Academy of Accounting and Financial Studies Journal

A double blind, refereed journal which publishes theoretical and empirical manuscripts in accounting and finance. It's primary objective is to expand the boundaries of the literature by supporting the exchange of ideas and insights which further the understanding of accounting and finance.

Articles from Vol. 16, No. 2, 2012

Do External Financial Statement Auditors Sufficiently Adjust Their Audit Plans for Automated-Control Deficiencies?
ABSTRACTShelton (1999) found that experience, based on rank, mitigates the influence of less-than-diagnostic evidence in going concern assessments. But, numerous studies (e.g., Abdolmohammadi and Wright 1987) question the external validity of studies...
Extensible Business Reporting Language for Financial Reporting (Xbrl Fr) and Financial Analysts' Activity: Early Evidence
ABSTRACTOn January 30, 2009, the United States Securities and Exchange Commission (US SEC) adopted rules that require firms to provide to the Commission financial statements in XBRL format, as well as posting to its website should a firm maintain one....
Lessons for the Tarp Warrants from 1983 Chrysler Auction
ABSTRACTThe U.S. Treasury began auctioning its warrant holdings in December 2009. Nevertheless, this was not the first large auction of warrants. The U.S. Treasury auctioned its holdings of warrants from the bailout of Chrysler Motors in 1983. That warrant...
Stock Splits and Their Effect on Share Prices: A Study of Firms Listed on the Nairobi Stock Exchange (Nse)
ABSTRACTThe purpose of this research was to determine whether a stock split announcement hadan impact on the related stock price with specific reference to companies listed at the Nairobi Stock Exchange. The specific objectives were to determine motivation...
The Impact of Sarbanes-Oxley Act on Foreign Registrant Cross-Listing
ABSTRACTThe authors examine the impacts of the Sarbanes-Oxley Act (SOX) on firm performance among cross-listed foreign registrants in US stock markets in terms of board size, board independence, and disclosure transparency. Multivariate regression analyses...
The Preservation of the Insured Defined Benefit Pension Program
ABSTRACTOver the past twenty-five years, a downward trend in the number of insured defined benefit pension plans has surfaced despite efforts by governing bodies such as the U.S. Congress, the Pension Benefit Guaranty Corporation, and the Financial Accounting...