Accounting Scholarly Research

Dr. Sherry Li, Associate Professor I, coauthored “Made in China: The Mengniu Phenomenon, A Study of One Chinese Firm's Differentiation Strategy” with Dr. Haywood-Sullivan and Lin Li, which was the IMA Lybrand Award this summer (2013). She was awarded paid research leave for her project “Does Managerial Ownership of Debt affect audit pricing?”

The strength of a differentiation strategy that emphasizes quality over price, a Chinese dairy conglomerate has vaulted itself into the ranks of the world’s largest companies in less than a generation. Some of its innovations-not just in how it earns revenue but in how it treats employees and the environment-have executives in other countries taking notice. The company’s rapid growth, which has been marked by great successes and some glaring mistakes, serves as an instructive tale for management accountants and other financial professionals faced with a rapidly expanding business model.

Dr. Maria Sanchez has written three articles that were recently published in academic journals:

“The Effectiveness of Interactive Professional Learning Experiences as a Pedagogical Tool: Evidence from an Audit Setting,” with C. P. Agoglia and K. F. Brown, Journal of Accounting Education, 30 (2), 2012; “The Role of the Forensic Accountant in a Medicare Fraud Identity Theft Case,” Global Journal of Business Research, 6(3), 2012; and “The Role of the Expert Witness in Accounting Fraud Cases,” with S. W. Zhang, Global Journal of Business Research, 6(1), 2012.

“The Effectiveness of Interactive Professional Learning Experiences as a Pedagogical Tool: Evidence from an Audit Setting”
This paper describes an interactive professional learning experience (IPLE) and provides guidance for implementing an IPLE in an audit classroom. The IPLE described in this paper exposes students to a realistic practice environment within the classroom by bringing practitioners together with students in a professional supervisory setting. Practitioners review students work and then meet with students one-on-one to provide feedback on their work. We also document evidence of the pedagogical value of an IPLE by using a between-subjects experimental design in which learning outcomes for participants are compared to a control group that received the same instructions and completed the same written assignment, but did not participate in the professional interaction. In addition, pre- and posttests of students’ audit knowledge allowed for a within-subjects self-assessment of knowledge acquisition. The results strongly suggest that participation in the IPLE improves students performance on a skills test of relevant audit material and increases their self-perceptions of knowledge gained. In addition, results indicate that both students and audit professionals consider the IPLE a positive professional learning experience.

“The Role of the Forensic Accountant in a Medicare Fraud Identity Theft Case”
Identity theft is a rampant problem in the United States. It occurs when one’s personal information is stolen for the purpose of impersonating that person, making unauthorized purchases, taking money from bank accounts, opening new lines of credit with the stolen information, or using that information for other financial gain. According to a recent survey by the Javelin Strategy and Research Center, at least one in ten people have been the victim of identity theft. Forensic accountants and fraud specialists can help to prevent, detect and prosecute identity theft. This study examines a case of identity theft involving Medicare fraud. The role that the forensic accountant may play in the prosecution is discussed. The forensic accountant is important in these types of cases because the financial trail must be traced and will lead back to the criminal. The forensic accountant also has the important job of preparing the evidence exhibits for the prosecutors to use in court.

 

Archived Events

2nd Annual Accounting Advisory Council Hall of Fame Dinner – May 3, 2013 

Rider University’s Accounting Advisory Council welcomed and honored its second class at its Accounting Hall of Fame Dinner and Induction Ceremony on May 11 at Pines Manor Restaurant in Edison, N.J. More than 160 attendees attended the evening event, which honored Rider alumni who have distinguished themselves in the accounting profession. Proceeds from the dinner will help fund student scholarships.

Annual Adrian Project – April 19, 2013

Rider University participates in the Internal Revenue Service’s Adrian Project Student Fraud Conference, in which about 20 College of Business Administration students work alongside IRS criminal investigation agents to solve a fictional case. The daylong mock criminal investigation is held on the Lawrenceville campus, primarily in Sweigart Hall.  Click below to see articles/videos from the event.

2013
2012 Article 1 / 2012 Article 2
2011
2010

Preventing and Detecting Fraud in Non-Profits – November 1, 2011

This presentation was made by Patricia L. Jarrach, Esq. CFE, Marino, Mayers & Jarrach LLC, Counselors at Law; Jonathan Marks, Partner-in-Charge of the Crowe Horwath LLP Fraud, Ethics, and Anti-corruption Practice; Theresa Richardson, CPA, Partner WithumSmith+Brown, PC, Certified Public Accountants and Consultants; and Glen Walton, CPA, Bowman &Company, LLP, Certified Public Accountants and Consultants. Despite the strong ethical culture of the nonprofit sector, the Ethics Resource Center (ERC), a private, nonprofit organization devoted to independent research, has reported that financial fraud is more prevalent in nonprofits than for-profit businesses or the government.  Rider University presented a four-hour seminar to inform law enforcement, government officials, and nonprofit managers about fraud schemes, in the nonprofit sector, and how to prevent and detect them.

Critical Issues in Cloud Computing – April 26, 2011

This presentation was made by Frank Kovacs, Senior Manager, Advisory Services, Ernst & Young, LLP, Iselin, NJ and Michael J. Wojcik, Manager, IT Risk Transformation Center, Ernst & Young, LLP. This seminar covered migrating to the cloud and what it means to you regardless of the specific area of accounting and auditing that you are in. Cloud adoption has many transformative effects beyond pure technology.  Beside technical and accounting issues, all the organizational and cultural issues associated with migrating to cloud services were covered. The experts discussed what cloud computing is; different types of cloud solutions to their impact on auditing, risk management, compliance, security, and governance; how companies develop strategies for adopting and consuming the appropriate cloud services; how moving to the cloud services transforms cost structures, and workforce requirements; and how cloud systems can meet or exceed the privacy and security of in-house systems.

Accounting Advisory Council Hall of Fame DinnerMay 11, 2011
Rider University’s Accounting Advisory Council welcomed and honored its inaugural class at its Accounting Hall of Fame Dinner and Induction Ceremony on May 11 at Pines Manor Restaurant in Edison, N.J. More than 160 attendees attended the evening event, which honored Rider alumni who have distinguished themselves in the accounting profession. Proceeds from the dinner will help fund student scholarships. Honorees included John Layton ’66, Donald Richards ’70, Stephen J. Cosgrove M.B.A. ’77, Frank Sonnenberg ’77, Clair Raubenstine ’63 and Professor John Gorman ’59.

Honoree biographies (.pdf)
Event pictures

Social Networking Sites and Fraud Investigation - April, 29, 2011
This seminar covered how the Internet can be used as an important source of information when conducting fraud examinations. Attendees developed an understanding of how to use social networks to aid investigations, legal issues concerning information obtained from the internet, optimization of investigative searches and find information available through public records. The seminar also provided examples of computer related fraud schemes and case studies to enhance understanding of material covered.

Video Part 1
Video Part 2

Adrian Project - March 25, 2011
Rider University participated in the Internal Revenue Service’s Adrian Project Student Fraud Conference, in which 21 College of Business Administration students worked alongside IRS criminal investigation agents to solve a fictional case. The daylong mock criminal investigation was held on the Lawrenceville campus, primarily in Sweigart Hall.  Click below to see articles/videos from the event.

Trenton Times Article
Event pictures

State Auditor Presentation - Friday, January 29, 2011
This presentation was made by Dr. Dorothy A McMullen, CPA, CFE, FCPA, CICA, Associate Professor of Accounting, made a presentation on behalf of the Center for Business Forensics entitled “Occupational Fraud and Abuse: Now Playing at an Organization Near You” to a group of 230 auditors for the State of New Jersey. The presentation was part of a daylong CPE training session for auditors in the State of New Jersey that focused on fraud indicators, how fraud is investigated and how fraud is executed.

Basics of Fraud Detection - January 28, 2011
This seminar covered the fundamentals of fraud detection and prevention.  Topics included: fraud theory, understanding why people commit fraud, defining elements of fraud, forensic audit techniques, deterection and prevention strategies. View a video of the presentation.

Video Part 1
Video Part 2