An analysis of recent accounting and auditing failures in the United States on US accounting and auditing in China

Managerial Auditing Journal

Volumn 20, Issue 3, 2005, Pages 227-234

  Hwang, Dennis B K ^a   Staley, A Blair ^a  

^a BLOOMSBURG UNIVERSITY   (United States)

Author keywords

Accounting; Auditing; Business development; China; National cultures; Quality

Indexed keywords

EID: 17744364931     PISSN: 02686902     EISSN: None     Source Type: Journal    
DOI: 10.1108/02686900510585573     Document Type: Article

References (33)

1. American Institute of Certified Public Accountants (2003), "A bird's eye view of the Enron deébâcle", para. 3-5, available at: www.aicpa.org/info/birdseye02.htm (accessed September 29).
2. Ang, S.H. and Leong, S.M. (2000), "Out of the mouths of babes: Business ethics and youths in Asia", Journal of Business Ethics, Vol. 28 No. 2, pp. 129-44.
3. Au, A.K.M. and Wong, D.S.N. (2002), "The impact of guanxi on the ethical decision-making process of auditors - an exploratory study on Chinese CPAs in Hong Kong", Journal of Business Ethics, Vol. 28 No. 1, pp. 87-93.
4. Berger, A. (1997), "Continuous improvement and kaizen: standardization and organizational change", Integrated Manufacturing Systems, Vol. 8 No. 2, p. 110.
5. Dou Wei Times (2003), July 6.
6. Feldman, A. (2002), "The real accounting scandal", Money, September.
7. Foreign Corrupt Practices Act (FCPA) (1977), 15 USC 78dd.
8. Helms, M.M. (2003), "The challenge of entrepreneurship in a developed economy: The problematic case of Japan", Journal of Developmental Entrepreneurship, Vol. 28 No. 3, pp. 247-64.
9. Hwang, D.B.K. and Baker, R.L. (2000), Proceedings of Global Awareness Society International Conference, New York, NY, May, pp. 71-6.
10. Hwang, D.B.K. and Baker, R.L. (2003), "Recent financial miscues and accounting reforms in the USA", Proceedings of Global Awareness Society International Conference, Washington, DC, May.
11. Inoue, T. and Thomas, W.B. (1996), "The choice of accounting policy in Japan", Journal of International Financial Management and Accounting, Vol. 7 No. 1, pp. 1-23.
12. Internal Revenue Code (1986), 26 USC 162(m).
13. Kidd, J.B. (1995), "Subcontractors, JIT and kanbans: A brief review of spring manufacturing in Japan and South Korea", Integrated Manufacturing Systems, Vol. 6 No. 6, pp. 15-22.
14. Kieso, D.E., Weygandt, J.J. and Warfield, T.D. (2002), Intermediate Accounting, 10th ed., John Wiley & Sons, New York, NY.
15. Li, J. and Wright, P.C. (2000), "Guanxi and the realities of career development: A Chinese perspective", Career Development International, Vol. 5 No. 7.
16. Lou, Y. (1995), "Business strategy, market structure, and performance in international joint ventures: The case of joint ventures in China", Management International Review, Vol. 35 July, pp. 241-64.
17. Lou, Y. (1997a), "Guanxi and performance of foreign-invested enterprises in China: An empirical inquiry", Management International Review, Vol. 37 No. 1, pp. 51-70.
18. Lou, Y. (1997b), "Guanxi: Principles, philosophies, and implications", Human Systems Management, Vol. 16 No. 1, pp. 43-51.
19. Lovett, S., Simmons, L.C. and Kali, R. (1999), "Guanxi versus the market: Ethics and efficiency", Journal of International Business Studies, Vol. 30 No. 2, pp. 231-47.
20. Morphy, E. (2001), "Grease busting", Export Today's Global Business Vol. 17, pp. 48-53.
21. Nakayama, M. and Stucky, J. (2004), Japanese Culture Notes, Institute for Japanese Studies, The Ohio State University, Columbus, OH and Global Horizons, Columbus, OH.
22. Nocerra, J., Kahn, J., Rynecki, D. and Leaf, C. (2002), "System failure", Fortune, June 24.
23. Peterson, J.R. (2002), "Accounting under siege", ABA Banking Journal, April.
24. Sarbanes-Oxley Act (S-O Act) (2002), 15 USC 78(m).
25. Seligman, S.D. (1999), "Guanxi: Grease for the wheels of China", The China Business Review, Vol. 26 No. 5, September/October, pp. 34-8.
26. Shelby, R. (2003), "Statement", September 9, para 3, available at: http://banking.senate.gov/ (accessed September 29).
27. Su, C. and Littlefield, J.E. (2001), "Entering guanxi: A business ethical dilemma in mainland China?", Journal of Business Ethics Vol. 33 No. 3, pp. 199-210.
28. Wall Street Journal (2003), "Scandal scorecard", October 3, pp. B1 and B4.
29. World Journal (2002), May 11, p. A3.
30. Yeung, I.Y.M. and Tung, R.L. (1996), "Achieving business success in Confucian societies: The importance of guanxi (connections)", Organizational Dynamics, Vol. 25 No. 2, pp. 54-65.
31. Hwang, D.B.K., Barker, R.L. and Tang, Q. (2002), "A study of the emerging issues surrounding auditing practices in China", Journal of Global Awareness, Vol. 1 No. 1, pp. 18-27.
32. Ignatius, D. (2002), "The faces of China's future", The Washington Post, September 29, p. A29.
33. Vikers, M. and France, M. (2002), "How corrupt is Wall Street?", Business Week, May 13.