scholarly journals Propensity to use global solutions of creative and aggressive accounting - in the light of accountants’ opinions

2021 ◽  
Vol 129 ◽  
pp. 03030
Author(s):  
Aleksandra Szewieczek ◽  
Patrycja Ostrowska
Keyword(s):  
Survey Methods ◽  
Value Added ◽  
Global Solutions ◽  
Research Field ◽  
Economic Crime ◽  
Accounting Students ◽  
Job Knowledge ◽  
Creative Accounting ◽  
Accounting Professionals ◽  
Aggressive Accounting

Research background: The processes of globalization contributed to the unification of accounting principles through their standardization and harmonization. However, there is rapid and frequent permeation of innovative and complex transactions and as a result, the area and scale of implementation of creative and aggressive accounting practices are increasing. There is also a new issue of forensic audit, whose task is to prevent economic crime by mainly detecting financial crime and fraud. A research field that requires deepening is the analysis of the perception, understanding, and propensity of accountants to adopt creative and aggressive accounting solutions and their attitude toward forensic audit. Purpose of the article: The main purpose is to analyze the degree of knowledge and adoption of internationally known creative and aggressive accounting solutions and to investigate the propensity of people involved in accounting to commit fraud. Methods: The article employed survey methods and techniques (within an accounting students’ group and among accounting professionals) as well as literature analysis, synthesis, and inference. Findings & Value added: The results indicate that the degree of knowledge of creative accounting is the highest among the issues considered. The most important factors influencing the propensity to commit fraud are pressures caused by third parties (in particular superiors), financial benefits, and the fear of losing a job. Knowledge of the issues of forensic audit is low. It is necessary to conduct promotional activities to increase awareness of the issues studied and to shape appropriate ethical attitudes among accounting professionals.

scholarly journals Empirical Study on the Creative Accounting Phenomenon

2016 ◽  
Vol 26 (2) ◽  
pp. 63-87 ◽  
Author(s):  
Lucian Cernusca ◽  
Delia David ◽  
Cristina Nicolaescu ◽  
Bogdan Cosmin Gomoi
Keyword(s):  
Point Of View ◽  
Accounting Students ◽  
Professional Judgment ◽  
Essential Factor ◽  
Chi Square ◽  
Financial Position ◽  
Positive Side ◽  
Creative Accounting ◽  
Accounting Professionals ◽  
Negative Connotation

Abstract The present study aims to analyze the accounting professionals’ point of view as opposed to the students and master students’ one, regarding the creative accounting phenomenon existence and manifestation forms. In order to accomplish this objective, there has been used the poll/investigation, as a research method and the questionnaire, as a research instrument. Within the study, there is suggested the testing of more hypotheses that contribute to the clarifying of the aspects wished to be analyzed through the research. These hypotheses’ acceptance or rejection is based on the „chi-square“ (Karl Pearson) statistical test and rank ordering method. Trying to elaborate a global conclusion of the questionnaire, there could be noticed the fact that over 50% from the questioned accounting students are not tempted to use the creative accounting practices and techniques in order to optimize the taxation without breaking the actual law regulations. At the opposite side, more than a half from the questioned accounting professionals would use these practices without breaking the law regulations that lead to the taxation’s optimization. The creative accounting has a negative connotation if the accurate image of the financial position and of the performance is not targeted because it represents the essential factor for elaborating and grounding the accounting policies. However, the positive side of the creative accounting is not excluded, given that one appeals to the „fair“ professional judgment of the accounting professionals and to the good faith of managers.

scholarly journals Could globally used Beneish M-score predict the manipulation of the accounting statements in the Slovak republic?

2021 ◽  
Vol 129 ◽  
pp. 03037
Author(s):  
Katarina Zvarikova ◽  
Erika Kovalova
Keyword(s):  
Slovak Republic ◽  
Value Added ◽  
Economic Crime ◽  
Accounting Fraud ◽  
Huge Number ◽  
Detection Ability ◽  
Creative Accounting ◽  
Key Factor ◽  
Score Model ◽  
Local Companies

Research background: Globalization is characteristic by many companies which are doing their business worldwide in various tax policies, so they are able to use the possibilities of creative accounting for their own benefit. And although the term creative accounting is concerned mainly with multinational companies, it is not an unknown technique also for local companies. Purpose of the article: The PwC’s Global Economic Crime and Fraud Survey proved that economic crime is constantly evolving worldwide. At present, there is a huge number of frauds, which include corruption, misappropriation of assets, or fraudulent reporting. These papers are focused only on accounting fraud and creative accounting as the way to adjust accounting books and reports. Methods: The aim of the papers is to analyse the detection ability of the Beneish M-score model in the specific condition of the Slovak republic. These specific conditions consider tax minimization as the key factor for creative accounting implementation. The analysis was made with a Slovak company that was legally convicted of intentional manipulation of the accounting statements. Findings & Value added: The consideration of the specific condition in M-score for Slovak republic showed the best detection ability to reveal the frauds. As our study reveals, reduced M – score5 was unreliable in the condition of the Slovak republic and although Beneish consider 3 indicators as redundant it seems that in the condition of the Slovak republic it is important to carefully consider their implementation.

Audit and Tax Career Paths in Public Accounting: An Analysis of Student and Professional Perceptions

2013 ◽  
Vol 28 (2) ◽  
pp. 213-231 ◽  
Author(s):  
Derek W. Dalton ◽  
Steve Buchheit ◽  
Jeffrey J. McMillan
Keyword(s):  
Business Processes ◽  
Data Availability ◽  
Accounting Students ◽  
Daily Routine ◽  
Limited Information ◽  
Student Survey ◽  
Public Accounting ◽  
Accounting Professionals ◽  
Job Opportunities ◽  
Client Relationships

SYNOPSIS Upper-division accounting students frequently direct their public accounting careers toward audit or tax “tracks” based on what appears to be limited information. Surprisingly, prior research has not investigated the factors that affect this fundamentally important career decision. We conduct two surveys to investigate the relevant factors of the audit-tax decision from the perspectives of upper-division accounting students and experienced public accounting professionals. Our student survey documents the underlying factors that influence the audit-tax decision. For example, accounting students who plan to pursue careers in audit believe that they will have more client interaction, better future job opportunities (i.e., industry positions), and greater knowledge of business processes if they work in audit (as opposed to tax). In contrast, accounting students who plan to pursue careers in tax perceive that they will have a more stable daily routine, develop more specialized skills, and build more collaborative client relationships if they work in tax (as opposed to audit). While our public accounting respondents agree with many of the students' perceptions, professionals also disagree with several of the students' perceptions, suggesting misimpressions of practice. Our results should be of interest to the accounting professionals, firm recruiters, and accounting professors who advise future accounting professionals. Data Availability: Data are available upon request.

scholarly journals THE EFFECT OF KNOWLEDGE OF ETHICS, RELIGIOSITY, ETHICAL SENSITIVITY, ETHICAL ORIENTATION TO ACCOUNTING STUDENTS PERCEPTION OF CREATIVE ACCOUNTING PRACTICES

ACCRUALS ◽  
2021 ◽  
Vol 5 (01) ◽  
pp. 63-88
Author(s):  
Dede Sevi ◽  
Sri Mulyati ◽  
Asep Kurniawan
Keyword(s):  
Higher Education ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Accounting Students ◽  
Ethical Sensitivity ◽  
Ethical Orientation ◽  
West Java ◽  
Ethical Knowledge ◽  
Creative Accounting ◽  
Positive Effect

Creative accounting is an ethical dilemma because it does not seem to violate the rules but causes users of financial statements to make wrong decisions. With the occurrence of various accounting scandals abroad and in Indonesia that has committed creative accounting actions, it is evident that there are still many accountants who violate the basic principles of professional accounting ethics and from creative accounting actions that have resulted in companies collapsing. This study aims to examine whether there is a relationship between ethical knowledge, religiosity, ethical sensitivity, and ethical orientation to accounting students' perceptions of creative accounting practices. The subjects of this study were students of higher education accounting study programs in West Java. The research method used in this research is quantitative with a questionnaire. The survey was conducted on 320 respondents of higher education accounting students in West Java. The analysis technique uses multiple linear regression analysis with SPSS software. The results of this study indicate that: ethical knowledge has a positive effect on accounting students' perceptions of creative accounting practices, religiosity does not affect accounting students' perceptions of creative accounting practices, ethical sensitivity has a positive effect on accounting students' perceptions of creative accounting practices, ethical orientation does not affect perceptions. accounting students regarding creative accounting practices. And simultaneously ethical knowledge, religiosity, ethical sensitivity, and ethical orientation affect the perceptions of accounting students regarding creative accounting practices as evidenced by the F value of 62.587> F table 2,4003 and a significance value of 0,000 <0.05.

scholarly journals Creative accounting as one of the global tools for detecting fraud in Europe

2021 ◽  
Vol 129 ◽  
pp. 03024
Author(s):  
Monika Poradova
Keyword(s):  
Western Europe ◽  
Balance Sheet ◽  
Fraud Detection ◽  
Value Added ◽  
The Third ◽  
Creative Accounting ◽  
Method Analysis ◽  
Graphic Methods ◽  
Descriptive Method ◽  
Different Levels

Research background: The issue of fraud is a real and not an exceptional phenomenon in today’s global economies. Fraud arises in businesses at different levels and from different motivations. However, with the development of fraud, methods are also being developed to help detect such fraud. Therefore, the present paper focused on creative accounting as one of the global tools for detecting these scams. The present paper consists of four parts. The first part deals with the issue of creative accounting. The second part describes fraud techniques such as “windows dressing”, “off-balance-sheet financing” and “earnings management”. The third part of the article consists of an analysis of the development of fraud detection in Central and Western Europe. The third part also includes a discussion. The fourth part deals with the conclusions on the issue. Purpose of the article: describe the issue of creative accounting as one of the global tools for detecting fraud. One of the aims of this paper is also to analyse the development of fraud detection in Central and Western Europe. Methods: In the processing of the present paper, a descriptive method, analysis, mathematical and statistical methods, graphic methods, comparison and synthesis were used. Findings & Value added: provide an overview of the conditions for the creation of creative accounting, detection procedures, and the fight against creative accounting. The result of this article is a comprehensive view of the global frauds of Central and Western Europe.

scholarly journals Coaching as a global approach to the development of skills in various fields including HORECA and academics

2021 ◽  
Vol 129 ◽  
pp. 05012
Author(s):  
Peter Seemann ◽  
Zuzana Stofkova
Keyword(s):  
Questionnaire Survey ◽  
Survey Methods ◽  
Value Added ◽  
Quality Of Education ◽  
Global Approach ◽  
Academic Field ◽  
Coaching Activities ◽  
Coaching Approach ◽  
Education Process

Research background: The paper deals with coaching as one of the methods of developing a manager's personality in many fields including the Horeca sector and academics. Academic field also faces challenges like decreasing number of applicants, little application of graduates in the studied fields and quality of education process too. Purpose of the article: The aim of the research was to analyze the awareness and interest in the coaching approach in the HoReCa sector. The purpose was to find out whether managers perceive the existence of coaching as one of the possible approaches to the development of a person's personality. Furthermore we wanted to show the possibilities to embody coaching approach also to academic field. Methods: Within the research for quantitative survey methods, a questionnaire is most often used, in which it is important to obtain the necessary number of answers from respondents. Other methods belonging to this group are experiment or observation. An interview was used in the article as well as analysis of current coaching activities in academia. Findings & Value added: From the achieved results of the questionnaire survey, it is possible to confirm several facts. It was found that the interest in coaching approach among managers in the HoReCa sector is present because more than half of the respondents answered in the affirmative, i.e. that they are interested in coaching. Respondents clearly think that coaching is a suitable method of developing a manager's personality. Some coaching activities e.g., workshops also took place in the academic field.

The Factors that Affect Accountants' Decisions to Seek Careers with Big 4 versus Non-Big 4 Accounting Firms

2012 ◽  
Vol 26 (2) ◽  
pp. 239-264 ◽  
Author(s):  
Penelope L. Bagley ◽  
Derek Dalton ◽  
Marc Ortegren
Keyword(s):  
Behavioral Control ◽  
Data Availability ◽  
Accounting Students ◽  
Perceived Behavioral Control ◽  
Additional Insight ◽  
Accounting Firms ◽  
Accounting Professionals ◽  
Big 4 ◽  
Different Types ◽  
Insight Into

SYNOPSIS Finding qualified accounting staff has consistently been a top issue facing CPA firms. However, little is known about the factors that influence accountants' decisions to seek careers with different types of firms. In our paper, we use Ajzen's (1991) theory of planned behavior to examine the reasons why some accountants seek careers at Big 4 firms, while other accountants seek careers at non-Big 4 firms. We survey accounting students and find that attitudes, subjective norms, and perceived behavioral control each influence firm-choice decisions. To provide additional insight into our results, we survey accounting professionals from Big 4 and non-Big 4 accounting firms. We find that, overall, students' perceptions, while more limited, are similar to those of accounting professionals. Further, we find that accounting professionals provide a number of insightful comments that offer several important implications for accounting firms. Finally, we assess whether accounting professionals perceive that certain types of accounting students are more likely to succeed at Big 4 versus non-Big 4 firms, and whether recruiting efforts are consistent with these perceptions. Data Availability: Data are available upon request.

Catalytic esterification of bioglycerol to value-added products

2015 ◽  
Vol 31 (5) ◽  
Author(s):  
Pei San Kong ◽  
Mohamed Kheireddine Aroua ◽  
Wan Mohd Ashri Wan Daud
Keyword(s):  
Oleic Acid ◽  
Rational Design ◽  
Process Condition ◽  
Value Added ◽  
Acid Catalyst ◽  
Research Field ◽  
Operating Conditions ◽  
Vacuum System ◽  
Glycerol Conversion ◽  
Homogeneous Acid

AbstractThe inevitably low value of bioglycerol has led to extensive investigations on glycerol conversion to value-added chemicals. This review focuses on the industrially important catalytic esterification of glycerol with oleic acid attributable to its high commercial value. Conventionally, the catalytic esterification of long-chain fatty acids with glycerol is operated at extreme operating conditions (homogeneous acid catalyst, high temperature, and intensive vacuum system). Because of these, rational design of reliable solid acid catalysts for water-sensitive esterification process is needed in order to enhance existing process condition. Up until now, the recent development of efficient and environmentally benign catalysts for esterification of glycerol with oleic acid has not been captured in any review. Therefore, the current literatures of catalytic esterification of glycerol with oleic acid and their affecting parameters are primarily discussed in this review. This review has shown that the hydrophobicity surface of catalysts is vital to boost up the reaction activity of polar glycerol and immiscible phase behavior of reactants. In addition, the concluding remarks for catalyst selectivity of glycerol monooleate, dioleate, and trioleate synthesis are presented. The paper also highlights the research gaps and future direction of this important research field.

scholarly journals Creative accounting as a global tool for tax optimization

2021 ◽  
Vol 92 ◽  
pp. 02007
Author(s):  
Roman Blazek
Keyword(s):  
Slovak Republic ◽  
Value Added ◽  
Financial Statements ◽  
The Other ◽  
Analytical Models ◽  
Creative Activity ◽  
Economic Activities ◽  
Business Partners ◽  
Creative Accounting ◽  
State Administration

Research background: Creative accounting is a set of skills that allow people to produce an artistic, scientific or other creative activity that creates new, unusual and acceptable ideas, which are transformed into financial statements, which then form a positive view of the company’s economic activities. Purpose of the article: Creative accounting is a problem all over the world, as it adversely affects the financial statements in each country. The article describes models that help reveal the creativity of accountants and financiers. Procedures for identifying possible accounting delays are based on analytical models. In particular, it is complex statistical methods or data collection techniques that identify hidden, unusual patterns that indicate fraud. These analytical models are therefore used to detect various errors and fraud in accounting. Methods: Analytical models will be available to identify different methods of accounting abuse. Interest is placed on the analytical models of Beneish model and the Modified Jones model. The main objective of using these models is to reveal creative accounting in sector A - Agriculture, forestry and fishing. Fraud is investigated using sophisticated analytical methods that reveal improved data. Findings & Value added: Creative accounting in the conditions of the Slovak Republic but also globally is still not possible completely to reveal. The value added of this article can be mentioned as the benefit for potential business partners as well as investors interested in the analysed sector and the other hand for the other for the state administration.

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