Research in Accounting Regulation

Edited by

  • Gary Previts, Case Western Reserve University, Cleveland, OH, USA

The scope of service provided by professional accountants is influenced by legislation and case law as well as the dictates of a variety of government and private sector agencies: including State Boards of Accountancy, Academic Accreditation Bodies, the United States Securities and Exchange Commission, the Public Company Accounting Oversight Board, independent standard setting bodies such as the Federal Accounting Standards Advisory Board (US), the Financial Accounting Standards Board (US), the International Accounting Standards Board and self-regulatory organizations such as State Societies of CPA and the American Institute of Certified Public Accountants. There are equivalent and emerging local international bodies that exist in most developed countries. It is important for academics, students, practitioners, regulators and researchers to consider, study and understand the role and relationship of such bodies with the practice and content of our discipline.

Research in Accounting Regulation is a refereed annual serial that seeks to publish high quality manuscripts, which address regulatory issues and policy affecting the practice of accountancy, broadly defined. Topics of interest include research based on:
• Self-regulatory activities
• Case law and litigation
• Governmental and quasi-governmental regulation
• The economics of regulation, including modelling

This research series aims to encourage the submission of original empirical, behavioural or applied research manuscripts that consider strategic and policy implications for regulation, regulatory models and markets. It is intended for individual researchers, practitioners, regulators and students of accountancy who desire to increase their understanding of the regulation of accountancy.

View full description


Book information

  • Published: May 2003
  • Imprint: JAI Press (Elsevier)
  • ISBN: 978-0-7623-1022-7

Table of Contents

Editorial board. List of contributors. Invited referees for Volume 16. Main Papers. The market perception of corporate claims (Qiang Cheng et al.). The analysis of the accounting profession's oligarchy: the Auditing Standards Board (J.E. McEnroe, M.K. Pitman). The origins of the sec's position on auditor independence and management responsibility for financial reports (N. Felker). Auditor liability: a review of recent cases involving generally accepted accounting principles and generally accepted auditing standards (S.P. Gromley et al.). Professional regulation and labor market outcomes for accountants: evidence from the current population survey, 1984-2000 (J. Schaefer, M. Zimmer). The economic theory of regulation and sunset reviews of public accountancy laws: the role of political ideology (G. Colbetr, D. Murray). The impact of statement of financial accounting standard number 123 on equity prices of computer software companies (M. Myring et al.).GAAP: a regulatory tool to manage healthcare (M. Holtzman, O. Averin). Research Reports. improving auditor independence - the principles vs. standards debate: some evidence about the effects and type of provider of non-audit services on professional investor's judgments (E.G. Mauldin). The association between auditor industry specialization and earnings management (U. Velury). Concurring partner review: does involvement in audit planning affect objectivity? (A. Schneider et al.). Local government audit procurement requirements, audit effort and audit fees (L.E. Johnson et al.). An experimental examination of the peer review process (J.L. Payne). Deregulation of the private corporation audit in Canada: justification, lobbying and outcomes (M. Rennie et al.). SFAS 95 cash flow information and securities valuation (S.A. Alaraini et al.). Perspectives. A long fall from grace (D. Mosso). Remarks of Donald J. Kirk: independence, audit effectiveness and fraudulent financial reporting (D.J. Kirk). The "information right" and the CPA profession (G.J. Previts). Book Reviews. Pro forma before and after the sec's warning: a quantification of reporting variances from GAAP (W. Wallace) - reviewed by Julia Grant. The Valuereporting? revolution: moving beyond the earnings game (R.G. Eccles et al.) - reviewed by Kevin Carduff. Creating shareholder value (A. Rappaport) - reviewed by Garen Markarian. Expectations investing (A. Rappaport, M.J. Mauboussin) - reviewed by Evelyn A. Mcdowell. Understanding auditor-client relationships: a multi-faceted analysis (G. Kleinman, D. Palmon) - reviewed by Reed Roig.