scholarly journals An Examination of AICPA Disciplinary Actions: 1980–2014

2016 ◽  
Vol 10 (2) ◽  
pp. A1-A13 ◽  
Author(s):  
Jack L. Armitage ◽  
Shane R. Moriarity
Keyword(s):  
Professional Service ◽  
Substantial Decrease ◽  
Certified Public Accountants ◽  
Professional Conduct ◽  
Disciplinary Actions ◽  
American Institute ◽  
High Incidence ◽  
Public Accountants ◽  
Code Of Professional Conduct

SUMMARY This study examines trends in the disciplinary sanctions imposed by the American Institute of Certified Public Accountants (AICPA) over the 35-year period 1980–2014. It reveals that the sizable increase in the number of sanctions that followed the 1988 revision to the Institute's Code of Professional Conduct has mostly stabilized. However, there is still growth in the number of sanctions being imposed for substandard professional service. The sanctions imposed for substandard professional service have also become more stringent. In combination these actions confer assurance that continuing members of the Institute provide superior professional service. A 2003 bylaw change that imposes automatic sanctions for members disciplined by approved bodies has resulted in a substantial decrease in the number of investigations undertaken by the AICPA. However, there is a high incidence of noncooperation with the remaining investigations, the reasons for which are not established by the current study.

scholarly journals ierarchical Difference In Auditors Perceptions Of Lowballing: A Study Of Current Attitudes

2011 ◽  
Vol 14 (3) ◽  
pp. 93 ◽  
Author(s):  
Presha E. Neidermeyer ◽  
Tracy L. Tuten ◽  
Adolph A. Neidermeyer
Keyword(s):  
Financial Reporting ◽  
Certified Public Accountants ◽  
Professional Conduct ◽  
American Institute ◽  
Audit Process ◽  
Public Accounting ◽  
Accounting Firms ◽  
Regulatory Authorities ◽  
Code Of Professional Conduct ◽  
Independence In Appearance

<span>Auditors are in the business of providing to their clients the value of their attestation services for financial reporting. Auditors (and other accountants) have a strict Code of Professional Conduct which is enforced by the American Institute of Certified Public Accountants (AICPA). According to this Code of Professional Conduct (AICPA 1988), the AICPA sets forth the requirement that all auditors comply with generally accepted auditing standards (GAAS) in all audit engagements. These rules are a necessary part of the audit process helping to ensure a quality result for the stakeholders of the organization. Lowballing, the practice of bidding under or at cost for an audit in order to attract new clients, may violate the independence in appearance clause of the Code of Professional Conduct. Researchers and regulatory authorities appear to differ on their treatment of this issue. Differences in option (AICPA 1978 compared to DeAngelo 1981) appear to center around the interpretation of independence in the Code of Professional Conduct. This study evaluates current attitudes towards lowballing for all levels of professional auditors within four public accounting firms and specifically addresses the question of whether lowballing is a violation of the impendence in appearance section of the Code. The study also questions auditors as to their beliefs about the Code of Professional Conducts potential for change to accommodate the practice of lowballing.</span>

“Some people claim there’s a woman to blame”

2018 ◽  
Vol 33 (1) ◽  
pp. 30-49 ◽  
Author(s):  
Jonathan T. Fluharty-Jaidee ◽  
Theresa DiPonio-Hilliard ◽  
Presha Neidermeyer ◽  
Mackenzie Festa
Keyword(s):  
Real World ◽  
Design Methodology ◽  
Time Frame ◽  
Certified Public Accountants ◽  
Professional Conduct ◽  
American Institute ◽  
Content Type ◽  
Male Dominated ◽  
Gender Based ◽  
Code Of Professional Conduct

Purpose The purpose of this study is to investigate gender-based punishment bias in the type and severity of punishments imposed on a male-dominated profession using the accounting profession as a proxy. Design/methodology/approach Data were hand-collected from the population of certified public accountants disciplined for violations of the Code of Professional Conduct. Disciplinary actions were obtained from the American Institute of Certified Public Accountant’s website. A total of 404 observations were obtained for the study over a five-year period from January 2009 through June 2015, comprising the population of the captured infractions committed during this time frame. Findings Women are punished more harshly than men for equivalent infractions; the disparity in punishment between women and men increases with the severity of the infraction. Originality/value This paper answers the call by Wren (2006) for an increased examination of workplace punishment’s relationship to gender using real-world scenarios and data. This study provides empirical evidence of the gender-based punishment bias, which calls into question the neutrality of workplace punishment as executed by a male-dominated profession.

ALVIN R. JENNINGS: MANAGING PARTNER, POLICY-MAKER, AND INSTITUTE PRESIDENT

2015 ◽  
Vol 42 (1) ◽  
pp. 85-104 ◽  
Author(s):  
Martin E. Persson ◽  
Vaughan S. Radcliffe ◽  
Mitchell Stein
Keyword(s):  
Policy Maker ◽  
Certified Public Accountants ◽  
American Institute ◽  
Academic Field ◽  
Accounting Research ◽  
Public Accountants

Alvin R. Jennings (1905–1990) was a rare breed of an accountant. He was trained as a practitioner and rose to become a managing partner at Lybrand, Ross Bros. & Montgomery, but he kept a constant watch on the academic field of accounting research. Jennings served on the influential American Institute of Accountants' Committee on Auditing Procedure (1946–49) and later as the president of the American Institute of Certified Public Accountants (1957–58). This paper explores these activities and Jennings' contribution to the professional, academic, and institution discourse of the accounting discipline.

DIGITIZING THE ACCOUNTING HISTORIANS JOURNAL: A SHORT HISTORY

2006 ◽  
Vol 33 (2) ◽  
pp. 157-168 ◽  
Author(s):  
Royce D. Kurtz ◽  
David K. Herrera ◽  
Stephanie D. Moussalli
Keyword(s):  
Full Text ◽  
Certified Public Accountants ◽  
University Of Mississippi ◽  
Short History ◽  
American Institute ◽  
Federal Grant ◽  
Public Accountants ◽  
The University ◽  
Copyright Permission

The University of Mississippi Library has digitized the Accounting Historians Journal from 1974 through 1992, cover-to-cover. The American Institute of Certified Public Accountants' gift of their library to the University of Mississippi was, fortuitously, the impetus for the AHJ digitizing project. A complicated chain of events followed which included discussions with the Academy of Accounting Historians for copyright permission, an application for a federal grant, negotiations with software vendors, and decisions about search capabilities and display formats. Each article in AHJ is now full-text searchable with accompanying PDF page images.

EARLY ENCOUNTERS BETWEEN CPAs AND THE SEC*

1979 ◽  
Vol 6 (1) ◽  
pp. 29-37 ◽  
Author(s):  
John L. Carey
Keyword(s):  
Vice President ◽  
Gold Medal ◽  
Certified Public Accountants ◽  
American Institute ◽  
Public Accountants

The recollections of John L. Carey about the policies and politics in professional circles during the very important period when the Securities Exchange Commission first came into being. Mr. Carey served the American Institute of Certified Public Accountants in various capacities from 1925 to 1969, including editor of The Journal of Accountancy and Administrative Vice-president, and received the Institute's gold medal for distinguished service to the profession.

scholarly journals Teoria da Entidade versus Teoria dos Fundos: uma análise da evidenciação das demonstrações financeiras de uma organização sem fins lucrativos

2013 ◽  
Vol 7 (2) ◽  
pp. 4-21
Author(s):  
Gislaine Aparecida Santana ◽  
Romualdo Douglas Colauto ◽  
Cleberson Luiz Santos de Paula ◽  
Gideão José Pinto Oliveira
Keyword(s):  
Certified Public Accountants ◽  
American Institute ◽  
Public Accountants

As associações sem finalidade lucrativa não possuem legislação específica para evidenciação de suas Demonstrações Financeiras (DFs) e por isso, são obrigadas a prepará-las conforme as normas para as organizações com finalidades lucrativas. Como a totalidade das rendas arrecadas pelas organizações sem fins lucrativos possui destinação específica, a utilização da teoria dos fundos para evidenciação das DFs pode tornar-se a mais adequada para este tipo de entidade. Assim, objetivou-se com este artigo demonstrar a evidenciação do Patrimônio Líquido em uma organização sem fins lucrativos sob a ótica da Teoria dos Fundos. A pesquisa caracterizada como exploratória, buscou converter as DFs de uma organização sem finalidade lucrativa, elaboradas de acordo com a Teoria da Entidade, em DFs elaboradas segundo os princípios da Teoria dos Fundos. O modelo de DFs utilizado no estudo encontra respaldo no Pronunciamento SFAS 117 do American Institute of Certified Public Accountants de 1993, o qual identifica se os recursos arrecadados apresentam restrições temporárias, permanentes ou nenhum tipo de restrição de uso pela organização. Os resultados mostram que a conversão permite ao usuário das informações contábeis identificar o patrimônio da organização de acordo com a sua finalidade e/ou restrição. Desse modo, a organização em estudo apresentou um patrimônio quase em sua totalidade com característica de restrição de uso. Além de revelar um superávit consolidado no Resultado do Exercício pelo modelo da Teoria da Entidade e um déficit quando segregado por fundos.

The 150-Hour Requirement and Changes in the Supply of Accounting Undergraduates: Evidence from a Quasi-Experiment

2002 ◽  
Vol 17 (3) ◽  
pp. 253-268 ◽  
Author(s):  
Jeff P. Boone ◽  
Teddy L. Coe
Keyword(s):  
Working Conditions ◽  
The Other ◽  
Certified Public Accountants ◽  
American Institute ◽  
Student Counseling ◽  
Public Accountants ◽  
Accounting Graduates ◽  
Quasi Experiment

The number of accounting graduates has declined sharply following the near universal adoption of the 150-hour requirement for licensing and as a condition for membership in the American Institute of Certified Public Accountants (AICPA). This decline has led many observers to conclude that the 150-hour requirement was a mistake. Our study investigates the extent to which the 150-hour requirement (rather than other causes) is responsible for the decline in the number of accounting graduates during the 1990s. We document that approximately 38 percent of the decline can be attributed to the requirement. The other 62 percent of the decline remains unexplained. Our study underscores the importance of considering other factors such as noncompetitive compensation, unattractive working conditions, inappropriate student counseling, and inadequate curriculum among others when trying to understand the decline in accounting enrollments.

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