Houke presents at IABPAD Conference
Charlotte Houke, associate professor of business at the North Augusta location, presented her paper entitled “An Analysis of the Types and Severity of Accounting Rule Failures in Reported Financial Restatements of US and Foreign Firms” at the International Academy of Business and Public Administration Disciplines conference in Orlando, Fla., and was subsequently printed in the International Journal of Business, Accounting, and Finance, Fall 2012 vol. 6 no.2 issue.
The study compared the type and severity of accounting rule failures reported in financial restatements to the US SEC in North American, European Union and Asian Pacific firms and included more than 2,600 occurrences grouped into 12 types. Overall, the type of severity and type of accounting rule failures in North American firms indicated significant differences in some types of rule failures compared to the foreign firms. Certain types of accounting rule failures may be cultural.