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on Accounting and Auditing |
| By: | Dermarkar, Simon (HEC Montreal); Baudot, Lisa (HEC Paris); Hazgui, Mouna (HEC Montreal) |
| Abstract: | Current entrants to the accounting profession confront the increasing influences of digitalization on the profession, yet how these entrants perceive such trends is little understood. Based on 42 interviews with final-year accounting students at a North American university, this study delves into the perceptions and attitudes of future accountants toward the technological developments unfolding in the profession they aspire to join. Our findings hold significance for accounting practitioners and educators, shedding light on students’ awareness of the technological shifts in the profession and their enthusiasm for these changes. Despite expressing concerns about their accounting education and professional training, the prospective accountants in our study exhibit self-efficacy beliefs in their technological skills. They see technology playing a pivotal role in making accounting a more appealing specialization, emphasizing value-added tasks. By examining prospective accountants’ underlying views on the profession amidst digital transformation, our study offers valuable insights that could be leveraged to enhance interest and retention in the accounting field. |
| Keywords: | Accounting profession; accounting education; technologies; generation Z; self-efficacy; technologies; self-efficacy; Accounting Education; Generation Z |
| JEL: | M41 |
| Date: | 2024–02–29 |
| URL: | https://d.repec.org/n?u=RePEc:ebg:heccah:1508 |
| By: | David R. Agrawal; Laura V. Zimmermann |
| Abstract: | This paper studies the effects of transitioning from a system of sales taxes to a value-added tax (VAT) on firm-level outcomes. We construct a dataset of product- and state-specific tax rates before and after India gradually switched from a sales tax to a VAT. Exploiting staggered state-level adoptions, we first show that following the transition, effective tax rates declined substantially and complexity as measured by various proxies generally also fell. We then show that sales increased by 57% in the medium run. The reform resulted in increased earnings for workers and higher amounts of capital and digital accounting. |
| Keywords: | value added tax, sales tax, production efficiency, firms |
| JEL: | H21 H25 H26 H71 O17 O23 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11469 |
| By: | Macve, Richard |
| Abstract: | I review how my work on accounting history has been made possible through collaboration with experts in various fields. |
| Keywords: | accounting; researching; publishing; history; interdisciplinary collaboration |
| JEL: | M40 |
| Date: | 2024–11–08 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:125869 |
| By: | Okeke, Clement |
| Abstract: | Financial reporting quality is very important in the consumer goods sector in Nigeria as it guarantees transparency, accountability, and investors’ confidence. Meanwhile, the high-profile scandals that resulted in the loss of multiple investments at the beginning of the 21st century linked to lapses in financial reporting quality have continued to cast doubts in the minds of investors about the reliability of financial reports that are churned out by financial experts in all the sectors including the consumer goods sector. Some scholars have reviewed different variables that impact the quality of financial reporting such as a review of the effect of board characteristics on the financial reporting quality of firms, a review of corporate governance on the quality of financial reports, and so on. However, there is a need to carry out more of such investigations in a sector such as the consumer goods industry due to its vital role in the economic development of any nation. This paper therefore examined the relationship between Board Specific Attributes and Financial Reporting Quality of Listed Consumer Goods Firms in Nigeria. The study used an ex post facto research approach and secondary data were retrieved from the annual financial reports of selected consumer goods firms in Nigeria for eleven years from 2013-2023. STATA 13 was used to carry out correlation and regression analysis of the effects of relevant variables. The study confirmed that board size had a significantly negative effect on the financial reporting quality of listed consumer goods firms in Nigeria. The study also found that board independence and board diversity had negative and insignificant effects on the financial reporting quality of the listed consumer goods firms. The study therefore recommended that consumer goods firms need to reduce the number of non-executive directors on the board to minimize management costs. The study also encourages the firms to have a good mix of experience, gender balance, and independence in the boards’ configurations. |
| Keywords: | Board Specific Attributes, Board Independence, Board Diversity, Board Size, and Financial Reporting Quality |
| JEL: | G3 G32 M40 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:121823 |
| By: | Pflueger, Dane (HEC Paris); Mouritsen, Jan (Copenhagen Business School) |
| Abstract: | Analysts in venture capital (VC) organizations are important mediators in the entrepreneurial economy, operating as both 'scouts' and 'coaches' of early-stage ventures. Research shows that these analysts invest heavily in collecting and scrutinizing accounting and a wide range of other information at all stages of their work. However, we lack an integrative theorization of how, in the presence of fundamental or 'Knightian' uncertainty, analysts effectively use this information. We explore this topic through interviews with VC analysts and project makers operating in Denmark in 2009 and 2010. Drawing on and extending the work of Viviana Zelizer, we show, firstly, how the multiple, different uses of accounting and other information function in relation to each other and the communication and transformation of social relations. Each stage of analyst work involves a double movement in which economic media is differentiated and the relationships between analysts and project makers and their ventures are created, negotiated, maintained, and changed. Secondly, we show how this double movement provides an indirect and 'ontological' mode of handling situations of uncertainty in which accounting information adds matter and form to the new business venture. We conclude by exploring opportunities for further applications of relational work in accounting research. |
| Keywords: | venture capital; uncertainty; accounting information; relational work; analyst |
| JEL: | M41 |
| Date: | 2024–08–13 |
| URL: | https://d.repec.org/n?u=RePEc:ebg:heccah:1528 |
| By: | Håkan Selin |
| Abstract: | In a dual income tax (DIT) system, labor income is taxed progressively, while capital income is subject to a lower proportional tax. DIT systems were introduced in Sweden, Norway, and Finland in the early 1990s. In the absence of rules restricting capital income distributions, owners of closely-held corporations would easily be able to circumvent the progressive tax on earned income by withdrawing an appropriate amount of dividends instead of wages. The Nordic countries adopted very different income splitting models, with immediate implications for the tax treatment of dividends. In this article I first review the principles of the income splitting rules of Sweden, Norway, and Finland. I then discuss some of the trade-offs involved in the design of such rules. |
| Keywords: | income taxation, Nordic comparison, dividend taxation |
| JEL: | H32 G35 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11491 |
| By: | Syed Mainul Ahsan; Syed M. Ahsan |
| Abstract: | This paper, originally designed to focus on discovering a suitable tax structure that befits an aspiring LMIE as it advances toward the UMIE status. On reflection, it becomes evident that it is hard to meaningfully deliberate on the composition of taxes without focussing in equal measure on the issue of the size of tax revenue at stake, namely the tax effort. The transition to UMIE must embrace public’s demand for a healthcare system fully in compliance with the WHO criteria of UHC, for quality human capital, and for both a physical and IT infrastructure consistent with faster growth over the next decade or so. We explore the probable causes of low revenue effort and an unchanged structure of taxes and their persistence over the recent decades. Finally, we delve into the issues of fundamental reforms of the tax system as well as of the softer aspects of tax reform, namely that of tax administration, evasion and compliance. |
| Keywords: | tax structure, taxable capacity, tax handles, tax compliance, tax evasion, informal economy, inheritance and property taxation |
| JEL: | B12 H21 H22 H24 H25 H26 H27 H55 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11484 |