Research and Scholarship
Auditor’s Report Needs Significant Changes
Every year public companies release a financial statement that includes an auditor’s report that provides assurance about the quality of the company’s financial information. A recent paper co-authored by Ted Mock, distinguished professor of audit and assurance in the School of Business Administration, found those reports are often misunderstood, misinterpreted or not even read.
These reports are in need of “significant changes,” Mock and his co-author found. Their findings came from focus-group discussions with chief financial officers, bankers, analysts, nonprofessional investors and external auditors.
The paper is meant to help U.S. and international auditing standard -setting agencies modify the auditor’s report in light of alleged auditing and accounting scandals at Enron, WorldCom and others.
Occupy Movement Found in Smaller Towns
The Occupy Wall Street movement that began in New York City and spread to America’s largest cities and abroad also found support in many of California’s smaller towns and municipalities, according to researchers at UCR’s Transnational Social Movements Research Working Group in a recent report.
Occupy movements “emerged in seemingly unlikely places, demonstrating the depth of frustration that people feel about the recession and the austerity measures that have been taken by authorities,” the report stated. Researchers identified Occupy movements in 143 smaller California cities and towns.
“Big cities got the movement early. The spatial depth of the movement to small towns is not well-known,” said Christopher Chase-Dunn, distinguished professor of sociology known for his research on social movements.
Occupy sites on Facebook in California’s smaller cities were nearly evenly divided between the northern and southern halves of the state, with 70 identified north of Bakersfield and 73 south of the Kern County city.
John Martin Fischer Completes Trilogy
Distinguished professor and chair of the philosophy department John Martin Fischer has published “Deep Control: Essays on Free Will and Value,” the third collection in a trilogy for Oxford University Press. In “Deep Control,” Fischer defends the contention that moral responsibility is associated with “deep control,” which he defines as “the middle ground between two untenable extreme positions: ‘superficial control’ and ‘total control.’”
Bilayer Graphene Works as an Insulator
A research team led by UCR physicists has identified a property of “bilayer graphene” that the researchers say is analogous to finding the Higgs boson in particle physics.
Formed when two graphene sheets are stacked in a special manner, bilayer graphene has high current-carrying capacity, also known as high electron conductivity.
The physicists found that when the number of electrons on the bilayer graphene sheet is close to zero, the material becomes insulating.
This finding has implications for the use of graphene as an electronic material in the semiconductor and electronics industries.
Chun Ning (Jeanie) Lau, an associate professor of physics and astronomy, was the lead author of the research paper, which was published online Jan. 22 in Nature Nanotechnology.