American Accounting Association

2010 International Accounting Section
Mid-Year Conference

January 28-30, 2010
Hilton Palm Springs | Palm Springs, California

Wednesday,
January 28, 2010

Continuing Professional Education
IFRS- CPE workshop
Accounting–Intermediate–2.0CH

Mary Barth, Stanford University
Katherine Schipper, Duke University

Plenary Session 1
“IFRS update- North America”
Accounting–Intermediate–1.5 CH
Moderator: Mary Barth, Stanford University and IASB Academic Adviser

Panelists:
James Leisenring, IASB
Thomas Linsmeier, FASB
Paul Munter, KPMG
Patricia O’Malley, AcSB

Session A: Education Panel: Accounting Education in Times of Globalization
Accounting–Intermediate–1.5CH
Moderator: Sharon Lightner, San Diego State University

Panelists:
Karen Pinkus, University of Arkansas, and IAESB Deputy Chair
Ira Solomon, R.C. Evans Endowed Chair in Business, Professor & Head of the Department of Accountancy, University of Illinois at Urbana-Champaign
Récep Pekdemir, Istanbul University and former member of IFAC Education Committee
Gail Naughton, Dean, CBA San Diego State University, Board of Directors of AACSB International

Session B: IFRS–Domestic GAAP
Accounting –Intermediate–1.5CH
Moderator: Paul Barnes, Nottingham Business School

The Impact of Differences in U.S. GAAP and IFRS on Disseminating Accounting Information
Ran Ron Barniv, Kent State University
Mark Myring, Ball State University

IAS 1 Disclosures of Critical Judgments and Estimation Uncertainty: A Study of EU IFRS-Based Financial Statements
Christopher Hodgdon, University of Vermont
Susan B. Hughes, University of Vermont

The Amendment of IAS 39: Determinants of Reclassification Behavior and Capital Market Consequences
Mari Paananen, University of Herfordshire
Annelies Renders, K.U. Leuven
Kim M. Shima, California State University, East Bay

Session C: Corporate Governance
Auditing–Intermediate–1.5CH
Moderator: Kingsley O. Olibe, Kansas State University

The Effect of Board Independence, Expertise, and Attendance on Firm Performance
Yi-Ling Chen, Yuan Ze University

The Effect of Interim Reporting Frequency on Price Timeliness and Earnings Timeliness: International Evidence
Renhui Fu, RSM Erasmus University

Analysis of Corporate Characteristics Driving Companies to Harmonization: Evidence from the European Union
Victoria Krivogorsky, San Diego State University
Jui-Chin Chang, Howard University
Ervin L. Black, Brigham Young University

Corporate Boards, Ownership Structure and Firm Performance in an Environment of Severe Political and Economic Uncertainty
Musa Mangena, Bradford University
Venancio Tauringana, Bournemouth University
Eddie Chamisa, University of Cape Town

Session D: Miscellaneous
Accounting –Intermediate–1.5CH
Moderator: Ann Tarca, University of Western Australia

Asset Revaluations: Motives and Choices of Items to Revalue
Tae Hee Choi, KDI School of Public Policy and Management
Jinhan Pae, Korea University
Seonghwa Park, Korea University
Younghyo Song, Korea University

Globalization and Regulation of Foreign Listings: Examination of Factors Affecting International Firms' Choice of Listing as a Global Depository Receipt
Shrutika Chugh, Macquarie University
Neil Fargher, Australian National University
Sue Wright, Macquarie University

A Worldwide Comparison of Assurance on Corporate Social Responsibility Reports: Are Audit Firms Willing to Sustain This Line of Service?
David N. Herda, University of Texas at Arlington
Martin E. Taylor, University of Texas at Arlington

Capitalizing Research and Development Expenditures- The Incremental Information Content of Accrual vs. Cash Accounting for German Firms
Tami Dinh Thi, University of Augsburg
Wolfgang Schultze, University of Augsburg

Using Focus Group Research to Study: Financial Vulnerability of Non-Profit Organisations in Australia
Rong Zhai, University of Western Australia
John Watson, University of Western Australia

Session E: Research Panel: Convergence: Implications for Accounting Research
Accounting –Intermediate–1.5CH
Moderator: Victoria Krivogorsky, San Diego State University

Panelists:
Mark Lang, University of North Carolina, Chapel Hill
Irina Ivashkovskaya, Higher School of Economics, Moscow
Alexandra Mutiu, Babes-Bolyai University, Romania
Richard Slack, Newcastle Business School, UK

Session F: Education
Specialized Knowledge and Applications–Intermediate–1.5CH
Moderator: Peter Kajüter, University of Münster

Student Approaches to Learning: A Comparison of Year 12-to-University Students with TAFE-to-University Students in the Disciplines of Accounting and Finance
Subhash Abhayawansa, Swinburne University of Technology
Irene Tempone, Swinburne University of Technology
Soma Pillay, Swinburne University of Technology

Raleigh Building Products Case Study
Natalie Tatiana Churyk, Northern Illinois University
Alan Reinstein, Wayne State University
Guy Gross, McGladrey & Pullen

IFRS Adoption in the U.S. - Opportunities and Challenges for Accounting Professionals and Global Entities
Marianne L. James, California State University, Los Angeles
Richard Lau, California State University, Los Angeles

DaimlerChrysler's Conversion from U.S. GAAP to IFRS: The Effects on Information Systems
Eva K. Jermakowicz, Tennessee State University
Alan Reinstein, Wayne State University

Session G: Executive Compensation
Specialized Knowledge and Applications–Intermediate–1.5CH
Moderator: Charles Shi, National University of Singapore

The Effect of Restructuring Charges and Corporate Governance on CEO Pay for Performance Sensitivity
Angie Abdel Zaher, American University in Cairo

Do Executive Stock Options Become an Alternative Means in Managing Earnings
Hong Nee Ang, Deakin University

The Economic Determinants of Firms Issuing Employee Stock Options- Evidence From Taiwan
Chin-Yuan Chang, National Yunlin University of Science and Technology
Yu-Chih Lin, National Yunlin University of Science and Technology

Do Managers Perform for Perks?
Donghua Chen, Nanjing University
Oliver Zhen Li, University of Arizona
Shangkun Liang, Nanjing University

Session H: Reporting Quality
Accounting–Intermediate–1.5CH
Moderator: Christopher Hodgdon, University of Vermont

Financial Reporting Quality and Investment Efficiency in Private Firms from Emerging Markets
Feng Chen, University of Toronto
Ole-Kristian Hope, University of Toronto
Qingyuan Li, Wuhan University
Xin Wang, Chinese University of Hong Kong

Financial Reporting Quality and Cross-Listing: An Examination of Cross-Listings in Germany and the United Kingdom
Li Li Eng, Missouri University of Science and Technology
Jing Lin, Saint Joseph's University

A Study of Changes in Corporate Governance and Reporting Quality: Evidence from UK Firms
Jongseop Shin, Korea Expressway Corporation
E. Daniel Shim, Sacred Heart University

Session I: Economic Consequences
Accounting–Intermediate–1.5CH
Moderator: Gary P. Braun, University of Texas at El Paso

Is Culture the Missing Value in Explaining Accounting Conservatism Cross Nationally: An Empirical Test
Timothy Doupnik, University of South Carolina
Giorgio Gotti, University of Massachusetts at Boston
Tony Kang, Oklahoma State University
Stephen B. Salter, University of Texas at El Paso

Really “Lost in translation”? The Economic Consequences of Issuing an English Annual Report
Thomas Jeanjean, HEC Paris
Hervé Stolowy, HEC Paris
Michael Erkens, HEC Paris and University of Trier

Dividend Taxation Changes and the Return on Common Stock: Empirical Analysis of Canadian Stocks from 1987-2007 and Comparison to US Stocks
Gulraze Wakil, Carleton University and Kent State University
Discussant: TBD

Session J: Disclosure
Accounting –Intermediate–1.5CH
Moderator: Musa Mangena, Bradford University

Blog Exposure, Media Coverage, and the Cross-Section of Stock Returns
Yi Dong, Nanyang Technological University
Nan Hu, University of Wisconsin Eau Claire
Ling Liu, University of Wisconsin Eau Claire

Accounting Disclosure Quality and Synergy Gains: Evidence From Cross-Border Mergers and Acquisitions
Lisa Eiler, California State University, Fullerton

U.S.-Listed Foreign Firms' Non-GAAP Financial Performance Disclosure Behavior
Lori L. Epping, University of South Dakota
W. Mark Wilder, University of Mississippi

Voluntary Disclosure Practices by Foreign Firms Cross-Listed in the United States: Tests of Functional Convergence
Ole-Kristian Hope, University of Toronto
Tony Kang, Oklahoma State University
Joung W. Kim, Nova Southeastern University
Raynolde Pereira, University of Missouri at Columbia

Session K: IFRS Adoption Quality
Accounting–Intermediate–1.5CH
Moderator: Stéphanie Hörmanseder, Vienna University of Economics and Business

Does Mandatory Adoption of International Financial Reporting Standards Increase Investment Efficiency?
Carolyn M. Callahan, University of Memphis
Hyun A. Hong, University of Southern California
Robin L. Knowles, University of Connecticut

Investor Protection, Deviation of Local Accounting Standards from IFRS, and the Effectiveness of the IFRS Adoption
Suntaree Patpanichchot, Chulalongkorn University, Thammasat University and National Institute of Development Administration
Kanogporn Narktabtee, National Institute of Development Administration

Quality of IFRS Adoption
Arnt Verriest, Tilburg University
Ann Gaeremynck, K.U. Leuven
Daniel B. Thornton, Queen's University

Does Mandatory IFRS Adoption Lower the Barrier of Using International Firms for Multiple-Based Equity Valuation
Yachang Zeng, Tilburg University

Session L: Convergence
Accounting –Intermediate–1.5CH
Moderator: Wolfgang Schultze, University of Augsburg

Evidence Supporting Gray's Cultural Framework: Culture, Institutional Consequences, and National Accounting Systems
Joshua K. Cieslewicz, University of Hawaii at Manoa

Explaining the Evolution of National Accounting Systems Towards IFRS Convergence
Esperanza Huerta, University of Texas at El Paso
Stephen B. Salter, University of Texas at El Paso

Political Systems and Adoption of International Financial Reporting Standards
Derek C. Johnson, Massachusetts Institute of Technology

Corporate Transparency Differences in the Asian Region: Is Global Standardization Feasible in Practice?
Richard D. Morris, University of New South Wales
Sidney J. Gray, University of Sydney

Plenary Session: International Auditing, Convergence of ISAs, and IFAC Governance
Auditing –Intermediate–2.0CH
Moderator: TBD

Panelists:
Woodrow “Woody” Anderson, Assurance Partner, PricewaterhouseCoopers, Los Angeles
Craig Crawford, KPMG National Partner in Charge for Audit Quality and Process Monitoring and Member of IAASB
Nate Vander Hamm, Grant Thornton, Audit Senior Manager
William Kinney, University of Texas at Austin and IAESB

Session M: Workshop: IFRS First-Time Adoption and Implementation Issues
Accounting–Intermediate–1.5CH
Coordinator: Holger Erchinger, KPMG National Partner, NYC

Session N: iBEACON Panel: Current Research in Russia, Finland, and Italy
Specialized Knowledge and Applications–Intermediate–1.5CH
Moderator: Gary Grudnitski, San Diego State University

Panelists:
Irina Ivashkovskaya, Higher School of Economics, Moscow
Chiara Saccon, University of Venice
Harri Seppanen, School of Economics, Helsinki
Maria Solntseva, Higher School of Economics, Moscow

Session O: Analyst Forecasts
Accounting–Intermediate–1.5CH
Moderator :Li Li Eng, Missouri University of Science and Technology

How Do Financial Analysts Refer to Segment Information? An Empirical Study Within the International Hotel Industry
Frédéric Demerens, Advancia-Negocia (CCIP)
Pascale Devaille, ESCP-Europe (CCIP)

Change in Systematic Bias and News as Driver for Analyst Forecast Revision- A New Forecast Revision Model
Sebastian Gell, University of Cologne
Carsten Homburg, University of Cologne
Katja Schulze, University of Cologne

Do Analysts' Cash Flow Forecasts Mitigate the Accrual Anomaly? International Evidence
Elizabeth Gordon, Temple University
Karin A. Petruska, Youngstown State University
Minna Yu, Ball State University

IFRS Adoption, Analysts and Institutional Setting
John Preiato, University of Western Australia
Philip Brown, University of Western Australia
Ann Tarca, University of Western Australia

Session P: Audit
Auditing –Intermediate–1.5CH
Moderator: Teresa L Conover, University of North Texas

Auditor Independence and Client Bargaining Power: Some Spanish Evidence Concerning the Going Concern Decision
Paul Barnes, Nottingham Business School
Marcos Antón Renart, Universidad de Murcia

Principles-Based vs. Rules-Based Accounting Standards: The Effects of Client Proposed Accounting Treatment and Regulatory Enforcement on Auditor Judgments and Confidence
Gary P. Braum, University of Texas at El Paso
Christine M. Haynes, University of West Georgia
Tom Lewis, Creighton University
Mark Taylor, Case Western Reserve University

Do Individual Sanctions Improve Audit Quality of the Firm?
Chien-Heng Jennifer Chang, National Chengchi University
Ling-Tai Lynette Chou, National Chengchi University

The Role of Corporate Governance in the Move Toward IFRS: Evidence From China
Yu Chen, University of Memphis
Zabihollah Rezaee, University of Memphis

Information Role of Audit and Market Reaction to Restatement-Related Auditors
Li-Jen He, National Chengchi University
Hsiang-tsai Chiang, Feng-Chia University

Session Q: Convergence and Transition to IFRS: Education Implications Facing the Profession and Academia
Accounting –Intermediate–1.5CH
Moderator: Greg Burton, Brigham Young University and EYARC team member

Panelists:
Catherine Banks, Program Director, Academic Resource Center (EYARC). EYARC is focused on the development of IFRS curricula and integration support for universities
Charlie Flood, Partner, Ernst & Young, Chicago
Irene Wiecek, University of Toronto and EYARC team member
Bob Riley, University of Southern California and EYARC team member

Session R: Earnings Management
Specialized Knowledge and Applications–Intermediate–1.5CH
Moderator: Richard D. Morris, University of New South Wales

Classification Shifting in an International Setting: Legal Systems and Auditors' Influence
Bruce Behn, University of Tennessee
Giorgio Gotti, University of Massachusetts at Boston
Tony Kang, Oklahoma State University

Do Financial Distress and/or Worse Corporate Governance Companies Have Aggressive Discretionary Pension Assumptions? Evidence from Taiwan
Rebecca Chung-Fern Wu, National Taiwan University
Jui-Chia Lin, National Taiwan University

A comparative analysis of U.S. GAAP versus IAS/IFRS: The effects of discretionary accruals, R&D, and deferred tax expense on earnings management
Lee J. Yao, Loyola University New Orleans
Chunhui Liu, University of Winnipeg
Siew H. Chan, Washington State University

Firm Characteristics, Earning Management and Performance of Different Security Issuers
Soon Suk Yoon, National University
Hyo Jin Kim, National University

Session S: Results from the IFRS Student Video Project/Competition and Best Practices for Teaching IFRS
Accounting –Intermediate–1.5CH
Moderator: Terri Friel, Roosevelt University

Panelists:
Ian Hague, Accounting Standards Board Canada
Mark Holtzblatt, Roosevelt University
Norbert Tschakert, University of the Virgin Islands
Barry Epstein, International Accounting expert

Session T: IFRS Adoption Effects
Accounting– Intermediate–1.5CH
Moderator: Yu Chen, University of Memphis

Conservatism and a Test of Temporal Differences Before and After IFRS
Elizabeth Devos, University of Texas at El Paso

IFRS Adoption in Germany: Empirical Evidence from 1998 to 2005
Stéphanie Hörmanseder, Vienna University of Economics and Business
Alexander Schiebel, Vienna University of Economics and Business

The Impact of IFRSs Adoption for the UK Listed Companies - Accounting for Business Combinations
Renata Stenka, Keele University
Phil Ormrod, University of Liverpool
Panos Sousounis, University of the West of England

Are Liquidity Improvements around the Mandatory Adoption of IFRS Attributable to Comparability Effects or to Quality Effects?
Michael S. Drake, Fisher College of Business
Linda A. Myers, University of Arkansas
Lijie Yao, Beijing Jiaotong University

Session U: Regulation
Accounting–Intermediate–1.5CH
Moderator: Giorgio Gotti, University of Massachusetts at Boston

Gray Markets and Multinational Transfer Pricing
Romana Autrey, Harvard Business School
Francesco Bova, University of Toronto

Does Disclosure Regulation Work? Evidence from International IPO Markets
Charles Shi, National University of Singapore
Kuntata Pukthuanthong, San Diego State University
Thomas Walker, Concordia University

Stock Market Reactions to the Japanese Sarbanes-Oxley Act
Kosuke Seino, University of Tokyo
Fumiko Takeda, University of Tokyo

Taking Away the Voting Powers from Controlling Shareholders: Evidence from the Chinese Securities Market
Yi Yao, Nankai University
Li Xu, Southern Illinois University at Carbondale
Zhiyuan Liu, Nankai University

Session V: Equity Valuation
Accounting–Intermediate–1.5CH
Moderator: Gulraze Wakil, Carleton University and Kent State University

External Finance and Voluntary Adoption of Independent Audit Committee Rules: Evidence from Canadian Venture Firms
Feng Chen, University of Toronto
Yu Li, University of Toronto

Who Benefits from Corporate International Diversification: Bondholders versus Shareholders? Theory and Empirical Evidence
Kingsley O. Olibe, Kansas State University

Sustainable Competitive Advantage and Equity Valuation
Andres Reibel, Imperial College Business School
Paul Klumpes, Imperial College Business School

Session W: U.S. Adoption of IFRS
Accounting–Intermediate–1.5CH
Moderator: Mari Paananen, University of Hertfordshire

SEC Comment Letters and Financial Statement Restatements
Lei Gao, University of Nebraska at Lincoln
Janice Lawrence, University of Nebraska at Lincoln
David Smith, University of Nebraska at Lincoln

An Analysis of the Geographic Diversity of IASB Comment Letters
Robert K. Larson, University of Dayton
Paul J. Herz, Fort Lewis College

Do Investors Perceive IFRS Adoption in the United States as Beneficial?
Philip Joos, Tilburg University
Edith Leung, Tilburg University

Current Perspectives on IFRS: A Survey of CPAs in Public Practice
Joseph M. Langmead, Loyola University Maryland
Jalal Soroosh, Loyola University Maryland

Session X: Management Accounting
Accounting –Intermediate–1.5CH
Moderator: Maria C. Balatbat, University of New South Wales

Corporate R&D, Advertising Expenditures and Firm Performance: Evidence from U.S. Information Technology Firms
Hsueh-En Hsu, Fortune Institute of Technology
Jun-De Lee, Minghsin University of Science and Technology

Effects of the Current Economic Crisis on the Use of Management Control Systems
Johannes A. Asel, Vienna University of Economics and Business
Arthur Posch, Vienna University of Economics and Business

Comparative Management Accounting: A Review of Research in International Differences of Cost Accounting
Peter Kajüter, University of Münster
Matthias Moeschler, University of Münster

Managing Enterprise Risk Across Cultures in Africa
Jenice Prather-Kinsey, University of Missouri
Patrick Wheeler, University of Missouri