Heidi Meier

Cleveland State University · Department of Accounting

We provide a test of internal information asymmetry between management and the board using sticky SG&A costs. The finding is that less sticky costs are associated with more board independence. This suggests that management is sharing information with independent board members, and the board is fulfilling an oversight, advisory role. The moderating...

At the 2013 Institute of Internal Auditors International Conference, a keynote speaker discussed the prevalence of “virtual audit teams” and the anticipated increase in virtual collaboration. He noted that “knowledge workers,” in particular, report working frequently in dispersed teams. As virtual teams become common in accounting firms, students s...

This paper is motivated by recommendations from the AACSB, the Pathways Commission, and NAFSA: Association of International Educators to increase global exposure in the accounting curriculum. Some schools have responded to these demands by offering short duration, faculty led, study abroad programs. We explain how these programs play a vital role i...

At the 2013 IIA International Conference, one keynote speaker discussed the expansion of virtual teams in the future audit environment and the anticipated increase in virtual collaboration among workers. This is reinforced by a survey of knowledge workers appearing in Harvard Business Review that 79% worked always or frequently in dispersed teams (...

As the model for corporate governance has emerged in the US after decades of evolution, culminating with the Sarbanes-Oxley Act in 2002, there has also been interest in corporate governance models used in other countries. This has particular importance considering the increased competition for capital in international markets with investors wishing...

Purpose – Even during these tough economic times the current administration has proposed to revive the US “Cap and Trade” initiative and to see it through to passage. Many in the public are not aware that the idea of cap and trade is not new as similar programs have been successfully used in the US and other countries to “wind down” environmentally...

The Sarbanes‐Oxley Act of 2002 brought about sweeping changes that were meant to improve corporate reporting in the United States and to restore investor confidence following some of the largest business failures in US history. This study examines one requirement of this legislation, the certification of the financial statements by the Chief Execut...

In this article, the academic and personal characteristics of Accounting faculty members at Colleges and Universities in the United States are analyzed to determine the demographics of the Accounting Professorate. Data on 12 variables were collected for the 2004-2005 academic year as a means of constructing a professional profile of the typical acc...

The majority of previous studies investigating the different risk factors associated with financial fraud have focused on investigating misreporting. A few studies have provided only a limited descriptive analysis of cases involving misappropriation of assets without investigating the corporate governance structure and its role in reducing the inci...

The increasing cost of blood products and associated risks of transfusion have lead to a heightened interest in techniques which reduce or replace allogeneic blood transfusion. The use of cell salvage is being explored in a number of institutions. We present financial information which may be useful to institutions that are considering the addition...

For nearly 150 years, outstanding professors at US universities have been rewarded by receiving the designation of a distinguished chair or fellow. This article examines titled positions in the academic field of finance over the ten year period, from 1994-2003, and presents time series trends and crosssectional information. The tabulated findings a...

The majority of previous studies investigating the different risk factors associated with financial fraud have focused on investigating misreporting (Persons (1995); McMullen (1996); Green and Choi (1997); Bell et al. (1991); Bell and Carcello (2000); Abbott et al. (2000)). A few studies have provided only a limited descriptive analysis of cases in...

In the 2002-2003 academic year, there were 526 accounting faculty members in the United States who held the title of named chair, distinguished professor, or fellow at their universities. In this study, the authors relied on J. R. Hasselback's "Accounting Faculty Directory 2002-2003" as the primary source for determining (a) personal profiles of th...

There are currently 195 marketing faculty in the United States receiving the distinguished title of chair, professor, or fellow at their university in 2002. This study uses information from Hasselback's Marketing Faculty Directory 2002-2003 regarding these named chairs and the schools at which they are teaching to determine: (1) a personal profile...

This paper focuses on current practices of political risk evaluation and disclosure by management and auditors. Disclosure about effects of the Gulf War in corporate annual reports serves here as a case in point. Current accounting and auditing guidelines on the treatment of uncertainties and contingencies provide a background for in-depth analysis...

This study examines auditor lobbying on seven proposed US accounting standards which affect banks and savings and loan associations. Evidence is provided in support of the Watts and Zimmerman (1982, 1986) theory on auditor lobbying. Watts and Zimmerman (WZ) hypothesise that auditor lobbying is a function of the client-manager position and a set of...

Measuring quality costs is becoming an increasingly more important task for accountants. This is especially true in light of new definitions and goals of quality programs, which are primarily to produce goods and services with zero defects while preventing problems, improving reliablity and eliminating waste. This article examines how accountants c...

This paper examines distinguished professorships in the academic field of economics in the U.S. from the 1995-1996 and 2001-2002 academic years using data from the Prentice Hall Guide to Economics Faculty compiled by James Hasselback. Over the six year period, the number of named professorships in economics increased from 369 to 402. Our findings s...

The focus of this paper is on the bankruptcy prediction of small firms. Specifically, two successful bankruptcy prediction models, Ohlson's model (1980) and Shumway's model (2001), are re-estimated with the data of a sample of firms traded on the over-the-counter (OTC) market in a recent period in the 1990s. While Ohlson's model relies strictly on...

Following the frauds of Enron and MCI and the legislation of Sarbanes-Oxley, critics turned their attention toward universities to determine how accounting programs were preparing students to prevent and detect frauds in the future. The American Accounting Association (AAA) called on educators to develop courses in forensic accounting and fraud exa...