nep-acc New Economics Papers
on Accounting and Auditing
Issue of 2022‒07‒18
four papers chosen by

  1. Afterword: Audit Society 2.0? By Power, Michael
  2. Evolution of fiscal systems: Convergence or divergence? By Paloma Péligry; Xavier Ragot
  3. Cost-Benefit Analysis of Tax Incentives in Serbia By Glenn P. Jenkins; Owotomiwa C. Olubamiro; Mikhail Miklyaev
  4. The Effect of Intellectual, Emotional, and Spiritual Intelligence on the Ethical Behavior of Accounting Students By Yuniar, Rachma Etika Dwi; Sayidah, Nur

  1. By: Power, Michael
    Abstract: Purpose: The purpose of this study is to briefly reflect on the continuing relevance of the arguments of “The Audit Society” thesis after 25 years and to consider whether they need to be adapted in the face of advances in digitization. Design/Methodology/approach: This essay develops a series of critical reflections on the main arguments in “The Audit Society” (Oxford University Press, 1997). Findings: There is a need for critical accounting and management research to explore how audit society themes require adjustment in the face of “surveillance capitalism” and how the boundaries between accounting, security and surveillance are becoming blurred. Originality/value: This essay is a personal and self-critical account of the genesis of The Audit Society thesis which looks forward to how this thesis can develop. It also offers a defence of the value of books in enabling the travelling of ideas across fields.
    Keywords: audit trail; digitization; surveillance capitalism; The Audit Society
    JEL: M40
    Date: 2022–04–27
  2. By: Paloma Péligry (CEPS - Centre d'Economie de l'ENS Paris-Saclay - Université Paris-Saclay - ENS Paris Saclay - Ecole Normale Supérieure Paris-Saclay); Xavier Ragot (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique, OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po, CNRS - Centre National de la Recherche Scientifique)
    Abstract: The purpose of this article is to analyze, more than ten years after the financial crisis of 2007, the convergence or divergence of the diversity of capitalism, focusing on the fiscal systems. Studying 29 countries, we first analyse the evolution of the taxation of households, firms, labour, consumption and capital. Then we use recent statistical method to indentify three types of fiscal systems: liberal, intermediate, and social-democratic, which can be ranked in ascending order of tax rates, confirming known typologies in the diversity of capitalism literature. The first result of this analysis is that only the tax rate on corporate profits shows signs of downward convergence over the period. The other tax rates, on labour or capital tax on households, show rather signs of divergence. Second, we show the divergence of the liberal and social-democratic group over the period. The European countries are converging towards the social-democratic model, with the exception of Great Britain, which is moving towards the liberal model over the period. Hence, the analysis shows that the divergence of fiscal systems is compatible with the convergence of certain taxes on the most mobile factors during a strong period of trade internationalization. Thus, the financial crisis does not seem to contribute to the convergence, but to the divergence of fiscal systems.
    Keywords: fiscal systems,globalization,capital taxation
    Date: 2022–02–03
  3. By: Glenn P. Jenkins (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.); Owotomiwa C. Olubamiro (Cambridge Resources International Inc.); Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)
    Abstract: Serbia has introduced several tax incentives into its corporate income tax system to promote research and development, employment, and the provision of equity financing of innovative enterprises. This report contains an analysis of five of these tax incentives. This study will serve as an input to the tax policy discussions toward improving Serbia's tax system and an analytical framework for evaluating alternative tax policy proposals. It employs a cost-benefit analysis (CBA) to evaluate these tax incentives. The justification of the tax incentive depends on the impact they are expected to have on the return to the investment in the R&D firm.
    Keywords: Cost-Benefit Analysis, Personal Income Tax, Tax Compliance, Tax Policy, Tax Intensive, Serbia
    JEL: D61 H21 H24 H26
    Date: 2022–04–26
  4. By: Yuniar, Rachma Etika Dwi; Sayidah, Nur
    Abstract: This research aims to analyze and prove the factors that influence the Ethical Behavior of Accounting Students, namely Intellectual Intelligence, Emotional Intelligence, and Spiritual Intelligence. We collect data using a questionnaire with the purposive sampling method. The population in this study were accounting students from three universities, including Dr. University. Soetomo, Bhayangkara University, Narotama University. The data analysis used in this study is a multiple linear regression model. The results show that: (1) Intellectual Intelligence has a significant positive effect on the Ethical Behavior of Accounting Students; (2) Emotional Intelligence has significant a positive effect on the Ethical Behavior of Accounting Students; (3) Spiritual Intelligence has a significant adverse effect on the Ethical Behavior of Accounting Students.
    Date: 2022–05–19

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