Accounting regulatory changes that affect the information technology (IT) infrastructure of firms have prompted Chief Information Officers (CIOs) to take the lead in aligning IT changes with new reporting requirements. This study investigates the associations between the mandatory adoption of...

This paper investigates the predictive value of tangible long-lived asset impairments for changes in future operating cash flows under US GAAP and IFRS. We find that impairments reported under IFRS are negatively associated with changes in future operating cash flows whereas those under US GAAP,...

Economic literature documents that the rate of investment in intangibles has exceeded tangible assets in the U.S. private sector since the mid-1990s. However, whether or how the internally developed intangibles affect auditors' risk assessment and work has received little attention. This study...

Existing research on cost stickiness focuses primarily on for-profit companies. This study investigates cost behavior in the public sector, a new setting that deserves more research attention. Using unique data from public schools in Taiwan, we find that operating expenditures of public schools...

This study is to investigate the roles of chief accounting officer (CAO) on the efficiency of auditing process and to empirically examine the association between separate CAO appointment and audit report lag. Based on the firms listed in the U.S. market from 2004 to 2012, we examine and find...