Search Results - subject:"internal control System"

Policeman for the World : The Impact of Extraterritorial FCPA Enforcement on Foreign Investment and Internal Controls

Christensen, Hans Bonde - 2020

We show that a mid-2000s increase in US extraterritorial enforcement of the Foreign Corrupt Practices Act (FCPA), characterized by greater international regulatory cooperation and more frequent use of the FCPA's accounting provisions, has a significant deterrent effect on foreign direct...

Persistent link: https://www.econbiz.de/10012849923

The Moderating Role of Internal Control in Tax Avoidance : Evidence From a COSO-Based Internal Control Index in China

Chen, Hanwen - 2020

We study the role of internal control in tax avoidance by evaluating the efficacy of the COSO framework in tax risk management. First, we use a comprehensive COSO-based index in China that covers a firm's internal control over not only financial reporting, but also operations and compliance....

Persistent link: https://www.econbiz.de/10012850661

Optimal Internal Control Regulation : Standards, Penalties, and Leniency in Enforcement

Schantl, Stefan - 2020

To protect investors, regulators increasingly rely on regulating firms' internal controls over financial reporting, but they punish noncompliance only if an internal control weakness enabled accounting manipulation. In other words, enforcement is manipulation-contingent. We develop an economic...

Persistent link: https://www.econbiz.de/10012852934

Unexpected Consequences : The Effects on Non-Accelerated Filers of an Accelerated Filing Deadline and Sox Section 404

Dong, Bei - 2020

Regulations implemented by the SEC in 2003 and 2004 simultaneously shortened the financial statement filing deadlines and increased the preparation time required for both the financial statements and the related audit of accelerated filers (AFs). However, there were indirect, unintended negative...

Persistent link: https://www.econbiz.de/10012841789

Board Structure, Payout Policy, and Performance during the Crisis : An Unintended Consequence of the Sarbanes-Oxley Act and the Exchange Listing Rules

Chen, Jie - 2020

Non-compliant firms required to raise board independence by the 2003 NYSE and NASDAQ listing rules significantly increased their dividend payouts and held less cash reserves. As the crisis unfolded, they were more likely to reduce investment and ultimately under-performed compliant firms. The...

Persistent link: https://www.econbiz.de/10012822947

Sustaining Competitive Advantage Through Good Governance and Fiscal Controls : Risk Determinants in Internal Controls

Rahman, Jahidur Md - 2020

This study conducts a comprehensive review of the literature published during 1989-2020 to identify the factors that can cause internal control weakness. This review is organized around five main groups, namely: 1) rapid growth and restructuring, 2) financial reporting complexity, 3) auditor...

Persistent link: https://www.econbiz.de/10012823043

The Relationship Between Sarbanes-Oxley Policies and Donor Advisories in Nonprofit Organizations

Saxton, Gregory D. - 2020

This study examines the impact of Sarbanes–Oxley (SOX) on the nonprofit sector. Focusing on three key SOX policies applicable to charities—conflict-of-interest policies, records retention policies, and whistleblower policies—this study tests the relationship between the existence and...

Persistent link: https://www.econbiz.de/10012825558

The IAPC's International Auditing Guidelines and its Controversial IAG 13 on the Auditor's Report

Zeff, Stephen A. - 2020

This paper is a historical account of the founding, organization and early operation of the International Auditing Practices Committee (IAPC), which was one of the committees of the International Federation of Accountants (IFAC), from 1978 to 1991. It examines the debates and disagreements...

Persistent link: https://www.econbiz.de/10014094486

An analysis of the reserved fund management internal control system at the Indonesia mission abroad

Herawati, Ni Komang; Simanjuntak, Binsar H. - In: Contemporary research in accounting : an Indonesian context, (pp. 203-217). 2020

Persistent link: https://www.econbiz.de/10012170515

Factors influencing audit findings of the Indonesian district governments' financial statements

Pamungkas, Bambang; Avrian, Cendy; Ibtida, Reisya - In: Cogent Business & Management 6 (2019), pp. 1-18

-Compliance with Regulations using the Weaknesses of the Internal Control System as the moderating variable. Our results show that Size … has a positive impact on the Internal Control System. Otherwise, the Completion of Audit Recommendation negatively affects … both the Internal Control System and the Non-Compliance with Regulatory. The other independent variables of Local Income …

Persistent link: https://www.econbiz.de/10012117471