Current Search: Auditing (x)
-
-
Title
-
Regulation and the Auditing Profession.
-
Creator
-
Lubimov, Alexei, Trompeter, Gregory, Roberts, Robin, Robb, Sean, Soo, Billy, University of Central Florida
-
Abstract / Description
-
The dissertation consists of three studies examining three different regulatory issues that affect the auditing profession. The first study has two main foci. First, the study investigates the impact of Sarbanes-Oxley Act (SOX) on the Big 4 fee premium. Second, the study investigates the relationship between the size of an audit client and annual fee change. The results show that in the post-SOX environment, clients of non-Big 4 firms have experienced greater increases in audit fees than the...
Show moreThe dissertation consists of three studies examining three different regulatory issues that affect the auditing profession. The first study has two main foci. First, the study investigates the impact of Sarbanes-Oxley Act (SOX) on the Big 4 fee premium. Second, the study investigates the relationship between the size of an audit client and annual fee change. The results show that in the post-SOX environment, clients of non-Big 4 firms have experienced greater increases in audit fees than the clients of the Big 4 firms, resulting in a diminishing Big 4 premium. This is consistent with the notion that non-Big 4 clients had to make significant adjustments to meet post-SOX quality requirements by increasing their effort (and consequently audit fees). The results also show audit firms' large clients experience the largest percentage increase in audit fees. This is consistent with the theoretical view of consumer surplus, where the large clients, with more resources, have greater levels of consumer surplus, which is being captured by the audit firms. The study contributes to our understanding of the impact of SOX on audit fee premium and the economics of audit market competition in different client segments. The second study is focused on three main areas: 1) the relationship between audit fees and audit market concentration on a country level; 2) the effect of a country's litigation regime on the relationship between audit fees and market concentration and 3) the inter-relations between competition, fees, and quality in the market for audit services. The study is motivated by the current debate in the United States and the European Union about the possible problems associated with the current oligopolistic structure of the audit market. The contribution of this study lies in the fact that it provides a multi-national empirical investigation of the audit competition-fee relationship, and examination of how country-level fees affect the competition-quality relationship, while controlling for country level factors. Results show a negative relationship between country-level market concentration and audit fees but only in highly litigious countries, suggesting that the firms are able to obtain economies of scale in more concentrated markets and are willing to pass savings down to their clients. However this relationship only holds for the clients of the Big N firms. Analysis of audit quality suggests that audit quality is higher in more concentrated markets but mediation analysis did not show that the fees mediate the relationship between audit quality and market concentration. The third study addresses current regulatory debate about the responsibility of the principal auditor in the group audit environment. Current United States standards allow the principal auditor to disavow responsibility for parts of the audit which were performed by a third party auditor by referencing them in the auditor's opinion and then indicating the part of the audit which was performed by them. This disclaimer of responsibility is prohibited under the international auditing standards, which require the principal auditor to be responsible for the entire group audit. Specifically, this study examines 1) audit quality implications related to such opinions, and 2) the relationship between having a shared opinion and audit fees. The results show that the audit quality is significantly lower for the firms whose audit opinion referenced a third party auditor. The results also provide some evidence that audit fees are lower in shared responsibility situations.
Show less
-
Date Issued
-
2013
-
Identifier
-
CFE0004882, ucf:49650
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0004882
-
-
Title
-
CHANGE IN THE INDIAN ACCOUNTING PROFESSION: THREE STUDIES RELATED TO THE ENTRY OF THE BIG FOUR ACCOUNTING FIRMS IN INDIA.
-
Creator
-
Desai, Vikram, Roberts, Robin, University of Central Florida
-
Abstract / Description
-
This dissertation focuses on the globalization of audit markets. In particular, this dissertation is studying the entry of the Big Four accounting firms into India post-economic and political reforms of the early 1990s. The dissertation is comprised of three separate, but related studies. Each study appeals to prior research in accounting and related disciplines to examine the entry of the Big Four accounting firms in India. The first study appeals to audit market and economic research on...
Show moreThis dissertation focuses on the globalization of audit markets. In particular, this dissertation is studying the entry of the Big Four accounting firms into India post-economic and political reforms of the early 1990s. The dissertation is comprised of three separate, but related studies. Each study appeals to prior research in accounting and related disciplines to examine the entry of the Big Four accounting firms in India. The first study appeals to audit market and economic research on incumbent pricing to examine ways in which local accounting firms in India adapted to the competition introduced by the Big Four accounting firms. The second study is an account of the change in the organizational field of the Indian accounting profession caused by the entry of the multinational accounting firms from 1990 to 2005 from a social constructionist perspective using the model of nonisomorphic change. The third study examines the change in the Indian accounting profession from 1990 to 2005 caused by the entry of the Big Four accounting firms in India from a critical perspective. It appeals to the theories of globalization to examine the change. Taken together, these studies attempt to provide the Big Four accounting firms useful information about the pricing strategies likely to be faced by them from local accounting firms in a new market, provide insights into the multiple roles played by professional associations in the process of radical change in the organizational field, and emphasize that globalization of accounting markets has not been accompanied by a level playing field for the local accounting profession in the globalized markets.
Show less
-
Date Issued
-
2007
-
Identifier
-
CFE0001858, ucf:47412
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0001858
-
-
Title
-
Under-Researched Areas of Audit Quality: Inputs, Firms, and Institutions.
-
Creator
-
Eutsler, Jared, Trompeter, Gregory, Roberts, Robin, Robb, Sean, Krishnamoorthy, Ganesh, University of Central Florida
-
Abstract / Description
-
Francis (2011) lists three under-researched units of analysis that affect audit quality: inputs, firms, and institutions. This dissertation analyzes how each of these units of analysis contributes to audit quality. Study 1 examines audit inputs, specifically, characteristics of the individual auditor that affect professional skepticism. Study 2 examines how firm staffing decisions affect audit quality. Study 3 examines how the Public Company Accounting Oversight Board ((")PCAOB(")), as a...
Show moreFrancis (2011) lists three under-researched units of analysis that affect audit quality: inputs, firms, and institutions. This dissertation analyzes how each of these units of analysis contributes to audit quality. Study 1 examines audit inputs, specifically, characteristics of the individual auditor that affect professional skepticism. Study 2 examines how firm staffing decisions affect audit quality. Study 3 examines how the Public Company Accounting Oversight Board ((")PCAOB(")), as a regulatory institution, promotes audit quality through their risk-based inspection program. The first study reports the results of two experiments that examine professional skepticism as a function of moral agency. Consistent with the theory of moral disengagement (through moral agency), the results suggest that common audit firm human resource practices used to promote audit quality (i.e. hiring creative individuals, and advertising public accounting's role as protecting the capital markets) may unintentionally decrease professional skepticism through increasing moral disengagement. Results of Experiment 1 demonstrate creative auditors are more skeptical. However, they are also more prone to engage in less skeptical behavior as they fabricate more creative moral justifications (a specific method of moral disengagement) when working under time pressure. Further, Experiment 2 suggests that moral disengagement is increased when firms frame their public interest responsibilities as protecting the 'capital markets.' The use of this label unintentionally dehumanizes the individuals that make up the public, and as a result, it decreases professional skepticism. Alternatively, altering the frame of the public interest responsibilities to protecting individuals (such as more familiar individual investors) increases humanization and increases professional skepticism. The second study examines how firms affect audit quality. Audit regulators view audit firm staffing as key input affecting audit quality and have suggested that it has value as a potential indicator of audit quality. Further, regulators (such as the IAASB) have called for audit firms to avoid cutting staff (including in periods of economic contraction), as reductions in staff could have a negative impact on audit quality. However, little empirical evidence exists to support how firm-level staffing maps into engagement-level audit quality. This study evaluates the extent to which firm-level staffing affects audit quality. Audit firm employment is obtained from the 1991-2014 rankings of the top 100 U.S. public accounting firms and analyzed across multiple measures of audit quality. In multivariate tests, firm staffing (such as number of partners) and firm leverage (as measured by total partners divided by total professional staff) are associated with audit quality. This analysis provides support for claims made by regulators, about the value of potential labor related audit quality indicators proposed by the PCAOB. Further, decreases in partners or staff (from year to year) are negatively associated with audit quality supporting regulatory claims that audit firm staff cuts have a detrimental impact on audit quality. The third study examines the relationship between the PCAOB, as an institution, and audit quality. The PCAOB uses a risk-based selection process to identify engagements for inspection and states that their inspection findings are an indicator of audit quality. However, critics argue that the risk-based selection program produces reports that are not representative of the overall audit quality for the firm. This study creates a selection model, investigates the extent to which inspection findings are representative of overall firm audit quality, and examines the extent to which the inspection process may improve audit quality. Inspection reports of annually inspected firms from 2004 to 2012 are analyzed in combination with the financials of their issuer clients. Results suggest that inspection report findings can be generalized to the audit quality of those deficient accounts for the issuer client base exhibiting the highest levels of selection risk. Specifically, when audit firms have increased levels of revenue related to inspection deficiencies, their high selection risk clients have higher average discretionary revenues for the year inspected. Further, the analysis suggests that the PCAOB risk-based inspection process is effective in improving audit quality of deficient accounts for clients exhibiting the highest levels of selection risk in the subsequent year. The results indicate a negative association between prior levels of revenue specific inspection deficiencies and future levels of discretionary revenues for high selection risk clients.
Show less
-
Date Issued
-
2016
-
Identifier
-
CFE0006297, ucf:51590
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0006297
-
-
Title
-
UNDERSTANDING THE IMPLICATION OF BLOCKCHAIN TECHNOLOGY ON THE AUDIT PROFESSION.
-
Creator
-
Jackson, Brittany, Reinking, Jeff, University of Central Florida
-
Abstract / Description
-
The purpose of this research is to identify the implications of blockchain technology on the auditing profession. By conducting interviews with current professionals in the auditing profession, as well as those in academic with a background in auditing, primary data was collected to aggregate what potential effects will be on the auditing profession in the next five years and the next decade. The data includes assumptions of how the accounting major itself, the auditing planning phase,...
Show moreThe purpose of this research is to identify the implications of blockchain technology on the auditing profession. By conducting interviews with current professionals in the auditing profession, as well as those in academic with a background in auditing, primary data was collected to aggregate what potential effects will be on the auditing profession in the next five years and the next decade. The data includes assumptions of how the accounting major itself, the auditing planning phase, assumptions of risk, and audit completions will change with the developing technology. The goal of this research is a better understanding of how auditing will be affected by blockchain technology for students, current audit professionals, and those in academia. With the results, it was concluded that training of new and current employees will need to evolve with more emphasis on IT skills and analytical reasoning, blockchain's development is on a precipice of adoption within the next decade, and that there is a current gap regarding regulation of blockchain technology.
Show less
-
Date Issued
-
2018
-
Identifier
-
CFH2000421, ucf:45738
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFH2000421
-
-
Title
-
Blockchain-Driven Secure and Transparent Audit Logs.
-
Creator
-
Ahmad, Ashar, Mohaisen, David, Awad, Amro, Zhang, Wei, Posey, Clay, University of Central Florida
-
Abstract / Description
-
In enterprise business applications, large volumes of data are generated daily, encoding business logic and transactions. Those applications are governed by various compliance requirements, making it essential to provide audit logs to store, track, and attribute data changes. In traditional audit log systems, logs are collected and stored in a centralized medium, making them prone to various forms of attacks and manipulations, including physical access and remote vulnerability exploitation...
Show moreIn enterprise business applications, large volumes of data are generated daily, encoding business logic and transactions. Those applications are governed by various compliance requirements, making it essential to provide audit logs to store, track, and attribute data changes. In traditional audit log systems, logs are collected and stored in a centralized medium, making them prone to various forms of attacks and manipulations, including physical access and remote vulnerability exploitation attacks, and eventually allowing for unauthorized data modification, threatening the guarantees of audit logs. Moreover, such systems, and given their centralized nature, are characterized by a single point of failure. To harden the security of audit logs in enterprise business applications, in this work we explore the design space of blockchain-driven secure and transparent audit logs. We highlight the possibility of ensuring stronger security and functional properties by a generic blockchain system for audit logs, realize this generic design through BlockAudit, which addresses both security and functional requirements, optimize BlockAudit through multi-layered design in BlockTrail, and explore the design space further by assessing the functional and security properties the consensus algorithms through comprehensive evaluations. The first component of this work is BlockAudit, a design blueprint that enumerates structural, functional, and security requirements for blockchain-based audit logs. BlockAudit uses a consensus-driven approach to replicate audit logs across multiple application peers to prevent the single-point-of-failure. BlockAudit also uses the Practical Byzantine Fault Tolerance (PBFT) protocol to achieve consensus over the state of the audit log data. We evaluate the performance of BlockAudit using event-driven simulations, abstracted from IBM Hyperledger. Through the performance evaluation of BlockAudit, we pinpoint a need for high scalability and high throughput. We achieve those requirements by exploring various design optimizations to the flat structure of BlockAudit inspired by real-world application characteristics. Namely, enterprise business applications often operate across non-overlapping geographical hierarchies including cities, counties, states, and federations. Leveraging that, we applied a similar transformation to BlockAudit to fragment the flat blockchain system into layers of codependent hierarchies, capable of processing transactions in parallel. Our hierarchical design, called BlockTrail, reduced the storage and search complexity for blockchains substantially while increasing the throughput and scalability of the audit log system. We prototyped BlockTrail on a custom-built blockchain simulator and analyzed its performance under varying transactions and network sizes demonstrating its advantages over BlockAudit. A recurring limitation in both BlockAudit and BlockTrail is the use of the PBFT consensus protocol, which has high complexity and low scalability features. Moreover, the performance of our proposed designs was only evaluated in computer simulations, which sidestepped the complexities of the real-world blockchain system. To address those shortcomings, we created a generic cloud-based blockchain testbed capable of executing five well-known consensus algorithms including Proof-of-Work, Proof-of-Stake, Proof-of-Elapsed Time, Clique, and PBFT. For each consensus protocol, we instrumented our auditing system with various benchmarks to measure the latency, throughput, and scalability, highlighting the trade-off between the different protocols.
Show less
-
Date Issued
-
2019
-
Identifier
-
CFE0007773, ucf:52375
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0007773
-
-
Title
-
AN EXAMINATION OF THE FRAUDULENT FACTORS ASSOCIATED WITH CORPORATE FRAUD.
-
Creator
-
Zmuda, Ronald, Desai, Naman, University of Central Florida
-
Abstract / Description
-
Between the years 1998 and 2002, the United States suffered a time in which several large companies engaged in fraudulent behavior which eroded investor confidence in the stock market and to some extent destabilized the economy. Audits, which were conducted to assess the validity and reliability of a company's financial statements, were not detecting the material misstatements in the statements. As a result, both the US Government and the accounting profession needed to come up with a way to...
Show moreBetween the years 1998 and 2002, the United States suffered a time in which several large companies engaged in fraudulent behavior which eroded investor confidence in the stock market and to some extent destabilized the economy. Audits, which were conducted to assess the validity and reliability of a company's financial statements, were not detecting the material misstatements in the statements. As a result, both the US Government and the accounting profession needed to come up with a way to prevent these immense frauds from occurring in the future. As a response to these large frauds, in 2002, the US Government passed the Sarbanes - Oxley Act of 2002 (SOX) and the American Institute of Certified Public Accountants (AICPA) issued Statement on Auditing Standards No. 99(SAS No. 99) to improve investor confidence and the auditing function's ability to detect material frauds. The intent of this thesis was to look at the fraudulent factors associated with several recent corporate frauds and compare them to the standards set by SAS No. 99. Through the analysis conducted, this thesis looks at the relationships between pressures, opportunities, and rationalizations made during the act of fraud.
Show less
-
Date Issued
-
2011
-
Identifier
-
CFH0004084, ucf:44782
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFH0004084
-
-
Title
-
THE PUBLIC POLICY IMPLICATIONS OF AUDIT REGULATION: THREE STUDIES RELATED TO THE PASSAGE OF THE SARBANES-OXLEY ACT OF 2002.
-
Creator
-
Thornburg, Steven, Roberts, Robin, University of Central Florida
-
Abstract / Description
-
This dissertation documents and evaluates certain financial and non-financial strategies used by the public accounting profession to influence audit regulation during the policy formation period of the Sarbanes-Oxley Act of 2002 (SOX). The dissertation is comprised of three separate, but related studies. Each study uses prior research in accounting and related disciplines to investigate significant aspects the profession's strategies. The first study evaluates the rationality and...
Show moreThis dissertation documents and evaluates certain financial and non-financial strategies used by the public accounting profession to influence audit regulation during the policy formation period of the Sarbanes-Oxley Act of 2002 (SOX). The dissertation is comprised of three separate, but related studies. Each study uses prior research in accounting and related disciplines to investigate significant aspects the profession's strategies. The first study evaluates the rationality and effectiveness of political action committee (PAC) contributions paid by the accounting profession to members of Congress. The study finds that the accounting profession rationally allocated more PAC contributions to top congressional leaders and to members of committees having jurisdiction over SOX. The study also finds that the accounting profession allocated more PAC contributions to legislators with a history of pro-business roll call voting behavior and to candidates in close electoral races. This evidence suggests that the profession is motivated to contribute cash to legislators in order to gain access to lobby and to influence the ideological composition of the legislature. A voting model also finds a positive relationship in two instances between PAC contributions and roll call voting favorable to the economic interests of the profession in the House of Representatives. The second study evaluates the effect of these PAC contributions on Committee members' frequency and mode of speech during public hearings related to SOX. Using computerized computational linguistics, the study finds a significant positive association between PAC contributions and speech performance. The study also finds differential uses of modals and certain verbs between legislators depending upon party affiliation. The third paper explores the rhetoric of the accounting profession's public interest ideal and the profession's motivation to invoke public interest arguments in various contexts. I approach my analysis from three different perspectives. The first perspective analyzes the public interest language of the profession as well-intentioned rhetoric. The second approach eschews any well-intentioned motivations on behalf of the profession and casts public interest arguments as propaganda cloaking self-interested action. The third approach deconstructs the public interest ideal as myth, embodying a constellation of elements including cultural values, political doctrine and contingent interests.
Show less
-
Date Issued
-
2005
-
Identifier
-
CFE0000540, ucf:46425
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0000540
-
-
Title
-
THREE STUDIES INVESTIGATING THE LEGAL LIABILITY IMPLICATIONS OF THE SARBANES-OXLEY ACT OF 2002.
-
Creator
-
Phillips, Jillian, Arnold, Vicky, University of Central Florida
-
Abstract / Description
-
This dissertation examines the litigation and legal liability exposure of auditors related to the Sarbanes-Oxley Act of 2002 (SOX). Three separate studies were conducted to examine how auditorÃÂ's litigation exposure is evaluated by potential litigants (lawyers), and how auditor liability is evaluated by jurors, following the bankruptcy of a client. The first study examines whether the auditorÃÂ's SOX Section 404 reporting decisions influence...
Show moreThis dissertation examines the litigation and legal liability exposure of auditors related to the Sarbanes-Oxley Act of 2002 (SOX). Three separate studies were conducted to examine how auditorÃÂ's litigation exposure is evaluated by potential litigants (lawyers), and how auditor liability is evaluated by jurors, following the bankruptcy of a client. The first study examines whether the auditorÃÂ's SOX Section 404 reporting decisions influence lawyersÃÂ' assessments of their litigation exposure. The second study investigates whether voluntary disclosures of significant deficiencies in internal controls within the SOX Section 404 report, and the subjectivity of the internal control judgments made by the auditor, influence jurorsÃÂ' perceptions of auditor liability for negligence. The third study examines how the requirements of SOX Section 302 related to audit committee independence and audit committee expertise influence jurorsÃÂ' perceptions of auditor independence and auditor liability for negligence. Overall, these three studies provide insights on how different provisions of SOX, specifically the Section 404 report and audit committee requirements, influence the likelihood that auditors will be sued and the likelihood that they will be held liable by a jury.
Show less
-
Date Issued
-
2010
-
Identifier
-
CFE0003340, ucf:48480
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0003340
-
-
Title
-
Three Studies Examining the Potential for Relational Reasoning to Enhance Expertise in Complex Audit Domains.
-
Creator
-
Holt, Matthew, Sutton, Steven, Arnold, Vicky, Roberts, Robin, Dillard, Jesse, University of Central Florida
-
Abstract / Description
-
This dissertation consists of three studies that explore the potential for relational reasoning to advance research on the facilitation of expertise in complex audit domains. Study One seeks to explicate the potential that theory and methods from relational reasoning and associated research have to advance the audit expertise research stream. The implications for future research on facilitating auditing expertise are discussed in synchrony with future research questions, including whether or...
Show moreThis dissertation consists of three studies that explore the potential for relational reasoning to advance research on the facilitation of expertise in complex audit domains. Study One seeks to explicate the potential that theory and methods from relational reasoning and associated research have to advance the audit expertise research stream. The implications for future research on facilitating auditing expertise are discussed in synchrony with future research questions, including whether or not such strategies will be effective in domains with more than minor relational complexity. Studies Two and Three experimentally examine the use of metacognitive skills intended to enhance relational knowledge, which is considered to be a fundamental component of domain expertise. Study Two investigates the effects of alternate forms of prompting for analogical comparison and Study Three explores the impact of combining analogical comparison with direct instruction on discerning the relational structure of a domain. The results of Study Two do not support the expected positive effects of the analogical comparison interventions. Implementation of effective interventions to prompt the comparison requires further research. Additionally, the results of Study Three do not support the hypotheses, by conventional standards. However, there is some evidence of positive effects associated with the analogical comparison intervention. This dissertation contributes to the literature on audit expertise by describing how relational reasoning can play a role in advancing research in this stream and by providing some preliminary information regarding the effectiveness of specific implementations aimed at enhancing relational knowledge.
Show less
-
Date Issued
-
2018
-
Identifier
-
CFE0007192, ucf:52265
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0007192
-
-
Title
-
Three Studies Examining Auditors' Use of Data Analytics.
-
Creator
-
Koreff, Jared, Sutton, Steven, Arnold, Vicky, Baudot, Lisa, Brazel, Joe, University of Central Florida
-
Abstract / Description
-
This dissertation comprises three studies, one qualitative and two experimental, that center on auditor's use of data analytics. Data analytics hold the potential for auditors to reallocate time spent on labor intensive tasks to judgment intensive tasks (Brown-Liburd et al. 2015), ultimately improving audit quality (Raphael 2017). Yet the availability of these tools does not guarantee that auditors will incorporate the data analytics into their judgments (Davis et al. 1989; Venkatesh et al....
Show moreThis dissertation comprises three studies, one qualitative and two experimental, that center on auditor's use of data analytics. Data analytics hold the potential for auditors to reallocate time spent on labor intensive tasks to judgment intensive tasks (Brown-Liburd et al. 2015), ultimately improving audit quality (Raphael 2017). Yet the availability of these tools does not guarantee that auditors will incorporate the data analytics into their judgments (Davis et al. 1989; Venkatesh et al. 2003). The first study investigates implications of using data analytics to structure the audit process for nonprofessionalized auditors. As the public accounting profession continues down a path of de-professionalization (Dirsmith et al. 2015), data analytics may increasingly be used as a control mechanism for guiding nonprofessionalized auditors' work tasks. Results of this study highlight negative ramifications of using nonprofessionalized auditors in a critical audit setting. The second study examines how different types of data analytics impact auditors' judgments. This study demonstrates the joint impact that the type of data analytical model and type of data analyzed have on auditors' judgments. This study contributes to the literature and practice by demonstrating that data analytics do not uniformly impact auditors' judgments. The third study examines how auditors' reliance on data analytics is impacted by the presentation source and level of risk identified. This study provide insights into the effectiveness of public accounting firms' development of data scientist groups to incorporate the data analytic skillset into audit teams.Collectively, these studies contribute to the literature by providing evidence on auditors' use of data analytics. Currently, the literature is limited to demonstrating that auditors are not effective at identifying patterns in data analytics visualizations when viewed before traditional audit evidence (Rose et al. 2017). The three studies in this dissertation highlight that not all data analytics influence judgments equally.
Show less
-
Date Issued
-
2018
-
Identifier
-
CFE0007210, ucf:52289
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0007210
-
-
Title
-
An Examination of Issues Related to Professional Skepticism in Auditing.
-
Creator
-
Nickell, Erin, Trompeter, Gregory, Arnold, Vicky, Roberts, Robin, Cohen, Jeffrey, University of Central Florida
-
Abstract / Description
-
The third general standard of fieldwork requires auditors to maintain a skeptical mindset with regards to the collection and critical assessment of audit evidence. While professional skepticism is frequently referenced by professional standards, a lack of precision in defining the concept presumably leads to variation in how skepticism is exercised in practice. Drawing on theories from the fields of psychology, economics and organizational justice, this dissertation considers different...
Show moreThe third general standard of fieldwork requires auditors to maintain a skeptical mindset with regards to the collection and critical assessment of audit evidence. While professional skepticism is frequently referenced by professional standards, a lack of precision in defining the concept presumably leads to variation in how skepticism is exercised in practice. Drawing on theories from the fields of psychology, economics and organizational justice, this dissertation considers different perspectives of what constitutes sufficient professional skepticism and examines how those perspectives differ between audit practitioners and regulators.First, I consider competing perspectives of professional skepticism (-) neutral versus presumptive doubt (-) and whether asking auditors to adopt alternative perspectives of skepticism may have implications for audit efficiency and effectiveness. While, too little skepticism may endanger audit effectiveness and lead to audit failure or enforcement action, too much skepticism may arguably lead to unnecessary costs and inefficiency.Second, I consider whether the nature of the auditor-client relationship threatens an auditor's ability to maintain an attitude of professional skepticism. For example, theoretical perspectives from the fields of psychology and economics suggest that auditors may, consciously or unconsciously, be less skeptical of clients with whom they have developed close, positive working relationships or financial dependencies. More specifically, I consider whether skeptical behavior is impeded by management who display low-risk attitudes towards fraud or by client's who are considered to be highly important to the profitability of the local office.Finally, I examine how professional skepticism is defined from a regulator's perspective. When a public company is accused of fraudulent financial reporting, regulators may determinethat the audit performed on the fraudulent financial statements was deficient. Prior research has suggested that in such cases, insufficient skepticism is often a leading cause of alleged audit failure. Within a fairness theory framework, this study examines enforcement actions against auditors between 1999 and 2009, and identifies certain factors that are associated with a citation for a lack of professional skepticism. Overall, results suggest that regulators approach the issue by determining whether auditors should have been more skeptical. Factors found to affect this determination include whether the auditor was perceived as having been aware of an elevated risk of fraud or whether the client was accused of having provided the auditor with false or misleading information during the course of their investigation.
Show less
-
Date Issued
-
2012
-
Identifier
-
CFE0004417, ucf:49385
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0004417
-
-
Title
-
A Jew from Nebraska: An Actors Attempt at Stand-up Comedy.
-
Creator
-
Nathan, Jeffrey, Niess, Christopher, Brotherton, Mark, Helsinger, James, University of Central Florida
-
Abstract / Description
-
Stand-up comedy has been a major influence on American culture and has given the (")Everyman(") the ability to laugh at ourselves. Stand-up comedians have been performing in nightclubs, bars, clubs, and, most importantly, theatres for the past 60 years. Stand-up comedy can take many forms: a monologue of entertaining incidents that form a story, or a string of one-liners, or a succession of jokes. This performance project and thesis is an examination and an attempt at the art form that we...
Show moreStand-up comedy has been a major influence on American culture and has given the (")Everyman(") the ability to laugh at ourselves. Stand-up comedians have been performing in nightclubs, bars, clubs, and, most importantly, theatres for the past 60 years. Stand-up comedy can take many forms: a monologue of entertaining incidents that form a story, or a string of one-liners, or a succession of jokes. This performance project and thesis is an examination and an attempt at the art form that we call stand-up comedy. It will answer the question of what is the best approach to writing comedy for an actor finishing his graduate acting program. It will also challenge the idea of simple joke-telling versus storytelling and examine the following question: Can anyone be a standup comedian? A research of the history, an analysis of the practitioners, and training from graduate studio work will support the discovery of a practical approach to writing and performing a stand-up comedy routine.
Show less
-
Date Issued
-
2015
-
Identifier
-
CFE0006046, ucf:50978
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0006046
-
-
Title
-
RESOURCE ALLOCATION USING TOUCH AND AUDITION.
-
Creator
-
Mortimer, David, Gilson, Richard, University of Central Florida
-
Abstract / Description
-
When people multi-task with inputs that demand attention, processing, andencoding, sensory interference is possible at almost any level. Multiple Resource Theory (MRT) suggests that such interference may be avoided by drawing from separate pools of resources available when using different sensory channels, memory processes, and even different response modes. Thus, there should be advantages in dividing tasks among different sensory channels to tap independent pools of attentional resources....
Show moreWhen people multi-task with inputs that demand attention, processing, andencoding, sensory interference is possible at almost any level. Multiple Resource Theory (MRT) suggests that such interference may be avoided by drawing from separate pools of resources available when using different sensory channels, memory processes, and even different response modes. Thus, there should be advantages in dividing tasks among different sensory channels to tap independent pools of attentional resources. For example, people are better with two tasks using the eye and ear, than when using two auditory or two visual inputs. The majority of the research on MRT involves visual to auditory comparisons, i.e., the prime distance senses. The unstated implication is that the theory can be easily applied to other sensory systems, such as touch, but this is untested. This overlooks the fact that each sensory system has different characteristics that can influence how information processing is allocated in a multiple-task environment. For example, vision requires a directed gaze that is not required for sound or touch. Testing MRT with touch, not only eliminates competing theories, but helps establish its robustness across the senses. Three experiments compared the senses of touch and hearing to determine if the characteristics of those sensory modalities alter the allocation of processing resources. Specifically, it was hypothesized that differences in sensory characteristics would affect performance on a simple targeting task. All three experiments used auditory shadowing as the dual task load. In the first and third experiments a target was placed to the left or right of the participant and the targeting cue (either tactile, auditory, or combined) used to locate the target originated from the side on which the target was located. The only difference between experiments 1 and 3 was that in experiment 1 the auditory targeting cue was delivered by headphones, while in experiment 3 it was delivered by speakers. Experiment 2 was more difficult both in auditory perception and in processing. In this study the targeting cues came from in front of or behind the participant. Cues coming from in front of the participant meant the target was to the left, and conversely if the cue came from behind it meant that the target was to the right. The results of experiments 1 and 3 showed that when the signals originated from the sides, there was no difference in performance between the auditory and tactile targeting cues, whether by proximal or distal stimulation. However, in experiment 2, the participants were significantly slower to locate the target when using the auditory targeting cue than when using the tactile targeting cue, with nearly twice the losses when dual-tasking. No significant differences were found on performance of the shadowing task across the three experiments. The overall findings support the hypothesis that the characteristics of the sensory system itself influence the allocation of processing resources. For example, the differences in experiment 2 are likely due to front-back reversal, a common problem found with auditory stimuli located in front of or behind, but not with tactile stimuli.
Show less
-
Date Issued
-
2005
-
Identifier
-
CFE0000848, ucf:46657
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0000848
-
-
Title
-
DIRECTION OF REFLECTION: THE MEANS BY WHICH ONE ESTABLISHES DIRECTORIAL AND CHOREOGRAPHIC PROFICIENCY.
-
Creator
-
Wood, Nicholas, Weaver, Earl, University of Central Florida
-
Abstract / Description
-
Introduction I examined how one may establish directorial and choreographic proficiency in the contemporary society of American musical theatre. I did so by completing an examination of five personal observations in my craft. These observations included: (1) Directorship and choreography of Welcome to Vegas, an original jukebox musical; (2) Mentorship on Theatre UCF's Nine as Assistant Director and Co-Choreographer; (3) Research on the methodologies of various directors and choreographers; (4...
Show moreIntroduction I examined how one may establish directorial and choreographic proficiency in the contemporary society of American musical theatre. I did so by completing an examination of five personal observations in my craft. These observations included: (1) Directorship and choreography of Welcome to Vegas, an original jukebox musical; (2) Mentorship on Theatre UCF's Nine as Assistant Director and Co-Choreographer; (3) Research on the methodologies of various directors and choreographers; (4) Directorship and choreography of Welcome to Broadway, an original jukebox musical; and (5) Assistant to the Program Director of Broadway Theatre Project. I evaluated parallels of my directing and choreography methodologies with those of noted directors and choreographers in the entertainment industry. These industry professionals include famed choreographer Ernest O. Flatt, Ron Field, Hermes Pan, Joe Layton, and Lee Theodore, acclaimed directors Harold Clurman, Dr. Louis E. Catron, and Jon Jory, and prolific director-choreographers Patricia Birch, Donald Saddler, Bob Avian, Bob Fosse, Tommy Tune, and Michael Bennett, as well as Professor Weaver. I have worked for people who believe that experience alone is enough to make one a successful director, choreographer, or director-choreographer. My experience working with and observations of professional directors, choreographers, and director-choreographers, however, has proven that it takes more than experience alone in order to succeed. I predicted the process of establishing my own directorial and choreographic proficiency will stem from a combination of inspiration, mentorship, trial and error, and experience. Background A director coordinates and mounts theatrical productions while unifying the script, design elements, and cast to serve the world of the play. By dictionary definition, a director is, "�a person who supervises the production of a show for stage or screen with responsibility for action and rehearsals" (Webster 414). Underneath the producer, the director serves as the apex of the production. As compared to directors, choreographers fill a more visually aesthetic capacity in musical theatre. A choreographer is "�a person who designs or arranges the movement of a dance" (Webster 259). The choreographer acts in lieu of the director wherever there is music and step sequence. This is the case with exception being given to the director-choreographer. In an interview with Svetlana McLee Grody, Donald Saddler, original member of the American Ballet Theatre, expressed, "...director choreographer really give a musical a whole concept, a patina of style. Their contribution is a good 40 - 50 percent of the success of the show" (Grody and Lister 16). Experiences I will explicitly reflect on four profound career proceedings. Each will be as an effort to learn to become a better director-choreographer. These observations will chronicle an insightful phase of my learning process. Welcome to Vegas Welcome to Vegas is an original jukebox musical I authored, produced, directed, and choreographed. It was intended that the production would be a cathartic experience for the audience, allowing them to escape from the confines of everyday life by entering the humorous, loquacious, and musical world of the play. The story chronicles the triumphs and misadventures of a struggling young man in New York. When this waiter-by-day, singer-by-night becomes the opening act of a famous Vegas lounge singer, he embarks on an outrageous and witty journey across America in his Pontiac GTO. The musical's book was written while I attended my first semester at the University of Central Florida. The absurd vignette-style scenes were inspired by the sketch comedy of The Carol Burnett Show and the staging of Ernest O. Flatt. The production rehearsed four days per week for nine weeks and utilized a cast of 17 performers who ranged in age from 6 to 67. During production numbers, I drew strongly on the choreographic and visual inspiration of Bob Fosse, utilizing knocked-knees, sickled feet, 1960s movement influence, and a significant use of props, white gloves, fishnet tights, and bowler hats. I used this choreographic and visual concept to create a fervent contrast to the set and costumes, which emulated the visual aesthetics of Stan Lee's comic books. Nine With music and lyrics by Maury Yeston and a script by Arthur Kopit, Nine is a dark musical based on Federico Fellini's 8 1/2 and catalogues "...the last days of a director's once brilliant career" (Kopit 66). As the Assistant Director and Co-Choreographer, I was mentored by and worked directly under Professor Earl Weaver, Artistic Director of Theatre UCF. Upon entering my apprenticeship, I anticipated an authoritarian relationship where I would serve as a supervisory assistant, without exploiting my creative skills. To my pleasant revelation, I served as an intimate and integral component of the production's artistic process, conceptualizing choreography, staging three numbers, and giving notes, in addition to the duties of a managerial assistant. I created a choreographic vision for my work by fusing the styles of the Parisian Folies Bergere with American burlesque, Metro-Goldwyn-Mayer Golden Age movie musicals, and, of course, Bob Fosse's sensual silkiness. I did this while attempting to blend with and compliment Professor Weaver's choreographic style that resided within his world of the production. Welcome to Broadway Welcome to Broadway is an original jukebox musical I authored, produced, directed, and choreographed. My directorial style was greatly influenced by Professor Weaver, after observing his methodologies on Nine. My choreographic style strongly had been inspired by Bob Fosse and Michael Bennett. The production opened and ran for a nearly sold out engagement. My intention for the show was to encapsulate all the magic of the MGM Golden Age movie musicals into 105 minutes, featuring a cast of 25 entertainers, ranging in skill from first production to Equity veteran. My script was highly inspired by the cliche romanticism of Hollywood hits, such as Casablanca, Royal Wedding, Holiday Inn, The Public Enemy, and White Christmas. The story picks up where Welcome to Vegas left off. Michael, the formerly struggling young artist, has now made a name for himself, has inherited a production company, and is about to open his first show on Broadway when things begin to go awry. A jealous, washed-up producer has concocted an outrageous scheme to get rid of Michael on opening night. Chaos ensues behind the scenes, while the show must go on in front of the curtain. My scenic vision was to capture the auspicious spectacle of Footlight Parade, Mary Poppins, and Singing in the Rain. In post-show reflection, I realized my production displayed some similarities to Susan Stroman's succinct comedic timing and physical humor and Hal Prince's fast, moment-to-moment pace, leading me to believe that, perhaps, I had been subconsciously influenced by their works. Broadway Theatre Project Broadway Theatre Project celebrating its 26th anniversary as a summer intensive that Playbill.com refers to as "...the world's most prestigious musical theatre arts education program for high school and college students" (Broadway Theatre Project web). Entering my third year with the project, I serve as the Assistant to the Program Director and Director of Public Relations. My contribution is both administrative and creative, as I work directly under Program Director/Music Director David Sabella-Mills, Co-Artistic Director Darren Gibson, and President/Co-Artistic Director Debra McWaters. Gibson has established himself as a performer and dance captain working with Broadway veteran Ann Reinking on the national and European tours of Fosse. In addition, he has staged ballets for the Richmond Ballet, the Boston Ballet, and the American Ballet Theatre. He is currently Education Director for TexARTS. Gibson is an excellent mentor because he has a wealth of knowledge he is willing to share with me. For instance, he has taught me that in order to be an outstanding choreographer, one must look deeper than merely studying other musicals; one must study how/by whom the choreographers of those musicals were initially inspired. By heeding his counsel, I will be able to go from modifying and/or re-teaching others' choreography to establishing my own choreography. McWaters has had an enviable career directing and choreographing on stages around the world, including Broadway. For 15 years, she served as Assistant then Associate Choreographer for Reinking on Chicago, Fosse, and The Visit. She is an excellent mentor for me because not only is she a disciple of Fosse's, but she has afforded me the opportunity to serve as her Assistant to the Choreographer for three numbers, including staging the original choreography to "Yellow Shoes." This will allow me to analyze and understand the inner workings of a true artistic genius who is seasoned in the craft I wish to pursue. Industry Professionals Additionally, I will research the styles, methodologies, and philosophies of numerous established industry professionals, including: Ernest O. Flatt Ernest O. Flatt was "a dancer, choreographer and director who won four Emmy Awards for his work in television" (Obituary: Ernest O. Flatt). He made his silver-screen debut as a dancer in Dancing in the Dark and his television debut as choreographer in Your Hit Parade. He danced with Gene Kelly in Singin' in the Rain, choreographed the movie Anything Goes, and his dancers were fixtures on The Judy Garland Show, The Entertainers, and The Steve Lawrence Show. Flatt's most lasting television work was for The Carol Burnett Show, on which he served as the choreographer for eleven years (Grody and Lister 24). Despite the fact that Flatt is primarily recognized as a television choreographer, I am compelled to study his work because I admire his style. Although it is reminiscent of years gone by, particularly with partnering, his work is still entertaining and holds value for contemporary theatre as classic musicals are being revived. Studying his work in-depth will serve to enhance my style by showing me how to vary my choreography so the dance numbers do not all look similar. In addition, Flatt believed that allowing the ensemble or solo performer to contribute too much was stifling to his creativity (Grody and Lister 32). On previous productions, I have fallen into this pitfall. Further study of his work will enable me to subscribe to his focus and not be so influenced by what dancers are comfortable doing, as opposed to what they can do in order to expand their personal growth and my growth as a choreographer. Harold Clurman One of the three founders of New York City's Group Theatre, Harold Clurman directed more than 40 productions and was nominated for several Tony Awards. In addition, he was a widely-feared theatre critic for over 30 years; he helped to shape American theatre by writing about it. I will specifically study On Directing, one of Clurman's seven published works on the art of directing. Elia Kazan, who is commonly referred to as one of the most honored and influential directors in Broadway and Hollywood history, has called this particular book "the most influential book on direction ever written" (Clurman Preface). I would be compelled to study Clurman based on Kazan's recommendation alone; however, I am even more motivated to do so because I am discovering that I closely practice his stated philosophy on directing, "Direction is a job, a craft, a profession, and at best, an art. The director must be an organizer, a teacher, a politician, a psychic detective, a lay analyst, a technician, a creative being�All of which means he must be a "great lover" of the art" (Clurman 14). By examining the work of a man who is credited with helping to shape American theatre and whose philosophy so closely matches mine, I desire to formally establish my methodology as a director. Jon Jory Jon Jory learned to act first-hand from his parents, who were successful Hollywood actors of the 1940's and 50's, earning his Actors' Equity card as a young child. He grew to prominence as a director in the early 60's and, since then, he has mounted over 1,300 professional productions. I will specifically study Jory's Tips: Ideas for Directors. Jory says that he worked "making the same mistakes for years that a tip or two by a peer or veteran could have shortcutted" (xiii). His goal with this book is to help directors improve their craft more quickly by passing along the tips he has learned over the years. I am compelled to study Jory because of his willingness to share his tips on what has made him a successful director for approximately one-half of a century spanning nine countries. In addition, he headed the Actor's Theatre of Louisville, Kentucky, for more than 31 years, which he helped to build into one of America's most respected regional theatre companies, earning him a special Tony Award for Achievement in Regional Theatre (Jory xv). Since one of my professional goals is to become an Artistic Director at a regional theatre, Jory is a perfect selection for my research. Bob Fosse Deeply inspired by Fred Astaire and coping with his own psychological and physical abnormalities, Bob Fosse created the most unique and stylized iconic movements and vocabularies in musical theatre history. His most lasting works included Chicago, Damn Yankees, Cabaret, Sweet Charity, and Pippin. Fosse is an eight-time Tony Award-winning consummate artist. Ben Vereen says, "To have worked with Bob Fosse is to have had your hand directly on the pulse of life. To have applied this world-recognizable style into your repertory is to truly know how to dance forever" (McWaters Foreward). I have had the good fortune of learning his distinct techniques from some of his disciples while studying at Broadway Theatre Project. I am compelled to study Fosse because he was a renowned producer, director, choreographer, playwright, screenwriter, dancer, and actor--all of which are aspirations of mine. According to Vereen, Fosse was often called "demanding," "strenuous," and a "task master," yet he was highly respected by his dancers (McWaters Foreword). Fosse's ability to earn respect while demanding perfection is a quality I hope to learn and emulate with further study of his work. Tommy Tune Tommy Tune, nicknamed Broadway's tallest tapper, is considered one of Broadway's most accomplished director-choreographers. He is a 10-time Tony Award winner. "Tommy is the first person in theatrical history to have won a Tony Award in four different categories: Best Featured Actor, Choreography, Best Actor, and Direction" (Grody and Lister 142). At the June, 2015 Tony Awards ceremony, he received a Lifetime Achievement Honor. I am compelled to study Tune's methodology because he is considered a living legend; he has been a big time showman for over 50 years. In addition, I am compelled to study Tune's philosophy because he speaks to me with respect to security as an artist. Tune says, "There is no such thing as security. You must always be willing to expect the unexpected because the journey is never what you expect it to be. So be prepared to be surprised" (Grody and Lister 149). I must learn to trust this philosophy as I face not only the uncertainty of life beyond graduation from the University of Central Florida, but also as I face each door that opens in my future. Michael Bennett Michael Bennett's fascination with West Side Story was the impetus for Bennett to become a director-choreographer of the standing of Jerome Robbins (Grody and Lister 114). As a director, choreographer, writer, and actor, Michael Bennett is a seven-time Tony Award winner. His choreographic works were highly athletic and engrossed in technique. He is best known for his work on Promises, Promises; Follies; Company; and A Chorus Line, and he was fortunate to have had the opportunity to be inspired by such greats as Bob Fosse, Michael Kidd, Ron Field, Lee Theodore, and Danny Daniels (Grody and Lister 114). I am compelled to study Bennett because our early backgrounds are similar: neither of us had dance lessons until we were in our teens, and neither of us could read music, although we both listened to a great deal of it. I am inspired to learn/practice Bennett's methodologies for overcoming these challenges, such as his recommendations to see every musical possible in order to see how good directors-choreographers work and to prepare for a show as far as possible ahead of time (Grody and Lister 101). In addition, I am compelled to study Bennett's technique of compensation when he could not choreograph a number as conceptualized due to the limited skill of the dancer(s) with whom he was working at the time (Grody and Lister 103). Studying and applying these methods and techniques when faced with challenges will enable me to be a better director-choreographer. Deduction It is essential for me to delve into extensive research of directorial and choreographic concepts and pedagogy because I strongly desire to learn the means by which one establishes proficiency as a Director-Choreographer artist. It will help me to answer such questions as: How does one begin to direct/choreograph a piece? How knowledgeable does one need to be with respect to music? How knowledgeable does one need to be with respect to different forms of dance? What affects one most with respect to choreographing a number? Is there value in working with assistants? Since my study will include not only my own personal experiences and observations, but also those of renowned professionals, it will enable me to formally establish my own unique style of directing and choreographing.
Show less
-
Date Issued
-
2015
-
Identifier
-
CFH0004889, ucf:45417
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFH0004889
-
-
Title
-
A THEORY OF COMPLEX ADAPTIVE INQUIRING ORGANIZATIONS: APPLICATION TO CONTINUOUS ASSURANCE OF CORPORATE FINANCIAL INFORMATION.
-
Creator
-
Kuhn, John, Cheney, Paul, University of Central Florida
-
Abstract / Description
-
Drawing upon the theories of complexity and complex adaptive systems and the Singerian Inquiring System from C. West Churchman's seminal work The Design of Inquiring Systems the dissertation herein develops a systems design theory for continuous auditing systems. The dissertation consists of discussion of the two foundational theories, development of the Theory of Complex Adaptive Inquiring Organizations (CAIO) and associated design principles for a continuous auditing system supporting a...
Show moreDrawing upon the theories of complexity and complex adaptive systems and the Singerian Inquiring System from C. West Churchman's seminal work The Design of Inquiring Systems the dissertation herein develops a systems design theory for continuous auditing systems. The dissertation consists of discussion of the two foundational theories, development of the Theory of Complex Adaptive Inquiring Organizations (CAIO) and associated design principles for a continuous auditing system supporting a CAIO, and instantiation of the CAIO theory. The instantiation consists of an agent-based model depicting the marketplace for Frontier Airlines that generates an anticipated market share used as an integral component in a mock auditor going concern opinion for the airline. As a whole, the dissertation addresses the lack of an underlying system design theory and comprehensive view needed to build upon and advance the continuous assurance movement and addresses the question of how continuous auditing systems should be designed to produce knowledge knowledge that benefits auditors, clients, and society as a whole.
Show less
-
Date Issued
-
2009
-
Identifier
-
CFE0002848, ucf:48052
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFE0002848
-
-
Title
-
THE ACCOUNTING FRAUD @ WORLDCOM: THE CAUSES, THE CHARACTERISTICS, THE CONSEQUENCES, AND THE LESSONS LEARNED.
-
Creator
-
Ashraf, Javiriyah, Roush, Pamela, University of Central Florida
-
Abstract / Description
-
The economic prosperity of the late 1990s was characterized by a perceived expansive growth that increased the expectations of a company's performance. WorldCom, a telecommunications company, was a victim of these expectations that led to the evolution of a fraud designed to deceive the public until the economic outlook improved. Through understanding what led to the fraud, how the fraud grew, and what its effects were, lessons can be derived to gain a better understanding of the reasons...
Show moreThe economic prosperity of the late 1990s was characterized by a perceived expansive growth that increased the expectations of a company's performance. WorldCom, a telecommunications company, was a victim of these expectations that led to the evolution of a fraud designed to deceive the public until the economic outlook improved. Through understanding what led to the fraud, how the fraud grew, and what its effects were, lessons can be derived to gain a better understanding of the reasons behind a fraud and to prevent future frauds from occurring or growing as big as the WorldCom fraud did.
Show less
-
Date Issued
-
2011
-
Identifier
-
CFH0003811, ucf:44772
-
Format
-
Document (PDF)
-
PURL
-
http://purl.flvc.org/ucf/fd/CFH0003811