Journal articles on the topic 'Professional accounting firms'
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Edward Pickering, Mark. "Accounting firm partners to public corporation employees." Journal of Accounting & Organizational Change 11, no. 1 (March 2, 2015): 96–129. http://dx.doi.org/10.1108/jaoc-11-2012-0116.
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Purpose The purpose of this paper is to explore the implications on former accounting firm partners becoming employees of a publicly owned accounting corporation, the responses of the former partners and impacts on the acquiring company. Partners of accounting and other professional service firms selling their firms to publicly owned companies often remain with the acquiring company as employees and receive company shares as consideration for their firms. Agency theory suggests public ownership will result in changes to the roles of senior professionals with potential resistance and motivation consequences. Design/methodology/approach This paper uses a case study approach involving the review of publicly available information and interviews with executives and senior professionals of an Australian publicly owned accounting company, Stockford Limited. Findings The Stockford case indicates that selling their firm to a publicly owned company can have significant negative implications for accounting firm partners. The former partners struggled to adapt to their new roles as senior professional employees and shareholders. Their responses had significant impacts on company performance, which ultimately contributed to the collapse of the company, thus reflecting the power senior professionals retain regardless of the change of ownership form. Research limitations/implications Care is required when generalising findings of a single case to other professions and other geographic jurisdictions. Practical implications This paper has significant implications for entrepreneurs and executives consolidating professional service firms, partners considering selling their firms and investors in publicly owned professional service firms. Originality/value Despite the emergence of publicly owned accounting and other professional service companies and the importance and power of senior professionals in professional service firms, this is the first study to explore the implications on senior professionals of selling their firms to public companies.
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Loscher, Georg Josef, and Stephan Kaiser. "The management of accounting firms: time as an object of professional and commercial goals." Journal of Accounting & Organizational Change 16, no. 1 (April 4, 2020): 71–92. http://dx.doi.org/10.1108/jaoc-06-2019-0070.
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Purpose This study aims to explore how commercial and professional management instruments are combined in accounting firms. Design/methodology/approach The authors conducted a qualitative study based on 30 semi-structured interviews with partners from 30 different accounting firms (sole practitioners to Big Four) in Germany. The study mainly draws from the literature on the management of accounting firms. Findings The findings of this study indicate that professional and commercial management instruments structure the use of time by accountants. In these management instruments, professional and commercial goals are interwoven by three mechanisms revealed in this study and named as ambivalence, assimilation and integration. The authors further identify the managerial aspects of professional instruments. Originality/value This paper offers three mechanisms that combine commercial and professional goals in the management of accounting firms. The authors thereby contribute to the literature on the management of accounting firms by analysing these mechanisms that enable the pursuit of both goals simultaneously. Further, the authors argue that the minimum organisation, defined by regulators, of accounting firms is an essential infrastructure for the commercialisation of accounting.
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Kesselly, Jerome M. "The Role Professional Accountant Firms play within the Liberian Market in Terms of Strategic Implementation of Financial Statement Audit." TEXILA INTERNATIONAL JOURNAL OF ACADEMIC RESEARCH 9, no. 1 (January 28, 2022): 112–19. http://dx.doi.org/10.21522/tijar.2014.09.01.art011.
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The study has evaluated the role Professional Accountant Firms play in the Liberian market and to understand the strategic tools used in implementing financial statement Audits [1]. A deductive approach was adopted, and information was collected from thirty respondents via Unstructured face-to-face interviews. Purposive sampling was engaged as this technique aided the cognizant arrangement of targeted respondents (Audit Associates, Staff Auditors, Semi Senior Auditors, Senior Auditors, Asst. Audit managers, Audit Managers, and Audit Partners). The findings show that Professional Accountant Firms in Liberia play a positive and significant role in the Liberian market. Professional Accountant Firms make great contributions in keeping Liberian businesses at full compliant with international financial reporting standards, legal and regulatory requirements, and their own policies and procedures. It is recommended that to be more efficient, Liberian businesses should embrace the role Professional Accountant Firms play within the Liberian market. It is concluded that the Liberia Institute of certified Public Accountants (LICPA) should strengthen, trained, and Licensed all Professional Accountant Firms to meet the growing need of the Professional Accounting industry in the Country.
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Abdelmoula, Lassaad, and Sami Boudabbous. "Impact of Organizational Commitment on Accounting Professionals’ Performance: Case of Accounting Firms." Journal of Accounting, Business and Management (JABM) 28, no. 2 (November 7, 2021): 59. http://dx.doi.org/10.31966/jabminternational.v28i2.497.
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Purpose–This study examines the impact of organizational commitment(OC)on job performance. Two hundredforty professionals participated in this study.
Design/methodology/approach–Our methodology has been applied toof 240 professional accountants who work in accounting offices in Tunisia.
Findings–The results show that both affective and continuity dimensions have a positive and significant impact on performance, whereas the normative commitment has a positive but not significant effect.
Originality/value–our knowledge, very little research has been conducted to investigate the accounting profession. our study aimed to fill this gap by studying the impact of OC on job performance of accounting professionals in the Tunisian context.
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Liu, Chenyong, and Chunhao Xu. "The effect of audit engagement partner professional experience on audit quality and audit fees: early evidence from Form AP disclosure." Asian Review of Accounting 29, no. 2 (February 8, 2021): 128–49. http://dx.doi.org/10.1108/ara-08-2020-0121.
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PurposeThe purpose of this study is to examine the effect of audit engagement partner's professional experience on audit quality. The authors also investigate the relationship between the audit partner's experience and audit fees in both Big 4 and non-Big 4 accounting firms.Design/methodology/approachSince the Public Company Accounting Oversight Board (PCAOB) officially enacted Rule 3211 in 2017, US accounting firms are required to disclose detailed information of engagement partners in Form AP (PCAOB, 2015b). The authors obtained a sample of 2,283 audit partners from Form AP and hand collected their individual professional experience data through Certified Public Accountant (CPA) database, corporate disclosure and social media sites (e.g. Linkedin). Econometric models with fixed effects are used in this study to test our hypotheses. Two-stage least square (2SLS) model is used in the robustness test.FindingsThe authors find that the relationship between audit engagement partner's professional experience and audit quality is concave. It indicates that audit quality is increasing during the early stage of engagement partners' career and then decreases as the partners approaching the late-career phase. Further, the authors find that partner's professional experience is positively associated with audit fees in non-Big 4 accounting firms but not significantly associated with audit fees in Big 4 accounting firms.Practical implicationsThe finding of how auditor experience impacts audit quality can be useful for accounting firms to better plan their staffing in auditing engagements. This study’s results are also helpful for small accounting firms to optimize their pricing strategy.Originality/valueThis study provides new empirical evidence about the relation between auditor professional experience and audit quality. Furthermore, the authors extend the literature of audit fee determinants by testing the joint effects of audit firm-level factors and auditor individual-level professional experience on audit fees.
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Tingey-Holyoak, Joanne, and John D. Pisaniello. "Water accounting knowledge pathways." Pacific Accounting Review 31, no. 2 (April 1, 2019): 258–74. http://dx.doi.org/10.1108/par-01-2018-0004.
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Purpose There are increasing demands on professional accountants in practice to generate water accounts for clients using knowledge from other disciplines within and outside their firms. Whilst many professional service firms have a broad range of in-house and consulting expertise, professional groups within and between these organisations may not be generating and sharing the knowledge required for successful water accounting. The purpose of this paper is to explore how additional disciplinary skills for water volumetric measurement, understanding of licensing and allocations can effectively and efficiently be shared between the disciplines required to be involved. Design/methodology/approach Two cross-sectional semi-structured surveys developed using a social network lens were disseminated to Australian accountants operating in professional services firms, and the results were descriptively analysed. Findings The authors find that, whilst accounting and engineering are acknowledged as core disciplines for water accounting, there is a need for more standardised measures and frameworks across diverse scales to fit in with current reporting practices and meet stakeholder needs. These need to be nested in a water accounting regulatory model that includes the accountancy professional bodies as a platform for knowledge generation and sharing. Originality/value The paper provides evidence of perceived barriers to and pathways for interdisciplinary knowledge networks for a new type of accounting. It demonstrates how regulatory frameworks can potentially assist rather than impede accountants in their contribution to solving of complex corporate sustainability problems.
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Stork, Diana, Diane Cross, Chris LaBauve, and Liane Stevens. "Family Benefits In Public Accounting." Journal of Applied Business Research (JABR) 8, no. 4 (October 4, 2011): 129. http://dx.doi.org/10.19030/jabr.v8i4.6134.
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This article addresses questions about family benefits in public accounting firms and reports on a survey of Connecticut CPAs. Results suggest differences in the benefits and family policies of Big 6 and local firms, with local firms being more responsive to the family needs of their professional staff. Results also suggest opinions are influenced by gender and organizational position (staff or partner). Women and staff accountants believe that using benefits might hurt their careers, and they have less favorable attitudes about their firms family policies and benefits.
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Keng, Kau Ah, and Pamela Liu. "Expectation of Service Quality in Professional Accounting Firms." Journal of Customer Service in Marketing & Management 5, no. 2 (December 9, 1998): 39–54. http://dx.doi.org/10.1300/j127v05n02_03.
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Duff, Angus. "Corporate social responsibility reporting in professional accounting firms." British Accounting Review 48, no. 1 (March 2016): 74–86. http://dx.doi.org/10.1016/j.bar.2014.10.010.
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Siegel, Philip H., B. J. Blackwood, and Sharon D. Landy. "Tax Professional Internships And Subsequent Professional Performance." American Journal of Business Education (AJBE) 3, no. 5 (May 1, 2010): 51–60. http://dx.doi.org/10.19030/ajbe.v3i5.428.
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How do internships influence the socialization and performance of accounting students employed in the tax department of a CPA firm? Previous research on accounting internships primarily focuses on auditing personnel. There is evidence in the literature that indicates audit and tax professionals have different work cultures. This paper examines the relationship between internships and subsequent professional performance of tax professionals as measured by promotion velocity and employee turnover. The human resource department, from seven regional CPA firms with similarly structured internship programs, provided performance, promotion and turnover data on employees who completed internships and employees who did not complete internships. The results of the study indicate that internships positively affect performance evaluations, promotions, and employee retention of tax professionals.
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Margheim, Loren, Judith A. Hora, and Diane Pattison. "Educational Competencies That Mid-Sized CPA Firms Value In Their Professional Accounting Staff." American Journal of Business Education (AJBE) 3, no. 6 (June 1, 2010): 69–80. http://dx.doi.org/10.19030/ajbe.v3i6.444.
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This study examined the educational competencies mid-sized accounting firm partners value in their professional staff when making promotion decisions to senior, manager, and partner. Mid-sized firms were defined in this study to include all of the non-Big 4 national firms, the large regional CPA firms, and several large local firms. Over 1,380 partners received two mailings of a survey instrument and usable responses were received from 699 of those partners. The paper summarizes the competencies the respondents indicated were important to be promoted in their firms. In addition, the study summarizes demographic characteristics of those mid-sized accounting firm partners and the advantages they perceive of working for a mid-sized accounting firm. Results indicate that technical accounting skills are very important to mid-sized firms, but that their relative importance decreases as individuals are considered for higher level positions. On the other hand, the importance of communication, leadership, and interpersonal skills grows all the way through the partner promotion decision.
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McGuigan, Nicholas, and Alessandro Ghio. "Queering accounting: opening up and connecting professional services firms." Sustainability Accounting, Management and Policy Journal 9, no. 5 (November 5, 2018): 625–35. http://dx.doi.org/10.1108/sampj-08-2018-0210.
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Purpose The purpose of this paper is to provide a commentary on the research undertaken by Egan (2018), arguing for the themes of opening and connecting to be embraced, adopted and practiced by professional service firms, those who work within them and the academic researchers actively engaged in investigating this field. Design/methodology/approach This study provides insights into the need for professional service firms to ensure breathing space for LGBTQI-identifying accountants rather than a simple acceptance and assimilation of LGTQI peoples within the consolidated heteronormative structures of the accounting profession. Starting from the recent societal and legislative changes coupled with the ongoing disruption of the business environment, this paper urges professional service firms and accounting researchers to open up and connect to cultural identification, theory, research ideas, research methodologies and research impact and dissemination. Originality/value This study represents the beginning of a discussion around the lifeworlds of LGBTQI-identifying accountants and how embracing these may be beneficial for their accounting profession. It provides a critical discussion of the current use of Queer Theory and it supports future studies around the notion of “intersectionality.” It also includes empirical evidence about connecting academic, professional and public communities around the topic of “Queering Accounting.”
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Beaverstock, J. V. "Subcontracting the Accountant! Professional Labour Markets, Migration, and Organisational Networks in the Global Accountancy Industry." Environment and Planning A: Economy and Space 28, no. 2 (February 1996): 303–26. http://dx.doi.org/10.1068/a280303.
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In this paper, the notion of the labour market is discussed within the context of international migration of skilled labour in the accountancy industry. The principal arguments reported are that the labour-market practices of large accountancy firms have restructured the demand for professional labour on a global scale. Accounting staff are subcontracted to their firm's international office networks or multinational clients through secondment, transfer, or exchange procedures. Equally, those firms who are members of global accountancy networks subcontract their staff to the international independent member firms.
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Moradi, Dr Majid. "Factors Affecting Personal Branding in Accounting." Webology 19, no. 1 (January 20, 2022): 4990–5006. http://dx.doi.org/10.14704/web/v19i1/web19335.
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Personal branding is an investment in personal professional development in a world where marketing can increasingly determine the fate of businesses and jobs more than ever. To have the desired personal brand, people should learn various characteristics through the acquisition of knowledge, skills, and experiences and apply them. Without professional, human, and perceptual skills, people cannot develop their personal brand domain. Branding is an approach for gaining power, differentiating between competitors, and maintaining customer loyalty. In today's environment, having a professional reputation or brand is considered a very important asset. A personal brand is something that saves people from professional anonymity and exposes them in a particular circle for a specific reason. Personal branding is broader than corporate (organizational) branding, which is influenced by complex factors and conditions and is not just a professional marketing process. Accounting is one of the most organized and disciplined professions in the world. Due to the type and nature of the services it provides, it has a special reputation and trustfulness. Since accounting and auditing firms are among small and medium-sized companies, they are very much influenced by their founders and partners, and the role of branding in these firms is very important. Companies need a well-known and trustable person to do their accounting affairs (in fact, such a person can be an accounting brand) so that they can trust him/her with ease; so, the factors that affect accountants' personal branding are presented here to determine what can be done and how to turn accountants into strong brand staffs in the professional and practical field to solve the problems of companies in choosing strong accountants or financial managers. Companies need professional accountants for staying in the survival triangle. Accountants can also create a competitive advantage for themselves and outperform their counterparts by developing their own brand. In this article, the factors affecting branding in accounting are presented in a model.
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Shafer, William E., D. Jordan Lowe, and Timothy J. Fogarty. "The Effects of Corporate Ownership on Public Accountants' Professionalism and Ethics." Accounting Horizons 16, no. 2 (June 1, 2002): 109–24. http://dx.doi.org/10.2308/acch.2002.16.2.109.
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The current trend toward corporate acquisitions of CPA firms poses potential threats to the autonomy and ethical standards of public accounting professionals. This recent consolidation movement suggests that for the first time a significant number of public accounting professionals are subject to the supervision and control of nonprofessionals. In addition to acknowledging the potential threats to auditor independence and objectivity, this paper suggests that these new organizational arrangements for the provision of public accounting services have other negative effects on professionalism and ethics such as desensitizing CPAs to traditional professional values, and subverting professional institutions to the goals of corporate employers. This paper develops a framework that identifies several specific research questions related to the effects of corporate ownership on professionalism and ethics in public accounting.
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Wen, Lei, Hongwei (Chris) Yang, Danlu Bu, Lizabeth Diers, and Huaqing Wang. "Public accounting vs private accounting, career choice of accounting students in China." Journal of Accounting in Emerging Economies 8, no. 1 (February 5, 2018): 124–40. http://dx.doi.org/10.1108/jaee-09-2016-0080.
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Purpose Built upon three components (attitudes, subjective norms, and perceived behavioral control) of the theory of planned behavior (TPB), the purpose of this paper is to analyze the factors that influenced accounting students’ intention to pursue public accounting instead of private accounting as their career choice in China. Design/methodology/approach The TPB is used to predict the rational intention of accounting students in this study. A binary logistic regression analysis was applied to test all hypotheses because of its suitability. Findings The authors find that the variety and marketability of public accounting experiences, high turnover plus, low firm cohesion in the workplace, and perceived difficulties in traveling extensively affected students’ intentions to pursue the public accounting profession significantly. By highlighting these factors that affect students’ intention to pursue public accounting, this paper has important implications for the accounting educators and other stakeholders in China and other emerging economies. Originality/value By understanding the factors influencing the accounting students’ interests in pursuing public accounting, accounting educators and accounting firms could make some changes, redesign accounting curriculum, and enhance internship experience and recruiting process in order to increase more interests in public accounting. Professional organizations and policy makers might learn some lessons to take some actions to encourage young accounting professionals to work for public accounting firms. Moreover, this study has provided a valuable perspective to accounting educators, practitioners, and policy makers in other emerging economies with the same shortage of qualified public accountants.
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State, Violeta. "Ethical Behavior and Assuring the Quality of Provided Services – the Case of Accounting Firms." Valahian Journal of Economic Studies 8, no. 1 (April 1, 2017): 23–30. http://dx.doi.org/10.1515/vjes-2017-0003.
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Abstract I started writing this paper from the premise that compliance with ethics and deontology in the accounting profession decisively contributes to assuring the quality of accounting services provided by professional accountants. For this purpose, we conducted a conjuncture survey, whose subjects, accounting firms, were asked about: their offering of accounting services, their compliance with fundamental ethical principles of the accounting profession, their compliance with deontological norms in promoting accounting services and issues related to the promotion of provided services. Based on the feedback received, we concluded that, basically, ethics and quality must represent the professional accountant, they must be their defining characteristics, but at the same time, in order to excel through their services, it is also necessary that customers, economic entities, show interest and receptivity, and provide the required documents and information in a timely manner and of appropriate quality.
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Dart, Jack, and Kim Freeman. "Dissatisfaction response styles among clients of professional accounting firms." Journal of Business Research 29, no. 1 (January 1994): 75–81. http://dx.doi.org/10.1016/0148-2963(94)90029-9.
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Vidwans, Mohini, and Rosemary Ann Du Plessis. "Crafting careers in accounting: redefining gendered selves." Pacific Accounting Review 32, no. 1 (December 19, 2019): 32–53. http://dx.doi.org/10.1108/par-03-2019-0027.
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Purpose While women are increasingly in senior positions in accountancy firms, a century after gaining entry to this once exclusively male field, they are still struggling to achieve career success. The concept of possible selves and a model of career crafting are activated in an analysis of how a set of New Zealand professional accountants have pursued their careers. This paper aims to focus on how people actively craft career selves in the context of organisational and gendered constraints, some of which are self-imposed, and therefore, can be modified and revised. Design/methodology/approach Interviews with 36 male and female accounting professionals in New Zealand – 21 working in private firms and 15 in academia identify how careers are shaped by contexts, cultural understandings of gender, organisational structures within which accountants are located and wider environmental factors. Findings Women accountants in this study are both agential and responsive to a range of constraints they encounter. These women challenge the notion that professional achievement requires single minded allegiance to a career; their strategic career crafting demonstrates how career and family commitments are not irreconcilable but can be skilfully integrated to nurture multiple selves. Their strategies are considered alongside those of a comparable set of male accountants. Originality/value This paper contributes to the literature on possible selves and the complexity of gendered lives through the application of a career crafting matrix to explore how accounting professionals forge careers and construct multiple selves.
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Holtzblatt, Mark A., Craig Foltin, and Norbert Tschakert. "Learning from Ethical Violations in Public Accounting: A South African Audit Scandal and a Firm's Transformation." Issues in Accounting Education 35, no. 2 (January 17, 2020): 37–63. http://dx.doi.org/10.2308/issues-19-062.
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ABSTRACT This case provides students with an opportunity to examine ethical issues and challenges encountered in public accounting. This real-life case occurred in South Africa, where wide-spread corruption and unethical behavior severely affected a global accounting firm. Due to the resulting negative publicity, the firm suffered significant reputational damage and underwent investigations by the audit regulator and professional accounting society. Consequently, the firm initiated major transformations of management, governance, and audit quality procedures. Students are required to research and analyze issues involving the accounting firm's South African activities. However, the matters addressed are universal and encountered by firms globally. The case learning objectives include improving understanding of the value of auditor independence, the importance of ethical behavior to a global firm's reputation, ways to promote ethical conduct, and how professional skepticism can identify ethical misconduct. The case is designed for auditing, forensic accounting, international accounting, accounting policy, and ethics courses.
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Kirk, Marcus P., and James D. Vincent. "Professional Investor Relations within the Firm." Accounting Review 89, no. 4 (January 1, 2014): 1421–52. http://dx.doi.org/10.2308/accr-50724.
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ABSTRACT: This paper investigates the effect of investments in internal investor relations (IR) departments on firm outcomes. We find that companies initiating internal professional IR experience increases in disclosure, analyst following, institutional investor ownership, liquidity, and market valuation relative to a matched sample of control firms. We also examine the differential impact the exogenous shock of Regulation Fair Disclosure (Reg FD) had on firms with an established professional IR department. We find these IR firms more than doubled their level of public disclosure post-Reg FD. Despite IR firms losing a potential communications channel following Reg FD adoption, we find they did not suffer adversely and instead show a post-Reg FD increase in analyst following, institutional investors, and liquidity relative to a control sample of similar non-IR firms. This implies that the effectiveness of professionalized internal IR increased post-Reg FD consistent with IR firms being relatively better positioned to navigate the more complicated regulatory environment. JEL Classifications: D82; M41; G11; G12; G14; G24 Data Availability: Data are publicly available from the sources identified in the paper with the exception of the membership data from the National Investor Relations Institute, which is a proprietary dataset.
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Chang, Yu-Tzu, and Dan N. Stone. "Workplace Mindfulness in Accounting Practice: Issues, Opportunities, and Challenges." Accounting Horizons 33, no. 4 (September 1, 2019): 167–85. http://dx.doi.org/10.2308/acch-52551.
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SYNOPSIS Research suggests that individual, secular mindfulness can improve work outcomes, including reducing stress and increasing attention, wellness, and job performance. This paper discusses the construct and efficacy of mindfulness and explores opportunities for and challenges to integrating workplace mindfulness in professional accounting. Evidence from websites suggests that most large accounting firms promote workplace mindfulness to their clients and that some (e.g., EY and PWC) promote its practice among their accounting professionals. While a review of literature indicates support for some claimed benefits, workplace mindfulness is no panacea. Challenges to workplace mindfulness include the unwillingness of some accounting professionals to practice mindfulness and that some claimed benefits, e.g., improved leadership and teamwork, are not well-supported by research. The paper concludes by proposing a set of workplace mindfulness issues and practice opportunities and discussing impediments to and the limits of mindfulness in professional accounting. JEL Classifications: M40; M41; M42.
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Broberg, Pernilla, Timurs Umans, Peter Skog, and Emily Theodorsson. "Auditors’ professional and organizational identities and commercialization in audit firms." Accounting, Auditing & Accountability Journal 31, no. 2 (February 19, 2018): 374–99. http://dx.doi.org/10.1108/aaaj-02-2014-1607.
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Purpose The purpose of this paper is to explain how auditors’ professional and organizational identities are associated with commercialization in audit firms. Unlike previous studies exploring the consequences of commercialization in the firms, the study directs its attention toward the potential driver of commercialization, which the authors argue to be the identities of the auditors. Design/methodology/approach The paper is based on 374 responses to a survey distributed to 3,588 members of FAR, the professional association of accountants, auditors and advisors in Sweden. The study used established measures of organizational and professional identity and introduced market, customer and firm process orientation as aspects of commercialization. The study explored the data through descriptive statistics, principle component analysis and correlation analysis and tested the hypotheses with multiple linear regression analysis. Findings The findings indicated that the organizational identity of auditors has a positive association with three aspects of commercialization: market orientation, customer orientation and firm process orientation. Contrary to the arguments based on prior literature, the study has found that the professional identity of auditors is also a positively associated with commercialization. This indicates a change of the role of professional identity vis-à-vis commercialization of audit firms. The positive association between professional identity and commercial orientation could indicate the development of “organizational professionalism.” The study also found differences between the association between professional identity and commercialization in Big 4 and non-Big 4 firms. While in Big 4 firms, professional identity is positively associated only with the firm’s process orientation, in non-Big 4 firms, professional identity has a positive association with all three aspects of commercialization. Originality/value The paper provides insight into how auditors’ identities have influenced commercialization of audit firms and into the normalizing of commercialization within auditing. The study also developed a new instrument for measuring commercialization, one based on market, customer and firm process orientation concepts. This paper suggests that this instrument is an alternative to the observation through proxies.
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Ashley, Louise, and Laura Empson. "Understanding social exclusion in elite professional service firms: field level dynamics and the ‘professional project’." Work, Employment and Society 31, no. 2 (February 1, 2016): 211–29. http://dx.doi.org/10.1177/0950017015621480.
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This article explores social exclusion in elite professional service firms (PSFs) through a qualitative study of six legal, accounting, investment banking and consulting firms. Employing a Bourdieusian perspective we find that all six firms privilege candidates with the same narrow forms of cultural capital, while acknowledging that this contradicts their professed commitment to social inclusion and recruiting the best ‘talent’. We find that this behaviour is enshrined within the habitus of elite firms. We argue that it represents an organizational strategy generated by a compulsion to achieve legitimacy in a specific field of London-based elite PSFs. We identify a ‘professional project’ of sorts, but argue that this can no longer be mapped on to the interests of a discrete occupational group. As such, we contribute to studies of elite reproduction and social stratification by focusing specifically on the role of elite professional organizations in the reproduction of inequality.
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Schiff, Andrew D., and Margaret C. Smith. "Margarets Garden Shoppe: A Realistic Simulation Of Accounting For Small Entities." Journal of Business Case Studies (JBCS) 4, no. 3 (March 1, 2008): 15–24. http://dx.doi.org/10.19030/jbcs.v4i3.4763.
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According to the American Institute of CPAs, over 58% of new accounting graduates hired by CPA firms join those with fewer than 50 professional staff members, and over 38% join CPA firms with fewer than 10 professional staff members [AICPA, 2005]. Many of these regional and local firms provide accounting services to small business clients, whose accounting needs can differ significantly from those of larger organizations that are the primary focus of most textbooks. Exposure to the unique requirements of smaller businesses can improve the ability of new staff accountants to serve these entities accurately and efficiently, thereby reducing budget overruns and client complaints. This case study, which is based on 15 years of accounting and consulting experience, provides a unique experience in that it emphasizes the source documents, transactions and unique accounting needs of small businesses. It has been classroom-tested for accuracy and ease of use, and is suitable for principles, systems and first intermediate courses in accounting.
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Empson, Laura. "Merging Professional Service Firms." Business Strategy Review 11, no. 2 (June 2000): 39–46. http://dx.doi.org/10.1111/1467-8616.00136.
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Belal, Ataur, Crawford Spence, Chris Carter, and Jingqi Zhu. "The Big 4 in Bangladesh: caught between the global and the local." Accounting, Auditing & Accountability Journal 30, no. 1 (January 16, 2017): 145–63. http://dx.doi.org/10.1108/aaaj-10-2014-1840.
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Purpose The purpose of this paper is to explore the work practices of Big 4 firms in Bangladesh with the aim of exploring the extent to which global professional service firms (GPSFs) can be thought of as being genuinely “global”. Design/methodology/approach Interviews were undertaken with the vast majority of Big 4 partners in Bangladesh. These interviews explored a number of themes related to the professional service work context in Bangladesh and the relationship between local and global firms. Findings The central finding of this paper is that although the Big 4 have a long-established presence in Bangladesh, local societal factors heavily influence the realities of work for accountants there. In most cases the Big 4 firms establish correspondent firms (instead of full member firms) in Bangladesh and tend to offer restricted service lines. Additionally, the paper identifies professional, commercial and cultural barriers to greater Big 4 involvement in the local market. Conceptually, the chief contribution of this paper is to explore how the effects of globalizing capitalism and standardised “best practices” in global professional service work are mediated through the societal effects of Bangladeshi society, resulting in the Big 4 having only a tentative presence in the Bangladeshi market. Research limitations/implications The findings cast doubt on the extent to which self-styled GPSFs are truly “global” in nature. Future work examining the Big 4, or accounting more generally, in the context of globalization, would do well to pay greater attention to the experience of professionals in emerging markets. Originality/value Whilst there has been much work looking at accounting and accountants in the context of globalization, this work has tended to privilege “core” western empirical settings. Very little is known about professional service firms in “peripheral” emerging markets. Furthermore, this study extends the application of the system, society and dominance framework by mapping the interactions and dynamics of these three sources of influence in the setting of PSFs.
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Vago, Marta. "Multiple Roles in Serving Families in Business." Family Business Review 11, no. 3 (September 1998): 261–66. http://dx.doi.org/10.1111/j.1741-6248.1998.00261.x.
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When family business professionals serve family firms in more than one capacity, they begin to mirror the problems that cause conflict in business families. Fulfilling multiple professional roles started from necessity and became a tradition. The practice of “dual relationship” has gone unchallenged, even though it holds significant potential risk to the family enterprise. “Best practices” from corporate governance, together with established codes of conduct, provide guidelines for protecting both the quality and the integrity of professional input on which family firms rely. Better educated consumers and accountability to peers mean higher professional standards for meeting the needs of family enterprise.
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Lee, Chia-Chi. "Efficiency evaluation of accounting firm partnerships from the perspective of operating difficulties, strategies, and practices in Mainland China." Benchmarking: An International Journal 25, no. 8 (November 29, 2018): 2968–96. http://dx.doi.org/10.1108/bij-10-2017-0273.
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Purpose The purpose of this paper is to explore the operating efficiency of accounting firm partnerships. Design/methodology/approach An empirical analysis is performed with a three-stage research method: data envelopment analysis (DEA), univariate testing and regression analysis. Findings The results indicate that large firms are not necessarily the most efficient. Efficient accounting firms see an average 50 percent contribution from total practice revenues and a 50 percent contribution from the number of cases. The percentage of senior managers is higher for firms with poor operating efficiency than for firms with good operating efficiency. This implies that firms with poor operating efficiency have a higher expenditure in human capital. Both efficient and inefficient firms find intense market competition to be the main challenge, followed by the challenge of market recessions. Appropriate educational training should be provided to upgrade the professional expertise and competency of staff. Response to peer competition and assistance to local accountant practices are the main reasons for setting up practice in Mainland China. The main operating mode in Mainland China is bringing personnel from Taiwan. Originality/value Using DEA, univariate testing and regression analysis, this paper aims to help the operators of accounting firms in dealing with business difficulties, finding their own core competencies, and making up for their operating disadvantages. The findings can provide references to reviewing whether their human resource allocation is appropriate and which operational type should be adopted by the accounting firms. Hence, the accounting firms can formulate their future operational strategies.
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Huang, Shi-Ming, Cheng-Yuan Ku, Yuan-Te Chu, and Hsiang-Yuan Hsueh. "A Study of Value Factors for Adopting Information Technology in Professional Service Industry — A Demonstrative Case of Accounting Firms in Taiwan." Review of Pacific Basin Financial Markets and Policies 05, no. 04 (December 2002): 509–19. http://dx.doi.org/10.1142/s0219091502000882.
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With the popular adoption of information technology (IT), business models and types of services in industries are strongly influenced. Consider the professional service industries such as accounting firms, services are the main business activities in their daily job. These firms are now facing the critical issue on how to apply IT effectively and improve their service quality. The purpose of this paper is to provide a demonstrative analysis for the evaluation of valuable activities in professional service firms via "Value Shop" model. And then find the strategic benefits of IT invested with corresponding value activities by the case study of accounting firms in Taiwan. The findings indicate that IT investment is indeed helpful for activities in daily business activities in such firms, whether it is strategy-centric, managerial, or operational activities.
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Nudyah, Heryani Siti. "Pengaruh Profesionalisme dan Etika Profesi Terhadap Pertimbangan Tingkat Materialitas Dalam laporan Keuangan." Journal of Accounting, Finance, Taxation, and Auditing (JAFTA) 3, no. 2 (December 15, 2021): 189–204. http://dx.doi.org/10.28932/jafta.v3i2.3929.
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ABSTRACT
This study aims to determine how the influence of professionalism and professional ethics on the consideration of the level of materiality in financial statements in public accounting firms, especially in the provinces of Yogyakarta and Central Java.
This research is a survey research conducted on auditors who work in public accounting firms with a sampling technique by distributing questionnaires both in person and online. The number of questionnaires processed was 40 questionnaires, with details of 20 questionnaires from google form and 20 questionnaires from questionnaires. Data were analyzed using multiple linear regression analysis.
The data used in this study used primary data obtained from the questionnaire method given directly to the auditors of public accounting firms in Yogyakarta and also Central Java, namely Surakarta and Semarang.
The results of the study show that Professionalism and Professional Ethics affect the consideration of the level of materiality in the financial statements
Keywords: professionalism, professional ethics, materiality level considerations
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Vera-Mun˜oz, Sandra C., Joanna L. Ho, and Chee W. Chow. "Enhancing Knowledge Sharing in Public Accounting Firms." Accounting Horizons 20, no. 2 (June 1, 2006): 133–55. http://dx.doi.org/10.2308/acch.2006.20.2.133.
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The goal of this study is to advance understanding of factors that may enhance or hinder knowledge sharing in public accounting firms and, in the end, provide practical recommendations for the firms. Attention to this topic is warranted for two reasons. First, today's regulatory environment and new auditing standards have broadened and intensified pressures on CPA firms to enhance the quality, effectiveness, and efficiency of the audit process. Second, knowledge and expertise are unevenly distributed among the members of the audit team. Thus, knowledge sharing can help CPA firms in leveraging the skills, knowledge, and best practices of their professional staff. Against this background, CPA firms' ability to effectively deploy knowledgesharing activities is increasingly vital to their competitive advantage, including gaining tangible benefits in terms of time and cost reductions. We draw upon prior research in accounting, organizational learning, psychology, and knowledge management to examine the role of three factors–information technology, formal and informal interactions among auditors, and reward systems–in encouraging knowledge sharing. We develop recommendations for public accounting firms and suggest several directions for future research.
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Kang, Hyung Cheol, and Jaemin Kim. "Why do family firms switch between family CEOs and non-family professional CEO?" Review of Accounting and Finance 15, no. 1 (February 8, 2016): 45–64. http://dx.doi.org/10.1108/raf-03-2015-0032.
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Purpose – This study aims to examine whether a switching decision between a family CEO and a non-family professional CEO has a different effect on firm performance and what determines such a decision by family firms. Design/methodology/approach – This study uses multiple regressions, Probit and univariate analyses, based the sample of family-controlled Chaebol firms in Korea for the 11-year period from 2001 to 2011. Findings – Evidence found was consistent with the family entrenchment hypothesis: firms experiencing declining Q value are more likely to replace family CEOs with non-family CEOs, and that these firms, having switched to non-family CEOs, exhibit an improvement in firm performance as measured by the change in Q value. On the other hand, for those firms that replace non-family CEOs with family member CEOs, no evidence was found that the switching decision either decreases or increases firm performance. The results of Probit and univariate analyses suggest that firms switching to family CEOs tend to be larger, stock-exchange listed and more “central”, with more cash flow rights held by the controlling families and with relatively more equity holdings in the other affiliated firms of the same Chaebol group. In contrast, firms switching to non-family CEOs tend to be smaller, unlisted and less “central”, with less equity holdings in the other affiliated firms of the same Chaebol group. Originality/value – This study sheds light on the different value implications and determinants of a decision between “family CEO” and “non-family CEO”.
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Smith, Katherine T., L. Murphy Smith, and Topaz Prawito. "A Longitudinal Examination of Print Advertising by Professional Accounting Firms." Services Marketing Quarterly 36, no. 1 (January 2, 2015): 51–61. http://dx.doi.org/10.1080/15332969.2015.976522.
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Rista, Lucinda Amanda, and Erry Andhaniwati. "Auditor Sensitivity Factors in Public Accountant Offices in Surabaya." Journal of Economics, Business, and Government Challenges 2, no. 2 (October 31, 2019): 164–68. http://dx.doi.org/10.33005/ebgc.v2i2.91.
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This study aims to determine the effect of experience, ethical orientation, and commitment to the ethical sensitivity of auditors at public accounting firms in Surabaya. In implementing the code of ethics, an auditor is required to be sensitive in seeing problems that occur. Ethical sensitivity must be possessed by the auditor before making ethical decisions. This will determine the quality of the decisions taken by the auditor. Data was collected by distributing questionnaires to 43 public accounting firms in Surabaya, and only 21 public accounting firms were willing to accept the questionnaire. Based on the results of the t test, showed that a significant level of experience 0.023 <0.05, ethical orientation idealism 0.012 <0.05, ethical orientation relativism 0.000 <0.05, professional commitment 0.041 <0.05, organizational commitment 0.042 <0.05. The results of this study are the experience and ethical orientation of relativism has a negative effect on the ethical sensitivity of auditors at public accounting firms in Surabaya. The ethical orientation of idealism, professional commitment, and organizational commitment has a positive effect on sensitivity at the Public Accounting Firm in Surabaya.
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Osmani, Mohamad, Nitham Hindi, and Vishanth Weerakkody. "Incorporating Information Communication Technology Skills in Accounting Education." International Journal of Information and Communication Technology Education 16, no. 4 (October 2020): 100–110. http://dx.doi.org/10.4018/ijicte.2020100107.
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Information and communications technology (ICT) is widely utilized in the accounting profession and has transformed the accounting functions in business and the role of accountants. Acknowledging the significance of ICT skills in accounting education, many employers and professional associations are calling for integration of accounting curricula with ICT. Therefore, it is vital for potential accounting professionals to be equipped with the most current ICT skills pursued by employers. This study searches the current job market to capture a snapshot of the most in demand graduate skills, in particular, ICT skills. Furthermore, it also lists a number of software systems for accountancy solutions and their supplier firms.
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Bojanic, David. "Quality measurement in professional services firms." Services Marketing Quarterly 7, no. 2 (1991): 27–36. http://dx.doi.org/10.1080/15332969.1991.9985011.
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Gulbrandsen, Trygve. "Flexibility in Norwegian Family-Owned Enterprises." Family Business Review 18, no. 1 (March 2005): 57–76. http://dx.doi.org/10.1111/j.1741-6248.2005.00030.x.
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This article discusses whether family ownership affects a firm's adoption of flexible manpower and organization practices. The results presented in the article show that the important divide is not between family-owned and nonfamily businesses: family businesses with a professional top manager differ from nonfamily firms only as regards one of seven flexibility measures. More important is whether the owners choose to be in charge of the day-to-day running of the firm themselves (owner-management) or leave it to a professional manager. In owner-managed family businesses, five out of seven practices for increased flexibility prevail less frequently than in both family businesses with a professional manager and nonfamily firms. Owner-managers are, then, more skeptical of adopting new management principles and personnel policies than are professional managers.
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Yang, Yi-Fang, and Yahn-Shir Chen. "Quality moderates market competition: evidence of Taiwanese service industry." International Journal of Quality & Reliability Management 33, no. 9 (October 3, 2016): 1332–45. http://dx.doi.org/10.1108/ijqrm-08-2013-0133.
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Purpose The purpose of this paper is to examine the direct and interactive effects of audit service quality and audit market concentration on performance of public accounting firms in Taiwan. Design/methodology/approach Empirical data of this study come from registered public accounting firms in Taiwan, an industrial data. From the perspective of industrial economics and based on the structure-conduct-performance paradigm (Cowling and Waterson, 1976), this study use OLS to test the linear regression equation. Findings Empirical results indicate that both audit service quality and audit market concentration have positive effects on performance. The interaction terms between audit service quality and audit market concentration are positively related to performance. Practical implications This documents that human capital is the core resource in public accounting firms which could enhance performance through higher audit service quality under intense market competition. Specifically, facing increasingly competitive audit market, public accounting firms response to the hostile situation by employing auditors with higher educational level, more work experience, with professional licenses, and taking more continuing professional education. Originality/value Few previous researches consider the effects of either market concentration or audit service quality on firm performance. This study simultaneously examines the relation among audit service quality, audit market concentration, and performance of public accounting firms. With the results, this study contributes knowledge to human resource and quality management-related literatures.
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Duff, Angus. "Intellectual capital disclosure: evidence from UK accounting firms." Journal of Intellectual Capital 19, no. 4 (July 9, 2018): 768–86. http://dx.doi.org/10.1108/jic-06-2017-0079.
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Purpose The purpose of this paper is to examine the extent and quality of voluntary intellectual capital disclosures (ICD) by professional accounting firms (PAFs) in the UK. Design/methodology/approach The research method adopted for this study is content analysis considering the ICD in firms’ annual reports, corporate social responsibility reports, websites and recruitment materials. The sample for this research is based on 20 PAFs ranked by fee income. The paper employs institutional theory as its theoretical lens. Findings The findings of this paper show that ICDs vary across different forms of reports. The most frequently reported disclosure category is human capital, while the least reported category is internal capital. Monetary disclosures are most likely to relate to internal capital, while pictorial disclosures are most likely to relate to human capital. Research limitations/implications The sample size of the study is relatively small reflecting the extreme market concentration of accounting services in the UK and internationally. Future research can conduct a longitudinal study to capture the trend of reporting practices and consider narrative and discursive approaches to ICD. Originality/value No previous studies of intellectual capital (IC) disclosure have considered ICDs in professional service firms that are in themselves rich sources of human capital. Furthermore, the investigation uses a wide range of communications and assesses monetary, non-monetary, narrative and pictorial disclosures. This research extends both the IC disclosure and PAFs’ literatures.
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Ghio, Alessandro, and Roberto Verona. "Accounting Practitioners' Attitudes toward Accounting Harmonization: Adoption of IFRS for SMEs in Italy." Journal of International Accounting Research 17, no. 2 (June 1, 2018): 103–22. http://dx.doi.org/10.2308/jiar-52278.
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ABSTRACTThis paper explores the logics that drive the attitudes of certified accounting practitioners for small firms (CAs) toward new accounting standards. It then unravels the heterogeneity within the accounting profession surrounding the accounting harmonization process. Through analysis of an extensive survey of 1,268 Italian CAs and of ten interviews with presidents of local professional associations regarding an ongoing accounting harmonization project (i.e., the IFRS for SMEs), we first document the coexistence of competitive logics in driving CAs' attitudes toward the new accounting standards. Second, we demonstrate the role of social characteristics in fragmenting the community of accounting professionals, particularly in expressing heterogeneous views on the IFRS for SMEs. This paper contributes to the literature on the relation between the accounting profession and accounting harmonization by illustrating the multifaceted attitudes of CAs toward a project of accounting harmonization. The results are also informative to policy makers in understanding the adoption and implementation process of new accounting standards.
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Susomrith, Pattanee, Alan Coetzer, and Emmanuel Ampofo. "Training and development in small professional services firms." European Journal of Training and Development 43, no. 5/6 (July 1, 2019): 517–35. http://dx.doi.org/10.1108/ejtd-11-2018-0113.
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Purpose This paper aims to examine whether participation in training and development (T&D) events is associated with employees’ affective commitment and propensity to enact innovative behaviours in small professional services firms. The study also investigates associations between both attitudes towards T&D and policy and practice supportive of T&D and levels of participation in T&D events. Design/methodology/approach Data from 203 employees in small professional services firms employing 50 or fewer staff were analysed using regression analysis and PROCESS macro. Findings Only policy and practice supportive of T&D was associated with participation levels. Participation in T&D events was positively related to affective commitment. Furthermore, employees who participated in more T&D events were more likely to enact innovative behaviours, while affective commitment mediated the positive relationship between number of T&D events attended and innovative behaviours. Contrary to expectations, neither participation in just training nor participation in just development was associated with either attitudes or behaviours. Practical implications The findings have important implications for small firms which tend to rely on wholly work-based experiences for the development of employees’ knowledge and skills. Such an approach to learning for work may inadvertently shape a workforce that lacks commitment to the organisation and that has a diminished capacity for innovative behaviours. Originality/value There is limited research on how T&D affects attitudes and behaviours in small firms. Large and small firms are fundamentally different, thus findings from studies in large firms may not extend to small firms.
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Slåtten, Terje, Gudbrand Lien, and Göran Svensson. "The value of cultivating norms for market orientation in professional service firms." International Journal of Quality and Service Sciences 10, no. 3 (September 17, 2018): 316–30. http://dx.doi.org/10.1108/ijqss-09-2017-0086.
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Purpose This paper aims to center on the value of cultivating norms for market orientation (MO) in professional service firms (PSFs). Based on social capital theory, three variables for norm-based behavioral activities of MO were suggested, i.e. leadership support (LS), relationship learning in teams (RLT) and collective engagement (CE). Moreover, three variables were suggested as performance outcomes of norm-based behavioral activities of MO, i.e. employee commitment (EC), service quality provision (SQP) and two dimensions of a firm’s innovative capability (exploratory [EXPLOR] and exploitative innovation [EXPLOIT]). Design/methodology/approach Using a survey, a conceptual model was developed and empirically tested. All participants were employed in consultancy firms representing the population of PSFs. Findings The findings reveal that RLT, LS and employee CE are particularly suitable in forming norm-based behavioral activities of MO for PSFs. Moreover, the findings reveal that the two dimensions of a firm’s innovative capability (EXPLOR and EXPLOIT) provide strong performance outcomes for norm-based behavioral activities of MO. Moreover, the results also reveal that norm-based behavioral activities of MO for PSFs influenced both EC and SQP. Originality/value Using social capital theory, the study contributes to identifying both forming variables and performance outcomes centered on norm-based behavioral activities of MO for PSFs.
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Stewart, Alex, and Michael A. Hitt. "Why Can’t a Family Business Be More Like a Nonfamily Business?" Family Business Review 25, no. 1 (September 26, 2011): 58–86. http://dx.doi.org/10.1177/0894486511421665.
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The authors survey arguments that family firms should behave more like nonfamily firms and “professionalize.” Despite the apparent advantages of this transition, many family firms fail to do so or do so only partially. The authors reflect on why this might be so, and the range of possible modes of professionalization. They derive six ideal types: (a) minimally professional family firms; (b) wealth dispensing, private family firms; (c) entrepreneurially operated family firms; (d) entrepreneurial family business groups; (e) pseudoprofessional, public family firms; and (f) hybrid professional family firms. The authors conclude with suggestions for further research that is attentive to such variation.
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Renaldi, Renaldi, and Rizal Mawardi. "Kompetensi Auditor, Independensi, Skeptisme Profesional dan Kualitas Audit." Akuntabilitas 14, no. 2 (October 29, 2021): 153–68. http://dx.doi.org/10.15408/akt.v14i2.22028.
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The emergence of several cases that befell well-known Public Accounting Firms in Indonesia makes researchers want to test so that the purpose of this study is to determine the effect of auditor competence, auditor independence, and professional skepticism on audit quality. This study uses a survey method with a questionnaire. The sample in this study is an auditor who works at a Public Accounting Firm in South Jakarta. The sampling technique used was random sampling method. The sample of this research was conducted in 10 Public Accounting Firms with 77 auditors as respondents. The results of this study indicate that auditor competence, auditor independence, and professional skepticism have a positive effect on audit quality. This result implies that it is important for an auditor to have adequate competence, independent attitude and professional skepticism while carrying out audit engagements.How to Cite:Renaldi., & Mawardi, R. (2021). Kompetensi Auditor, Independensi, Skeptisme Profesional dan Kualitas Audit. Akuntabilitas: Jurnal Ilmu Akuntansi, 14(2), 153-168.
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Shahid, Ahmad Usman, Hafiza Sobia Tufail, Jawad Shahid, and Aimen Ismail. "Antecedents and consequences of perceived job security of professional accountants." Asian Review of Accounting 29, no. 5 (October 8, 2021): 601–16. http://dx.doi.org/10.1108/ara-09-2020-0146.
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PurposeThe purpose of this study is to develop and empirically test a theoretical model of antecedents and consequences of perceived job security of professional accountants. This study contributes to the literature by examining the mediating role of perceived job security between the reward management system and the ethical job performance of professional accountants.Design/methodology/approachA survey was used to collect responses from professional accountants at small- and medium-tier accounting firms in Pakistan. Of the total 313 circulated research instruments, 270 were completed producing a response rate of 86%. The hypotheses were tested by performing structural equation modeling, confirmatory factor analysis and correlation using SPSS 24 and AMOS 25.FindingsFindings specify that the perceived job security of professional accountants partially and fully mediates the relationship between their ethical job performance and intrinsic and rewards, respectively. Additionally, reward management systems including intrinsic and extrinsic rewards have a significant impact on the ethical job performance of professional accountants.Practical implicationsThe findings of this study may have significant implications for researchers for examining the subjects' perceived job security in enhancing the overall performance of the firms. The findings may also benefit domestic and international accounting firms for recognizing the importance of rewards and job security for enhancing the ethical performance of accountants.Originality/valueThis study is the first to provide empirical evidence for the importance of perceived job security for professional accountants in Pakistan. The current research also provides sharper insights into establishing the direct impact of both extrinsic and intrinsic rewards on professional accountants' ethical job performance.
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Dirsmith, Mark W., Mark A. Covaleski, and Sajay Samuel. "On Being Professional in the 21st Century: An Empirically Informed Essay." AUDITING: A Journal of Practice & Theory 34, no. 2 (January 1, 2014): 167–200. http://dx.doi.org/10.2308/ajpt-50698.
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SUMMARY The purpose of this article is to reflect on the ongoing transformation of the Big 8/6/5/4 public accounting firms, with the intent of helping primarily doctoral students and junior faculty engaged in developing their own research programs. Drawing on a variety of theoretical research traditions that we have employed in our field research spanning over 30 years, we will briefly reconsider three “moments” through which the phenomenon of the multi-discipline (or, as termed in the sociology of professions literature, the “entrepreneurial”) professional service firm has shaped both accounting firms and accountants: Moment I, in which administrative partners implemented centrally orchestrated control systems to better direct the actions of audit team members, and the response of the latter to resist, deflect, and transform such efforts; Moment II, in which the profession attempted to rebrand itself as a professional service delivery system that could offer “higher platforms of service” to a global business community, in a legal and political context shaped by regulators, U.S. presidential and congressional politicians, the lay membership of the American Institute of Certified Public Accountants (AICPA), and such laws as the Sarbanes-Oxley Act; and Moment III, in which the concept of professional entrepreneurialism became internalized within and acted upon by both individual professionals and firms, although in a manner not wholly controlled by administrative partners nor practice partners. Impressions gleaned from this reflective exercise are explored, and implications for researchers who may be contemplating field research using qualitative methods are sketched.
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Iskandar, Melody, and Stefani Lily Indarto. "Interaksi Indepedensi, Pengalaman, Pengetahuan, Due Professional Care, Akuntabilitas dan Kepuasan Kerja Terhadap Kualitas Audit." Jurnal Ekonomi dan Bisnis 18, no. 2 (June 18, 2016): 1. http://dx.doi.org/10.24914/jeb.v18i2.257.
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<em>This study aims to determine whether job satisfaction influences the relationship between the independence, experience, knowledge, due care professionals, and accountability on audit quality among auditor who worked at public accounting firms in Semarang. The examination results should be able to present accountability and assessment toward fairness of the financial statements, as well as the appropriateness of the financial information with the criteria or rules that have been set. The auditor is expected to carry out the audit properly and resolve any audit process steps, and considering the sufficient audit evidence discovered to ensure the audit quality. The population comprises auditors who work at public accountant firms in Semarang. This research uses 45 auditors as samples. The data is processed using multiple regressions to analyze the relationship between the dependent and independent variables. The results of this study indicate that job satisfaction affects only the relationship between independency and accountability on audit quality. While job satisfaction does not affect the relationship between the due professional care, experience and knowledge to audit quality.</em>
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Litt, Barri, Vikram Desai, and Renu Desai. "Incumbent audit firm pricing: a response to entry of the Big Four accounting firms in India." Journal of Accounting in Emerging Economies 5, no. 4 (November 2, 2015): 382–94. http://dx.doi.org/10.1108/jaee-05-2013-0021.
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Purpose – The purpose of this paper is to explore the audit price reactions of local accounting firms to the entry of the Big Four accounting firms into the Indian audit market, providing unique insight into emerging market dynamics. Design/methodology/approach – Using financial data from Indian audit clients for a ten-year period from 1996 to 2005, the authors conduct a multivariate regression analysis based on extant audit fee literature. Findings – This study finds evidence of a price-cutting strategy on behalf of the local incumbent accounting firms in response to the entry of the Big Four firms. It also shows small-sized incumbent firms to cut prices more drastically relative to medium-sized incumbent firms. Originality/value – This study provides empirical insight into the pricing dynamics of professional services in an emerging market setting. Such insight is increasingly important in our evermore globalized economy where emerging markets are frequently the targets of expansion.
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Schiff, Jonathan B., and Charles J. Penino. "The Emerging Authority Of Statements On Management Accounting." Journal of Applied Business Research (JABR) 7, no. 1 (October 20, 2011): 87. http://dx.doi.org/10.19030/jabr.v7i1.6264.
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Armco Inc. v. Comr. demonstrated that the accounting profession needs a source of authoritative guidance in management accounting. Statements on Management Accounting (SMA) offer consensus guidelines and definitions established and approved by a diverse group of accounting professionals and other members of the business community. SMAs provide a source of guidance that can outweigh other accounting literature that generally represents just one or two authors, or even an accounting firms, opinion. It is imperative for the accounting profession to continue to develop detailed guidance for accounting and reporting practice. If we dont, the judicial system may fill this gap. This article has summarized a recent tax case involving a very specific definition of direct materials. The future role of the SMA series in similar circumstances is bright, give the need for guidance and the growing awareness of this important professional promulgated.