley, Bloomsburg University of Pennsylvania; Ying Te Chen, Providence University Taiwan; Jyh-Shan Lan, Providence University Taiwan
Discussant: Stephen R. Goldberg, Grand Valley State University
Corporate Fraud: Preventive Controls which Lower Fraud Risk.
Jose R. Hernandez, Vrije Universiteit Amsterdam; Tom Groot, Vrije Universiteit Amsterdam
Discussant: Rameshwar D. Gupta, Jackson State University
6.24 Cash Flow and Earnings Informativeness
Moderator: Sean W. G. Robb, University of Central Florida
The Predictability of FASB and IASB Operating Cash Flow.
Rick N. Francis, University of Northern Iowa; Karen R. Nunez, North Carolina State University
Discussant: Siva Nathan, Georgia State University
Joint Effect of Earnings Components and Earnings Surprises on Future Performance and Stock Returns.
Xavier Garza Gomez, University of Houston–Victoria; Michio Kunimura, Meijo University; Yong Lee, University of Houston–Victoria
Discussant: Juan Manuel Sanchez, University of Arkansas
The Impact of Related Party Sales by Listed Chinese Firms on Earnings Informativeness and Earnings Forecasts.
Joseph Aharony, Tel Aviv University; Jiwei Wang, Singapore Management University; Hongqi Yuan, Shanghai University of Finance & Economics
Discussant: Barry R. Marks, University of Houston–Clear Lake
6.25 Equity
Moderator: Takashi Yaekura, Hosei University
Book Values, Cost of Equity Capital and Information Content of Earnings Announcements for European Companies Voluntarily Reporting under IFRS.
Jenice Prather-Kinsey, University of Missouri; Eva K. Jermakowicz, Tennessee State University; Thierry Vongphanith, Brown Brothers Harriman & Co.
Discussant: Alexsandro Broedel Lopes, Universidade De São Paulo E. Manchester Business School
Determinants of Shares Repurchased in On-Market Buy-Backs.
Tim Brailsford, The University of Queensland; Damien Marchesi, The University of Queensland; Andreas Simon, The University of Queensland; Irene Tutticci, The University of Queensland
Discussant: Steve Wj Lin, Florida International University
The Determinants of Intellectual Capital Disclosures: A Decade of IPOs in Singapore.
Inderpal Singh, Curtin University of Technology; J-L. W. Mitchell Van Der Zahn, Curtin University of Technology
Discussant: Shuo Wu, University of British Columbia
6.26 ERP Systems Selection and Value
Moderator: Ronald J. Daigle, Sam Houston State University
Earnings Management Following Implementation of Enterprise Resource Planning Systems.
John J. Morris, Kent State University
Discussant: Kenton Walker, University of Wyoming
Evaluating ERP Implementation: A Taiwanese Case Study.
Jen-Yin Yeh, National Pingtung Institute of Commerce/Fortune Institute of Technology; Chiung-Yen Chen, Fortune Institute of Technology
Discussant: Sandra B. Richtermeyer, Xavier University
Toward Organizational Integration: Optimizing Elapsed Time in Enterprise Resource Planning (ERP) Implementation.
Susana Gago, Universidad Carlos III De Madrid; Manuel Núñez, Universidad Carlos III De Madrid; Lluís Santamaria, Universidad Carlos III De Madrid
Discussant: Hui Du, The University of Texas–Pan American
6.27 Compensation, Strategy, Structure (Archival Studies)
Moderator: William W. Stammerjohan, Louisiana Tech University
Are CEOs Overpaid?
Mark Anderson, The University of Texas at Dallas; Rajiv D. Banker, Temple University; Rong Huang, Baruch College–CUNY; Jiangxia Liu, Western Carolina University
Discussant: Michal Matejka, University of Michigan
Generic Strategies and Sustainability of Financial Performance.
Rajiv D. Banker, Temple University; Raj Mashruwala, Washington University in St. Louis; Arindam Tripathy, SUNY at Albany
Discussant: Ram Natarajan, The University of Texas at Dallas
Controlling Market-Type Dispersion in Chain Organizations: An Examination of Franchising Decisions in the Convenience Store Industry.
Dennis Campbell, Harvard University; Srikant Datar, Harvard University; Tatiana Sandino, University of Southern California
Discussant: Ting Chen, Carnegie Mellon University
6.28 Management Accounting Practices (Modeling)
Moderator: Dennis Bline, Bryant University
Board Monitoring, Consulting, and Reward Structures.
George Drymiotes, University of Houston; Konduru Sivaramakrishnan, University of Houston
Discussant: Mark C. Penno, The University of Iowa
On the Relation between the Properties of Managerial and Financial Reporting Systems.
Thomas Hemmer, University of Houston; Eva Labro, London School of Economics
Discussant: Mark C. Penno, The University of Iowa
Efficient Benchmarking.
Shane S. Dikolli, Duke University; Christian Hofmann, University of Tuebingen; Thomas Pfeiffer, University of Vienna
Discussant: Mark C. Penno, The University of Iowa
6.29 Performance Measurement and Management Control
Moderator: Lan Guo, Washington State University
Legitimising Budget Flexibility while Maintaining Financial Control: Evidence from a Multinational Organization.
Natalie J. Frow, University of Warwick; David E. W. Marginson, Cardiff University; Stuart G. Ogden, University of Sheffield
Discussant: Chris Chapman, University of Oxford
The Decision Facilitating and Decision Influencing Roles of Performance Measurement Information.
Jennifer Grafton, University of Melbourne; Anne M. Lillis, University of Melbourne; Sally K. Widener, Rice University
Discussant: David T. Otley, Lancaster University Management School
Performance Measures and Employee Behaviors: Role Clarity as an Intervening Variable.
Chong M. Lau, The University of Western Australia; Erin A. Berry, The University of Western Australia; Jaron S. Mitchell, The University of Western Australia
[Presentation Cancelled]
6.30 Audit Firms and Markets
Moderator: Elizabeth T. Cole, University of South Carolina Upstate
Big 4 Auditor Failures and the Reputation Hypothesis.
Bunney L. Schmidt, Utah Valley State College; John T. Sennetti, Nova Southeastern University; Steven D. Johnson, Utah Valley State College; Farid Islam, Utah Valley State College
Discussant: Michael Maher, University of California, Davis
Audit Firm Concentration and Competition: Effects of Consolidation Since 1997.
Susan E. Cammack, Cameron University; Maria T. Caban-Garcia, University of South Florida
Discussant: Michael Maher, University of California, Davis
6.31 Corporate Governance and Controls
Moderator: Ann L. Watkins, University of North Carolina at Greensboro
Audit Committees Oversight Responsibilities Post Sarbanes-Oxley Act.
Hassan R. Hassabelnaby, University of Toledo; Amal Said, University of Toledo; Glenn Wolfe, University of Toledo
Discussant: B. Elisabeth Rossen, Florida Atlantic University
The Effect of Control Rhetoric on Investment Opinion: A Comparative Study of Pre and Post Sarbanes Oxley.
Hui Lin, Virginia Polytechnic Institute & State University; Tracy N. Reed, Virginia Polytechnic Institute & State University
Discussant: Brian Shapiro, University of St. Thomas (St. Paul, MN)
6.32 Auditing Cases
Moderator: D. Larry Crumbley, Louisiana State University
Auditing the Auditors: A Case on PCAOB Inspection Reports of Registered Public Accounting Firms.
Brian E. Daugherty, University of Wisconsin–Milwaukee; Marshall K. Pitman, The University of Texas at San Antonio
Discussant: Dorothy A. McMullen, Rider University
Two Small Fraud Cases.
Carol J. Normand, University of Wisconsin–Whitewater
Discussant: D. Larry Crumbley, Louisiana State University
Integrating Corporate Governance and Business Ethics into the Accounting Curriculum.
Zabihollah (Zabi) Rezaee, The University of Memphis; Robert E. Elmore, Tennessee Technological University; Joseph Szendi, Florida Institute of Technology
Discussant: Gerald P. Weinstein, John Carroll University
6.33 CPA/Professional Issues
Moderator: Cheryl Crespi, Central Connecticut State University
Students' Beliefs, Attitudes and Study Majors—A Longitudinal Study.
Fawzi Laswad, Massey University; Lin Mei Tan, Massey University
Discussant: Martha S. Doran, San Diego State University
Perspective on the Present State of the Business Law Education of Accounting Students.
Mehmet C. Kocakulah, University of Southern Indiana; A. David Austill, Union University; Brett Long, University of Southern Indiana
Discussant: Tim Krumwiede, Bryant University
Do Accounting Graduates' Skills Meet the Expectations of Employers? A Matter of Convergence or Divergence.
Beverley F. Jackling, RMIT University; Paul De Lange, RMIT University
Discussant: Martha S. Doran, San Diego State University
6.34 The Dawn of a New Classroom
Moderator: Naser Kamleh, Wallace Community College
Panelists:
Maria C. Mari, Miami Dade College
Linda H. Tarrago, Hillsborough Community College