Isenberg Accounting Professors Earn National Research Honors
March 04, 2019
Two Isenberg accounting professors have earned separate honors from the American Accounting Association’s Auditing Section. A paper by Richard H. Simpson Professor of Accounting Chris Agoglia won the Notable Contributions to the Auditing Literature Award. A second paper, by Professor Yoon Ju Kang, won Best Paper honors at the AAA Auditing Section Midyear Conference.
Agoglia’s paper, “Principles-Based versus Rules-Based Accounting Standards: The Influence of Standard Precision and Audit Committee Strength on Financial Reporting Decisions,” was published in The Accounting Review in 2011, to address the concern that regulatory initiatives to strengthen audit committee oversight of corporate financial reporting had led to excessively rules-based General Accepted Accounting Principles. The award recognizes the work as making a significant contribution to auditing research, education, or practice. Agoglia coauthored his study with Timothy Doupnik of the University of South Carolina and George Tsakunis of Drexel University.
For her paper, “Revealing Oz: Audit Firm Partners’ Experiences with National Office Consultations,” Professor Kang interviewed experienced audit firm partners to better understand the current consultation dynamic between national offices and engagement teams and between national offices and clients. The study found that audit firms had scaled back on client collaboration as an immediate response to the Sarbanes Oxley Act. More recently, however, the firms have gravitated back to a more collaborative approach (consistent with the pre-SOX era).