Nancy Thorley Hill

DePaul University · School of Accountancy and MIS

This study uses event history methodology and dynamic models to examine bankruptcy and financial distress. Dynamic models incorporate the conditional probability of a firms financial status changing from financially distressed to stable or bankrupt and enable us to simultaneously examine stable, financially distressed and bankrupt firms. We also ad...

This series of four short cases is designed to help students develop the skills to research the Financial Accounting Standards Board's (FASB) Accounting Standards Codification and other authoritative literature. It also is designed to help improve students' ability to analyze and critique the complex issues that often surround the accounting for re...

The authors explore how and to what extent students use their textbooks. Data was collected through a survey regarding when reading is primarily done, how the textbook is used for studying, and which specific study strategies the students used. The results indicate that students know it is important to read, know the professor expects them to read,...

This article investigates U.S. corporate lobbying of the Financial Accounting Standards Board (FASB) in the U.S. on the exposure draft to Financial Accounting Standard No. 123 (FAS 123), Accounting for Stock-Based Compensation. Essentially, firms lobbied the FASB in one of three ways: (a) against disclosure/recognition of any additional information...

Management accounting research (e.g., Khandwalla, 1972; Ewusi-Mensah, 1981; Gordon and Narayanan, 1984) suggests that organizational characteristics influence the type and use of accounting and information systems within organizations and that as environmental uncertainty increases, decision makers seek more information for planning and control. Wi...

This paper considers the state of managerial accounting in Ireland and argues that it is “marginalised”. As evidence, the study examines the adoption of one innovative technique, Activity-Based Costing (ABC), in Ireland and reports that the rate of adoption is lower in Ireland than in Anglo-American countries. This is a puzzling phenomenon given th...

The need to maintain the public trust in the integrity of the accounting profession has led to increased interest in research that examines the moral reasoning abilities (MRA) of Certified Public Accountants (CPAs). This study examines the MRA of CPAs practicing in small firms or as sole practitioners and the factors that affect MRA throughout thei...

Corporations often seek to motivate managers to think and act long-term by including stock options as part of their compensation. This leads to several interesting consequences. For example, how should the stock options be valued and reported in the financial statements? What types of conflicts of interests (for example, between the CEO and shareho...

Accountants are often confronted with ethical decisions. Yet, some prior research indicates that both public accountants and accounting students in the U.S. may not have as high a level of moral reasoning as other professionals. One measure of moral reasoning ability is the Principled score, or P score, as determined by the Defining Issues Test. Pr...

Accountants confronted with ethical dilemmas are expected to comply with their ethical guide or seek advice from their professional body. This study of Chartered Accountants in Ireland records their views on the usefulness of a Code of Ethics, the efficacy of their professional Institute and the need for ethics courses in Continuing Professional De...