The Usefulness Of Audit Committee Reports: Assessments And Perceptions

The Treadway Commission has strongly recommended that publicly regulated corporations be required to publish a report by the chairman of the audit committee.  In contrast, the SEC does not believe such a report would provide any additional useful information.  This study considers the extent to which publication of an audit committee report impacts certain assessments and perceptions related to the financial reporting processing.  Overall, the results tend to confirm the SEC’s belief that inclusion of an audit committee report in the annual report is not likely to provide significant useful information

An Analysis Of The Institutional And Individual Authorship Sources Of Articles In The Journal Of Applied Business Research: 1985-1993

This study traces the development of the Journal of Applied Business Research (JABR) in terms of the institutional and individual sources of published articles. The study is based on an analysis of 478 article published in the JABR from Fall 1985 through Fall 1993. The analysis of the data provides a taxonomy of the subject areas for the articles, summary information on authorship including the impact of collaboration, and an assessment of the institutional affiliations of the contributing authors. The study finds that there has been widespread participation in the development of the JABR based on the breadth of interest from a diverse range of authorship sources such that the journal, to its credit, is not regarded as being dominated by a few prolific scholars. The results also show that the JABR has developed into a respected outlet for refereed business research as evidenced by the substantial number of contributing authors affiliated with high quality institutions

Accounting For Income Taxes: A Study Of Early Vs. Postponed Adoption Decisions For Controversial Accounting Standards

The provisions of the FASB standard on accounting for income taxes, SFAS No. 96, were complex and controversial. Moreover, the FASB provided corporations with considerable flexibility in deciding when to adopt SFAS No. 96. Under these circumstances, managements had an opportunity to time their adoption decisions to best serve the interests of the corporation and stockholders. This study compares the attitudes and perceptions of controllers for corporations that adopted SFAS No. 96 early with controllers of corporations that postponed adoptions. While the controllers opinions on the usefulness of SFAS No. 96 reporting are mixed, the results indicate that the effects on the financial statements and the ease of gathering needed data seem to influence a firms timing decision when there is a choice between early and delayed adoption of controversial accounting standards