1 Sarbanes-Oxley Act of 2002 • Assignment • SOX Quiz

2 Audit Committee Financial Experts- As Closer Examination Using Firm Designations by Carcello, Joseph V, Carl W Hollingsworth, and Terry L Neal • Discussion Questions • Securities and Exchange Commission: Disclosure Required by 404, 406 and 407 of SOX 2002 • Proposed Rule • Final Rule

3 An empirical evaluation of accounting income numbers  •  Ball, R., and P. Brown • Questions

4 How Do Earnings Numbers Relate To Stock Returns A Review Of Classic Accounting Research With Updated Evidence Assignment by Nichols, James M Wahlen, D Craig; • Assignment • Discussion Questions •

5 Long-Run Stock Returns Following Briloff'S Analyses • Desai, PC Jain, H; • Questions •

6 European-U.S. “GAAP Gap”: IFRS to U.S. GAAP Form 20-F Reconciliations • Henry, Stephen Lin, and Ya-wen Yang • Assignment • Questions •  

7 Financial Reporting Regulation and the Reporting of Pro Forma Earnings • Gary M Entwistle, Glenn D Feltham, Chima Mbagwu. 2006.• Questions •

8 Empirical Evidence on Recent Trends in Pro Forma Reporting • Nilabhra Bhattacharya, Ervin L Black, Theodore E Christensen, Richard D Mergenthaler. Accounting Horizons. 2004 • Questions •

9 Going-concern opinions in the "new" legal environment by Marshall A Geiger, K Raghunandan • Questions •

10 Audit Firm Size and Going-Concern Reporting Accuracy by Marshall A Geiger, Dasaratha V Rama • Questions •

11 Financial Restatements GAO 2006 (Focus on pages 1-52);  • Questions •

12 Initial evidence on the association between nonaudit fees and restated financial statements •  K Raghunandan, William J Read, J Scott Whisenant • Questions •

13 Initial Evidence on the Association between Nonaudit Fees and Restated Financial Statements • Questions

ASC 230-10 Statement of Cash Flows

ASC 320-10-55 Investments Implementation Guidance

ASC 605-15 Revenue Recognition Products

ASC 605-25 Multiple-Element Arrangements

ASC 840-20 Operating Leases

ASC 740 10 Income Taxes